• 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

Background on SEC Lawsuit Against Justin Sun and Its Implications

chest

Background on SEC lawsuit against Justin Sun and its implications.

user avatarLuis Flores

Avalanche (AVAX) Demonstrates Real-World Impact with Stablecoin Launch

chest

Avalanche is showcasing its practical applications with the launch of a stablecoin and partnerships for tracking global food supplies.

user avatarArif Mukhtar

OTC Trading Growth Reflects Maturation of Cryptocurrency Markets

chest

The growth of OTC trading is seen as evidence of market maturation rather than fragmentation.

user avatarZainab Kamara

Surge in OTC Trading Volumes Signals Shift in Cryptocurrency Market Dynamics

chest

The cryptocurrency industry is experiencing a transformation with OTC trading volumes surging by 109% year over year, indicating a shift in institutional trading dynamics.

user avatarAndrew Smith

Delaware Court Rules on Clawback Complexities Involving Justin Sun

chest

A Delaware court ruled on complexities related to clawback actions involving Justin Sun, impacting FTX's recovery efforts.

user avatarJacob Williams

Strategic Implications of AI Talent Redistribution

chest

The movement of AI talent is reshaping safety standards and development trajectories in the industry.

user avatarSon Min-ho

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.