Dora Factory [OLD]

What is Dora Factory?

Dora Factory is a pioneering initiative that focuses on developing protocols, tools, and infrastructure to support open source communities and frontier technology builders. It aims to create a robust digital infrastructure for the global hacker movement.

• Protocols and Toolings: Provides essential resources for community governance and tech development.
• Public Good Infrastructures: Enhances the functionality and impact of open source projects.

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Recent Video Interview

Main points of the interview:

• Dora Factory plans to conduct 10 quadratic funding rounds over the next 24 months, starting from June 2024.
• 80,000 ATOM from the Cosmos community pool and 200,000 USD were allocated for public goods.
• Dora Factory focuses on infrastructure and validator services across ecosystems, while Dora Hacks leads in hackathons and developer onboarding.

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Dora Vota

Dora Vota is designed specifically for voting and decentralized community governance. It supports various voting schemes, including MACI (Minimal Anti-collusion Infrastructure).

• Voting Rounds: Facilitates democratic decision-making for communities and organizations.
• User-Friendly Tools: Offers a GUI and CLI for easy MACI deployment and operation.

DORA and vcDORA Tokens

DORA is the native currency of Dora Factory. It is used across Dora Grant DAOs and other Dora infrastructures.

• Currency Utility: Used for transactions within the Dora ecosystem.
• Integration: Facilitates interactions with various Dora platforms.

vcDORA represents governance voice credits within open-community grant DAOs. It enables participants to have a say in funding decisions.

• Governance Participation: Allows holders to influence decisions in grant allocations.
• Community Impact: Strengthens decentralized governance.

Dora Grant DAO

Dora Grant DAO is a decentralized venture grant community that supports hackers and their projects. It operates using automated infrastructures from DoraHacks.

• Funding and Support: Provides financial backing to hackers from the DoraHacks community.
• Collective Decision-Making: Utilizes vcDORA for decision-making in funding ventures and public goods.

Vision: Unleash the Creativity of the Mass

Dora Factory and DoraHacks strive to unlock the potential of individuals worldwide by providing access to resources and knowledge, enabling them to build impactful products.

• Empowerment: Supports talented individuals who face financial or creative constraints.
• Hackathon Support: Encourages team-building and idea development.
• Decentralized Funding: Supports sustainable and innovative projects.

Project Development

The MACI voting round for AEZ Quadratic Grant Round-3 has begun. Over 1.14 million CosmosHub staking addresses can vote on distributing more than $30,000 to 14 public good projects. More details are on the offical Dora Factory twitter.

Projects in the Infrastructure Cateogry

Check out other projects in the Infrastructure category:

• Stacks: enables smart contracts and DeFi on the Bitcoin network.
• Akash Network: connects buyers and sellers in a decentralized cloud marketplace.
• Blur: a feeless NFT and crypto lending marketplace.

Dora Factory [OLD] Price Analysis

As of December 21 2024 Dora Factory [OLD] has a marketcap of $430K. This is {{percentagefromath}} from its all time high of $66.64. In terms of its tokenomics, there's a total supply of 10M with 51% currently outstanding. Keep in mind Dora Factory [OLD] has a fully diluted value of $838K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.