Input Output Global's (IOG's) research arm has requested funding from the Cardano community to support a 12-month R&D program for the long-term growth of the blockchain.
The proposal, titled 'Input Output Research (IOR): Cardano Vision - Work Program 2025', aims to fund 26.848 million ADA (equivalent to $13.42 million) for 56.1 full-time equivalents and associated expenses.
The five-year vision includes focus areas such as next-generation consensus, macro-level tokenomics, decentralised identity, governance overhaul, expanded Hydra layer-2 stack, and Interchains studies.
IOG highlights the need for sustained scientific and technical excellence in order to commercialize deep technologies like Web3 and keep up with the competitive field.