This treasury withdrawal funds Input Output Research (IOR): Cardano Vision - Work Program 2025 which will provide the following services:

The IOR proposal for Work Program 2025 consists of 20 research streams and 6 technology validation streams from Cardano Vision, a five-year program consisting of 34 research streams across 9 thematic focus areas. Over a five-year period, this funnel approach is expected to generate over 100 high-quality research outputs and provide the foundation for 30 or more technology validation streams, to be implemented into Cardano's Testnet and Mainnet by engineers and developers from the Cardano community.

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info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.

Note: This withdrawal request has been reduced on request by the Vendor from the Budget Info Action approved ₳26,848,000 to ₳26,840,000.