{
  "@context": {
    "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#",
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    "body": {
      "@id": "CIP100:body",
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          "@context": {
            "GovernanceMetadata": "CIP100:GovernanceMetadataReference",
            "Other": "CIP100:OtherReference",
            "label": "CIP100:reference-label",
            "uri": "CIP100:reference-uri",
            "referenceHash": {
              "@id": "CIP100:referenceHash",
              "@context": {
                "hashDigest": "CIP100:hashDigest",
                "hashAlgorithm": "CIP100:hashAlgorithm"
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          }
        },
        "comment": "CIP100:comment",
        "externalUpdates": {
          "@id": "CIP100:externalUpdates",
          "@context": {
            "title": "CIP100:update-title",
            "uri": "CIP100:uri"
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    "authors": {
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  "authors": [],
  "body": {
    "comment": "Given the current state of the Cardano ecosystem, I believe the proposed NCL amount is a far more practical option compared to previous iterations presented thus far.\n\nWhile a 200M NCL leaves little room for anything beyond core research, development, and operations in 2025, I am convinced this focus is precisely where our attention should be in the short to medium term.\n\nAs a community now fully responsible for the direction, scale, and pace of the ecosystem’s expansion and evolution, we must ensure a robust and comprehensive framework of policies, procedures, infrastructure, and auditing is in place before allocating significant resources to areas we are currently unprepared or unable to support.\n\nThis approach should be a priority across all areas of the ecosystem but is particularly critical for administration, governance, and funding, which currently lack substance, quality, and transparency."
  },
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}