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Budget Proposal Review workshop (Governance, Research & No Category) Summary

Cardano Budget Workshops

Budget Proposal Review workshop (Governance, Research & No Category) – Western Hemisphere Summary

Governance and Budget Process

🗳️ Cardano’s 2025 budget process involves two phases: proposal submission/review and reconciliation, with 14 proposals currently under review in governance, research, and uncategorized categories.

💼 The Cardano Civics Committee’s 2025 roadmap focuses on accessible governance, fair stewardship, and transparent facilitation, including ratifying the constitution and upcoming elections for the constitutional committee.

🌐 Cardano’s 2030 vision and 2026 roadmap will be co-created through 100+ global workshops and surveys, with public review, iteration, and on-chain ratification.

Research and Development

🔬 15 research initiatives will study user attention, onboarding friction, developer needs, catalyst funding gaps, and global brand awareness to guide Cardano’s roadmap and governance.

🖥️ Node diversity is a key priority for achieving product-market fit for Cardano, identifying protocol feature needs and facilitating their development.

🧠 Faurek aims to position Cardano as a leader in decentralised AI by accelerating Layer 2 capabilities and providing AI services to communities.

Transparency and Accountability

📊 ADA Spend, inspired by USAspending.gov, will be a fully open-source Cardano treasury explorer tracking fund allocation and utilisation through data collection, analysis, and visualisation.

🔍 Ada Start, a Cardano blockchain explorer since 2019, proposes to continue development for 24 months, including performance optimisations and governance-related features.

🤖 Voltater plans to leverage AI tools for read-only memory to verify work, ensure Mika compliance, and provide neutral arbitration beyond peer reporting.

Community and Ecosystem Development

🌍 The Governance Workstream Consortium, formed by 63 delegates from over 50 countries, aims to tackle future work streams identified during the Cardano Constitution Convention.

🌱 WAD’s 6-month project across 13 African countries aims to establish a community-wide vision for Cardano’s future from 2025 to 2030.

🏗️ To help Cardano find product-market fit, insights will be gathered from Web2 and Web3 developers on what would make building on Cardano easier.

Research and Innovation

🔬 Input Output commits to deliver 20 research and six technology validated outputs annually over 5 years, totalling 100 research and 30 validated technology outputs.

📚 Input Output’s Oraoris research, with papers published since 2017 and 3,000 citations for early papers, has catalysed an ecosystem of millions of users and tens of billions in valuation.

💡 The Cardano privacy layer proposal by Model B and Encoins aims to develop a base privacy protocol with applications like voting, identity, mixing, and a decentralised relay network.

Staking and Infrastructure

💾 Cardano SPOs operating at a 40% loss could be empowered through new revenue sources like decentralised storage using Lattis technology, a superior alternative to Filecoin/Arweave.

🔗 Lattis, a decentralised storage network, requires lower hardware than blockchain and enables streaming, providing transparency, redundancy, and resiliency.

Community Empowerment and Education

🤝 The 45B proposal aims to empower detached Cardano communities by nurturing relationships, incubating self-organising cohorts, and routing 50% of the budget to participating communities.

🎓 The proposal includes themed events for onboarding various industries and hands-on Cardano use sessions for all communities.

DRep Incentivization and Governance Improvement

💰 The DR incentivization proposal aims to address DREP workload and concentration of power by collecting on-chain behaviour data for a year to create an open-source reward formula.

📈 The governance improvement process involves curiosity-driven research through interviews and on-chain data analysis, followed by workshops for prioritising and refining recommendations.

🔄 The conceptualisation phase of the Cardano research project requires $41,000 to gather wide-ranging data on current DRep behaviour and identify meaningful parameters for representative rewards.

About Learn Crypto

Hi, I'm Peter, I've been podcasting since 2013

After years of trading and learning about crypto, I decided that Cardano was my chain of choice and put all my efforts into understanding everything about Cardano and the broader crypto and blockchain space. Learn Crypto is where I share all that I learn with you.

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Peter Bui
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