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Currently the highest volume launchpad on Cardano.

Cardano’s three founding entities received approximately 5.185 billion ADA at genesis:

@IOGroup: 2.463B ADA
@emurgo_io: 2.074B ADA
@Cardano_CF: 648M ADA

Retained ADA can earn staking rewards, which can be sold without selling the underlying stake.

For scale, 5B ADA earning 2% annually would generate approximately 8.33M ADA per month. That is an illustration, not a claim about their current combined holdings or rewards.

Spending that income does not require a fresh treasury proposal or dRep approval. When rewards are sold, the cash comes from market buyers.

ADA holders deserve to ask what they are getting in return.

Staking income is not evidence of commercial success. Selling rewards can fund salaries, programs, and institutional ambitions without demonstrating that those expenditures create enough demand to sustain the ecosystem....or benefit $ADA holders.

If that spending fails to produce adoption and economic activity, $ADA holders are effectively financing money being set on fire.

Meanwhile, independent builders who could help create that activity spend months pursuing funding, preparing proposals, and navigating uncertain decisions. Our team has experienced this firsthand.

We've spent an entire year taking part in programs that were either cancelled, or not really what they've seemed when dReps approved them.

Expecting undercapitalized teams like CSWAP to offset the massive spending by founding entities with close to zero support is a recipe for failure.

The founding entities have resources that could support ecosystem builders. The treasury has resources that can support ecosystem builders. If resources are not getting to the right places, then its tough to argue that Cardano is decentralized.

A truly decentralized ecosystem would not see so much centralized power and misspending.

Most of the credit for keeping the ecosystem alive goes to independent builders....yet we have almost no access to funding. We have to claw and scrape to get any support, while the founding entities just print money whenever they feel like it.

Now they are complaining...and going after the treasury themselves...not because they are fighting for $ADA holders, but because they are fighting for themselves.

If you hold ADA, you have every reason to demand results. They are spending your cash... and this is before a single treasury dollar is rewarded, or a single dRep even votes.

We refuse to play games, join a cabal, or pretend otherwise. This ecosystem needs to start putting its token holders first.

Support ecosystem builders. We are the only ones that can help dig Cardano out of this hole.

@yutazzz
@jasonappleton
@JaromirTesar

You heard him boys…RELEASE THE $BEAST!!! $SOLADA

$FUSH LUB $PGP Family...

LumpFun Midnight is coming soon, and every launch is paired with USDM, Moneta's dollar stablecoin issued natively on Midnight and backed 1:1.

Get your USDM on Midnight now so you're ready:
1. Get USDM on Cardano (Minswap or any Cardano DEX)
2. Open the VIA Labs bridge: midnight.anytoany.xyz
3. Connect your Cardano wallet (Eternl, Lace, VESPR, etc) and 1AM Wallet, then pick Cardano → Midnight
4. Send to your 1AM unshielded address (mn_addr…), not the shielded one.

Note: bridging takes about 50 min while VIA confirms. Track it at scan.vialabs.tech

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$PUFFLE $FUSH

….da Fush be Frush…

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Things got pretty dark for HomoSNEKsual RainbowPride SNEK after $SOLADA came to Cardano…he had to do some uh, questionable things to get by…word is he’s hooked on meth & no longer has internet. So to help himself out, he started:

$HOMO on Solada, 100% paid in… $COCK

Run Away From the Mob music.youtube.com/watch?v=D3pjTp… via @youtubemusic

It was good to see @jasonappleton engaging with my post on his YouTube stream. Since I couldn’t respond live, here’s my response:

youtube.com/live/w60hJYAa7…

Jason, we agree on a lot. I understand your frustration with projects that promise compelling visions and then fail to execute or launch with poor tokenomics. Accountability matters.

Where we disagree is how to create it, who should face it, and what will attract capable builders to Cardano.

- Accountability

The same scrutiny applied to small teams seeking funding should apply to the founding entities and major infrastructure providers.

Staking rewards from large ADA holders can support ongoing operations outside treasury votes. ADA holders deserve clear reporting on spending, priorities, and results across those funding sources.

How much new adoption, outside capital, and commercial activity is that spending producing?

- Builder treatment

Independent founders already carry substantial commercial risk. Funding conditions should help them build successful businesses.

If accessing capital requires navigating endless political relationships and bureaucracy, capable teams will build where they can move faster and find better support. Cardano competes for those teams.

- The role of dReps

Delegated voting power does not automatically confer expertise in venture investing or operating a business.

Good investors contribute capital, connections, commercial judgment, and relevant experience. Due diligence and reporting are reasonable. Giving dReps broad authority to direct independent businesses or seize underperforming projects would make the ecosystem less attractive to founders and outside investors.

- Why venture funding is difficult

Decentralization alone does not explain the difficulty Cardano projects face raising capital. Investors also evaluate the addressable market, users, liquidity, distribution, and potential returns.

A product confined to a small market has a harder path to venture-scale success. Products that can reach customers and capital across ecosystems have a broader opportunity.

