OnchainCommunity & Eventsonchain
Cardano Summit 2026 (Singapore) — revised proposal
Cardano Foundation
A 22% reduced budget revised proposal for a two-day Cardano Summit in Singapore, October 5–6 2026, immediately before TOKEN2049 (Oct 7–8). Decoupled from EMURGO's TOKEN2049 sponsorship proposal. Reduced from three stages to two to lower production/tech/logistics costs. Day 1 Ecosystem Day (builders, DReps, governance, hackathon). Day 2 Industry Day (enterprise, institutional, regulatory). Targeting 1,200 attendees, 250 enterprise MQLs, 50 strategic meetings within 45 days post-event.
Ask (ADA)
7,800,000
Ask (USD)
$1,950,000
Peg
$0.25
Eff. ADA @ spot
7,369,615
Peg vs market
—
Scorecard
7 of 19 criteria answered
Amber · 84%· pending review
How this score works
Each criterion is worth between 1 and 4 points. The score is the points earned out of the points on criteria that have been answered — shown as a percentage. Green is 75% or higher, Amber is 50–74%, and Red is below 50%.
Some criteria are checked automatically against the proposal data (open source, doxxed team, treasury return clauses, etc.). Others are human-judgment calls — value for money, public good, whether the deliverables are realistic. Those stay blank until a DRep ticks them.
Criteria can also be marked Not applicablewhen they don't fit the proposal — for example, "open source" doesn't apply to a DAO governance proposal with no software output. Those are excluded from the score entirely, neither helping nor hurting.
Green requires 80% coverage. If less than 80% of the applicable criteria (by points) have been answered, the verdict stays at Amber — "pending review" — even when every answered criterion passes. This proposal's coverage is currently 38% (7 of 19 applicable criteria answered). The auto-calculated band would have been Green, but coverage is below the threshold so the verdict is shown as Amber to flag that judgment criteria are still pending.
Vote intent
Export & audit
↓ Download scorecard.mdRaw payload · Treasury (true) / Admin (—)
{
"schema_version": "1.0.0",
"id": "onchain-cardano-summit-2026-singapore",
"ingestion": {
"ingested_at": "2026-05-11T14:30:00Z",
"ingested_by": "claude-opus-4.7",
"source_documents": [
"Proposal text (pasted) — on-chain governance action format with constitutional self-assessment, Sundae Labs treasury contract administration, NCL compliance section. Revised v2 proposal (22% reduced from prior submission)."
],
"extraction_notes": "On-chain proposal (not Hydra) — submitted directly via governance action, explicitly bypassing Intersect budget process due to timing constraints (events require ~12 months lead time). Pillars not explicitly mapped to the 2030 framework like Hydra proposals do; treated 'Adoption & Utility' as inferred primary based on enterprise/institutional framing. Budget shows USD 1,950,000 net of $313K Summit 2025 revenue offset (gross $2,263,000). Two milestones: M1 80% (deposits/vendors), M2 20% (post-event final). NCL section explicitly states 7.8M ADA is within remaining 282.158M ADA balance. Has Oversight Committee (DQuadrant, Intersect, NMKR, Sundae Labs). Price-peg surplus return clause exists (within 6 months of event)."
},
"source": {
"channels": [
"onchain"
],
"hydra_id": null,
"onchain_tx_hash": null,
"onchain_action_id": null
},
"identity": {
"title": "Cardano Summit 2026 (Singapore) — revised proposal",
"proposer_name": "Cardano Foundation",
"proposer_type": "organisation",
"proposer_url": "https://cardanofoundation.org",
"doxxed": true,
"primary_contact": null,
"team_size_disclosed": null,
"team_size_disclosed_note": "CF internal team plus external vendors. Internal contribution estimated $380,000 (up from $250,000 in prior version). External project management and delivery $150,000."
