Intersect funding

Intersect supports the growth of decentralized and inclusive systems through technology and education, the administration of Cardano’s governance processes enabling technical changes, and advocacy. This can translate to internal operations and providing funding to develop Cardano’s open-source technology.

To establish Intersect and provide sufficient capital to operate, Intersect has been seed funded by members and Emurgo. , Intersect will seek funding for 2025 via a community vote from the Cardano treasury or alternative sources.

Funding Cardano & the DevTrust

Cardano has an underlying operational cost to keep the network running . This includes maintenance, upgrades, and a variety of technical innovations to ensure Cardano continues to be current and a leading blockchain.

To hold these initial operational funds, Intersect designed the Cardano Development Trust (DevTrust). This is a fund that’s mandated to only use its funds for the benefit and development of the Cardano blockchain. The DevTrust acts as a vehicle to support and fund the continuity & vision contracts, and other commitments (such as grants). Intersect’s mandate is to administer the DevTrust to fulfil contractual agreements and earn service fees to support its operations.