Cardano Weighs 9.6M ADA Proposal to Expand Blockchain Police Evidence System
- —Request: 9.6M ADA at a $0.23 planning rate, capped at $0.30 per ADA ($2.88M)
- —Existing Uttar Pradesh system logs 11,000 mainnet transactions monthly, 156,000 total
- —PFMS projected to add 1.5M transactions in year one, lifting network activity 18.2%
- —Cardano Treasury would take 70% of verification revenue, 20% funds core libraries
Why it matters: Approval would validate public-sector demand for Cardano, while rejection would signal the community is not yet ready to fund such deployments from the treasury.
Source: The Crypto Basic