OnchainCommunity & Eventsonchain
Cardano at TOKEN2049 Singapore 2026: Top-Up 'Title' Sponsorship Upgrade
EMURGO
Modular top-up converting the TOKEN2049 Platinum sponsorship to Title tier: +36 sqm booth (144 sqm total), 15-min mainstage keynote, press release inclusion, media introductions, lanyards, protein shake station, +5 event tickets, +5 AFTER 2049 invites, +2 Speakers Reception. Additional KPI targets: 2,530 leads (+30%), 26 partnerships, 260 wallet sign-ups. Strictly dependent on Platinum proposal passing.
Ask (ADA)
1,768,167
Ask (USD)
$424,360
Peg
$0.24
Eff. ADA @ spot
1,603,779
Peg vs market
✓ conservative
Scorecard
13 of 19 criteria answered
Amber · 76%· 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-topup-title",
"ingestion": {
"ingested_at": "2026-05-11T17:10:00Z",
"ingested_by": "claude-opus-4.7",
"source_documents": [
"https://www.cardanocube.com/governance/gov_actions/gov_action1kj6ghzuz9wcq88f3y72cyyeekdcemlq0dqk4zpjd4eck5assuypqq0pckkw"
],
"extraction_notes": "EMURGO's modular top-up proposal to upgrade TOKEN2049 presence from Platinum to Title tier. Strictly dependent on the Baseline Platinum proposal passing. If Platinum fails, 100% returned within 30 days. Yes 92.32M, Explicit No 328.46M, CC 0 yes votes (same as Platinum). Single milestone — full disbursement on approval. No additional EMURGO management fee on the delta budget. Yes: 92M vs No: 5.57B — even less support than Platinum (162M). Expires June 3 2026."
},
"source": {
"channels": [
"onchain"
],
"hydra_id": null,
"onchain_tx_hash": "b4b48b8b822bb0039d312795821339b3719dfc0f682d51064dae716a7610e102",
"onchain_action_id": "gov_action1kj6ghzuz9wcq88f3y72cyyeekdcemlq0dqk4zpjd4eck5assuypqq0pckkw"
},
"identity": {
"title": "Cardano at TOKEN2049 Singapore 2026: Top-Up 'Title' Sponsorship Upgrade",
"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": "Same team as Platinum proposal. No additional management fee — EMURGO's facilitation cost absorbed by the baseline."
},
"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",
"title-tier",
"mainstage-keynote",
"media",
"top-up",
"modular"
]
},
"ask": {
"ada_amount": 1768167,
"ada_amount_note": "Delta between Platinum and Title. Breakdown: Title upgrade $300,000, additional booth build $100,000, Compliance & Governance 3% $12,000, Intersect admin 3% $12,360. No EMURGO management fee — absorbed by baseline proposal.",
"usd_amount": 424360,
"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": 1,
"milestone_payments_disclosed": true,
"milestone_schedule_disclosed": "amounts_only",
"raw_ask_text": "Incremental request of 1,768,167 ada (equivalent to $424,360 USD at $0.24/ada). Single milestone: 1,768,167 ada / $424,360 available immediately upon DRep approval (contingent on Platinum proposal approval)."
},
"treasury_return": {
"has_return_clause": true,
"mechanisms": [
{
"type": "unspent_funds",
"trigger": "Baseline Platinum proposal fails to pass OR TOKEN2049 cancelled OR execution under budget",
"deadline": "Within 30 days if Platinum fails; within 6 months if event-related",
"excluded_costs": [
"Unavoidable vendor commitments if event cancelled"
],
"estimated_return_pct": null,
"estimated_return_pct_note": "100% returned if Platinum fails"
},
{
"type": "price_peg_surplus",
"trigger": "ADA price appreciates materially",
"deadline": "Within 6 months of event",
"excluded_costs": [],
"estimated_return_pct": null,
"estimated_return_pct_note": null
}
],
"treasury_favourability": "strong",
"treasury_favourability_confidence": "high",
"treasury_favourability_note": "Hard dependency clause: 100% returned in 30 days if Platinum fails. This is the most explicit conditional return mechanism in the corpus. No EMURGO fee on the delta.",
"treasury_favourability_set_by": "ai",
"raw_return_text": "If this proposal is ratified without the approval of the 'Platinum' Sponsorship proposal, EMURGO commits to returning 100% of the funds to the Cardano Treasury within 30 days of enactment, as there would be no underlying sponsorship to upgrade."
