Buy Dora Factory (DORA)
What is Dora Factory?
Dora Factory (DORA) is an open-source DAO-as-a-Service infrastructure built on Substrate. It provides tools and services for decentralised ventures and governance, enabling the creation and management of Decentralised Autonomous Organizations (DAOs). By focusing on innovation and sustainability, Dora Factory supports developers and hackers in advancing open-source projects and blockchain governance.
How does Dora Factory work?
Dora Factory operates as a multi-chain protocol compatible with Polkadot and Ethereum networks. It combines Polkadot pallets and Ethereum smart contracts to offer comprehensive DAO management tools.
Key features include:
- Multi-chain compatibility: Supports both Polkadot and Ethereum ecosystems.
- Customisable governance mechanisms: Enables advanced governance through pallets and smart contracts.
- Public Good Staking: Funds open-source projects sustainably through staking mechanisms.
- Dora Vota: Specialised appchain for advanced voting and decentralised governance.
- Quadratic funding: Facilitates equitable funding for public goods and infrastructure.
Dora Factory leverages MACI (Minimum Anti-Collusion Infrastructure) for secure and transparent governance, ensuring fairness in decision-making processes.
What are the potential use cases for Dora Factory?
Applications:
- DAO creation and management: Simplifies the establishment of decentralised organisations.
- Blockchain governance: Provides advanced voting mechanisms for projects.
- Public goods funding: Supports open-source projects through quadratic funding.
- Cross-chain operations: Enables asset transfers and swaps across chains.
- Open-source development: Funds and sustains open-source innovations.
Industries:
- Decentralised Finance (DeFi)
- Open-source software development
- Blockchain governance
- Venture capital
- Public goods and infrastructure
Partnerships:
Dora Factory has partnered with several notable entities, including:
- Binance Labs: Strategic investment partner.
- Whampoa Digital: Funding supporter.
- dao5: Strategic investor in app-chain quadratic fundraising.
- Cosmos ecosystem: Collaboration on quadratic fundraising for app-chains.
- HackerLink: Developer of key pallets and governance tools.
What is the history of Dora Factory?
Dora Factory was developed by HackerLink, with a focus on advancing decentralised governance and public goods funding.
Key Milestones:
- 2021: Raised $17.5 million in initial funding.
- 2023: Expanded to support over 30 ecosystems.
- 2024: Secured $10 million in strategic funding led by dao5.
- Launched Dora Vota for advanced voting and governance mechanisms.
- Achieved over $250 million in total stake value through Public Good Validators.
Updates:
- Introduced app-chain quadratic fundraising rounds on Dora Vota.
- Expanded multi-chain compatibility and governance protocols.
- Enhanced Public Good Staking infrastructure for sustainable project funding.
Dora Factory continues to innovate, aiming to simplify DAO management while fostering sustainable growth for open-source initiatives and decentralised governance.
Coin Contract Addresses
Related Assets
Resources
Learn More About Dora Factory
Frequently Asked Questions (FAQs)
What is the current price of Dora Factory (DORA)?
The Dora Factory price is $0.0002685 AUD, representing a -0.21% from the day prior.
Where is the best place to buy Dora Factory (DORA) in Australia?
The best place to buy Dora Factory (DORA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Dora Factory (DORA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Dora Factory (DORA)?
The trading volume of Dora Factory (DORA) is $48.6K AUD in the last 24hrs, representing a -0.21% from the day prior.
How can I buy Dora Factory (DORA)?
Dora Factory (DORA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Dora Factory (DORA)?
The current market cap of Dora Factory (DORA) is $436.2K AUD.
Can I convert Dora Factory (DORA) to cash?
Yes - With Coinstash you can convert your Dora Factory (DORA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Dora Factory (DORA) are there?
The current circulating supply of Dora Factory (DORA) is 5.1M.
Is Coinstash a safe place to buy Dora Factory (DORA) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Dora Factory (DORA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.