Cardano’s $5 Million Events Proposal Faces Its First Deadline in Nairobi

The first call for Cardano projects depends on treasury approval. At a November 9 Q&A, the Foundation explained how it would select teams and track what they achieve at conferences.

By SongMarketCap

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Cardano News - Cardano’s $5 Million Events Proposal Faces Its First Deadline in Nairobi

The Cardano Foundation dey plan open application for December for projects wey need travel support to attend Africa Tech Summit for Nairobi. Laura Mattiucci, wey be the Foundation director of marketing and communications, explain the timing during the second November 9 Q&A with delegated representatives, we dem dey call DReps. Nairobi go open 12-conference program wey the Foundation dey find $4,999,155 from the Cardano treasury to run.

Singapore Provides a Model for Selecting Cardano Projects

The Foundation dey plan invite applications before each quarter events and involve Intersect’s Growth and Marketing Committee to help select teams. Dem still dey refine the application process, including how to handle teams wey wan attend more than one conference.

Mattiucci point TOKEN2049 Singapore as example. For there, the selection process consider whether project don dey live for mainnet and wetin e plan show for the shared Cardano booth. According to Mattiucci, treasury funding support 20 teams for that event.

For 2027, the teams wey dem select go receive airfare and hotel accommodation. Dem go fit demo products and hold meetings for the shared booth. For Nairobi, the Foundation dey plan work with local partners to reach developers for the region before the conference and the hackathon wey go follow am.

Hackathons Would Connect Developers With Ongoing Support

The proposal include four hackathons. Mattiucci tell DReps say developers for earlier programs bin need navigate scattered documentation and no get clear road to continue to build after hackathon.

She describe follow-up process wey go direct participants to developer documentation through Discover Cardano, office hours with technical teams, and community Discord channels. For teams wey continue to develop their projects, she mention Venture Hub and accelerator programs as possible next steps.

When dem ask about regional coverage for Latin America, Mattiucci point to the hackathon wey dem plan alongside LABITCONF for Buenos Aires. She still mention Blockchain.RIO as example of event wey the Foundation go support separate from the treasury request.

[NEWSBREAK]

Quarterly Reporting Would Track Conference Results

The Foundation go oversee all 12 events and publish quarterly updates through im treasury reporting portal. Participating projects go still report their results. The proposal set targets of 9,520 booth contacts, 137 workshops and builder presentations, and 4,750 registrations for side events. The Foundation dey plan publish event-by-event report within 90 days after the program end.

The proposed calendar start with Africa Tech Summit on February 10 and 11, 2027. Mattiucci tell DReps say the Foundation participation for Nairobi under the program depend on whether treasury withdrawal pass. The published proposal still allow changes to the conference lineup if approval come after the end of December.

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