Cardano Enterprise
Adoption.
This proposal funds Phase 2 of a production Cardano-native ticketing system — a secondary marketplace with royalty enforcement, anti-scalping controls, and wallet onboarding for 200,000+ users. Phase 1 is already live on mainnet. Paid for by Sellout.
₳700,000
Milestone-based + 20% performance unlock
₳560K base execution. ₳140K released only on verifiable on-chain results.
Secondary marketplace + royalties + anti-scalping + 200K wallet onboarding
50K+ tickets, 100K+ transactions, $6M+ revenue, 25K+ wallets
What this proposal funds.
This treasury withdrawal funds Phase 2 of a production Cardano-native ticketing system operated by Sellout.io and built by Anvil. Phase 1 — on-chain event creation, CIP-68 ticket minting, transfers, and attendance verification — is already live on mainnet, funded entirely by Sellout.
Phase 2 delivers a secondary marketplace with royalty enforcement, anti-scalping controls, organizer tools, and wallet onboarding for 200,000+ existing users. The anchor deployment is the Yellowstone Club 2026 concert series — $6M+ in projected on-chain ticket revenue.
The requested ₳700,000 is administered by Intersect with milestone-based disbursement. ₳140,000 (20%) releases only on verifiable on-chain results.
Why Cardano needs this.
Cardano needs real businesses generating sustained on-chain activity — not marketing partnerships, not testnet demos, not speculative grants. Sellout is an operating Web2 platform with 200,000+ users that has already committed to migrating 100% of its ticketing to Cardano.
Sustained transaction volume
Every ticket sale, transfer, resale, and check-in is an on-chain transaction. This is recurring, not one-time.
Real wallet onboarding at scale
200,000+ existing users who bought real tickets before blockchain was involved. Non-crypto users becoming Cardano users.
Real ticket revenue from a single partnership. More venues and events compound this over time.
A use case everyone understands
Not DeFi. Not NFT art. Concert tickets. Something every person on earth has bought.
Other L1s spend hundreds of millions for enterprise partnerships. Cardano gets a real integration for 700K ADA because the business already exists.
Phase 2: The marketplace that completes the system.
Secondary marketplace
A Cardano-native marketplace where fans can list, buy, and settle ticket resales — all on-chain. Core listing, purchasing, and settlement flows integrated with Phase 1 ticketing infrastructure.
Royalty enforcement
Artists and venues receive automatic royalty splits every time a ticket resells. Enforced at the smart contract level — not a promise, a protocol guarantee.
Anti-scalping controls
Price ceilings, fair resale rules, and transfer restrictions configurable by organizers. Scalpers can’t extract value because the rules are embedded in the ticket itself.
Wallet onboarding for 200K+ users
Every Sellout user gets a Cardano wallet through custodial flows — no seed phrases, no friction. They can export to non-custodial later if they choose.
Organizer tools & visualization
Visual components for ticket history, transfers, and attendance. Organizer-facing controls for resale parameters. Support tools for verification and state review.
Where every ADA goes.
Marketplace Architecture & Design — ₳190,000
Blueprint, royalty logic, anti-scalping mechanisms, UX flows, integration planning.
Core Development (Testnet + Mainnet) — ₳210,000
Marketplace implementation, listing/purchase/settlement flows, royalty execution, mobile-first UX.
Organizer Tools & Visualization — ₳150,000
Data visualization, organizer controls, support workflows, integrator documentation.
Mainnet Deployment & Integration — ₳80,000
Production deployment, Sellout backend integration, monitoring, live event readiness.
Launch, Marketing & Reporting — ₳70,000
Press releases, social campaigns, AMA, educational materials, governance report.
Performance Unlock Pool — ₳140,000
Released only on verifiable on-chain results. 50K tickets, 100K txns, $6M revenue, 25K wallets.
₳140,000 released only on verifiable results.
50,000+ NFT tickets minted on mainnet
100,000+ on-chain transactions
$6,000,000+ ticket revenue processed on-chain
25,000+ new Cardano wallets onboarded
Marketplace live with resale + royalty enforcement
8 months. 5 milestones.
Mo 1–2
Marketplace & Royalty Framework Design
Architecture, resale ruleset, UX flows, integration plans, Sellout marketplace design.
₳140,000
Mo 3–4
Marketplace Implementation (Testnet)
MVP on testnet. Listing, buying, transferring. Royalty and resale rules enforced. Mobile-first. QA complete.
₳168,000
Mo 5–6
Organizer Tools & Visualization
Data visualization, organizer resale config, support tools, public documentation for integrators.
₳112,000
Mo 7
Mainnet Deployment & Full Integration
Marketplace on mainnet. Sellout production backend. Live resale flows. Monitoring for first events.
₳70,000
Mo 8
Launch, Marketing & Performance Verification
Public launch. Press + social campaigns. Educational materials. On-chain metrics validation. Governance report.
₳70,000 + ₳140,000 performance unlock
How treasury risk is structurally bounded.
Already delivered — technical risk eliminated
The hardest part is done. Phase 2 extends a working system.
Sellout funded Phase 1 entirely
Real skin in the game. The business is committed.
No delivery = no payment
Funds gate on verified milestone completion.
₳140K locked until on-chain proof
20% releases only on independently verified metrics.
Yellowstone Club committed
$6M+ in revenue already scheduled. Not speculative.
Intersect-administered, Sundae Labs smart contracts
TRSC/PSSC framework. Oversight: Sundae Labs, CF, Dquadrant, Xerberus, NMKR.
Covers constitutional requirements per Article IV sections 4 and 5. Neither entity has received treasury funds in the past 2 years. Full constitutionality disclosures in the downloadable proposal.