The Cardano community has approved a 96 million ADA budget, equivalent to approximately JPY 10.6 billion, for major network upgrades, marking the first direct community sanctioning for core development.
Cardano's core development team, Input Output Global, secured community approval with about 74% endorsement for a 96 million ADA budget, valued at approximately JPY 10.6 billion, to fund major network upgrades, marking the first instance of direct community sanctioning for core development funding.