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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Senator Blumenthal Seeks Information from Cantor Fitzgerald on Tether Dealings

Senator Richard Blumenthal has requested Cantor Fitzgerald to provide records related to its business relationship with Tether, focusing on the financial gains of Commerce Secretary Howard Lutnick's family.

user avatarSatoshi Nakamura

Ledger Halts Sales Amid Fund Loss Investigations

Ledger has paused sales and shipments of its hardware wallets after reports of fund losses from customers in Southeast Asia who purchased devices from CryptoBilis.

user avatarJesper Sørensen

Project Eleven and Quantus Collaborate on Strongpoint for Future Crypto Custody

Project Eleven has partnered with Quantus to enhance crypto custody solutions through the integration of the Quantus Network into Strongpoint, targeting support for post-quantum cryptography by Q1 2027.

user avatarRajesh Kumar

Sui and Alibaba Cloud Collaborate on AI Agent Payment Integration

Sui and Alibaba Cloud are developing a payment model for AI agents to autonomously pay for cloud services using stablecoins.

user avatarLucas Weissmann

Moscow Exchange to Launch Cryptocurrency Trading on December 1

Moscow Exchange is set to begin offering cryptocurrency trading on December 1, 2023, following a new regulatory framework in Russia.

user avatarFilippo Romano

OSL Group Launches Tokenized USDGO Plus SP Fund

OSL Group has successfully tokenized the USDGO Plus SP fund, providing custody and distribution through its licensed platform in Hong Kong.

user avatarEmily Carter

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.