Giulia Ponzano

Following community feedback, we have submitted a revised @CardanoSummit proposal with reduced costs and retained quality. Key changes to note: • 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 an L1 blockchain like Cardano. • Achieved through reduction from three stages to two which lowers production, tech and onsite logistics costs. • Increased the Cardano Foundation’s estimated internal resource contributions to $380,000 from $250,000 to reduce external vendor costs. This leaner proposal remains focused on delivering impact and growth for Cardano and its builders, with full KPI transparency. If passed, Cardano Summit 2026 will take place 5-6 October in Singapore. Strategically timed alongside TOKEN2049, we will position Cardano and its builders at the center of the world’s most active institutional and blockchain hub with 25,000 people expected in town. All this at a moment when Cardano’s large technical and commercial integrations have reached a pivotal moment for mainstream finance. Discounted tickets for the event will be available for community members based on their on-chain activity, as last year. The community's input has directly shaped this proposal. We look forward to continuing the conversation in two separate AMAs today. Links in the thread below. View and vote on the proposal: cardanoscan.io/govAction/gov_…