Untitled Governance Proposal

Proposal KPI Achievement Metrics

Formula proposal success: PS = v1*IF + v2*IS + v3*ISpeed (berbobot). Nilai yang ditampilkan sudah dinormalisasi 0-100%.

Scraped KPI & Milestone Evidence

KPI Items: 5 | Milestones: 10 | Completed Milestones: 1

• These targets are captured in the KPI framework.
• \n\nThe objective is not simply to increase attendance, but to convert audience concentration into qualified relationships, enterprise conversations, ecosystem visibility, and measurable post event outcomes.
• \n\nThis event is timed to capitalize on TOKEN2049, the ecosystem gain direct access to a pre qualified institutional target audience and further align with several positive ecosystem developments started in 2025.
• Revenue \n\nRevenue Target: The Summit 2026 aims to generate USD 450,000 in revenue through ticket sales and sponsorships.
• A reduced planning timeline may result in a reduced scale of the event and changes to the event agenda, planning speakers, or similar aspects of organizing the events.

• \n\nCardano’s next phase of adoption must be shaped where enterprise, institutional, regulatory, and developer audiences already converge.
• By October 2026, this context creates a timely setting for Cardano to present its infrastructure, ecosystem progress, and real world use cases to audiences actively evaluating the next phase of blockchain adoption.
• [][image3]\n\nAlong with examining the regulatory and governance frameworks shaping the next phase of adoption, we aim to develop four key focus areas:\n\n Focus Area 1: explores how blockchain is reshaping financial market infrastructure.
• Vendor contracts have the following operations:\n\n Withdraw: When all payment conditions for a milestone are met, the vendor can withdraw their milestone payment.
• \n Pause: Pausing a specific milestone for a vendor, preventing it from being claimed in case of a dispute of delivered work.
• (Must be executed by the Oversight Committee) \n Resume: Resuming a paused milestone, after the dispute has been resolved.
• \n\nThe vendor, Cardano Foundation, will exercise permissions under its respective vendor contract and each has existing finance and payment processes designed to ensure approval and release of funds, which must happen before an on chain authorization.
• \n\n Milestone 2: 1,560,000 ada, USD 390,000 \n \n Milestone 2 is the final payment milestone payable after delivery of the event.

