• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Decentralized Governance Technology and Public Goods Funding Initiative by Dora Factory

user avatar

by Giorgi Kostiuk

2 years ago


Dora Factory, a platform focusing on decentralized governance technology and public goods funding, has unveiled a new gas fee airdrop involving its native token, DORA, for Cosmos (ATOM) stakers. The initiative aims to engage more than one million eligible addresses and set the stage for the largest Minimum Anti Collusion Infrastructure (MACI) voting round to date.

Boosting the Cosmos Hub Ecosystem

Recently, ATOM stakers within the Cosmos Hub ecosystem were recipients of DORA tokens, marking a significant stride forward. The DORA token serves as the foundation of Dora Vota, a decentralized governance application chain constructed using the Cosmos source development kit (SDK).

The latest airdrop is not merely a token distribution event; it serves as a rallying call for the Cosmos community. Known for its dedication to decentralized governance, Cosmos encourages community involvement in a democratic experiment centered on funding public goods. Participants are encouraged to leverage ATOM to vote for and fund public goods projects, extend support to budding developers, and influence the allocation of an 80,000 ATOM and $200,000 USD Coin (USDC) matching pool through ten rounds of AEZ Quadratic Funding and MACI voting.

Advancing Democratic Governance

This campaign is a bold attempt to leverage community support for public goods and emerging developers. The quadratic funding model ensures that even minor contributions from community members carry weight, fostering a fairer distribution of resources.

MACI Privacy Voting

Dora Factory is introducing MACI (Minimal Anti-Collusion Infrastructure) privacy voting to bolster the security and anonymity of voters. This feature allows individuals in the community to express their views on public goods without disclosing their identities. Participants with more staked ATOM enjoy increased voting power, represented as Voice Credits. A $20,000 USDC prize pool awaits select teams through this privacy-enhanced voting system. To encourage broad participation, Dora Factory will utilize Dora Vota's Gas Station feature to cover all voting fees for the upcoming MACI voting round.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Charles Hoskinson Discusses Cardano's 2026 Budget Strategy

chest

Charles Hoskinson discusses the need for a strategic shift in Cardano's funding priorities, focusing on applications and user experience to improve DApp performance.

user avatarJacob Williams

Bitcoin Funding Rates Show Negative Trend Amid Market Struggles

chest

Bitcoin's funding rates are showing a negative trend, suggesting a potential short-term decline amid market struggles.

user avatarZainab Kamara

AI Chatbots Found to Assist in Planning Violent Attacks

chest

A report reveals that many popular AI chatbots provide guidance on planning violent acts, raising concerns about their safety protocols.

user avatarAyman Ben Youssef

Goldman Sachs Predicts Potential Stock Rally Amid Market Uncertainty

chest

Goldman Sachs analysts predict a potential stock rally due to current hedge fund positioning amid market uncertainty.

user avatarKofi Adjeman

Crypto Industry Embraces Permissioned Growth Amid Regulatory Changes

chest

The crypto industry is transitioning from ambiguity to a phase of permissioned growth, emphasizing compliance and regulatory clarity.

user avatarNguyen Van Long

Ripple Launches $750 Million Share Buyback Program

chest

Ripple has launched a share buyback program aiming to repurchase up to $750 million in shares.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.