- Funding structures matter

Early-stage companies need capital to develop products, acquire customers, and grow. Revenue-sharing obligations can consume that capital before a business has reached scale.

Any proposed structure needs to account for that. Funding terms should make promising companies more investable and give them room to succeed.

- BTC Karma

We built @btc_karma to bring Bitcoin capital to Cardano, and we have already demonstrated Phase 1 execution on mainnet.

Our next phase requires institutional capital and partnerships. We are competing with substantially better-funded companies, so access to capital directly affects our ability to execute.

I want that success to benefit Cardano. But we cannot make the business dependent on an indefinite political funding process. If the capital and partnerships are available on Ethereum or elsewhere, we will pursue them.

That is a commercial decision founders have to make.

Cardano needs successful businesses that attract users, capital, and revenue. Its funding approach should give capable teams a compelling reason to build and stay.

They were made for a reason…

…support the little guy & just SEE what happens…I promise you, you won’t be disappointed in my generosity to supports…ask my holders…

$PUFFLE $FUSH

Crow follows me…a true OG….

Yo, I give YOU BOTH equal respect…

Look into $CSWAP….the Cabal that is RUINING the potential of cardano:native is also trying to squeeze GOOD people (like @CSWAP_Destroy) OUT…

People with your voice NEED to stand up & draw attention to this OBVIOUS inequality…& frankly…a repetition of the current financial system…which is basically why we’re all here…

In short, if we don’t support the REAL builders, they will FLIPPIN’ LEAVE!

Thank Christ these guys are to ethical to leave all us $CSWAP investors high & dry, so they’ve tied all their products together…brilliant, what a synergy…

Just needs someone like you @jasonappleton to shine the appropriate light on things…

Much love brother,
~Kev

Why would capable builders accept debt to build on Cardano when other ecosystems offer equity funding and better growth opportunities? Equity investors share the venture risk. Debt adds a repayment obligation while commercial success is still uncertain.

I’ve asked Orion for $350k at an $8m pre-money valuation for BTC Karma. We have a live product w/ Bitcoin TVL and a team with five years of experience delivering on Cardano. It's an insane deal for Cardano, and I truly hope they accept it.

Compare that with @HoneyB_BTC’s reported $5m raise at a $30m post-money valuation. They have no live product and no Bitcoin TVL. We’re pursuing similar Bitcoin yield opportunities, yet we’re asking for a fraction of the capital at a substantially lower valuation...even though our project is in many ways further along.

Why is our ask lower? Because DD is the only VC who will invest in Cardano projects. Building on Cardano can not mean accepting less capital, lower valuations, and repayment obligations on top of the commercial risk!

I'll tell you exactly what I'm going to do if this isn't funded. I will submit a DTW and if that fails I'm moving the product to ethereum. There's only so much I can do to help Cardano while ftes and infra builders live high off the hog.

Why should we have to repay treasury funding while infrastructure providers don’t? We are putting our time, capital, and livelihoods at risk. Successful dapps bring users, transactions, liquidity, and demand for the infrastructure the treasury funds. This is what Cardano needs.

Infrastructure needs businesses that use it. Funding more infrastructure while making commercial development economically unattractive undermines the ecosystem and ADA holders in parallel.

The treasury should prioritize measurable ecosystem growth, with accountability across all spending categories. Independent builders are a convenient scapegoat for a funding strategy that has failed to put commercial adoption first.

This has got to change if we want Cardano to win. I certainly want Cardano to win. Including the dReps who have sacrificed their time. Growth is the only way forward. Asking us to shoulder even more burden is not going to work.

Ever have one of those dreams that just felt so real @soladafun @beastives_ @spectrumrainbow?

itz halloween night an da fear index iz stuck at 30!! dis fush went trick-or-treatin an da market only handed out fear... good thing da pond hands out candy instead!! wetarded an trick-or-treatin!! da pond iz open, come grab a treat.

$MEPE BE BWOWING UP!!!

$FUSH support all da builders on cardano:native & solana:So11111111111111111111111111111111111111112 …because:

“Those who swim together, win together!” 🐡😎🚀🍾🥂

Why yu no lub da Fush…evvyone lub da Fush…

….even @Cryptofly777 air gurl lub da Fush….

@LaPetiteADA too…AND @pump_okLaly

No to mentioning, @AdaBrooksie me @CockCoin_ADA fam…

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$FUSH da Puffle Fush make’d a coin!!! 🐡

Buy on @soladafun on Cardano cardano:native or @Pumpfun … solana:So11111111111111111111111111111111111111112 will never be da same! WETS GET WETARDED!!!! 🐡🍾

Diss $PUFFLE’s new wapper fwen…

….he bessest mumble wapper, EVAR!!!

DReps, as a VB with Cardano products, we strongly prefer independent professionals designing future budgets.

@BCG @Deloitte, let’s bring in experienced consultants with disclosed conflicts, measurable targets, and accountability to $ADA holders. Spending with positive ROI only.