{ "@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" } } } } }, "authors": [], "body": { "comment": "I vote YES on the Treasury Withdrawal action titled “Cardano x Draper Dragon: Orion Fund”. (8807e3cee3be5647742c329c1dea242f0c1c29b8ad050e15169e3b0302fcbfd6#0).\n\nAlthough seemingly a big ask early on in the 2026 budget and net change limit period this is a very thorough and professionally written proposal and reflects an approach to governance action preparedness that has largely been lacking to date. Which is also why it is becoming increasingly important to consider a proposal such as this. A professional investment entity from outside of the Cardano ecosystem sends a strong signal to the wider space that Cardano is here, is open for business and is worth another look. As outlined previously in my DeFi Liquidity proposal rationales, Cardano has long struggled from a perception problem and I believe that should this proposal be successful, it will begin to finally turn the tide on that perception.\n\nOn the flip side of this, internally, there has been a growing perception of Cardano becoming more plutocracy and less meritocracy, with the same teams getting repeated funding, the same developers getting spread too thin across too many projects and with some bulk treasury proposals last year hard to follow the inputs and the outputs. Having an outside entity with investment experience looking at the ecosystem with fresh eyes and bringing more integrity, structure and accountability to funded projects can all help foster a sense that Cardano is a serious place for business.\n\nIf this project can be successful, highlighting Cardano as a serious place to build, an ecosystem worth investing in and all the while facilitating returns to the treasury that could help increase its sustainability, it has to be worth a shot. This has become even more important with the recent Catalyst situation and the uncertainty around any future ecosystem funding vehicle to replace it." }, "hashAlgorithm": "blake2b-256" }