Revised Cardano Summit 2026 Singapore
This proposal as [PDF](https://ipnso-com.ipns.dweb.link/?cid=QmagzPnHcrRPC5MKpp3fHSJjz7xbTzEmfQq8Z697suYjq2). This is a revised and 22% reduced budget treasury withdrawal proposal for the Cardano Summit 2026 in Singapore. Following extensive discussions with the community the Foundation has revised the proposal as follows: * This proposal is decoupled from EMURGO’s TOKEN2049 sponsorship proposal. * Budget is reduced by 22% or $550,000 while retaining the tier-one experience to showcase a L1 blockchain like Cardano, achieved through reduction from three stages to two which lowers production, tech and onsite logistics costs. * Increased the CF’s estimated internal resource contributions to $380,000 from $250,000 to reduce external vendor costs. We thank the community for their honest feedback and we respect the budgetary concerns given the current bear market. Feedback was consistently positive about the Summit’s strategic vision and value. We understand the broad consensus is that a reduced budget Singapore Summit should happen without sacrificing quality or reputation. We continue to believe this proposal will bring important benefits to Cardano. 2026 is a pivotal year for accelerating Cardano’s adoption. Cardano has increased its interoperability and institutional readiness (USDCx, Pyth, Dune, CME Group, LayerZero). Aligned to the strategy, the Summit provides the perfect stage to spotlight this and to bridge the gap across technical integrations and enterprise/institutional execution. Interest in the Cardano Summit from institutions, enterprises, and media has steadily increased reaching its highest level in 2025/26. **This proposal outlines a strategic high-impact Cardano Summit 2026 to be executed in Singapore October 5 and 6th, 2026 with a 22% reduced budget.** 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: This request is linked to adoption and impact targets: 250 enterprise MQLs, 50 strategic meetings within 45 days post-event, 10 live demos/technical workshops, 200 developer participants, and 30 hackathon submissions/applications. These targets are captured in the KPI framework. Proposal Specifics and Budget Breakdown below for further details on the budget and administration process. Reductions are detailed in Section 4. Key Performance Indicators are included in Section 6. The full concept [here](https://ipnso-com.ipns.dweb.link/?cid=QmRq89up4U5qsSSQYNY7Z48R4XWH8npwf3wx6ZPGUPTxC6)
Position history — changed votes are never hidden
NO · epoch 630 · 2026-05-14 · tx 648641091c6a5d43…
Written after the vote was cast
What this asks for, and from whom
The revised Cardano Summit 2026 in Singapore. This entry records a NO that I later replaced with a YES after the proposal was revised.
What would have to be true for this to be a good use of treasury funds
Cardano's marketing weakness is my most repeated criticism of this ecosystem, so events are not automatically waste to me. But a summit budget has to be proportionate and it has to arrive with some accounting for what it produces.
What specifically concerns me
I voted no on the earlier shape of this and yes on the revision, and I want that visible rather than tidied away. The original ask did not convince me that the spend matched the outcome. The revision tightened it. That is exactly the behaviour I am trying to reward across every proposal I touch: come back smaller, or come back clearer, and I will move. A Drep who never changes position under new information is not principled, they are just not reading.
What I am asking of the proposer if this passes
The revised version was dropped in the end. Whoever brings the next summit proposal: attach outcome measurement. Partnerships opened, developers onboarded, media reach against cost. Cardano needs the marketing. It needs marketing that can prove it worked even more.
Reasoning
Written after the vote was cast
What this asks for, and from whom
7,800,000 ADA for a revised Cardano Summit 2026 in Singapore.
What would have to be true for this to be a good use of treasury funds
Marketing and presence are where Cardano is weakest, and I will say that as loudly as anyone. Best tech in the world means nothing without brand awareness and adoption. So events are not automatically frivolous to me the way they are to some Dreps.
What specifically concerns me
Events are also where treasuries waste the most money with the least accountability, because attendance photos are easy and attributable outcomes are hard. Nearly 8 million ADA is a lot of marketing budget for a few days.
What I am asking of the proposer if this passes
It was dropped. Whoever brings the next summit proposal should bring outcome measurement with it: partnerships signed, developers onboarded, integrations announced, media reach. Cardano needs marketing badly. It needs marketing that can prove it worked even more.