OnchainCommunity & Eventsonchain
Cardano at TOKEN2049 Singapore 2026: Baseline 'Platinum' Sponsorship Proposal
EMURGO
Platinum sponsorship at TOKEN2049 Singapore (Oct 7-8 2026), securing Cardano's second-largest booth footprint at the world's premier crypto event. Decoupled from CF Summit after community feedback on original combined Title-tier proposal. 30 builder tickets, dedicated substage, curated builder showcase across 2 days for 25,000+ attendees. EMURGO acts as pass-through facilitator (Singapore HQ, multi-year TOKEN2049 partnership 2022-2025).
Ask (ADA)
3,303,750
Ask (USD)
$792,900
Peg
$0.24
Eff. ADA @ spot
2,996,599
Peg vs market
✓ conservative
Scorecard
13 of 19 criteria answered
Amber · 88%· 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 (intersect)
{
"schema_version": "1.2.0",
"id": "onchain-emurgo-token2049-platinum",
"ingestion": {
"ingested_at": "2026-05-11T17:00:00Z",
"ingested_by": "claude-opus-4.7",
"source_documents": [
"https://www.cardanocube.com/governance/gov_actions/gov_action18u8lpkzge2csxe3plynn9lh4agwtv3nrqkyfwalwj4ykjv7l68jqqzmul9z"
],
"extraction_notes": "EMURGO's standalone TOKEN2049 Platinum sponsorship — decoupled from the combined CF Summit + TOKEN2049 Title proposal that preceded it. Submitted Apr 30 2026, expires June 3 2026 (later window than all other proposals in this corpus which expire May 24). CC votes: 0 Yes, 7 not voted — first proposal with ZERO CC yes votes. Explicit No 347.14M — one of the highest in corpus. EMURGO describes its role as 'direct pass-through' for sponsorship costs. 15% EMURGO management/logistics/community fee = $97,485 ($97.5K) on a $769,806 spend. USD peg $0.24. NCL section references four prior enacted governance actions: Amaru (₳10.14M), Dingo (₳6.9M), DeFi Liquidity Budget Withdrawal 1 (₳800K), Orion Fund (₳50M) — new entities not previously seen in this corpus."
},
"source": {
"channels": [
"onchain"
],
"hydra_id": null,
"onchain_tx_hash": "3f0ff0d848cab1036621f92732fef5ea1cb6466305889777ee95496933dfd1e4",
"onchain_action_id": "gov_action18u8lpkzge2csxe3plynn9lh4agwtv3nrqkyfwalwj4ykjv7l68jqqzmul9z"
},
"identity": {
"title": "Cardano at TOKEN2049 Singapore 2026: Baseline 'Platinum' Sponsorship Proposal",
"proposer_name": "EMURGO",
"proposer_id": "emurgo",
"proposer_type": "organisation",
"proposer_url": null,
"doxxed": true,
"primary_contact": null,
"team_size_disclosed": null,
"team_size_disclosed_note": "EMURGO staff coordinating onsite; 15-20 builders onsite across 2 days with 30 dedicated tickets."
},
"classification": {
"official_pillar_primary": [
"Adoption & Utility",
"Community & Ecosystem Growth"
],
"official_pillar_secondary": [],
"official_pillar_confidence": "stated",
"working_category_suggestion": "Community & Events",
"working_category_confidence": "high",
"tags": [
"token2049",
"sponsorship",
"singapore",
"emurgo",
"booth",
"builder-showcase",
"institutional",
"marketing",
"platinum-tier"
]
},
"ask": {
"ada_amount": 3303750,
"ada_amount_note": "Platinum tier (down from Title). Breakdown: Platinum sponsorship $399,900, Booth build/logistics $250,000, EMURGO management/logistics/community 15% = $97,485, Compliance & Governance 3% = $22,421, Intersect admin 3% = $23,094. Total $792,900 / 3,303,750 ADA at $0.24.",
"usd_amount": 792900,
"usd_peg_price": 0.24,
"pegged": true,
"currency_basis": "usd_pegged",
"usd_peg_vs_market": "conservative",
"implied_buffer_pct": -8,
"duration_months": 6,
"milestone_count": 2,
"milestone_payments_disclosed": true,
"milestone_schedule_disclosed": "amounts_only",
"raw_ask_text": "This proposal requests 3,303,750 ada (equivalent to $792,900 USD, calculated at an estimated rate of $0.24 per ada). Milestone 1 (Kickoff): 2,808,187 ada / $673,965 — upon DRep approval. Milestone 2 (Delivery): 495,563 ada / $118,935 — after successful delivery."
