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+100%

Price change (24h)

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About Dora Factory

What is Dora Factory (old)?

Dora Factory (old) (DORA) is a multi-chain DAO-as-a-Service open infrastructure built on Substrate. It aims to provide a platform where developers can create features related to on-chain governance, such as quadratic voting and bonding curve fundraising. These features can be deployed by DAOs launched on Dora Factory, compensating the developers in a SaaS model. DORA, the token of Dora Factory, can be utilized across Dora Grant DAOs and Dora infrastructures. Dora Factory's first batch of key pallets was developed by HackerLink, DoraHacks' blockchain developer platform, which offers blockchain-based tools to foster blockchain open-source innovation.

How does Dora Factory (old) work?

Dora Factory (old) operates by providing a platform where developers can create and deploy features related to on-chain governance. These features are built as pallets on the Dora Factory infrastructure. When DAOs launched on Dora Factory deploy these pallets, the developers are compensated. Dora Factory also has a token, DORA, which can be utilized across Dora Grant DAOs and Dora infrastructures. Additionally, Dora Factory offers a governance voice credit, vcDORA, for open-community grant DAOs. This credit can be accessed by holding DORA tokens.

What are the potential use cases for Dora Factory (old)?

Dora Factory (old) aims to empower the global hacker movement and bring future technology to the present. It seeks to create protocols, toolings, and public good infrastructures that help open source communities and frontier tech builders to thrive. Dora Factory also aims to support the global hacker movement through public good holding and decentralized funding infrastructures. Furthermore, Dora Factory's infrastructure allows for the holding of tokens to support ecosystems, with each ecosystem having minimum and maximum periods for the holding of tokens.

What is the history of Dora Factory (old)?

Dora Factory (old) was developed as a programmable, multi-chain DAO-as-a-Service open infrastructure on Substrate. Its first batch of key pallets was developed by HackerLink, DoraHacks' blockchain developer platform. HackerLink offers blockchain-based tools such as quadratic funding, bounty, BUIDL, and online hackathons to foster blockchain open-source innovation. Dora Factory introduced its own token, DORA, which can be utilized across Dora Grant DAOs and Dora infrastructures. Over time, Dora Factory has aimed to empower the global hacker movement and bring future technology to the present by creating protocols, toolings, and public good infrastructures.

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Dora Factory is on the rise this week.

The price of Dora Factory has risen by 100.00% in the past 7 days. The price increased by 100.00% in the last 24 hours. In just the past hour, the price grew by 100.00%.

FAQ

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What other assets are similar to Dora Factory?

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Can I buy Dora Factory on Coinbase?

Yes, Dora Factory is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Dora Factory guide.

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