Cardano's funding platform smashes new milestone CardanoADA CardanoCommunity ProjectCatalyst ADA $ADA BuildingonCardano
The total funds requested were $38,391,449, out of which $25,961,245 have been distributed, and the remaining amount is $12,430,204.Input Output Global, in its most recent report, highlights some significant milestones reached in the week. The Hydra team updated graphics and added a section about rollbacks to complete the Hydra V1 specification.
The release of the proof-of-concept EVM sidechain testnet is another significant accomplishment. Developers may now deploy smart contracts and dApps, connect wallets and test token transfers between test environments. IOG, in collaboration with the Cardano Foundation and Emurgo, is currently making preparations for the upcoming Valentine upgrade. This week, an SECP update proposal to upgrade the Cardano mainnet and preproduction environment was submitted.
The upgrade will be deployed on the mainnet on Feb. 14, 2023, at 9:44 p.m. UTC and will go into effect on preproduction on Feb. 11, 2023, at 12 a.m. UTC.
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