HaLucidAtion

Blockfrost: Cardano Treasury should not be used to subsidize a profitable private company without a clear public return. We've already seen other private entities held to a different standard. In previous rounds, projects like @snek were pushed toward a loan structure because they were considered a private company. So why is Blockfrost being treated differently? Blockfrost is also being framed by some as "critical infrastructure." I don't agree with that characterization. Cardano builders use many alternatives: Maestro, Koios, Dandelion, Cardanoscan API, Iagon Insights, Dolos, Ogmios, Yaci Store and others. This is not a one-provider ecosystem I even ran a builder poll. At the time of writing, the results were: - 8% use Blockfrost paid - 8% use Blockfrost free tier - 59% use multiple API tools - 25% don't use Blockfrost at all That does not support the narrative that Blockfrost is some irreplaceable backbone for Cardano. Another issue - the proposal leaned on claims around usage and traffic concentration, including the idea that ~90% of traffic flows through Blockfrost. That claim was later deleted after basic questions were asked. The reality is simple - there is no credible public way to verify how many dapps depend on Blockfrost or what percentage of ecosystem traffic runs through it. That makes the "critical infrastructure" argument look more like marketing than governance-grade evidence If Treasury funds a private company, there should be a clear benefit flowing back to Treasury and the ecosystem. Equity, tokens, revenue share, hard guarantees, something tangible. We cannot keep socializing cost while privatizing upside And if the standard is that ecosystem builders should give something back, then that standard should apply equally to EVERYONE - not only to some teams while exceptions are made for companies with the right connections. We need consistent rules, evidence based claims, and better stewardship of Treasury That's why I voted NO on Blockfrost.

Governance Action Update Title: IO & Midgard Labs: L2 Scalability Initiative Authors: Input Output Global, Intersect Type: Treasury Withdrawals Action: explorer.cardano.org/governance-act… @IntersectMBO #Cardano #Governance

@ADA_Flash_ @DjediMindTrick Waiting for Chuck to drain the #CONdano treasury.

@ADA_Flash_ @DjediMindTrick Waiting for Chuck to drain the #CONdano treasury.