Upcoming popular DeFi tokens on Binance: Dora
Dora Factory is a well-known decentralized governance infrastructure.
Core functions and business:
It focuses on creating advanced technical protocols for decentralized governance and public goods-related matters. For example, its Dora Vota, as an open permissionless and governance-focused Cosmos SDK application chain, provides a convenient and adaptable governance framework for different projects and communities, facilitating democratic decision-making and other governance activities; there is also the anonymous privacy voting infrastructure aMACI, which effectively addresses the important need for privacy protection during the voting process, allowing participants to express their opinions and participate in decision-making while ensuring their information security; additionally, its multi-chain secondary funding mechanism plays a positive role in democratizing the funding process for public goods, helping to allocate resources reasonably and promoting the fair and efficient development of public goods within the Web3 ecosystem.
Development prospects and significance:
As the Web3 ecosystem continues to grow, the demand for decentralized governance is becoming increasingly prominent. Projects like Dora Factory play a key role in building a more complete, reasonable, and transparent governance system for the entire ecosystem. The new round of strategic financing of 10 million dollars it has received will also help it further expand its business, optimize technology, enhance its influence, and attract more projects and users to engage in its governance framework, thereby jointly promoting the positive development of public goods construction and decentralized decision-making in the Web3 world.
Special Note:
The two particularly popular DeFi tokens in 2021 are Doar (Dorayaki) and Atom (Astro Boy).
According to official news, the decentralized governance infrastructure Dora Factory announced the completion of a new round of strategic financing of 10 million dollars, with 15 well-known institutions and individuals participating, including Nomad Capital, No Limit Holdings, Cloud Nine Capital, Singapore United Overseas Bank Web3 Venture Capital Fund UVM Signum Blockchain Fund, Longling Capital founded by Cai Wensheng, Cosmos ecosystem OG Interop Ventures, and Calvin Liu, co-founder of Eigenlayer.
This round of financing will accelerate the strategic expansion of Dora Factory's decentralized governance and public goods funding technology system.
