IbraQuant

#Cardano2026SummitCanceled “Cardano2026SummitCanceled” is shorthand for the news that the Cardano Summit 2026 (Cardano’s planned flagship community/event conference) has been called off. What it refers to (based on recent reporting): The Cardano Foundation confirmed the Summit 2026 cancellation after an on-chain treasury funding proposal did not reach the required two‑thirds (66.67%) approval threshold from Cardano’s delegated representatives (DReps). (theblock.co) The revised request was reported as about 7.8 million ADA (~$2M), and it reportedly received around 65% support, which is a majority but still not enough to pass under the rules. (theblock.co) The event was described as being planned for Singapore, with dates reported as October 5–6, 2026. (theblock.co) If you want, I can also check whether any replacement event, smaller regional meetups, or an online Summit has been announced since the cancellation. 1) Summarize the key reasons the vote failed 2) Explain what DReps / the 66.67% threshold means in simple terms 3) Check if there’s an alternative Cardano event planned for late 2026.