

Cryptocurrency
Cosmos Hub Approves $1 Million Grant to Dora Factory for Quadratic Funding Initiative – Crypto News
A major event in Cosmos is the recent passing of Governance Proposal No.917: a request by Dora Factory and DoraHacks for a $1 million grant from the Cosmos Hub community treasury. This grant will support ten rounds of Quadratic Funding within the Cosmos Hub ecosystem over the next two years.

As one of the largest treasury funding applications, this proposal sparked extensive discussions within the Cosmos community and received overwhelming support. Over $1 billion worth of ATOM, including major validators and core Cosmos contributors, voted in favor. The approval rate reached 91.9%, making Gov Proposal 917 the motion with the highest approval rating in the Cosmos Hub’s history.
Following the approval of this proposal, Dora Factory, in collaboration with DoraHacks, has officially announced the second AEZ (ATOM Economic Zone) quadratic funding program, marking the launch of the first long-term funding initiative. This quadratic funding program will span two years, starting May 15, 2024, and ending May 2026.
The passing of Gov Proposal 917 brings native Quadratic Funding to the Cosmos Hub for the first time.
What is Public Goods Funding?
Public goods funding is a frequently discussed concept within the Web3 industry. Generally, public goods refer to goods or services that are available for everyone to use.
In crypto, public goods can include blockchain infrastructure, storage, developer tools, software middleware, and user-facing applications such as block explorers, data dashboards, and wallets.
Due to its inherent transparency and verifiability, crypto and blockchain are ideal tools for funding public goods.
However, web3 public goods funding also faces numerous challenges.
- Lack of coordination among the various parties involved in public goods funding (foundations, institutions, DAOs, developers, and communities).
- A shortage of sustainable and effective funding mechanisms.
- Public goods funding is often perceived as not interesting.
Enter Dora Factory, which strives to build infrastructure that enables large-scale adoption of public goods funding.
Dora Factory: Infrastructure Born for Public Goods
Dora Factory is a leading decentralised governance infrastructure and multi-chain public goods funding protocol stack, incubated and supported by DoraHacks, the industry’s developer and public goods funding platform. Its products include Public Good Staking infrastructure and Dora Vota, an appchain for voting and governance designed to empower the global Hacker Movement, open-source communities, and DAOs.
Multi-Chain Quadratic Funding: Aligning Communities and Ecosystem Builders
What is Quadratic Funding? Through native-token donations, token-holder communities can support high-quality early-stage projects and public goods within various ecosystems, fostering better collaboration among foundations, communities, and developers.
As the first and only team in the industry to develop and advocate for this approach, Dora Factory is a true leader in multi-chain quadratic funding. It has successfully deployed native quadratic funding in numerous mainstream crypto ecosystems, including BNB Chain, Solana, Polygon, Aptos, Cosmos Hub, Injective, and Avalanche.
Public Good Staking: Providing Sustainable Funding for Public Goods
In late 2022, Dora Factory introduced the concept of Public Good Staking. By operating underlying infrastructure such as validators, they earn native block rewards that are continuously used to fund multi-chain developers and public goods ecosystems.
Dora Factory has promoted public good staking in over 30 ecosystems’ mainnets and testnets, achieving a TVL (Total Value Locked) of over $400 million, providing up to $10 million in sustainable annual funding.
In the future, Dora Factory will explore ways to use cryptocurrency to fund cutting-edge technology fields like space technology, quantum computing, artificial intelligence, and biomedical research.
Community Incentive Fund: Making Public Goods Funding More Fun
Dora Factory launched the Community Incentive Fund to make the public goods funding process more engaging and fun. Top meme and NFT projects like Celestia’s Celestine Sloth Collection, Injective Ninja, Aptos Gui Inu, and Aptos Monkeys have become partners of the Community Incentive Fund. Through retroactive airdrops and gamified donations, these projects have brought more fun to public goods funding, receiving contributions and donations from nearly 100,000 unique addresses across different communities.
