[CF-GA18-RATIONALE] Cardano Blockchain Ecosystem Budget - 275M ada Administered by Intersect

Cardano Foundation iCC Vote on Info Governance Action ‘Cardano Blockchain Ecosystem Budget - 275M ada Administered by Intersect’

The Cardano Foundation has completed its constitutional assessment of the governance action #18 (Links: GovTool, Adastat, Cardanoscan) and deemed it to be constitutional.

  • Governance Action Title: Cardano Blockchain Ecosystem Budget - 275M ada Administered by Intersect

  • Governance Action ID: gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh

  • Transaction Details: Cardanoscan

As a member of the Interim Constitutional Committee (iCC), we are responsible for reviewing the constitutionality of all governance actions submitted to the blockchain.

For a detailed explanation of our assessment, please refer to our full rationale available in the following PDF hosted via IPFS:

https://ipfs.io/ipfs/QmdLR2sPaFEGA4U1vFnyvb3SHRNWQM6v9Qs4Dj97dcDY8h


Rationale Summary:

The proposed Info Governance Action “Cardano Blockchain Ecosystem Budget - 275M ada Administered by Intersect” is constitutional.