As a researcher with experience in blockchain technology and governance systems, I find Dora Factory’s gas-free airdrop of its cryptocurrency, DORA, to over one million ATOM stakers, an innovative initiative that offers the Cosmos community an opportunity to support public goods and developers through new voting technologies.
TL;DR
- Dora Factory launched a gas-free airdrop of its cryptocurrency, DORA, to over one million ATOM stakers for participation in governance and funding.
The initiative offers the Cosmos community a chance to support public goods and developers through new voting technologies.
Who Can Take Advantage?
A project developing an open infrastructure for decentralized autonomous organizations (DAOs) on Polkadot Substrate named Dora Factory declared a gas-free airdrop of its native cryptocurrency, DORA. As per information disclosed to CryptoPotato, this opportunity is extended to all those who stake ATOM, encompassing approximately one million addresses.
Members of the Cosmos community have a role in overseeing the distribution of funds for democratic public projects through the ATOM Economic Zone Quadratic Funding program as part of the airdrop campaign. The upcoming privacy voting event organized by Dora Factory’s team is predicted to establish an unprecedentedly large Minimum Anti Collusion Infrastructure (MACI) system.
According to the recent announcement, I, along with all other ATOM stakeholders, received DORA assets in my wallet on June 5. Following this distribution, I am now able to engage in the aforementioned funding round within the Cosmos community.
As a crypto investor in the Cosmos ecosystem, I have the power to participate in governance using ATOM tokens. I can cast my votes for and donate to public goods teams that align with my values. Additionally, I can support early-stage developers through this process. Furthermore, I play a role in determining how an 80,000 ATOM and $200,000 USDC matching pool will be distributed across ten funding rounds for AEZ Quadratic Funding and MACI voting.
In simple terms, the quadratic voting contracts have been set up on the Dora Vota blockchain, enabling the community to utilize DORA to pay for the transaction costs.
As a researcher involved in the blockchain project, I’m excited to share that we’re working on implementing advanced privacy-focused voting solutions for the Cosmos community through MACI voting. This initiative represents an essential first step towards incorporating robust, confidential, and collusion-resistant technologies into various governance scenarios in the future.
Support of Public Goods
As a researcher exploring the Cosmos Hub ecosystem, I’d describe the quadratic funding module, uniquely developed by Dora Factory, as a powerful tool that could propel Cosmos into being among the most substantial on-chain communities dedicated to public good initiatives.
In June 2024, the initial phase of a two-year quadrant financing scheme for the ATOM Economic Zone will begin. This stage has drawn in many exceptional projects and now calls for the involvement and backing of the community.
Read More
- CKB PREDICTION. CKB cryptocurrency
- EUR INR PREDICTION
- PBX PREDICTION. PBX cryptocurrency
- IMX PREDICTION. IMX cryptocurrency
- PENDLE PREDICTION. PENDLE cryptocurrency
- USD VND PREDICTION
- TANK PREDICTION. TANK cryptocurrency
- USD DKK PREDICTION
- ICP PREDICTION. ICP cryptocurrency
- GEAR PREDICTION. GEAR cryptocurrency
2024-06-06 13:07