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Dirt Factory

dirtfactory

**SINGAPORE, SIngapore, June 6th, 2024/Chainwire/--**Dora Factory, the pioneering infrastructure of decentralized governance technology and public good funding, announces the gas fee airdrop of its native token, $DORA, to all ATOM stakers on June 5, 2024. Over one million addresses are eligible to receive $DORA token, with the airdrop campaign inviting the Cosmos community to participate in the governance of its democratic public goods funding program, the ATOM Economic Zone Quadratic Funding, on DoraHacks.io. With 1.04 million addresses whitelisted, the privacy voting round implemented by the Dora team will be the largest MACI (Minimum Anti Collusion Infrastructure) voting round ever. 1.04 Million ATOM Stakers Are Eligible For The Airdrop On June 5, all ATOM stakers have received $DORA tokens in their wallets. $DORA is the native token of Dora Vota, a decentralized governance application chain developed by the Dora Factory using the Cosmos SDK. This airdrop is one of the largest in history. With over one million addresses, Dora Factory aims to mobilize the Cosmos community, known for its passion for decentralized governance, to participate in a crucial public goods governance experiment for the community. Empowering Community With AEZ Funding And MACI Voting After receiving the airdrop, Cosmos communities can participate in the ATOM Economic Zone (AEZ) quadratic funding initiative jointly launched by DoraHacks, Dora Factory, and ATOM Accelerator DAO. They can use ATOM to vote for and donate to public goods teams they value, support early-stage developers, and determine the distribution of an 80,000 ATOM and $200,000 USDC matching pool across 10 rounds of AEZ Quadratic Funding and MACI voting. The smart contracts for this quadratic voting round are deployed on the Dora Vota network, and the community can use $DORA to cover gas fees. This campaign goes beyond merely distributing the reward pool to early-stage projects and essential public goods in AEZ in the first round; it is a democratic governance experiment designed to mobilize community power in supporting public goods and promising early-stage developers. The quadratic funding mechanism ensures that even small donations from community members have a substantial impact. MACI Voting With Enshrined Privacy Dora Factory invites community members to participate in MACI (Minimal Anti-Collusion Infrastructure) privacy voting, distributing a $20,000 USDC prize pool to selected teams. Unlike traditional quadratic voting, this method allows voters to express their opinions on public goods without revealing their identity (address). Addresses with more ATOM staked will receive more Voice Credits (voting power). Through MACI voting, Dora Factory aims to introduce cutting-edge privacy-enabled voting technology to the Cosmos community. This initiative marks the beginning of integrating secure, private, and anti-collusion technologies into a wider range of governance use cases in the future. Dora Factory's Dedication To ensure every community member can participate in MACI voting without concerns, Dora Factory will implement Dora Vota's native Gas Station feature to cover all voting fees for the MACI voting round. This fee subsidy represents Dora Factory's commitment to the community outlined in Cosmos Governance Proposal 917. A Historical Community Governance Ceremony With the quadratic funding module now natively implemented on Dora Vota for the Cosmos Hub, Cosmos has the potential to become one of the largest on-chain communities that supports public goods. The first round of the two-year quadratic funding plan for the ATOM Economic Zone commencing in June 2024 has attracted numerous outstanding projects and awaits the attention and support of community members. The Largest Privacy-Preserving Governance Experiment MACI implementation is a groundbreaking step for the Cosmos community, as its first privacy voting attempt. Dora Factory has whitelisted over 1 million addresses, setting a new record for the largest whitelist, and marking the largest voting experiment in MACI's history. The Dora Factory team is excited to invite the Cosmos community to create a historic moment collectively. About Dora Factory Dora Factory is at the forefront of decentralized governance protocol stacks, providing governance and long-term incentives for the global hacker movement, open-source communities, and decentralized organizations through Public Good Staking and Dora Vota. The platform has pioneered the development of public good staking infrastructure, revolutionizing the way developers are funded long-term in the PoS ecosystem. Additionally, Dora Vota offers a comprehensive decentralized governance platform, enabling users to create programmable governance mechanisms such as MACI