Overview - A Cardano Blockchain Ecosystem Budget

Governance Budgets 2025
22

The following opinions were expressed at the workshop regarding the new budget process :folded_hands:

Step 1
Evaluation by experts, knowledgeable people, and analysts

Step 2
Based on the evaluation, DREP volunteers, SPO volunteers, the above experts, knowledgeable people, and analysts will hold a discussion
Priority
Weight
Draft budget

Step 3
Publish to DREP and vote after further discussion

1 Like
23

FYI: CF’s financial reports:

https://ucarecdn.com/a8efed51-3bb9-46e9-aecb-9db64975c891/

Here is the breakdown of the Cardano Foundation’s annual activity costs for 2023 in English:

Total Annual Expenses

  • Total: $23.77 million

Expense Allocation

  1. Operational Resilience: $2.12 million

    • Implementation of real-time network monitoring
    • Testing of decentralized on-chain governance mechanisms
    • Support for the Valentine hard fork
    • Improvement of stake pool delegation strategy

  2. Education: $4.18 million

    • Establishment and registration start for the Cardano Academy
    • Engagement with regulators using the Cardano Explorer
    • Launch of the “Let’s talk Cardano” webinar series
    • Hosting of the Cardano Summit 2023

  3. Adoption: $12.92 million

    • Development of use cases to demonstrate the diverse applications of Cardano
    • Creation of services and APIs to support enterprise-grade Cardano applications
    • Initiation of auditable calculation of consensus rewards
    • Collaboration with the Georgian wine industry
    • Simplification of smart contract development through the introduction of the Aiken language
1 Like
24

Thanks for sharing. When can we expect or where is the financial report for 2024?