The Cardano ecosystem member organization Intersect has established a 2 million AUD fund pool to promote the development of Cardano

ChainCatcher news, according to CoinDesk, the Cardano ecosystem member organization Intersect has announced the establishment of a funding pool of 2 million AUD (approximately 1.329 million USD) to support empowering the community and promoting active participation in Cardano development projects.

The team stated, "We plan to provide 100 grants to strengthen and expand community-led decision-making in Cardano. The application window for various grant categories is now open, with this round focusing on creating strong avenues for the community to discuss Cardano Improvement Proposals."