Dora Grant DAO Closes Second Round of Zero-Knowledge Voting Channel for Developer Incentive Platform

02/17/2023 02:48 • AI & Tech Insights • 149 views

On February 17, Dora Grant DAO closed the second round of zero-knowledge voting channel on the developer incentive platform DoraHacks.io at 23:59 Beijing time on November 15. The final results of the voting and the zero-knowledge proof of the voting results will be announced on the 18th. The distribution of the second phase of US $100000 will be determined by the community voting and the due diligence results of the shortlisted projects.

Dora Grant DAO’s second round of zero-knowledge voting ended

Interpretation of the news:

Dora Grant DAO, a decentralized autonomous organization (DAO), has successfully closed the second round of zero-knowledge voting channel on its developer incentive platform, DoraHacks.io. The closing time was at exactly 23:59 Beijing time on November 15th. The final results of the voting and the zero-knowledge proof of the voting results will be revealed on the 18th.

Zero-knowledge voting is a technique that allows participants to cast votes without exposing their individual preferences, ensuring a high degree of privacy and security. With this method deployed, Dora Grant DAO aims to promote transparency and fairness in the incentive mechanism for developers who contribute their time and expertise to the DoraHacks platform.

The second phase of the reward funding is worth US $100,000. Dora Grant DAO will determine the distribution of this funding based on the shortlisted project’s due diligence results and community voting. This approach ensures that the platform’s users and developers enjoy equal voting rights in the distribution process, enabling them to select and fund the most promising projects that will be of benefit to the platform and its users.

DAO is a community-based organization that allows its members to vote on governance decisions, including funding allocation and policy updates. This approach ensures that decision-making in the organization is decentralized, rather than being placed solely in the hands of executives or managers.

In conclusion, Dora Grant DAO’s closing of its second round of zero-knowledge voting channel on the developer incentive platform is a major milestone in promoting a fair and transparent atmosphere for developers to contribute. The platform is moving in the right direction by equally allocating rewards, and allowing the community to decide the fate of the shortlisted projects. This approach is a significant step in creating an inclusive and democratic platform that will benefit all.

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Dora Grant DAO Closes Second Round of Zero-Knowledge Voting Channel for Developer Incentive Platform

Dora Grant DAO’s second round of zero-knowledge voting ended

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