and quadratic voting through its open platform. This reduces the cost of decentralized governance, laying a solid foundation for its widespread adoption. To better understand and try the products of Dora Factory, users can visit DoraFactory.org. Users can visit Dora Research Blog for more details: research.dorahacks.io Contact Contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **SINGAPORE, SIngapore, June 6th, 2024/Chainwire/--**Dora Factory, the pioneering infrastructure of decentralized governance technology and public good funding, announces the gas fee airdrop of its native token, $DORA, to all ATOM stakers on June 5, 2024. Over one million addresses are eligible to receive $DORA token, with the airdrop campaign inviting the Cosmos community to participate in the governance of its democratic public goods funding program, the ATOM Economic Zone Quadratic Funding, on DoraHacks.io. With 1.04 million addresses whitelisted, the privacy voting round implemented by the Dora team will be the largest MACI (Minimum Anti Collusion Infrastructure) voting round ever. 1.04 Million ATOM Stakers Are Eligible For The Airdrop On June 5, all ATOM stakers have received $DORA tokens in their wallets. $DORA is the native token of Dora Vota, a decentralized governance application chain developed by the Dora Factory using the Cosmos SDK. This airdrop is one of the largest in history. With over one million addresses, Dora Factory aims to mobilize the Cosmos community, known for its passion for decentralized governance, to participate in a crucial public goods governance experiment for the community. Empowering Community With AEZ Funding And MACI Voting After receiving the airdrop, Cosmos communities can participate in the ATOM Economic Zone (AEZ) quadratic funding initiative jointly launched by DoraHacks , Dora Factory, and ATOM Accelerator DAO . DoraHacks DoraHacks ATOM Accelerator DAO ATOM Accelerator DAO They can use ATOM to vote for and donate to public goods teams they value, support early-stage developers, and determine the distribution of an 80,000 ATOM and $200,000 USDC matching pool across 10 rounds of AEZ Quadratic Funding and MACI voting. The smart contracts for this quadratic voting round are deployed on the Dora Vota network, and the community can use $DORA to cover gas fees. This campaign goes beyond merely distributing the reward pool to early-stage projects and essential public goods in AEZ in the first round; it is a democratic governance experiment designed to mobilize community power in supporting public goods and promising early-stage developers. The quadratic funding mechanism ensures that even small donations from community members have a substantial impact. MACI Voting With Enshrined Privacy Dora Factory invites community members to participate in MACI (Minimal Anti-Collusion Infrastructure) privacy voting, distributing a $20,000 USDC prize pool to selected teams. Unlike traditional quadratic voting, this method allows voters to express their opinions on public goods without revealing their identity (address). Addresses with more ATOM staked will receive more Voice Credits (voting power). Through MACI voting, Dora Factory aims to introduce cutting-edge privacy-enabled voting technology to the Cosmos community. This initiative marks the beginning of integrating secure, private, and anti-collusion technologies into a wider range of governance use cases in the future. Dora Factory's Dedication To ensure every community member can participate in MACI voting without concerns, Dora Factory will implement Dora Vota's native Gas Station feature to cover all voting fees for the MACI voting round. This fee subsidy represents Dora Factory's commitment to the community outlined in Cosmos Governance Proposal 917 . Cosmos Governance Proposal 917 Cosmos Governance Proposal 917 A Historical Community Governance Ceremony With the quadratic funding module now natively implemented on Dora Vota for the Cosmos Hub, Cosmos has the potential to become one of the largest on-chain communities that supports public goods. The first round of the two-year quadratic funding plan for the ATOM Economic Zone commencing in June 2024 has attracted numerous outstanding projects and awaits the attention and support of community members. The Largest Privacy-Preserving Governance Experiment MACI implementation is a groundbreaking step for the Cosmos community, as its first privacy voting attempt. Dora Factory has whitelisted over 1 million addresses, setting a new record for the largest whitelist, and marking the largest voting experiment in MACI's history. The Dora Factory team is excited to invite the Cosmos community to create a historic moment collectively. About Dora Factory Dora Factory is at the forefront of decentralized governance protocol stacks, providing governance and long-term incentives for the global