Cardano Foundation seeks $4.99M for events in 12 cities in 2027

A treasury request for twelve cities

The Cardano Foundation has submitted a funding proposal for Cardano Global Events 2027, a programme that would give Cardano a shared presence at twelve conferences in twelve cities. The proposal was published on 4 November and asks for $4,999,155, according to the foundation's community digest of 11 November.

Each stop would include a side event or a hackathon paid for by the programme, and the proposal covers travel costs for some developers. The foundation wrote that it will not bill for its staff's working time and will not take a commission on the requested funds.

The proposal also reviews past event activity, listing 20 events from Blockchain.RIO in August 2025 to WebX Asia. The digest does not say when a decision on the request is expected.

Peras moves toward mainnet

TWEAG, the team working on Ouroboros Peras, reported that nine of the twelve milestones on its mainnet roadmap are complete. Peras is a protocol change aimed at speeding up settlement on Cardano. The team's tracking shows 76 pull requests merged, with several more under review.

On 2 November the team held a demonstration covering two months of work on design, consensus and protocol testing. A weekly report on 6 November described work on persisting volatile certificates to disk so they are not lost, and on what volatile and immutable certificate sets have in common.

Earlier updates covered voting rules, certificate sharing between nodes and the setup of a local testnet. The digest points readers to CIP-0140 and the Peras tracker for live progress.

Node 11.3 and developer outreach

Recent discussions with stake pool operators centred on Node 11.3 and the gradual rollout of Linear Leios, the digest says. It gives no deployment date.

UniHack 2026, run by CoinCeylon with the University of Kelaniya's Faculty of Computing and Technology, the Centre for Data Science and Artificial Intelligence and the CSSA, is open for registration until 17 November. Students from more than 20 universities will build on Cardano and Midnight under the theme of blockchain for practical applications. Building and workshops run until 15 December, and the final is on 17 December.

The prize pool is 500,000 LKR, split 250,000, 150,000 and 100,000 LKR among the top three. Projects must be open source under Apache 2.0 and include a two-to-four-minute demonstration. Judging weights viability and adoption over polish, according to the digest.

The 2026 State of the Cardano Developer Ecosystem survey stays open until 30 November. It takes about 15 minutes, is available in nine languages, and this year records answers on-chain linked to an Info Action. Intersect is also collecting comments on a proposed 2027 budget process, after a first information meeting on 10 November and with a second planned for December or January.