• 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

Made with AI


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.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Emergence of New Luddite Movement Against AI Data Centers

chest

Tennessee state Rep Justin Pearson has emerged as a leading voice in the New Luddite movement, advocating for moratoriums on data centers and stricter oversight of AI technology.

user avatarArif Mukhtar

Nationwide Protests Against AI Data Centers Lead to Arrests

chest

At least 37 individuals have been arrested during protests against AI data centers across the United States this year.

user avatarMaria Gutierrez

Coinkite's Technical Analysis Reveals Coldcard Vulnerability

chest

Coinkite published a technical backgrounder explaining the vulnerability that led to the Bitcoin theft from Coldcard wallets.

user avatarDavid Robinson

Cardano ADA Sees Notable Price Surge.

chest

Cardano ADA has experienced a significant price rally, with a 62% increase in the last 24 hours, driven by community support and whale accumulation.

user avatarAndrew Smith

Bitmine Immersion Technologies Increases Its Ethereum Assets.

chest

Bitmine Immersion Technologies has purchased an additional 10,399 ETH, bringing its total to 5,797,813 ETH.

user avatarJacob Williams

Google's Stock Expected to Rise

chest

Google's parent company, Alphabet, is anticipated to deliver great returns as AI technology advances.

user avatarAyman Ben Youssef

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.