This document doesn't follow CIP-108 or CIP-119, so there is nothing to lay out. The raw JSON is below.
Governance
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https://most-brass-sun.quicknode-ipfs.com/ipfs/QmVJm1nN7yq12DxTLHEca3nfSsFkHsHkLjVP9oiZn4PE7c
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- 1150712b080cf6bbe81d64f3d1685ed025826648e07fa06c160edc20d3e609bb
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"comment": "I am voting No on the Withdraw 4,969,231 ada for Cardano Enterprise Adoption: Ticketing Platform proposal.\n\nThis is fundamentally product development for a commercial company, with little public-good character. Sellout's marketplace is their revenue product, and a commercially sound expansion should be fundable through private capital.\n\nThe revenue-share commitment does not justify Treasury support either. It is an unbalanced structure in which the Treasury bears the failure risk in full while sharing only a limited part of the upside. \n\nThe Treasury spends 4,969,231 ADA against a repayment fixed at 1,093,231 dollars, so not even the ADA principal is protected, and the revenue-base definition and payment cadence are deferred to M1 contracting, leaving no binding recovery mechanism at the time of the vote.\n\nEven in success, the output does not flow back to the ecosystem as reusable infrastructure. The budget includes Sellout's own Web2 development, marketing, and trade-show costs, with no binding guarantee of reuse beyond Sellout.\n\nI judge this to be closer to shifting a company's costs onto the Treasury than to investing in ecosystem infrastructure, and I vote No."
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}