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The Cardano blockchain has achieved a significant milestone with the introduction of the Chang Hard Fork Combinator. This critical update marks an essential phase in the platform’s evolution and has introduced several important features, most notably decentralized voting mechanisms. Additionally, a substantial treasury of 1.5 billion ADA has been allocated to support community-led projects and initiatives.
Pioneering Decentralized Governance
This foundational event signifies the beginning of a new era of decentralized governance within the Cardano ecosystem. Among the projects emerging in the wake of this upgrade is Catalyst Dreamers, which aims to capitalize on the newly established governance framework. This initiative stands out as it is purpose-built to support Web3 developers in smoothly launching their Decentralized Autonomous Organization (DAO) projects on the Cardano blockchain.
Innovative DAO Solutions
The recently released Catalyst Dreamers Litepaper outlines the platform’s vision and its innovative approach to DAO creation and funding. Catalyst Dreamers is committed to fostering an environment where innovation can flourish, thereby positioning itself as a key player in the future growth of the Cardano ecosystem. The platform offers unique benefits to holders of its native token, $DRMRS, granting them special advantages within the Catalyst Dreamers ecosystem.
Upcoming Presale Details
Excitement is building as Catalyst Dreamers prepares for its exclusive presale event, scheduled for Friday. The $DRMRS token features a total supply of one million tokens, with 60% earmarked for this upcoming presale. The event will kick off on September 5th, 2024, at 3 PM UTC, utilizing the NMKR platform to ensure accessibility and encourage community engagement.
Flexible Presale Structure
Designed with fairness in mind, the presale will not have a fixed price but will instead implement a soft cap of 300,000 ADA. This means that if the soft cap isn’t reached, all contributions will be refunded, ensuring that the project can only launch under strong community support. The initial market cap for $DRMRS will be determined by the total amount of ADA raised during this presale, which is a novel approach on Cardano, fostering fair price discovery for the token.
Post-Presale Plans and Community Engagement
Following the presale, the $DRMRS token will be paired with ADA and will have liquidity provided on RMinswap, one of Cardano’s leading decentralized exchanges (DEX). This setup presents an exciting opportunity for both seasoned Web3 investors and newcomers to acquire the $DRMRS token using ADA for a limited time prior to its public launch on Cardano DEXes. To stay informed about developments and updates, interested individuals are encouraged to follow Catalyst Dreamers on X and join their vibrant Discord community.
About Catalyst Dreamers
Catalyst Dreamers is a Decentralized Autonomous Organization focused on strategically enhancing the Cardano ecosystem. Its mission includes implementing targeted growth initiatives, maximizing marketing efforts, and directly investing capital into promising projects. By nurturing an innovative environment, Catalyst Dreamers aims to be an integral part of Cardano’s ongoing evolution and success.
Contact Information
For more details, visit the following links:
- Website: catalystdreamers.com
- Litepaper: Litepaper Link
- X: @catalystdrmrs
- Telegram: Telegram Group
- Discord: Discord Channel
- Email: [email protected]
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