},
"treasury_return": {
"has_return_clause": true,
"mechanisms": [
{
"type": "price_peg_surplus",
"trigger": "ADA price appreciates materially between proposal submission and event execution",
"deadline": "Within 6 months of event (October 7-8 2026)",
"excluded_costs": [],
"estimated_return_pct": null,
"estimated_return_pct_note": "Surplus above $769,806 campaign budget returned"
},
{
"type": "unspent_funds",
"trigger": "TOKEN2049 cancellation OR execution under budget",
"deadline": "Within 6 months of event",
"excluded_costs": [
"Unavoidable vendor commitments"
],
"estimated_return_pct": null,
"estimated_return_pct_note": null
}
],
"treasury_favourability": "moderate",
"treasury_favourability_confidence": "high",
"treasury_favourability_note": "Price-peg surplus return mechanism present (same pattern as CF Summit). EMURGO 15% management fee ($97.5K) is non-returnable as a pass-through coordination cost. Overall similar structure to CF Summit but smaller and with a commercial entity as pass-through.",
"treasury_favourability_set_by": "ai",
"raw_return_text": "Should the ada price appreciate materially between proposal submission and event execution, any resulting surplus will be returned to the Cardano Treasury within six months of the event."
},
"lifecycle": {
"pipeline_state": "onchain_live",
"hydra_submitted_at": null,
"hydra_close_at": null,
"hydra_support_pct": null,
"onchain_submitted_at": "2026-04-30T00:00:00Z",
"onchain_vote_close_at": "2026-06-03T00:00:00Z",
"onchain_result": null,
"status_last_checked_at": "2026-05-11T17:00:00Z"
},
"links": {
"hydra_url": null,
"adastat_url": null,
"ipfs_cid": null,
"ipfs_gateway_url": null,
"github_url": null,
"website_url": null,
"forum_thread_url": null,
"other": [
{
"label": "Presentation Slides IPFS",
"url": "ipfs://bafybeifabwregf6gmmv7hok3m3t2hpcx7vje3fa5dklkceodbmfuvvvldy"
},
{
"label": "TOKEN2049 Singapore 2026",
"url": "https://www.token2049.com/singapore"
},
{
"label": "Intersect Treasury Dashboard",
"url": "https://treasury.sundae.fi/instances/9e65e4ed7d6fd86fc4827d2b45da6d2c601fb920e8bfd794b8ecc619"
}
]
},
"content": {
"abstract": "Platinum sponsorship at TOKEN2049 Singapore (Oct 7-8 2026), securing Cardano's second-largest booth footprint at the world's premier crypto event. Decoupled from CF Summit after community feedback on original combined Title-tier proposal. 30 builder tickets, dedicated substage, curated builder showcase across 2 days for 25,000+ attendees. EMURGO acts as pass-through facilitator (Singapore HQ, multi-year TOKEN2049 partnership 2022-2025).",
"problem_statement": "TOKEN2049 Singapore co-located with CF Summit (Oct 5-6) presents a strategic window to capture institutional and enterprise audiences already in Singapore. Individual Cardano projects cannot economically secure premium positioning at this scale independently.",
"proposed_solution": "EMURGO secures Platinum tier (2nd largest booth, 108 sqm, branded WiFi, welcome bag insert, 20 tickets + 10 additional procured by EMURGO). Two-day program: Day 1 Unified Community Day (builder demos, lead scanning), Day 2 Builder Spotlight Day (deep engagement, Q&A panels, technical demos). Professional videography provided to all presenting projects.",
"deliverables": [
"Platinum sponsorship at TOKEN2049 Singapore Oct 7-8 2026",
"108 sqm booth with dedicated builder substage",
"30 total builder tickets (20 from Platinum + 10 procured by EMURGO)",
"Branded WiFi + Cardano booklet in welcome bags for all 25,000+ attendees",
"Two-day curated builder showcase (15-20 builders)",
"Lead scanning — target 1,950 contacts engaged at booth",
"Post-event full photography/videography package for each presenting project",
"20 strategic partnership initiations",
"200 Cardano wallet sign-ups, 200 Cardano Academy subscribers",
"Full post-event report within 60 days"
],
"milestones": [
{
"name": "Milestone 1 — Kickoff",
"deliverable": "Available upon DRep approval — enables EMURGO to secure sponsorship and deposits",
"ada_release": 2808187,
"deadline": null
},
{
"name": "Milestone 2 — Delivery",
"deliverable": "Released after successful delivery; proof of delivery and updated financial report published",
"ada_release": 495563,
"deadline": "2026-12-08"
}
],
"team": [],
"risks_disclosed": [
"ADA price volatility — $0.24 conservative rate used; price appreciation surplus returned",
"TOKEN2049 cancellation — low probability given confirmed Oct 7-8 dates; all unspent funds less unavoidable vendor commitments returned",
"Geopolitical disruptions or travel restrictions affecting Singapore"
]
},
"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' (global events + TOKEN2049 2025)",
"2025 Treasury Withdrawal — 'Cardano Summit 2025 and regional tech events' (India Hackathon component)"
],
"has_prior_delivery": true,
"prior_delivery_evidence": "EMURGO managed TOKEN2049 sponsorship 2022-2025 continuously. India Hackathon under prior proposal exceeded all agreed KPIs per Intersect dashboard. Multi-year institutional partnership with TOKEN2049 organizers.",
"admin_model": "intersect",
"administrator_name": "Intersect",
"oversight_committee": [
"Sundae Labs",
"Cardano Foundation",
"DQuadrant",
"Xerberus",
"NMKR"
],
"administration_fee_pct": 3,
"duplicate_of_existing_solution": {
"value": "no",
"confidence": "high",
"set_by": "ai"
},
"duplicate_notes": "EMURGO is the proposer precisely because it has the multi-year TOKEN2049 partnership. CF Summit (in corpus, Oct 5-6) is the sister event — explicitly decoupled and complementary. The original combined proposal failed due to budget concerns; this is the restructured version."
