Treasury Withdrawal Proposal
By: Cardano Foundation & EMURGO

This Proposal as a PDF:
https://ipnso-com.ipns.dweb.link/?cid=QmQc5zt319nHtseyj4vVKkm4PFCHS7To3WCs6pH3SGgrxq

This proposal outlines a high-impact, effective, dual-event strategy to be executed in Singapore from October 5–8, 2026. This strategy is designed to maximize budget efficiency by co-locating two key events to maximize the reach of Cardano and its ecosystem:

1. The Cardano Summit 2026: A two-day dedicated event hosted by the Cardano Foundation, providing a showcase for Cardano's community innovation and technology, enterprise applications, institutional use cases, regulatory roundtables, and governance maturity. Interest in the Cardano Summit, from both media and enterprise, has steadily increased since its inception, reaching its highest level in 2025/2026.

2. Cardano Premier Title Sponsorship at TOKEN2049: The world's largest blockchain summit with over 25,000 attendees. The package includes a large-format exhibition booth in a premium traffic zone, a historic first-ever mainstage keynote— exclusive to title sponsors — on-site media interviews, and a dedicated ecosystem showcase from the top 20 projects on Cardano. This sponsorship will be fully managed by EMURGO.

The Cardano Foundation and EMURGO teams are requesting a total of 14,076,539 ada ($3,659,900 USD):

1. 9,615,385 ada (USD 2,500,000) for the 2026 Cardano Summit managed by the Cardano Foundation
2. 4,461,154 ada (USD 1,159,900) for a “Title” TOKEN2049 Sponsorship managed by EMURGO

Based on the current value of ada at 0.26 to the US Dollar (at the time of writing), this translates into 14,076,539 ada.

Please see the Proposal Specifics and Budget Breakdown below for further details on the budget and administration process. Key Performance Indicators are included in Section 7 below.

This 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.

The full concept and slide deck can be found here:
https://ipnso-com.ipns.dweb.link/?cid=QmaF8tt7prMb41TqSfN9GSJhM5PcWXVuD7uxYBDjecjaDX