hacker movement, open-source communities, and decentralized organizations through Public Good Staking and Dora Vota. Dora Factory Dora Factory The platform has pioneered the development of public good staking infrastructure, revolutionizing the way developers are funded long-term in the PoS ecosystem. Additionally, Dora Vota offers a comprehensive decentralized governance platform, enabling users to create programmable governance mechanisms such as MACI and quadratic voting through its open platform. This reduces the cost of decentralized governance, laying a solid foundation for its widespread adoption. To better understand and try the products of Dora Factory, users can visit DoraFactory.org . DoraFactory.org DoraFactory.org Users can visit Dora Research Blog for more details: research.dorahacks.io research.dorahacks.io research.dorahacks.io Contact Contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Dora Factory Announces $DORA Airdrop To Over 1 Million ATOM Stakers In Largest MACI Voting Round

**SINGAPORE, Singapore, May 23rd, 2024/Chainwire/--**Dora Factory, the leading decentralized governance infrastructure, announced the closing of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore’s UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng’s Longling Capital, and nine other renowned institutional investors joined the round. The raise will accelerate the adoption and strategic expansion of Dora Factory’s decentralized governance and public goods funding tech stack. Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include the flagship Public Good Staking infrastructure, which enables block incentive driven ecosystem funding; Dora Vota, a Cosmos SDK appchain hosting dGov protocols; anonymous MACI and general MACI, the privacy-preserving, collusion-resistant zk voting infrastructure, and the multi-chain Quadratic Governance protocol stack, the on-chain mechanism that democratizes public goods funding. Last week, the Cosmos Hub community approved governance proposal No.917 and a $1 million grant to AEZ Quadratic Grant to run ten rounds of Quadratic Funding in the next 24 months via Dora Factory’s Voting appchain, Dora Vota. All of the funding will be distributed to public good builders and start-ups in the Cosmos Hub and related ecosystems building a prosperous ATOM Economic Zone. Earlier this year, Dora Factory announced its first strategic round led by dao5, a new venture capital firm founded by former Polychain General Partner Tekin Salimi, and Whampoa Digital, co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by Lee Kim Yew and Singapore's first prime minister, Lee Kuan Yew and his wife. Prior to this, Dora Factory had raised a total of $17.5 million in 2021, with investors including Binance Labs, HashKey, and The LAO. "Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation," said Eric Zhang, Architect of Dora Factory. "We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them." Since its founding in 2020, Dora Factory has dedicated itself to the research and development of decentralized governance infrastructure and applications. Over 2,000 startups have secured $20 million in grants on-chain with Dora Factory’s infrastructure. Over 30 Web3 ecosystems, including Aptos, Celestia, Injective, Klaytn, and Akash, have worked closely with Dora Factory as their core ecosystem partner and adopted Dora Factory’s protocol stacks. Through Public Good Staking, an innovative initiative created by the Dora Factory team in 2022, they have provided long-term, block-native, sustainable funding support to public goods builders and early-stage developer teams. "The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology," said Erick Zhang, Partner of Nomad Capital. "Dora Factory has become the industry's cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment." "Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings. "With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies," commented Steve Ngok, core contributor to Dora Factory. About Dora Factory Dora Factory builds protocols and infrastructures to enable decentralized governance and efficient funding for the global hacker movement, open-source communities, and Web3 public goods. Dora Factory's flagship Public Good Staking is one of the fastest-growing multi-chain staking infrastructures, providing block-native incentives to grow the next generation of blockchains. Dora Vota is a special-purpose blockchain for decentralized governance, supporting general MACI interface, anonymous MACI, and quadratic governance rounds. To use Dora Factory products, go to DoraFactory.org. For more information, visit research.dorahacks.io Contact Community contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **SINGAPORE, Singapore, May 23rd, 2024/Chainwire/--**Dora Factory, the leading decentralized governance infrastructure, announced the closing of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore’s UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng’s Longling Capital, and nine other renowned institutional investors joined the round. The raise will accelerate the adoption and strategic expansion of Dora Factory’s decentralized governance and public goods funding tech stack. Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include the flagship Public Good Staking infrastructure, which enables block incentive driven ecosystem funding; Dora Vota, a Cosmos SDK appchain hosting dGov protocols; anonymous MACI and general MACI, the privacy-preserving, collusion-resistant zk voting infrastructure, and the multi-chain Quadratic Governance protocol stack, the on-chain mechanism that democratizes public goods funding. Last week, the Cosmos Hub community approved governance proposal No.917 and a $1 million grant to AEZ Quadratic Grant to run ten rounds of Quadratic Funding in the next 24 months via Dora Factory’s Voting appchain, Dora Vota. All of the funding will be distributed to public good builders and start-ups in the Cosmos Hub and related ecosystems building a prosperous ATOM Economic Zone. governance proposal No.917 governance proposal No.917 AEZ Quadratic Grant AEZ Quadratic Grant Earlier this year, Dora Factory announced its first strategic round led by dao5, a new venture capital firm founded by former Polychain General Partner Tekin Salimi, and Whampoa Digital , co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by Lee Kim Yew and Singapore's first prime minister, Lee Kuan Yew and his wife. Prior to this, Dora Factory had raised a total of $17.5 million in 2021, with investors including Binance Labs, HashKey, and The LAO. Whampoa Digital Whampoa Digital "Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation," said Eric Zhang, Architect of Dora Factory. "Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation," said Eric Zhang, Architect of Dora Factory. "We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them." "We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them." Since its founding in 2020, Dora Factory has dedicated itself to the research and development of decentralized governance infrastructure and applications. Over 2,000 startups have secured $20 million in grants on-chain with Dora Factory’s infrastructure. Over 30 Web3 ecosystems, including Aptos, Celestia, Injective, Klaytn, and Akash, have worked closely with Dora Factory as their core ecosystem partner and adopted Dora Factory’s protocol stacks. Through Public Good Staking, an innovative initiative created by the Dora Factory team in 2022, they have provided long-term, block-native, sustainable funding support to public goods builders and early-stage developer teams. "The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology," said Erick Zhang, Partner of Nomad Capital. "The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology," said Erick Zhang, Partner of Nomad Capital. "Dora Factory has become the industry's cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment." "Dora Factory has become the industry's cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment." "Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings. "Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings. "With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies," commented Steve Ngok, core contributor to Dora Factory. "With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies," commented Steve Ngok, core contributor to Dora Factory. About Dora Factory Dora Factory builds protocols and infrastructures to enable decentralized governance and efficient funding for the global hacker movement, open-source communities, and Web3 public goods. Dora Factory's flagship Public Good Staking is one of the fastest-growing multi-chain staking infrastructures, providing block-native incentives to grow the next generation of blockchains. Dora Vota is a special-purpose blockchain for decentralized governance, supporting general MACI interface, anonymous MACI, and quadratic governance rounds. To use Dora Factory products, go to DoraFactory.org . For more information, visit research.dorahacks.io DoraFactory.org DoraFactory.org research.dorahacks.io research.dorahacks.io Contact Community contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Dora Factory Secures $10M In Strategic Funding

SINGAPORE, Singapore, December 14th, 2023/Chainwire/--Dora Factory, a leading protocol specializing in decentralized governance and multi-chain funding for public goods, has successfully secured a new strategic investment led by dao5. This funding round, which also includes contributions from Whampoa Digital and seven other prominent investors, marks a significant expansion of Dora Factory's capabilities. This infusion of capital bolsters