OnchainCommunity & Eventsonchain
Revised Cardano Summit 2026 Singapore
Cardano Foundation
Revised 22% reduced Cardano Summit 2026 Singapore, October 5–6, immediately before TOKEN2049 (Oct 7–8). Two days: Ecosystem Day (builders, DReps, governance, hackathon) and Industry Day (enterprise, institutional, regulatory). Decoupled from EMURGO's TOKEN2049 sponsorship. 1,200 attendees target, 250 enterprise MQLs, 50 strategic meetings within 45 days.
⚑ Red flags (1)
- Competes with other proposals in this batch: hydra-serviceplan-marketing-demand-engine.
Ask (ADA)
7,800,000
Ask (USD)
$1,950,000
Peg
$0.25
Eff. ADA @ spot
7,369,615
Peg vs market
✓ conservative
Scorecard
13 of 19 criteria answered
Amber · 82%· 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 68% (13 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 (self_with_oversight)
{
"schema_version": "1.2.0",
"id": "onchain-cardano-summit-2026-singapore-v2",
"ingestion": {
"ingested_at": "2026-05-11T16:50:00Z",
"ingested_by": "claude-opus-4.7",
"source_documents": [
"https://www.cardanocube.com/governance/gov_actions/gov_action10dp9wzmgt2nqshyrghufff4sfhcxedhmzluly5k0azguatnsthwqqs84cjf",
"https://ipnso-com.ipns.dweb.link/?cid=QmagzPnHcrRPC5MKpp3fHSJjz7xbTzEmfQq8Z697suYjq2"
],
"extraction_notes": "This is the REVISED (v2) Cardano Summit 2026 proposal — same content as the earlier corpus entry (onchain-cardano-summit-2026-singapore) but submitted as a new on-chain governance action after the community feedback process. Yes 1.4B ADA — by far the highest Yes in the entire corpus. Different tx hash from the IO batch (7b42570b...). The earlier v1 Summit proposal should be marked as superseded by this one. Budget, content, and structure are identical to the existing JSON — only the on-chain governance action ID and live vote tallies differ. Marked admin_model as self_with_oversight since CF self-administers via Sundae Labs treasury contracts."
},
"source": {
"channels": [
"onchain"
],
"hydra_id": null,
"onchain_tx_hash": "7b42570b685aa6085c8345f894a6b04df06cb6fb17f9f252cfe891ceae705ddc",
"onchain_action_id": "gov_action10dp9wzmgt2nqshyrghufff4sfhcxedhmzluly5k0azguatnsthwqqs84cjf"
},
"identity": {
"title": "Revised Cardano Summit 2026 Singapore",
"proposer_name": "Cardano Foundation",
"proposer_id": "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 + external vendors. Internal resource contribution estimated $380,000 (up from $250,000 in prior version)."
},
"classification": {
"official_pillar_primary": [
"Adoption & Utility"
],
"official_pillar_secondary": [
"Community & Ecosystem Growth"
],
"official_pillar_confidence": "inferred",
"working_category_suggestion": "Community & Events",
"working_category_confidence": "high",
"tags": [
"summit",
"event",
"singapore",
"enterprise",
"institutional",
"token2049",
"marketing",
"community",
"ecosystem-day",
"industry-day",
"cardano-foundation",
"revised"
]
},
"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. Milestones: M1 6,240,000 ADA (80%, kickoff on approval), M2 1,560,000 ADA (20%, post-event delivery).",
"usd_amount": 1950000,
"usd_peg_price": 0.25,
"pegged": true,
"currency_basis": "usd_pegged",
"usd_peg_vs_market": "conservative",
"implied_buffer_pct": -12,
"duration_months": 6,
"milestone_count": 2,
"milestone_payments_disclosed": true,
"milestone_schedule_disclosed": "amounts_only",
"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. 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,
"mechanisms": [
{
"type": "unspent_funds",
"trigger": "Event cancellation before vendor payments OR successful execution under budget",
"deadline": "Within 6 months of event",
"excluded_costs": [
"Vendor preparation costs incurred before cancellation"
],
"estimated_return_pct": null,
"estimated_return_pct_note": null
},
{
"type": "price_peg_surplus",
"trigger": "ADA price appreciation between submission and event",
"deadline": "Within 6 months of event",
"excluded_costs": [],
"estimated_return_pct": null,
"estimated_return_pct_note": "Surplus only — does not include event revenue, which is ring-fenced for Summit 2027"
}
],
"treasury_favourability": "strong",
"treasury_favourability_confidence": "high",
"treasury_favourability_note": "Three concrete return triggers: cancellation, under-budget execution, and price-peg surplus. Most comprehensive return clause in the corpus. Event revenue (~$450K target) ring-fenced for Summit 2027 — not returned.",
"treasury_favourability_set_by": "ai",
"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."