},
"relationships": {
"bundle_with": [
"onchain-cardano-summit-2026-singapore-v2"
],
"supersedes": [],
"competes_with": [],
"depends_on": [],
"notes": "This is the decoupled EMURGO component of the original combined proposal. The CF Summit (Oct 5-6, in corpus) and this TOKEN2049 sponsorship (Oct 7-8) are complementary events designed to be a combined institutional presence in Singapore. DReps considering the CF Summit v2 may also consider this — the two together cover the full Singapore week."
},
"community_signals": {
"comment_count": 0,
"notable_objections": [],
"notable_endorsements": [],
"forum_thread_urls": [],
"live_voting_state": {
"as_of": "2026-05-11",
"drep_yes_ada": 162950000,
"drep_no_ada": 5520000000,
"drep_explicit_no_ada": 347140000,
"drep_no_confidence_ada": 200800000,
"drep_not_voted_ada": 4970000000,
"drep_total_active_stake_ada": 14960000000,
"cc_yes": 0,
"cc_no": 0,
"cc_not_voted": 7,
"interpretation": "FAILING. Only proposal in corpus with ZERO CC yes votes. Explicit No 347M — second highest in corpus (behind Blockfrost at 316M, though EMURGO is higher). Expires June 3 2026, giving DReps more time than the May 24 proposals. The EMURGO 15% management fee on a pass-through sponsorship may be driving DRep opposition — similar dynamics to Blockfrost's operational subsidy controversy."
}
},
"ecosystem_demand": {
"evidence_level": "moderate",
"evidence_level_confidence": "medium",
"evidence_level_set_by": "ai",
"active_users_known": true,
"active_users_examples": [
{
"name": "Cardano ecosystem builders (15-20 participating onsite)",
"kind": "user",
"url": null
},
{
"name": "25,000+ TOKEN2049 institutional attendees (accessible audience)",
"kind": "user",
"url": null
}
],
"developer_demand_signals": [
"EMURGO's multi-year TOKEN2049 partnership (2022-2025) demonstrates continuing institutional relationship",
"TOKEN2049 cancelled Dubai edition — Singapore 2026 demand higher than usual",
"CF Summit v2 also proposing Singapore Oct 5-6 — suggests strong ecosystem conviction in Singapore as venue",
"Cardano institutional progress (USDCx, LayerZero, CME Futures) provides genuine showcase material"
],
"adoption_risk_notes": "Demand for institutional visibility is real. The controversy is whether EMURGO's 15% facilitation fee on a pass-through model is appropriate for treasury funds, and whether a Platinum vs Title tier delivers sufficient ROI on the headline KPIs (1,950 booth contacts, 20 partnerships, 200 wallet sign-ups)."
},
"incumbents": {
"has_existing_solution": "no",
"has_existing_solution_confidence": "high",
"has_existing_solution_set_by": "ai",
"existing_solutions": [],
"differentiation_claim": "EMURGO's direct multi-year TOKEN2049 partnership and Singapore HQ make it the most efficient executor of this specific sponsorship. No other Cardano entity has this contractual relationship.",
"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": false,
"concentration_risk": false,
"failing_live_vote": true,
"commercial_facilitation_fee": true,
"zero_cc_votes": true
},
"risk_flags_note": "zero_cc_votes: Only proposal in corpus with 0 CC yes votes. commercial_facilitation_fee: EMURGO's 15% management fee ($97.5K on a pass-through activation) appears to be the primary DRep concern — similar to Blockfrost operational_subsidy_controversy flag. failing_live_vote: Yes 162M vs No 5.52B, expires June 3 2026.",
"_meta": {
"title": "Cardano at TOKEN2049 Singapore 2026: Baseline 'Platinum' Sponsorship Proposal",
"proposer": "EMURGO"
}
}