Dora Factory’s mission to build more advanced infrastructures for its flagship Public Good Staking products, support essential public goods funding and pioneering research, as well as enhance Dora Vota - its newly launched specialized appchain for advanced voting and decentralized governance. In conjunction with this new investment round, Dora Factory is also expanding its roster of partnerships, including launching the app-chain quadratic funding rounds for Cosmos ecosystem contributors on Dora Vota. The initiative undertaken by Dora Factory presents a stark contrast to traditional primary investment models prevalent in the crypto sphere, which are often criticized for their lack of foundational value. Dora Factory’s new strategic raise round highlights its overwhelming fundamentals built over the past 24 months. Dora Factory distinguishes itself as a model for sustainable growth and long-term viability. Over more than two years, Dora Factory has substantiated its commitment to delivering concrete results, evidenced by the impressive growth of their public good validators, expanding to more than 30 ecosystems and a total value staked soaring at over $250M. Tekin Salimi, Founder and General Partner of dao5, has commented on the strategic significance of this investment: “Dora Factory is a critical piece of decentralized governance and public goods funding infrastructure for a long list of crypto ecosystems. While many longstanding projects have been undervalued in the recent bear market, dao5 is excited to inject new capital and hands-on support services to revitalize value for the Dora community.” Peter Huo, Co-CIO of Whampoa Digital, added: “Dora Factory is akin to the Y-Combinator of the Web3 universe, but powered entirely by Web3-native protocols, ecosystems, communities, and builders in a decentralized manner. It has continuously demonstrated itself as a vital component and catalyst for facilitating innovation across each and every ecosystem it engages with. In line with our investment thesis on Web3 applications and mass adoption, we at Whampoa Digital are excited to support Dora Factory in its mission and growth ahead.” Dora Factory's approach to funding public goods across the entire industry is a remedial response to the recent trend of commercializing public goods and their funding, which often disproportionately impacts communities. Instead, Dora Factory emphasizes the intrinsic value of public goods and prioritizes sustainable funding mechanisms. Its commitment to community engagement and demonstrated impact solidify its reputation as a dependable partner to founders and the wider community. With an eye on the future, Dora Factory envisions a scenario where its public good staking is channelled towards funding frontier technologies. Leveraging its sustainable revenue streams, the protocol aims to support vital research and development in critical areas like quantum computing, space exploration and longevity research, setting itself apart as a forward-thinking leader in public goods funding and Web3 in general. Eric Zhang, Architect of Dora Factory, commented: “Dora Factory has already commenced significant efforts towards ‘frontier staking’ - bring Web3 infrastructures and funding mechanisms to support nascent space technology startups and communities. As it continues to broaden its influence and increase revenue, Dora Factory is committed to deepening its involvement in these sectors, recognizing their crucial role in shaping humanity's future.” Dora Factory exemplifies a successful model in addressing the inefficiencies of traditional funding models, pioneering a sustainable and impactful approach towards public goods support. With its proven track record, dedication to community involvement, and visionary goals, Dora Factory is uniquely positioned to significantly influence the landscape of the future of PoS ecosystems via public good staking and decentralized governance in the coming years. This strategic raise, after Dora Factory’s $17.5 million raise in 2021, will accelerate the infrastructure development and public goods funding process in the multi-chain world. About Dora Factory: Dora Factory creates protocols and tech stacks for decentralized governance, empowering the new generation of PoS networks, open-source communities and decentralized organizations through trailblazing solutions like the Public Good Staking infrastructure and Dora Vota, a special-purpose blockchain for voting and governance. To learn more about Dora Factory, please see dorafactory.org About dao5: Founded by ex-Polychain General Partner Tekin Salimi, dao5 is a $125 million experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization. About Whampoa Digital: Whampoa Digital is the Web3 VC Fund anchored by Whampoa Group, the Singapore-headquartered Whampoa Group. Whampoa Group was co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by her father, Lee Kim Yew and Singapore's first prime minister, Lee Kuan Yew and his wife. The investment group's other co-founder is Lee Han Shih, a member of the business family that co-founded Southeast Asian bank OCBC (OCBC.SI) and Lee Rubber Group, among other companies. Contact Core contributor Steve Ngok Dora Factory steve@dorafactory.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program . here