},
"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": "2026-05-11T17:10:00Z"
},
"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": "Intersect Treasury Dashboard",
"url": "https://treasury.sundae.fi/instances/9e65e4ed7d6fd86fc4827d2b45da6d2c601fb920e8bfd794b8ecc619"
}
]
},
"content": {
"abstract": "Modular top-up converting the TOKEN2049 Platinum sponsorship to Title tier: +36 sqm booth (144 sqm total), 15-min mainstage keynote, press release inclusion, media introductions, lanyards, protein shake station, +5 event tickets, +5 AFTER 2049 invites, +2 Speakers Reception. Additional KPI targets: 2,530 leads (+30%), 26 partnerships, 260 wallet sign-ups. Strictly dependent on Platinum proposal passing.",
"problem_statement": "Platinum tier lacks mainstage keynote, guaranteed media exposure, and press release inclusion — these are the 'thought leadership dominance' elements available only at Title tier.",
"proposed_solution": "Pay the $300K delta to TOKEN2049 and $100K additional booth build for the Title upgrade. No additional EMURGO management fee. Single milestone, full disbursement on approval.",
"deliverables": [
"15-minute mainstage keynote at TOKEN2049 Singapore",
"Upgrade to 144 sqm booth (from 108 sqm Platinum)",
"Inclusion in TOKEN2049 press release",
"5 facilitated media introductions to major outlets",
"Branded lanyards for all attendees",
"Protein shake station engagement point",
"+5 builder tickets (total 25 from Platinum package, EMURGO sourcing 5 more for 30 total)",
"+5 AFTER 2049 invites (total 10), +2 Speakers Reception invites"
],
"milestones": [
{
"name": "M1 — Full disbursement on approval",
"deliverable": "EMURGO secures Title upgrade with TOKEN2049 upon DRep approval (contingent on Platinum passing)",
"ada_release": 1768167,
"deadline": null
}
],
"team": [],
"risks_disclosed": [
"Dependency on Platinum proposal — if Platinum fails, 100% returned in 30 days",
"ADA price volatility — $0.24 conservative; surplus returned within 6 months",
"TOKEN2049 cancellation — all unspent returned less unavoidable vendor commitments",
"Geopolitical disruption affecting Singapore"
]
},
"metadata": {
"open_source": "no",
"open_source_url": null,
"has_prior_funding": true,
"prior_funding_sources": [
"Same as Platinum proposal — 2025 EMURGO global events allocation"
],
"has_prior_delivery": true,
"prior_delivery_evidence": "Same as Platinum proposal — EMURGO multi-year TOKEN2049 partnership 2022-2025.",
"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": "Strictly additive to the Platinum proposal. Cannot exist without it."
},
"relationships": {
"bundle_with": [
"onchain-cardano-summit-2026-singapore-v2"
],
"supersedes": [],
"competes_with": [],
"depends_on": [
"onchain-emurgo-token2049-platinum"
],
"notes": "Hard dependency on Platinum proposal. DReps are explicitly instructed: vote YES only if you also support the Platinum proposal. Combined Platinum + Title ask: 5,071,917 ADA ($1,217,260 USD)."
},
"community_signals": {
"comment_count": 0,
"notable_objections": [],
"notable_endorsements": [],
"forum_thread_urls": [],
"live_voting_state": {
"as_of": "2026-05-11",
"drep_yes_ada": 92320000,
"drep_no_ada": 5570000000,
"drep_explicit_no_ada": 328460000,
"drep_no_confidence_ada": 200800000,
"drep_not_voted_ada": 5040000000,
"drep_total_active_stake_ada": 14960000000,
"cc_yes": 0,
"cc_no": 0,
"cc_not_voted": 7,
"interpretation": "FAILING. Yes only 92M (lowest in corpus alongside Blockfrost's Cayley). Explicit No 328M (third highest in corpus). Zero CC votes. Even DReps who support Platinum (162M) are not supporting this upgrade — suggesting DRep cost-sensitivity limits appetite for discretionary enhancements. Expires June 3 2026."
}
},
"ecosystem_demand": {
"evidence_level": "weak",
"evidence_level_confidence": "high",
"evidence_level_set_by": "ai",
"active_users_known": false,
"active_users_examples": [],
"developer_demand_signals": [
"Mainstage keynote is the only incremental benefit with quantifiable reach (25,000+ audience vs substage)",
"Press release and media introductions are hard to quantify for ROI",
"The 30% KPI uplift claims (1,950 to 2,530 leads) are modelled projections, not historical evidence"
],
"adoption_risk_notes": "The demand case for the upgrade specifically (vs the baseline Platinum) is weak. The incremental KPI improvements don't clearly justify $424K additional spend."
},
"incumbents": {
"has_existing_solution": "no",
"has_existing_solution_confidence": "high",
"has_existing_solution_set_by": "ai",
"existing_solutions": [],
"differentiation_claim": "The mainstage keynote slot and press release inclusion are exclusive to Title tier — only EMURGO can secure these given its multi-year partnership.",
"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": false,
"zero_cc_votes": true
},
"risk_flags_note": "zero_cc_votes: 0 CC yes votes same as Platinum sibling. failing_live_vote: Yes 92M vs No 5.57B — lowest Yes alongside Blockfrost, expires June 3 2026. commercial_facilitation_fee set false because no EMURGO fee on this top-up delta.",
"_meta": {
"title": "Cardano at TOKEN2049 Singapore 2026: Top-Up 'Title' Sponsorship Upgrade",
"proposer": "EMURGO"
}
}