DoraHacks and Binance Labs co-organizing Season 3 of Binance Labs Incubation Program
Singapore, November 19th, 2021 — DoraHacks, a decentralized global developer community and open-source incentive platform, has secured $8 million in strategic investment from Binance Labs, the venture capital arm and innovation incubator of Binance.
The Dora Factory quadratic funding grant round-1 has closed on 31st Aug 2021. 8 projects from the grant have received 4885.7 DORA (~51,000 USD) of funding at the time of closing. The top five projects funded by the grant are DAOrayaki, LA DAO, EntangledQuery, Alexandria — Decentralized University, and Ethsign.
According to the Dora Factory Whitepaper, 15% of the initial DORA total supply is reserved for the Open Grant Program. The Open Grant Program supports developers and teams around the world to help build the Dora Factory infrastructure and ecosystem. We are accepting individuals and teams with strong passion and…
We are glad to update that Dora Factory has completed the second milestone of our Open Grant at Web3 Foundation — we successfully built MolochDAO v2 pallet on Substrate. The new open source pallet can be used by any Substrate chain, parachain, or a relaychain to implement MolochDAO v2 for grant DAO or venture DAO purposes.
This is the second Open Grant Dora Factory has received. The first open grant helped us implement a Substrate Quadratic Funding Grant pallet and integrated it with HackerLink, a major open source funding platform created by DoraHacks team. Under the second open grant, we implemented MolochDAO v1 and MolochDAO v2 on Substrate.
The two pallets will become two building blocks of the Dora Factory DAO-as-a-Service insfrastructure.
Today, sadly ChainSwap was cracked again by a black-hat hacker. This time, DORA tokens on ChainSwap bridges were affected. 7872 DORA tokens were stolen from the ChainSwap bridge smart contract and they were immediately sold on Uniswap.
ChainSwap team has contacted us and briefed the situation. They are actively tracking…
As the next step towards decentralizing the DORA token and building the DORA Factory infrastructure, we are launching the very first community quadratic funding grant, Dora Factory Community QF Grant (aka. the DAO Hack).
The goal of this community grant round is to incentivize and reward developers building Dora Factory…