Proposal Title & Body

Title: Untitled Governance Proposal

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Following extensive discussions with the community the Foundation has revised the proposal as follows: \n\n* This proposal is decoupled from EMURGO’s TOKEN2049 sponsorship proposal. \n* Budget is reduced by 22% or $550,000 while retaining the tier-one experience to showcase a L1 blockchain like Cardano, achieved through reduction from three stages to two which lowers production, tech and onsite logistics costs. \n* Increased the CF’s estimated internal resource contributions to $380,000 from $250,000 to reduce external vendor costs.\n\nWe thank the community for their honest feedback and we respect the budgetary concerns given the current bear market. Feedback was consistently positive about the Summit’s strategic vision and value. We understand the broad consensus is that a reduced budget Singapore Summit should happen without sacrificing quality or reputation. We continue to believe this proposal will bring important benefits to Cardano.\n\n2026 is a pivotal year for accelerating Cardano’s adoption. Cardano has increased its interoperability and institutional readiness (USDCx, Pyth, Dune, CME Group, LayerZero). Aligned to the strategy, the Summit provides the perfect stage to spotlight this and to bridge the gap across technical integrations and enterprise/institutional execution. Interest in the Cardano Summit from institutions, enterprises, and media has steadily increased reaching its highest level in 2025/26.\n\n**This proposal outlines a strategic high-impact Cardano Summit 2026 to be executed in Singapore October 5 and 6th, 2026 with a 22% reduced budget.**\n\nThe Foundation is requesting a total of 7,800,000 ada based on a $0.25 assumed ada value for a $1,950,000 USD budget:\n\nThis request is linked to adoption and impact targets: 250 enterprise MQLs, 50 strategic meetings within 45 days post-event, 10 live demos/technical workshops, 200 developer participants, and 30 hackathon submissions/applications. These targets are captured in the KPI framework.\n\nProposal Specifics and Budget Breakdown below for further details on the budget and administration process. Reductions are detailed in Section 4. Key Performance Indicators are included in Section 6.\n\nThe full concept [here](https://ipnso-com.ipns.dweb.link/?cid=QmRq89up4U5qsSSQYNY7Z48R4XWH8npwf3wx6ZPGUPTxC6)", "motivation": "**Cardano Summit 2026 moves to Singapore because it aligns with the overall Cardano 2030 Vision and Strategy and fully supports it.** \n\nCardano’s next phase of adoption must be shaped where enterprise, institutional, regulatory, and developer audiences already converge. Building on the momentum of the Cardano Summit 2025 (https://www.youtube.com/watch?v=wFmKTQIs7dM), including the global visibility generated through the flagship event, the Singapore edition is designed to expand Cardano’s reach beyond its existing ecosystem, strengthen its position in Asia, and place the community directly alongside the institutions and partners shaping the future of blockchain infrastructure.\n\nIntentionally built as a high-quality, two-day event that appeals to both builders and industry, this will deliver a strategic intersection where ecosystem builders and enterprise decision-makers meet. \n\n**By dedicating the first day to growing the capacity of our ecosystem and the second to industry, DeFi, retail, and regulatory partners and collaborators, Cardano Summit 2026 will provide the venue for builders, enterprises, institutions and regulators to meaningfully meet, connect, build lasting partnerships driving towards the future of blockchain.**\n\nThe Summit places Cardano in front of financial institutions, asset managers, enterprises, and regulators evaluating blockchain infrastructure. The Summit will be optimized for audience targeting, speaker quality, and the agenda. Post-event engagement will be tracked through a structured follow-up process, covering qualified leads, strategic meetings, technical demonstrations, active enterprise discussions, and potential integration opportunities. This ensures the Summit is measured not only by attendance, but by the quality of adoption pathways created after the event. \n\nHosting Cardano Summit 2026 in Singapore immediately before TOKEN2049 is a deliberate audience strategy. It places Cardano in one of the world’s most active financial and digital asset hubs at the moment when senior leaders from finance, technology, regulation, venture, and blockchain infrastructure are already in the market. This timing improves the Summit’s ability to attract relevant speakers, sponsors, media, partners, and decision-makers while preserving a standalone Cardano identity. \n\nThe objective is not simply to increase attendance, but to convert audience concentration into qualified relationships, enterprise conversations, ecosystem visibility, and measurable post-event outcomes.\n\nThis proposal is being submitted outside of the Intersect budget process due to critical timing constraints, as payments made through this process are projected to be made in August or September at the earliest, which is unworkable for 2026 events. Waiting for this process would mean missing the crucial opportunity to build upon the Summit momentum generated in 2025.\n\nEvents at the scale of the Summit typically require at least 12 months of advance planning. Given that the event is scheduled for October 2026, an August/September withdrawal is not feasible. \n\nTo demonstrate our commitment to a successful Summit 2026, Cardano Foundation secured the 2026 location with the revenue from Summit 2025 and has already begun working on the event, using its own teams and resources. Immediately following the Cardano Africa Tech Summit in February 2026, CF initiated team alignment and started preparing the concept, agenda, website, and sponsor packages, as well as engaging the first speakers and moderators. \n\n**Why has the Cardano Summit budget increased from the USD 1,500,000 (before ticket sales and sponsorships) projected last year to approximately USD 2,263,000 (before ticket sales and sponsorships)?