Finnish hardware startup Kampela has secured funding through a Decentralized Autonomous Organization (DAO) on Polkadot, becoming the first project in the Polkadot ecosystem to receive such support.
Funding Through Polkadot
The Kampela project received funding through referenda #62, #370, and #886 on Polkadot, totaling approximately 253,000 DOTs (around $1 million). The process was fully transparent and community-driven.
Technical Features of the Device
The Kampela device operates without a battery, using only NFC technology for power. Its robust design includes 54 components and allows the device to be completely powered down when not in use, enhancing security.
Significance for the Blockchain Industry
The successful funding of Kampela through a DAO on Polkadot demonstrates how community-driven funding can foster the development of secure, user-centric devices. This achievement highlights new opportunities for decentralized funding models in hardware innovation.
Kampela has set a new standard for hardware projects funded through DAOs, paving the way for future innovations in the blockchain industry.
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