According to Foresight News, the Cardano Foundation DRep has changed its vote to “in favor” of the proposal to “withdraw 605,000 ADA to provide developers with a free native asset content distribution network (CDN).” The initial “no” vote was based on financial and funding concerns, but additional information provided by the NFTCDN team has resolved these concerns. The proposal includes offering 18 months of free native asset CDN services for all Cardano developers to address the high costs they face. The NFTCDN team provided clear budget estimates for salaries and infrastructure costs; the 18-month strategic period will collect data for DReps to vote on three sustainable future paths (Open Source, Decentralization, or hand over to a non-profit organization); Project Catalyst does not have a suitable funding category for such infrastructure projects, hence the choice of treasury withdrawal process. DRep believes this proposal is a reasonable and strategic public infrastructure investment that offers long-term sustainability and immediate value.
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Cardano Foundation DRep changed the vote to "Approve" to support the treasury withdrawal for free CDN.
According to Foresight News, the Cardano Foundation DRep has changed its vote to “in favor” of the proposal to “withdraw 605,000 ADA to provide developers with a free native asset content distribution network (CDN).” The initial “no” vote was based on financial and funding concerns, but additional information provided by the NFTCDN team has resolved these concerns. The proposal includes offering 18 months of free native asset CDN services for all Cardano developers to address the high costs they face. The NFTCDN team provided clear budget estimates for salaries and infrastructure costs; the 18-month strategic period will collect data for DReps to vote on three sustainable future paths (Open Source, Decentralization, or hand over to a non-profit organization); Project Catalyst does not have a suitable funding category for such infrastructure projects, hence the choice of treasury withdrawal process. DRep believes this proposal is a reasonable and strategic public infrastructure investment that offers long-term sustainability and immediate value.