Flow GrantDAO Officially Launches in Partnership with DoraHacks

opening a new funding channel for developers building in the Flow ecosystem. Projects can now be submitted via DoraHacks and receive funding through on-chain MACI (Minimum Anti-Collusion Infrastructure) community voting

Flow blockchain has officially launched the Flow GrantDAO in partnership with DoraHacks, a leading Web3 developer community and hackathon organizer, to open a new funding channel for developers building in the Flow ecosystem.

Projects can now be submitted via DoraHacks for the chance to receive funding through on-chain MACI (Minimum Anti-Collusion Infrastructure) community voting, ensuring a grant allocation process that is both community-driven and technologically advanced.

The Flow Grant program began in 2023 to provide funding and support for developers creating innovative dApps, protocols, and Web3 experiences on the Flow blockchain.

The program has already funded a diverse range of projects in categories such as DeFi, NFTs, gaming, and more.

Key Dates

* Submission deadline: June 30

* Community voting begins: July 7

* Winners announced: July 31

About Flow

Flow is a fast, decentralized, and developer-friendly blockchain designed as the foundation for a new generation of games, apps, and the digital assets that power them.

It is based on a unique, multi-role architecture, and designed to scale massively without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.

In contradistinction to Ethereum, which uses a proof-of-work (PoW) model, Flow employs a novel multi-level consensus architecture that enables high throughput without compromising decentralization. This separation allows different nodes in the network to perform distinct functions, thereby improving efficiency.

Flow is also designed for low-cost interaction, making it an ideal blockchain for social and entertainment applications, in contrast to other blockchains where high gas fees can hinder user experience.

Flow (FLOW) is the primary utility token of the Flow blockchain, which can be used for network governance, transaction fee payments within the Flow network, and staking.