I just voted NO with 69.28 million ADA on the treasury withdrawal: Cardano at TOKEN2049 Singapore 2026: Baseline ‘Platinum' Sponsorship Proposal
On behalf of my loyal delegates.
Rationale
I know this proposal has already passed, but I wanted to still formally register my NO vote and share my rationale for transparency.
Singapore is a great location, and I credit EMURGO for a zero profit, Platinum tier pass through structure that directly responds to community feedback. The proposal easily demonstrates clear benefits to Cardano by providing free tickets, dedicated stage time, and critical networking access directly to ecosystem builders.
However, a 3.3 million ADA ask paired with an 85% upfront drawdown conflicts too deeply with my core fiscal principles. This is an exceptionally high amount for an event where, historically, I am unable to easily tie the spend back to clear value on Cardano in the form of KPIs. Ideally, I would prefer we focus on treasury replenishment initiatives, growing our treasury and on chain usage, before we have the luxury of spending out at events to join other blockchains that do have utility generating further on chain usage. Even though the community heavily favors this presence, as a DRep I must prioritize strict treasury discipline, and I cannot in good conscience support these specific financial parameters.
As this has since passed, I would welcome EMURGO to demonstrate this proposal's value, and I look forward to seeing this during the event, especially across social media, which will in turn assist my position for future funding.
Transaction
https://t.co/SxnFp53q8M
@TapTools TapTools is a great product; I use it daily. It’s such a shame, but I fully understand your situation. This low ADA price, without relief, and the low user activity are obviously not sustainable for most businesses operating on Cardano. I hope that changes soon.
Taptools shutting down is the Biggest L $ADA has taken, if they can’t survive who can.
Multiple mints and one of the main tools on the entire chain.
The founding entities need to take this as a very big wake up call, or dexhunter will be next and then there’s no point anymore.
Gra karciana, która wyszła PÓŁ ROKU TEMU ODPALA TURNIEJE NA 2k OSÓB I NIE MA ICH WIĘCEJ TYLKO DLATEGO, ŻE NIE BYŁO WIĘCEJ MIEJSCA XDD
Wy nawet nie zdajecie sobie sprawy jakie to jest popierdolone. To jest dosłownie ewenement, no wysadza mi to banie. ŻADNA.INNA.GRA.W.HISTORII nie miała takiego startu, a jeszcze te liczby z eventu na event są coraz większe. To nie tak, że no był giga initial hype i teraz sobie umiera. TO TYLKO ROŚNIE.
Autentycznie Riftbound jest obecnie największym sukcesem Riotu.
Riftbound has been out less 7months and its firing off 2k+ people events that also is having difficulty fitting more ppl. Absolutely amazing game and IP and team behind it. Love this game /ip so much
Riftbound community eating good!
1. Available/affordable product
2. Diverse meta
3. Incredible IP
4. Incredible dev support
5. Best of prizing at Regionals
....and more. Riftbound >
Riftbound is the goat tcg purely because it's a constant conversation. Reacting, talking, feels like an actual 1v1. And for someone who loves to chat and make new friends, it genuienly doesn't get better.
The worst TCGs are the my turn, your turn, silence zero interaction.
🧠 Top 15 Psychological Anime of All Time 👇
1. Death Note
2. Steins;Gate
3. Monster
4. Code Geass
5. Neon Genesis Evangelion
6. Psycho-Pass
7. Serial Experiments Lain
8. Perfect Blue
9. Ergo Proxy
10. Higurashi: When They Cry
11. Elfen Lied
12. From the New World
13. Paprika
14. Kaiji: Ultimate Survivor
15. Paranoia Agent
Mind games. Paranoia. Trauma. Psychological breakdowns. Twisted endings 😵💫
What’s your #1 psychological anime? 👀
Source: IMDb ratings, anime popularity, psychological genre rankings & community consensus
I bought Ada in 2020 and all the way through the bull run, even after ATH. Bought NFTs, supported projects, rarely sold anything Cardano related to this day.
I cashed out my life savings in 2023, during the last bear lows, and put most of it in to Cardano.
I have worked to build in this ecosystem without a salary for 3 years now.
I have put my own ADA up for payrolls to ensure our employees get paid.
I have sacrificed everything to be here. I have always believed in Cardano. I have shown up every single day for the last 5 years.
That’s why I won’t sit here quietly and watch it all burn down around me. That’s why I won’t sit around and watch the people who have lived comfortably, making none of the sacrifices I did, continue to strong arm governance because their payday is running out.
Yet I see dReps and CEOs attacking the community for how they vote. Is this really what we signed up for?
Governance was supposed to be our chance as a community to have a real voice and it’s being completely diminished by propaganda and bullies. Attacking people on the timeline because of how they voted is just pathetic and not the governance I signed up for I helped conceive.
The system was finally showing signs of strength, pushing back against expenditures, forcing accountability from previous years, and ushering in a new era of Cardano, where the community fully decides.
Unfortunately that is clearly not the reality. A few dReps hold all the power, most have their hands in or around the FEs. It’s ok. I am not as mad at the centralization of voting power. I’m mad because we aren’t being listened to.
Asking for basic stuff to make an educated decision, or have fiscal clarity, is not FUD, it’s called being responsible.
We should hold everyone equally accountable at this point. There should be no varying standards. And I mean this socially as well.
I hope people really take a long look at where we are, how we got here, and what’s currently going on before they continue to vote. We have about half the NCL left, let’s make sure to use it extremely wisely. We can’t afford to miss.
Happy Sunday!
>Be male gamer
>Peak Grandmaster
>Try to go pro but not good enough
>Become “female”
>Get paid to play against Diamond women
>Get called a “top female player” by woke orgs
>If actual female pros speak out they will lose their jobs
>Whole esports industry forced to play pretend