This treasury withdrawal funds Scalus - DApps Development Platform which will provide the following services:

Developing DApps on Cardano shouldn't require juggling multiple languages, libraries and frameworks.

Scalus changes this by bringing the power of Scala 3 to the Cardano ecosystem, letting you write smart contracts, build transactions, and application layers --- all with the same language and familiar tools.

It supports the complete development flow - setup, development, testing, debugging and deployment, backed by an industry-grade toolset and professional development experience.

Key benefits that make Scalus + Scala 3 stand out:

• Productivity boost at scale with Scala 3

• Reduced time-to-market - from prototyping to production in less time

• Deep pool of Scala/Java/Kotlin talent available on the market

Scalus is a Cardano DApps development platform made for professionals and businesses who want to get things done.

This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The following sections; Abstract, Motivation, Rationale and Vendor Profile have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.

This treasury withdrawal funds one of 39 proposals to give effect to the approved budget info action for ₳275,269,340, administered by Intersect via gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh. The information provided herein is intended to fulfill the spirit of the constitutional requirement for a treasury withdrawal info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.