Dora Factory Closes New Strategic Raise, Announces New Ecosystem Partnerships

With millions of developers preparing to move to a more decentralized environment, the time has come to pick up the pace and reward early adopters. BNB Chain -- a community-driven, decentralized, and censorship-resistant blockchain -- is launching , a global hackathon by BNB Chain; A 50-day event packed with online workshops, in-person meetups, and Revelation $10 million in prizes and seed funding for the best competing teams. The event is designed to bring the most creative and innovative builders together, help them team up, and build something unique for the future. The Revelation Hackathon Registration is Now Open! DoraHacks will co-host the hackathon. Registrations open today to welcome new developers to the BNB Chain ecosystem. The opening ceremony of Revelation will be live-streamed to the and on BNB Chain YouTube Channel Binance Live March 21st at 15:00 p.m. UTC. Like BNB Chain, the Revelation hackathon is borderless and open to anyone with access to the internet and an interest in building projects that change lives. The hackathon will run from March 21st to May 10th for 50 days. It will consist of both online and offline events. Physical will occur in cities worldwide, including Dubai, Vietnam, Pakistan, Paris, New Delhi, Taiwan, and several locations in Latin America. meet-ups During Revelation, hackers will get a chance to join remote workshops and in-person events. The workshop and speaker session schedule will be updated here. , introducing them to the latest tools and techniques in building dApps, and connecting them with the leading teams from BNB Chain and other blockchains. The online workshops will focus on growing the hackers' knowledge and skill . Hackers will meet the BNB Chain Dev Community and projects from within and outside the BNB Chain ecosystem. The in-person events will emphasize networking and growing the community Over these 50 days, Revelation will cover competition across 6 categories, spanning from: The infrastructure required to build a to sophisticated DeFi products. MetaFi future Together, we will tackle some of the most significant challenges the industry faces today and focus on creating products that push crypto adoption forward. The possibilities are limitless, but only the best builders will be rewarded. The most talented teams can look forward to a share of $10 million in prizes and seed funding, distributed among the selected winners in 6 categories. Revelation Timeline March 21st - May 5th Project Submission: April 20th - May 10th Community Voting: May 5th to May 9th Judge Voting: May 10th, Wednesday (virtual) Grand Finale: Hacking the Biggest Issues in MetaFi and Web3 Make sure to choose your niche carefully and to give it your best. The competing teams can choose to participate in one or more of the 6 categories, but each team can win only in one category! Naturally, you'll find crossovers between the different categories, but your goal should be to focus on one track. If you're unsure which category suits you best, our teams are here to assist! The 6 tracks of the Revelation hackathon are sponsored by some of the industry's most illustrious names who are pioneering the web3 revolution. Disruptive DeFi presented by Venus , a decentralized finance (DeFi) algorithmic money market protocol on BNB Chain. With almost 2 billion unbanked people worldwide, it’s essential to build financial services that work for everyone; regardless of race, social status, or citizenship. Revelation will reward disruptive DeFi products that provide innovative and attractive financial solutions for the masses. Solutions such as highly compatible DeFi Legos, DeFi 2.0 (AMM, enhancers, extenders, derivatives), sophisticated DeFi such as liquidity staking, Everlasting options/Perpetual options,  Option Vaults,  Structured Product,  Fixed income, strategy factory product,  Stream Pay. Innovative Infra presented by Ankr , -- a Decentralized Infrastructure to Build and Earn in Web3 & Celer Network -- a blockchain interoperability protocol. Like any other enterprise, MetaFi needs a high-performance, reliable, and stable infrastructure to run seamlessly. Revelation aims to attract hackers who build secure and high-speed Web3 Infra, scaling, and interoperability solutions for BNB Smart Chain App SideChain, digital ID & naming services, Web2 API & tooling for Web3 and EVM standards & optimization. is presented by -- a leading security-focused ranking platform to analyze and monitor blockchain protocols and DeFi projects. Frontier Technologies Certik Revelation is not just about the regular crypto areas but also about exploring the unknown. We welcome teams that work on innovative solutions that adapt blockchain to solve critical problems in frontier fields. These fields include quantum computing, space governance, smart implementation of blockchain in quantum software, as well as creative integrations that explore other frontiers such as healthcare and/or artificial intelligence. NFT, GameFi and the Metaverse are presented by Kardiachain :  First Decentralized Interoperable, and Self-Optimized Blockchain Infrastructure Artists, creators, players, and collectors are vital in the crypto movement. We need teams developing advanced GameFi infra & tooling and tools that bridge Web2 games to Web3. Gaming is also among the key topics of Revelation. Here we’re looking for GameFi with sustainable tokenomics in subcategories such as MMO RPG/Strategy, DeFi Gamification, FPS (Shooting), Action-Adventure/Adventure RPGs, Sports, Simulation. apply if you’re building NFT data analytics tools and APIs, NFT Tooling that enables an easy launch of NFT projects, or creative NFT projects with another unique value proposition. In order to participate in the gaming and creator ecosystem, In addition, Revelation is also open to projects that change how we use innovative SocialFi projects such as those that enable the creator economy, fan engagement, user-generated content, and community/social engagement. social media, DAOs & dCommunities are presented by GuildFi -- the interconnected ecosystem of games, communities, and NFT assets As Web3 will be decentralized, Revelation needs teams that focus on this area of innovation as well. A decentralized future needs disruptive DAOs & DaaS (DAO-as-a-Service), DAO operating systems & tooling for treasury and governance, decentralized government (dGov) infrastructure, and last but not least, the evolution of DAO in the form of DAO 2.0: Creative Designs & MediaDAO, VentureDAO, SocialDAO, etc. Blockchain for Good is presented by HashKey --  a product that empowers institutional investors to capture investment opportunities in cryptocurrencies & blockchain technology. With the world in turmoil, we are desperately in need of tools for causes that will better the lives of those less fortunate. Revelation will reward builders focused on trustless fundraising, donation infrastructure & apps, decentralized credit & ID systems for citizens, decentralized information & education applications, and innovative Web3 implementation of traditional industries such as agriculture & energy. Revelation will also encourage teams to connect -- not only--  within the blockchain space but with other cutting-edge technologies. This opportunity will further initiate a conversation on creating technologies for emergency situations such as wars and natural disasters, which seem to, unfortunately, be happening with increased frequency. Revelation's other sponsors include some of the most dynamic web3 players, who have partnered with us to support multichain developers and development. Platinum sponsors including: AWS , DoraFactory , SkyVision , NodeReal , GSR , Animoca Brands , WOO Network , and Tranches . Biswap , Galaxy , and IVCC are gold sponsors. MathWallet , Apeswap , Wombat , NFTScan , EPNS , and Multichain are our silver sponsors. Official media partners for this hackathon will be and . Hackernoon BSC News Prizes and Seed Funding Thanks to the BNB Chain Fund and Revelation’s sponsors, the hackathon comes with massive prizes and seed funding totaling $10 million, distributed among the top hackathon teams across 6 categories. You can view the precise prize distribution for each track here . Voting Community voting begins on April 20th and concludes on May 10th. A panel will judge the projects from May 5th  to May 9th. Participating in Revelation is your chance to create something that will change the world. Stay tuned for the next updates that will further specify the timeline, in-person events, and other details. The registration for the Hackathon has already started. Don’t forget to tune into the opening ceremony Live at 3 PM UTC. ! BNB Chain Twitter Make sure to give us a follow! Useful Links: Revelation website: https://www.bnbchain.world/en/revelation-hackathon BNB Chain website: https://www.bnbchain.world/en BNB Chain Developers’ Resource: https://www.bnbchain.world/en/smartChain BNB Chain Discord: https://discord.com/invite/bnbchain Connect with BUIDLers on Discord: https://discord.gg/PCdeK2nfwh BUIDLers Guide: https://dorahacks.io/blog/buidlers-guide-revelation-hackathon/

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