The Cardano Foundation has introduced a new proposal to withdraw 50 million ADA from the Treasury as the initial funding for the Orion Venture Fund. The Treasury is set to contribute $75 million, while outside investors chip in with $5 million for the fund, which will be managed by

The Cardano Foundation has introduced a new proposal to withdraw 50 million ADA from the Treasury as the initial funding for the Orion Venture Fund. The Treasury is set to contribute $75 million, while outside investors chip in with $5 million for the fund, which will be managed by

The Cardano community is voting on withdrawing 50 million ADA from the treasury to create the Orion Fund, an $80 million venture fund aimed at supporting startups and ecosystem development, with a focus on self-sustainability through returns on investments.

OpenAI is facing an unprecedented survival crisis, including technological stagnation, declining market share, financial losses, and founder disputes. The failure of the Orion project demonstrates that its technological growth has hit a bottleneck, with market share dropping from 86% to 65%, mainly replaced by Google's Gemini. Financially, losses are expected to reach as high as $14 billion in 2026, shaking investor confidence and creating future uncertainties. Additionally, founder Altman's integrity issues have also affected the company's image and talent retention.