This treasury withdrawal funds OpShin - Python Smart Contracts for Cardano which will provide the following services:

This is OpShin: a toolchain that lets developers construct Cardano smart contracts in Python. The toolchain comprises several projects that aim to facilitate the development of Smart Contracts and dApps on Cardano. They are largely based on Python, or integrate well with it for maximal accessibility. On top of accessibility, OpShin ensures low transaction cost compared to PlutusTx.

At the time of writing, Python is the second-most used language on GitHub, with 14.75% of the active userbase working with Python, and enjoys a 22.5% year-over-year increase in users; this is driven in part by its utility in data science and machine learning.

Everyone who knows Python can leverage the toolstack available for Python development to build on Cardano; and that is a lot of people, with a lot of tools.

OpShin enforces strict typing on the high-level programming: it implements a type system on top of Python type hints. However, all traces of typing are erased during compilation, for a maximum efficiency program. OpShin beats many programming languages when taken to the test for real use-cases.

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info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.