},
"classification": {
"official_pillar": "Adoption & Utility",
"official_pillar_confidence": "inferred",
"working_category_suggestion": "Community & Events",
"working_category_confidence": "high",
"tags": [
"summit",
"event",
"singapore",
"enterprise",
"institutional",
"token2049",
"marketing",
"regional-event",
"asia",
"cardano-foundation"
]
},
"ask": {
"ada_amount": 7800000,
"ada_amount_note": "Revised down 22% from prior submission ($550K reduction). Net ask after $313K Summit 2025 revenue offset against $2,263,000 gross budget = $1,950,000. ADA peg $0.25.",
"usd_amount": 1950000,
"usd_peg_price": 0.25,
"pegged": true,
"currency_basis": "usd_pegged",
"duration_months": 12,
"milestone_count": 2,
"milestone_payments_disclosed": true,
"raw_ask_text": "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. SUBTOTAL = USD 2,263,000. Deduct USD 313,000 in revenue from the Summit 2025. TOTAL WITHDRAWAL REQUEST = USD 1,950,000 ; 7,800,000 ADA. Milestone 1: 6,240,000 ada / USD 1,560,000 (kickoff). Milestone 2: 1,560,000 ada / USD 390,000 (post-event delivery)."
},
"treasury_return": {
"has_return_clause": true,
"types": [
"price_peg_surplus",
"unspent_funds"
],
"expected_return_pct": null,
"expected_return_pct_note": "Three return triggers: (1) cancellation before vendor payments due — balance returned; (2) successful execution under budget — unspent ADA returned within 6 months; (3) ADA price appreciation surplus — returned within 6 months. Revenue from the event (target $450K, ticket sales + sponsorships) is explicitly NOT returned — ring-fenced for Summit 2027.",
"raw_return_text": "Circumstances under which the withdrawal or a portion thereof might be refunded to the Cardano Treasury include: 1) The cancellation of the Cardano Summit 2026 before vendor payments are due, with the balance after payments to be returned to the Treasury, 2) The event is executed successfully but total expenses fall under the requested amount, in which case unspent ada will be returned to the Treasury within 6 months of the events taking place, or 3) Due to ada price appreciation, there is a profit on withdrawn ada, which will be refunded to the Treasury within 6 months of the events taking place. This does not include revenue, which like in 2025, will be applied to secure 2027 events."
},
"lifecycle": {
"pipeline_state": "onchain_live",
"hydra_submitted_at": null,
"hydra_close_at": null,
"hydra_support_pct": null,
"onchain_submitted_at": null,
"onchain_vote_close_at": null,
"onchain_result": null,
"status_last_checked_at": "2026-05-11T14:30:00Z"
},
"links": {
"hydra_url": null,
"adastat_url": null,
"ipfs_cid": null,
"ipfs_gateway_url": null,
"github_url": null,
"website_url": "https://cardanofoundation.org",
"forum_thread_url": null,
"other": [
{
"label": "This proposal as PDF",
"url": null
},
{
"label": "2026 Event Concept Proposal",
"url": null
},
{
"label": "KPI and Smart Contract Dashboard",
"url": "https://treasurywithdrawals.cardanofoundation.org/"
},
{
"label": "2025 Financial Insights and Activity Report",
"url": "https://cardanofoundation.org/activity-financial-insights-report-2025.pdf"
},
{
"label": "2025 Cardano Summit Results Blog",
"url": "https://cardanofoundation.org/blog/cardano-summit-2025-journey-and-results"
},
{
"label": "Sundae Labs Treasury Contracts",
"url": "https://github.com/SundaeSwap-finance/treasury-contracts"
}
]
},
"content": {
"abstract": "A 22% reduced budget revised proposal for a two-day Cardano Summit in Singapore, October 5–6 2026, immediately before TOKEN2049 (Oct 7–8). Decoupled from EMURGO's TOKEN2049 sponsorship proposal. Reduced from three stages to two to lower production/tech/logistics costs. Day 1 Ecosystem Day (builders, DReps, governance, hackathon). Day 2 Industry Day (enterprise, institutional, regulatory). Targeting 1,200 attendees, 250 enterprise MQLs, 50 strategic meetings within 45 days post-event.",
