Dora Factory Airdrops DORA Tokens to 1 Million Cosmos Hub Stakers to Boost Participation in Governance and Decentralized Funding Activities

Dora Factory focuses on decentralized governance and public goods funding tools. The company has developed technologies like Dora Vota and Public Good Staking to enhance decentralized governance.

Blockchain infrastructure provider Dora Factory has airdropped its native DORA token to over 1 million Cosmos Hub stakers on June 5 to boost participation in the ecosystem’s governance and decentralized funding activities.

Dora Factory is a company that focuses on decentralized governance and public goods funding tools. They have developed technologies like Dora Vota and Public Good Staking to enhance decentralized governance.

The project stated that following the airdrop, Cosmos communities will be able to participate in the ATOM Economic Zone (AEZ) quadratic funding program — an initiative that Dora Factory is spearheading together with DoraHacks and Atom Accelerator DAO. This campaign aims to mobilize decentralized communities to support public goods projects through fundraising.

To participate, Cosmos users will be able to use their ATOM tokens to vote and donate to the public goods teams that they want to support. The initiative will see early-stage projects and teams being supported, and an 80,000 ATOM and $200,000 USDC matching pool will be allocated over ten rounds of AEZ Quadratic Funding and MACI voting. The smart contracts for this voting round will be on the Dora Vota network, which will allow the community to use the airdropped DORA tokens as gas fees.

The team highlighted that the campaign is more than just about distributing the reward pool to early-stage projects and vital public goods in AEZ. They stated that it is also a democratic governance experiment that is designed to harness the community’s power to support public goods and promising developers.

In another development, Dora Factory has launched an innovative on-chain voting system with enhanced privacy features, which is called Minimal Anti-Collusion Infrastructure (MACI). This system will allow community members to vote and review projects anonymously, while keeping their addresses concealed.

The team stated that they have whitelisted a record 1 million addresses to participate in testing MACI privacy voting and will be distributing $20,000 in USDC stablecoin to the selected teams. All voting fees for this round will be covered by Dora Factory through Dora Vota’s native Gas Station feature.

MACI voting has the potential to revolutionize on-chain governance for the Cosmos community and other blockchains, making decentralized governance more efficient and cost-effective.

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