**\n\nIn 2025, we assumed a USD 1.2M budget for the Cardano Summit 2026, which would be supplemented by the previous year's revenue. Our intention was to continue to operate with a similar scope and in a similar market environment to Berlin. The following ecosystem developments were the drivers of the change of strategy/location: \n \n\n* **The “Cardano 2030 strategic vision”**, as voted on by the DReps, focuses on DeFi among other verticals and aligns better with a global event presence for blockchain and finance. \n \n* **Cardano Critical Integrations** such as USDCx and LayerZero interoperability demand institutional visibility for a solid ROI. The same holds for other positive developments such as the conjunction of Cardano and AI agents, the rollout of CIP113 for tokenization, the progress on bitcoin bridging, ETFs, etc. \n \n* Singapore is a **global financial center** that attracts major industries and investors, and this location firmly positions Cardano in front of international banks, asset managers, and regulators.\n\nThis event is timed to capitalize on TOKEN2049, the ecosystem gain direct access to a pre-qualified institutional target audience and further align with several positive ecosystem developments started in 2025.\n\nHosting outside this window forfeits access to thousands of pre-qualified institutional participants already present for TOKEN2049, requiring significantly higher attendee acquisition spend elsewhere.\n\n### **Mission and Vision**\n\n**Mission**: To position Cardano as the undisputed enterprise-grade blockchain solution by converging the global crypto ecosystem with Asia’s premier financial hub. We will leverage the global reach of the TOKEN2049 event to forge alliances between Web3 builders, institutional capital, and enterprise executives on a global scale and present at the event.\n\n**Vision:** A high-impact, two-day operational showcase that bridges the gap between decentralized governance, institutional finance, and enterprise adoption.\n\n* **Day 1 (Cardano Summit 2026 - Ecosystem Day):** A program built around the people shaping Cardano’s next chapter: the community, builders, DReps, developers, and ecosystem leaders. From governance and committee sessions to the Layer Up hackathon final, Battle of the Builders, technical workshops, masterclasses, ecosystem deep dives, and the DARTE roundtable, Ecosystem Day will show Cardano’s vibrancy through participation, utility, and real-world progress. Open to all crypto native ecosystems - not just Cardano, to encourage builders and governance discussions evolvement.\n\n* **Day 2 (Cardano Summit 2026 - Industry Day):** A focused program for enterprise, institutional, and regulatory audiences. Industry Day will examine where Cardano can support real-world adoption across tokenisation, stablecoins, interoperability, AI, digital identity, auditability, and trusted data. Through keynotes, panels, demonstrations, and targeted meetings, the day is designed to convert market interest into qualified conversations, partnership opportunities, and post-event follow-up**.** \n\n**Following discussion and feedback from across the Cardano community, the Cardano Foundation has revised the proposal, reducing the requested budget and narrowing the scope of the Summit without sacrificing quality.**", "rationale": "1. ### **Key Benefits**\n\nThe economic landscape in 2026 sees the converging of four market-reshaping shifts that will determine which infrastructure enterprises adopt for the next decade:\n\n1. Tokenized real-world assets reach $26.4 billion on-chain, up fourfold year on year, with McKinsey projecting $4 trillion by 2030. \n2. Agentic commerce becomes a $3 to $5 trillion category, with 140 million agent payments already settled in the first nine months of 2025. \n3. EU MiCA enforcement and the Digital Product Passport registry both go live in July, requiring verifiable records and licensed providers across the bloc. \n4. Cardano is advancing identity and verification infrastructure that enables selective disclosure, trusted credentials, and privacy-conscious enterprise adoption without requiring businesses to expose sensitive data unnecessarily\n\nThese shifts directly inform the Summit’s agenda and targeted audience, ensuring alignment between market demand and Cardano’s positioning.\n\nCardano has live proof points across each shift: SPAR, MembersCap, Masumi, Serviceplan, NMKR, Petrobras, Würth, Syngenta, Grant Thornton and more.\n\nThe Summit places Cardano in the room where enterprise and institutional decisions are made. Held later, the decisions are already taken.\n\nAmong the key benefits for the Cardano Ecosystem with this proposal, we are looking to: \n\n**Capitalize on TOKEN2049:** Leverage the presence of 25,000+ global crypto attendees in Singapore to maximize B2B networking and institutional exposure without bearing the cost of flying them in. Additionally, the cancellation of TOKEN2049’s other flagship event in Dubai this year is likely to increase demand for tickets in Singapore. \n\n**Focus on ROI and Reach:** A focused, 2-day, high-yield gathering attached to one of the largest events for the industry to optimize treasury spend for the largest reach.\n\n**Institutional Liquidity & Partnership:** Direct access to the \"Investment/Stablecoin\" audience gathered for TOKEN2049, addressing the need for deeper DeFi liquidity and stablecoin integration on Cardano.\n\n**Real-World Adoption:** Showcasing high-value blockchain solutions to tech giants and financial hubs, moving beyond theory to actual implementation (e.g., finance, supply chain, AI, identity).\n\n**Governance & Community Cohesion:** Dedicating Day 1 of the Cardano Summit to \"Governance\" and \"Battle of the Builders\" ensures the community retains ownership.\n\n![][image1]\n\n2. ### **Why host the Summit in Singapore?**\n\nSingapore provides a strong strategic context for Cardano Summit 2026. It combines regulated digital asset activity, institutional engagement in tokenisation, and access to Asia’s enterprise and developer markets. By October 2026, this context creates a timely setting for Cardano to present its infrastructure, ecosystem progress, and real-world use cases to audiences actively

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