},
"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": "2026-05-11T16:50:00Z"
},
"links": {
"hydra_url": null,
"adastat_url": null,
"ipfs_cid": "QmagzPnHcrRPC5MKpp3fHSJjz7xbTzEmfQq8Z697suYjq2",
"ipfs_gateway_url": "https://ipnso-com.ipns.dweb.link/?cid=QmagzPnHcrRPC5MKpp3fHSJjz7xbTzEmfQq8Z697suYjq2",
"github_url": null,
"website_url": "https://cardanofoundation.org",
"forum_thread_url": null,
"other": [
{
"label": "Summit 2026 concept",
"url": "https://ipnso-com.ipns.dweb.link/?cid=QmRq89up4U5qsSSQYNY7Z48R4XWH8npwf3wx6ZPGUPTxC6"
},
{
"label": "KPI and Smart Contract Dashboard",
"url": "https://treasurywithdrawals.cardanofoundation.org/"
},
{
"label": "Cardano Foundation on-chain treasury contracts (Sundae Labs)",
"url": "https://github.com/SundaeSwap-finance/treasury-contracts"
}
]
},
"content": {
"abstract": "Revised 22% reduced Cardano Summit 2026 Singapore, October 5–6, immediately before TOKEN2049 (Oct 7–8). Two days: Ecosystem Day (builders, DReps, governance, hackathon) and Industry Day (enterprise, institutional, regulatory). Decoupled from EMURGO's TOKEN2049 sponsorship. 1,200 attendees target, 250 enterprise MQLs, 50 strategic meetings within 45 days.",
"problem_statement": "Cardano's 2026 institutional and enterprise readiness (USDCx, LayerZero, Pyth, CME ADA Futures, Grant Thornton on-chain audit) needs a flagship stage for visibility. Singapore is the only major financial center with Project Guardian (40+ tier-1 institutions), DTSP licensing, and single-currency stablecoin framework active — all in Oct 2026.",
"proposed_solution": "Two-day event co-located with TOKEN2049 in Singapore. Day 1 Ecosystem Day: governance sessions, Battle of the Builders, hackathon, workshops. Day 2 Industry Day: keynotes on enterprise/institutional blockchain infrastructure, product demos, 1:1 meetings, Summit Awards. Sundae Labs treasury smart contracts for on-chain administration with DQuadrant/Intersect/NMKR/Sundae Labs oversight committee.",
"deliverables": [
"Two-day Summit in Singapore (Oct 5–6, 2026)",
"1,200 total attendees",
"250 enterprise MQLs",
"50 strategic meetings within 45 days post-event",
"10 live demos / technical workshops",
"200 developer participants",
"30 hackathon submissions / applications",
"6 governance sessions",
"Public KPI dashboard at treasurywithdrawals.cardanofoundation.org",
"Grant Thornton additional assurance engagement"
],
"milestones": [
{
"name": "Milestone 1 — Kickoff",
"deliverable": "Available for withdrawal upon governance action approval — enables vendor deposits",
"ada_release": 6240000,
"deadline": null
},
{
"name": "Milestone 2 — Post-event",
"deliverable": "Final payment after event delivery — proof uploaded to KPI dashboard",
"ada_release": 1560000,
"deadline": "2026-11-30"
}
],
"team": [],
"risks_disclosed": [
"ADA price volatility — current ADA price used; appreciation surplus returned within 6 months",
"Geopolitical conflict — may impact Singapore travel or schedule; cancellation triggers refund less preparation costs",
"Execution timeline — DRep approval needed; 6 months minimum lead time"
]
},
"metadata": {
"open_source": "no",
"open_source_url": null,
"has_prior_funding": true,
"prior_funding_sources": [
"2025 Treasury Withdrawal — 'Cardano Summit 2025 and regional tech events'",
"2025 Treasury Withdrawal — 'Unveiling the First Unified Global Events Marketing Strategy for Cardano'"
],
"has_prior_delivery": true,
"prior_delivery_evidence": "Four consecutive Cardano Summits delivered 2022–2025. Summit 2025 Berlin generated $313K revenue (being applied as offset). 2025 financials audited by Grant Thornton with first-ever on-chain attestation via Reeve platform. Prior funding tracker at treasurywithdrawals.cardanofoundation.org.",
"admin_model": "self_with_oversight",
"administrator_name": "Cardano Foundation",
"oversight_committee": [
"DQuadrant",
"Intersect",
"NMKR",
"Sundae Labs"
],
"administration_fee_pct": null,
"duplicate_of_existing_solution": {
"value": "no",
"confidence": "high",
"set_by": "ai"
},
"duplicate_notes": "The canonical Cardano Foundation flagship Summit. Decoupled from EMURGO TOKEN2049 sponsorship (separate proposal). This v2 supersedes the prior on-chain version. May compete with Serviceplan Group marketing proposal (in corpus) on enterprise audience targeting."
