{
  "@context": {
    "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#",
    "hashAlgorithm": "CIP100:hashAlgorithm",
    "body": {
      "@id": "CIP100:body",
      "@context": {
        "references": {
          "@id": "CIP100:references",
          "@container": "@set",
          "@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"
              }
            }
          }
        },
        "comment": "CIP100:comment",
        "externalUpdates": {
          "@id": "CIP100:externalUpdates",
          "@context": {
            "title": "CIP100:update-title",
            "uri": "CIP100:uri"
          }
        }
      }
    },
    "authors": {
      "@id": "CIP100:authors",
      "@container": "@set",
      "@context": {
        "name": "http://xmlns.com/foaf/0.1/name",
        "witness": {
          "@id": "CIP100:witness",
          "@context": {
            "witnessAlgorithm": "CIP100:witnessAlgorithm",
            "publicKey": "CIP100:publicKey",
            "signature": "CIP100:signature"
          }
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  },
  "authors": [],
  "body": {
    "comment": "Summary\n\nEMURGO, as a DRep, votes YES on the Info Action to approve the transition of Project Catalyst’s managing entity from IOG to the Cardano Foundation, based on rationale outlined below.\n\nRationale\n\nThis proposal enables a required administrative transition to ensure Catalyst continues operating without interruption. It does not introduce new funding or strategic changes, but focuses on maintaining continuity for Funds 10–14.\n\nEMURGO acknowledges IOG’s role in establishing and operating Project Catalyst to date, including its contribution in supporting ecosystem experimentation and funding early-stage innovation.\nWithout timely approval, Catalyst operations could face delays, particularly impacting milestone reviews and payments to ongoing projects. EMURGO considers this an avoidable operational risk.\n\nThe Cardano Foundation represents a credible and immediate successor capable of assuming this role within the required timeframe. While broader discussions on Catalyst’s future structure remain important, they are separate from this decision. EMURGO therefore supports this transition as a practical step to ensure continuity and stability."
  },
  "hashAlgorithm": "blake2b-256"
}