"problem_statement": "2026 is a pivotal year for accelerating Cardano's adoption — increased interoperability and institutional readiness (USDCx, Pyth, Dune, CME Group, LayerZero) need an enterprise-facing stage. Cardano's next phase of adoption must be shaped where enterprise, institutional, regulatory, and developer audiences already converge. TOKEN2049 brings 25,000+ delegates to Singapore — co-locating the Summit captures pre-qualified institutional traffic without bearing acquisition cost.",
"proposed_solution": "Singapore as host city based on regulatory clarity (Project Guardian, DTSP licensing in force, single-currency stablecoin framework mid-2026), institutional density, and proximity to TOKEN2049. Day 1: governance & committees, workshops, Battle of the Builders, Layer Up hackathon final, ecosystem deep dives, DARTE roundtable, welcome reception. Day 2: keynotes & panels on enterprise adoption, infrastructure/AI/trust, investment/stablecoin/exchanges, product demos, 1:1 meetings, Summit Awards & Dinner.",
"deliverables": [
"Two-day Summit in Singapore (Oct 5–6, 2026)",
"Two stages (main + builders), reduced from three in prior version",
"1,200 total attendees target (700 senior decision-makers)",
"250 enterprise marketing-qualified leads",
"50 strategic meetings within 45 days post-event",
"10 live demos / technical workshops",
"200 developer participants",
"30 hackathon submissions / applications",
"6 governance sessions",
"10 builders in Battle of the Builders",
"On-chain treasury smart contract administration (Sundae Labs framework)",
"Oversight Committee: DQuadrant, Intersect, NMKR, Sundae Labs",
"Public dashboard at treasurywithdrawals.cardanofoundation.org",
"Grant Thornton additional assurance engagement",
"On-chain attestation via Reeve platform (continuation of 2025 practice)"
],
"milestones": [
{
"name": "Milestone 1 (kickoff)",
"deliverable": "Available for withdrawal upon governance action approval — enables vendor engagement and deposits",
"ada_release": 6240000,
"deadline": null
},
{
"name": "Milestone 2 (post-event)",
"deliverable": "Final payment after event delivery — proof of delivery + updated budget report uploaded to dashboard",
"ada_release": 1560000,
"deadline": null
}
],
"team": [],
"risks_disclosed": [
"ADA price volatility — current ADA price used; price appreciation surplus returns to treasury within 6 months",
"Geopolitical conflict — may impact Singapore travel, costs, or schedule; cancellation triggers refund less preparation costs",
"Execution timeline — successful execution depends on timely DRep approval; 6 months minimum lead time required",
"Active community engagement — both speaking roles and attendance are non-negotiable dependencies"
]
},
"metadata": {
"open_source": "no",
"open_source_url": null,
"has_prior_funding": true,
"prior_funding_sources": [
"2025 Treasury Withdrawal — 'Unveiling the First Unified Global Events Marketing Strategy for Cardano' (ongoing through 2026 events)",
"2025 Treasury Withdrawal — 'Cardano Summit 2025 and regional tech events'"
],
"has_prior_delivery": true,
"prior_delivery_evidence": "Four consecutive Cardano Summits delivered (2022–2025). Cardano Summit 2025 in Berlin successful per CF blog. Summit 2025 generated $313K revenue (being applied as offset against Summit 2026 budget). Cardano Africa Tech Summit February 2026 delivered. 2025 financial statements audited by Grant Thornton + on-chain attestation via Reeve platform. Cardano Foundation has ongoing direct administration capability + treasury contract experience.",
"is_administered_by_intersect": false,
"administration_fee_pct": null,
"duplicate_of_existing_solution": "no",
"duplicate_notes": "This is the canonical Cardano Foundation flagship Summit — no equivalent at this scale. Decoupled from EMURGO's TOKEN2049 sponsorship proposal (separate ask). CF self-administers via Sundae Labs treasury contracts with external Oversight Committee — different model than the Intersect-administered Hydra proposals."
},
"_meta": {
"title": "Cardano Summit 2026 (Singapore) — revised proposal",
"proposer": "Cardano Foundation"
}
}