Dora Factory unveils groundbreaking DORA Airdrop for more than one million ATOM stakers in biggest MACI voting round to date
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Dora Factory unveils groundbreaking DORA Airdrop for more than one million ATOM stakers in biggest MACI voting round to date

June 6, 2024 – Singapore, Singapore

A massive opportunity awaits over one million addresses to receive DORA tokens through an airdrop campaign, inviting the Cosmos community to engage in the governance of the ATOM Economic Zone Quadratic Funding program on DoraHacks.io.

With 1.04 million addresses on the whitelist, the privacy voting round initiated by the Dora team is set to be the largest MACI (Minimum Anti Collusion Infrastructure) voting round ever conducted.

More than one million ATOM stakers are eligible for the airdrop, with all ATOM stakers already receiving DORA tokens in their wallets on June 5.

DORA serves as the native token for Dora Vota, a decentralized governance chain developed by Dora Factory utilizing the Cosmos SDK.

This airdrop marks a significant milestone in history, aiming to engage the passionate Cosmos community in a vital public goods governance experiment.

Enabling the community with AEZ funding and MACI voting

Following the airdrop distribution, Cosmos communities can actively participate in the ATOM economic zone quadratic funding initiative launched by DoraHacks, Dora Factory, and ATOM Accelerator DAO.

By utilizing ATOM to vote and donate to valued public goods teams, support early-stage developers, and determine the distribution of funds across 10 rounds of AEZ quadratic funding and MACI voting, community members play a crucial role in shaping the future.

Smart contracts for this initiative are deployed on the Dora Vota network, allowing the community to use DORA to cover gas fees.

This campaign goes beyond simple reward distribution, focusing on community empowerment in supporting public goods and emerging developers.

MACI voting with enhanced privacy

Dora Factory invites community members to engage in MACI (Minimal Anti-Collusion Infrastructure) privacy voting, offering a $20,000 USDC prize pool to selected teams.

Unlike traditional voting methods, MACI voting enables participants to express their opinions on public goods anonymously, with more ATOM staked equating to higher ‘voice credits’.

Through MACI voting, Dora Factory introduces cutting-edge privacy-enabled technology to the Cosmos community, paving the way for secure and anti-collusion governance mechanisms.

Dora Factory’s commitment

To ensure all community members can participate in MACI voting seamlessly, Dora Factory will cover all voting fees through Dora Vota’s native ‘gas station’ feature.

This fee subsidy underscores Dora Factory’s dedication to community support as outlined in Cosmos Governance Proposal 917.

A historic moment for community governance

With the implementation of the quadratic funding module on Dora Vota for the Cosmos Hub, Cosmos emerges as a leading on-chain community supporting public goods.

The commencement of the two-year quadratic funding plan for the ATOM economic zone in June 2024 attracts numerous projects, awaiting community attention and support.

The largest privacy-focused governance experiment

The implementation of MACI signifies a significant step for the Cosmos community, representing its first foray into privacy voting.

With over one million addresses whitelisted, Dora Factory sets a new record for the largest whitelist, marking a historic voting experiment within MACI.

Dora Factory is thrilled to invite the Cosmos community to partake in this historic moment together.

About Dora Factory

At the forefront of decentralized governance protocol stacks, Dora Factory provides governance and incentives for the global hacker movement, open-source communities, and decentralized organizations through public good staking and Dora Vota.

Revolutionizing developer funding in the PoS ecosystem, Dora Factory pioneers public good staking infrastructure, while Dora Vota offers a comprehensive decentralized governance platform enabling programmable governance mechanisms.

For more information and to explore Dora Factory’s products, visit the website or check out the Dora research blog.

Contact: Chris Lee, Dora Factory

This content is sponsored and promotional. The opinions expressed are those of the author and do not reflect those of The Daily Hodl. Investors are advised to conduct due diligence before making high-risk investments in ICOs, blockchain startups, or cryptocurrencies. Investments are at your own risk.

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