This proposal as PDF.

This is a revised and 22% reduced budget treasury withdrawal proposal for the Cardano Summit 2026 in Singapore. Following extensive discussions with the community the Foundation has revised the proposal as follows:

• This proposal is decoupled from EMURGO’s TOKEN2049 sponsorship proposal.
• 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.
• Increased the CF’s estimated internal resource contributions to $380,000 from $250,000 to reduce external vendor costs.

We 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.

2026 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.

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.

The 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:

This 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.

Proposal 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.

The full concept here