Anonymous Minimum Anti-Collusion Infrastructure (aMACI): Bringing Privacy Technology to On-Chain Public Goods Governance
MACI is a cryptographic technology designed to maximize the detection and elimination of collusion in voting. In 2022 and 2023, the Dora Factory team collaborated with ETHDenver, 0x, and OpenSea to introduce privacy voting to crypto hackathons. MACI has significantly improved privacy and reduced collusion in on-chain governance and voting.
In 2024, Dora Factory launched aMACI, adding voter anonymity to eliminate collusion between the vote initiator and the operator. This further enhances privacy and lowers the usage threshold of MACI voting. This is a significant step towards future large-scale decentralized voting systems.
Dora Vota: Open Infrastructure for Public Goods Funding
Dora Vota is a multi-chain governance and voting infrastructure. Vota and interoperability protocols like IBC will provide modular voting and governance infrastructure, such as plug-and-play quadratic funding modules and grant distribution mechanisms. As the first permissionless appchain focused on scaling on-chain voting, Dora Vota will offer developers a valuable playground, unlocking more possibilities for public goods funding and decentralized community governance.
Recently, Dora Factory secured strategic financing from dao5, Whampoa Digital, and angel investors like EigenLayer co-founder Calvin Liu. This is the first strategic round of a new funding series since Dora Factory’s $17.5M raise in 2021.
As Dora’s Public Good Staking grows and Vota’s ecosystem matures, the team believes Dora Factory will continue exploring new solutions to traditional funding inefficiencies, accelerating the maturity of governance and public goods funding in the multi-chain ecosystem.
-
Blockchain1 week ago
Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin? – Crypto News
-
Metaverse1 week ago
Mint AI Summit 2025: How enterprises are using AI – Crypto News
-
Blockchain1 week ago
Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin? – Crypto News
-
Blockchain1 day ago
Stablecoins Pull Away From Crypto – Crypto News
-
Metaverse1 week ago
AI democratization crucial for India’s global leadership, say experts at Mint AI Summit 2025 – Crypto News
-
Cryptocurrency1 week ago
Ripple Grants $50 Million to Nonprofit Aiming to Raise US Crypto Awareness – Crypto News
-
Technology1 week ago
Is Pi Network Price Bottom in? Top 3 Reasons Pi Coin Will Explode Higher Soon – Crypto News
-
others1 week ago
Chainlink Price Jumps Past $15 As Whale Accumulation Signals Strength – Crypto News
-
Cryptocurrency1 week ago
134K Solana unstaked and listed for sale: Decoding SOL’s road ahead – Crypto News
-
Technology3 days ago
Truemarkets Officially Launches as Prediction Market with $TRUE – Crypto News
-
Technology1 week ago
Dogecoin Price Eyes Rally As Wallet Addresses Reach All Time High – Crypto News
-
Cryptocurrency1 week ago
US crypto reserve clarification coming? Wait til Friday. – Crypto News
-
Cryptocurrency3 days ago
MOVE price hikes 7% in 24 hours, 33% up from weekly lows – What next? – Crypto News
-
Cryptocurrency1 week ago
BlockDAG Price Outpaces Bitcoin, With Potential 10,000X Growth By 2027 – Crypto News
-
Technology1 week ago
Nothing Phone 3a Pro launched at ₹29,999: Here is how it fares among 5 peers – Crypto News
-
Cryptocurrency1 week ago
Moonbirds, Reddit Founders Resurrect Social News Site Digg—With an AI Twist – Crypto News
-
others1 week ago
No surprises expected at the ECB meeting – Crypto News
-
others1 week ago