},
"relationships": {
"bundle_with": [],
"supersedes": [
"onchain-cardano-summit-2026-singapore"
],
"competes_with": [
"hydra-serviceplan-marketing-demand-engine"
],
"depends_on": [],
"notes": "This revised proposal supersedes the earlier Summit 2026 v1 proposal. Community feedback resulted in 22% budget reduction and decoupling from EMURGO TOKEN2049. Decoupled EMURGO TOKEN2049 sponsorship proposal is a sibling that should be in the corpus separately."
},
"community_signals": {
"comment_count": 0,
"notable_objections": [],
"notable_endorsements": [],
"forum_thread_urls": [],
"live_voting_state": {
"as_of": "2026-05-11",
"drep_yes_ada": 1400000000,
"drep_no_ada": 4190000000,
"drep_explicit_no_ada": 300010000,
"drep_no_confidence_ada": 200800000,
"drep_not_voted_ada": 3690000000,
"drep_total_active_stake_ada": 14960000000,
"cc_yes": 1,
"cc_no": 0,
"cc_not_voted": 6,
"interpretation": "FAILING but HIGHEST YES IN ENTIRE CORPUS by far (1.4B ADA). CF directly addresses the community feedback that produced this revised proposal. Still failing due to Not Voted weight (3.69B). If the Not Voted bloc breaks toward Yes (many may be DReps who haven't engaged yet), this could tip. The large Yes pool suggests genuine community support; the question is mobilization."
}
},
"ecosystem_demand": {
"evidence_level": "strong",
"evidence_level_confidence": "high",
"evidence_level_set_by": "ai",
"active_users_known": true,
"active_users_examples": [
{
"name": "SPAR, MembersCap, Masumi, Serviceplan, NMKR, Petrobras, Würth, Syngenta, Grant Thornton (named proof points)",
"kind": "user",
"url": null
},
{
"name": "25,000+ TOKEN2049 delegates (pre-qualified institutional audience)",
"kind": "user",
"url": null
}
],
"developer_demand_signals": [
"Four consecutive successful summits; 2025 generated $313K revenue",
"CF secured the 2026 Singapore venue using Summit 2025 revenue — operational commitment pre-vote",
"CF initiated team alignment in February 2026 — already in flight",
"Institutional interest in Cardano Summit at highest ever level 2025/26 per CF statement",
"TOKEN2049 cancelled its Dubai edition — demand for Singapore is higher"
],
"adoption_risk_notes": "Demand is well-evidenced. The question is whether the event ROI justifies the ask. The 22% reduction and decoupling from EMURGO directly addressed community concerns."
},
"incumbents": {
"has_existing_solution": "no",
"has_existing_solution_confidence": "high",
"has_existing_solution_set_by": "ai",
"existing_solutions": [],
"differentiation_claim": "CF is the canonical organiser of the flagship Cardano Summit with a 4-year track record. No other entity has this institutional knowledge, relationships, or existing contracts.",
"differentiation_credibility": "high"
},
"risk_flags": {
"aggressive_peg": false,
"self_administered_no_oversight": false,
"incumbent_already_delivering": false,
"no_evidence_of_demand": false,
"competes_with_in_batch": true,
"concentration_risk": false,
"failing_live_vote": true
},
"risk_flags_note": "failing_live_vote: Yes 1.4B vs No 4.19B — highest Yes in corpus but still failing. competes_with_in_batch: Serviceplan Group marketing proposal (in corpus) targets overlapping enterprise/institutional audience.",
"_meta": {
"title": "Revised Cardano Summit 2026 Singapore",
"proposer": "Cardano Foundation"
}
}