You Won’t Believe What the Cardano Foundation Just Did! 😲💰

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Hold onto your hats, folks! The Cardano Foundation has done a spectacular U-turn that would make a NASCAR driver green with envy! 🏎️💨 They’ve flipped their DRep vote to a jubilant “YES!” for funding a free Native Asset Content Delivery Network (CDN) for Cardano developers! 🎉 In a post on X, the Foundation declared, “After giving it a good ol’ think, we’ve decided that, yes indeed, we’ll withdraw from the treasury to fund this spiffy CDN!” They even admitted their previous “No” was all about some pesky financial concerns, but guess what? They got some new info and now they’re ready to party! 🎈

Cardano Foundation Says, “Show Me the Money!”

The full rationale, which you can find on the magical world of IPFS (I mean, who doesn’t love a good acronym?), spills the beans on this 180-degree spin. They wanna “Withdraw ₳605,000 for a free Native Asset CDN for Cardano developers,” which sounds fancy and high-tech! This means they’ll cover 18 months of free use of NFTCDN’s playground for every Cardano builder out there. Talk about a generous party favor! 🎁

According to the Foundation’s manifesto, this service “solves a complex and expensive problem for builders.” I don’t know about you, but I love a good solving of problems! It sounds almost like a superhero movie plot! 🦸‍♂️ And guess what? It’s already being used by the cool kids, like Eternl and Vespr wallets! They even provided a budget for paying their hard-working teams and keeping the lights on. Smart cookies, aren’t they? 🍪

Now, here’s the kicker: the Foundation is treating this 18-month freebie like a data-gathering expedition! 🕵️‍♂️ They want to explore three thrilling paths once they figure out usage and costs: maybe they’ll open-source the stack, decentralize the service, or hand it over to a non-profit organization. Will there be a musical number involved? Only time will tell! 🎶

They initially thought Project Catalyst was the ideal place for this, but they quickly realized there wasn’t any appropriate funding category in Catalyst for what they need. So, they confidently declared, “Forget that! We need a Treasury Withdrawal instead!” Now, that’s how you make a bold decision! 💪

This vote switcheroo is part of Cardano’s broader 2025 governance extravaganza, which comes complete with 39 Treasury Withdrawal proposals! That’s about ₳275 million folks! It’s like a game show of funding proposals, and everybody’s a winner! 🙌 The Foundation is making sure that DRep decision-making is as clear as a freshly Windexed window, complete with running summaries of their votes and all sorts of governance wizardry! ✨

For developers and integrators, it’s all about the here and now: if they push this through, it’ll wipe out the immediate CDN costs for rendering native assets and delivery of metadata across wallets, explorers, and dApps. The crowd goes wild! 🎊 Smaller or non-profit teams are gonna feel like they just won the lottery with this news! 💵

The applicant’s forum posts shout “infrastructure-as-a-service” like it’s the latest dance craze, having already rocked hundreds of millions of API calls! They plan to use this sweet funding to measure demand and tweak the infrastructure for whatever long-term model the community loves the most. It’s like a reality show with a twist! 🎥

Now, governance traceability? Piece of cake! 🍰 The Foundation’s DRep identifier is like the golden ticket to see the record of the vote and all the fun metadata attached to it. You can even check the governance action listed among current Treasury Withdrawal items on explorer dashboards, which sounds way cooler than it actually is! And yes, you can browse the governance portal that has everything organized, including voting approaches and meeting notes. You know, just in case you want to dive deep into government-style drama! 📜

And by the way, as of now, ADA is trading at the wild price of $0.94. So, keep your eyes peeled! 👀

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2025-08-15 15:39