Veteran Trader Believes Bitcoin Low Is In, Says Downside Volatility Presenting Bullish Opportunities – Crypto News
-
Blockchain1 week ago
Ethereum price ‘double top’ hints at 42% drop as ETH bull market ends – Crypto News
-
others1 week ago
Dow Jones bounces as tariff threats give way to concessions – Crypto News
-
others1 week ago
Price increases ahead of tariffs could spell trouble for inflation – Crypto News
-
others1 week ago
US Government Blacklists Slew of Bitcoin and Monero Addresses Linked to Man Accused of Running Darknet Marketplace – Crypto News
-
Cryptocurrency3 days ago
BC.GAME Team Compete for Top Prizes as BC.GAME ESPORTS Expands Its Line-Up – Crypto News
-
Technology1 week ago
Best refrigerators under ₹20000 in March 2025: Top budget friendly, feature packed picks for budget conscious buyers – Crypto News
-
Cryptocurrency1 week ago
US Sanctions Iranian Operator of Nemesis Darknet Marketplace – Crypto News
-
Technology1 week ago
Analyst Predicts Ethereum Price Rally to $4K As Devs Fix Pectra Testnet Bug – Crypto News
-
Blockchain1 week ago
Bitcoin Price Suffers Bearish Deviation After Filling CME Gap, Is This Good Or Bad? – Crypto News
-
Cryptocurrency1 week ago
Tariff fears wipe out SOL’s weekend gains – Crypto News
-
Cryptocurrency1 week ago
Ethereum’s large purchase: Potential rebound or investor trick? – Crypto News
-
Technology1 week ago
Elon Musk’s Grok AI goes rogue once again, calls US President Donald Trump a Russian asset – Crypto News
-
Cryptocurrency1 week ago
What’s the strike price on Trump’s put? – Crypto News
-
Cryptocurrency1 week ago
Exclusive: Seismic raises $7M in round led by a16z Crypto – Crypto News
-
Blockchain5 days ago
XRP Price Chart Signals Trouble – Is A Drop To $1.20 Possible? – Crypto News
-
Cryptocurrency5 days ago
How Freepik Transformed From a Stock Image Platform Into a Generative AI Powerhouse – Crypto News
-
Technology3 days ago
Wayve Reportedly Ready to Roll Out Self-Driving Tech – Crypto News
-
Cryptocurrency3 days ago
California Shuts Down 26 Crypto Scam Sites Tied to $4.6 Million in Losses – Crypto News
-
Business3 days ago
Here’s Why Investors Are Revenge Shorting This Meme Coin Even After 30% Crash – Crypto News
-
Technology1 week ago
MWC 2025: From AI to smartphone penetration – 5 Things to know – Crypto News
-
Technology1 week ago
Nothing Phone 3a Pro vs Nothing Phone 3a: Should you pay extra Rs.5000? – Crypto News
-
others1 week ago
Pound Sterling strengthens against US Dollar as US ADP Employment misses estimates – Crypto News
-
Technology1 week ago
Arbitrum Price Rally 14% as Robinhood Listing Fuels Market Optimism – Crypto News
-
Blockchain1 week ago
2.23 Million Chainlink Moved To Exchanges In Two Weeks – Selling Pressure Incoming? – Crypto News
-
Business1 week ago
Here Are the Top 3 Cryptos with the Biggest Address Profitability – Crypto News
-
Blockchain1 week ago
ETHDenver 2025 includes policy at developer-centric event – Crypto News
-
Technology7 days ago
Apple MacBook Air (2025) now available at a MASSIVE ₹10,000 discount: Bank offers, sale and more – Crypto News
-
Blockchain3 days ago
3 reasons XRP might drop to $1.60 in March – Crypto News
-
Technology1 week ago
Samsung Galaxy Tab S9 FE gets ₹14,000 discount on Amazon: Check offer details – Crypto News
-
Technology1 week ago
Poco M7 vs Poco M7 Pro: Performance, camera and all key differences you need to know – Crypto News
-
Technology1 week ago
‘Proud of OpenAI team’: Sam Altman teases new technical ‘breakthrough’? – Crypto News
-
Technology1 week ago
Robert Kiyosaki Predicts Bitcoin Will Resolve American Financial Woes – Crypto News