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Announcing the Grantees of Atom Economic Zone Quadratic Funding, Round I.

Announcing the Grantees of Atom Economic Zone Quadratic Funding, Round I.

Meet the teams

DoraHacks and Dora Factory are excited to unveil the eight teams chosen through a rigorous selection process to partake in the inaugural Atom Economic Zone (AEZ) Quadratic Funding Round.

Quadratic funding, initially conceived by Vitalik Buterin based on Quadratic Voting described in Eric Posner and Glen Weyl’s book “Radical Markets”, stands as the preeminent method for mobilizing blockchain communities to champion public goods and developer teams, ensuring an equitable distribution of funding.

The AEZ QF Round marks a pioneering instance of Quadratic Funding tailored for the Cosmos Hub. Given the absence of smart contract support on the Cosmos Hub, Dora Factory ingeniously introduced QF to the hub natively, leveraging the capabilities of Dora Vota. Functioning as a CosmWasm and IBC-enabled appchain, Dora Vota serves as the impartial foundational voting circuit infrastructure for the entire AEZ.

Let’s meet the teams participating in this groundbreaking first round:

1. Abstract SDK – A modular interchain application framework and on-chain infrastructure for the next generation of CosmWasm applications.

2. CosmWasm Orchestrator – A universal tool for CosmWasm testing, scripting, and deployments. It offers the most advanced and powerful testing capabilities unmatched by any other smart-contract testing framework.

3. CW-Interchain Accounts Controller – A pure CosmWasm implementation of ICS-27. Able to control all IBC chains, even those without Wasm support. It bypasses the limitations of the Go API.

4. InterChain NFT Gateway – Enabling seamless InterChain NFT utilities across different blockchain networks, thereby enhancing the user's ability to manage their NFT portfolio effectively.

5. Packet Forward Middleware – Developed by Strangelove Crypto, this public good aims to streamline blockchain inter-connectivity with efficient multi-hop IBC routing.

6. The Rollup – an educational hub acting as a public good that has addressed the need for reliable and accessible information in the rapidly evolving world of Cosmos DeFi.

7. Pouch – an interchain fund recovery protocol, serving as a complementary security wrapper for existing wallets.

8. Fairblock Network – is building for programmable privacy and conditional decryption via several cryptographic schemes. This enables Modular and Programmable Privacy for All Cosmos Chains and L2s.

Next steps: Community involvement

Voting is officially underway! Be sure to mark your calendars for the Quadratic Funding period, a pivotal phase where community-driven support will play a vital role in shaping the future of these projects.

  • Key Dates: Jan 28 - Feb 7 Quadratic Funding Period
  • Visit the AEZ QF portal here to cast your vote: https://dorahacks.io/aez

Now that the projects have been selected, it's time for the community to contribute votes. DoraHacks extends a call to all Cosmos Hub and AEZ community members to contribute $ATOM to this inaugural Cosmos Hub community funding round. Votes will be quadratically matched by a pool of 5,000 $ATOM (approximately $50,000 at the time of writing). The Dora Factory Foundation is sponsoring 3,000 ATOM of this matching pool, with the remaining 2,000 contributed directly from the Dora Factory Public Goods Staking (PGS) Cosmos Hub validator. As validator delegations increase, the ultimate goal is for Dora Factory PGS to sponsor 100% of future round matching pools in a sustainable manner.

As mentioned earlier, due to the Cosmos Hub's lack of smart contract support, this QF round is built on the Dora Vota-ATOM channel. To contribute/vote, one should IBC transfer ATOM to their Dora Vota address. We've also set up a faucet for DoraHacks users to acquire Dora Vota gas fees https://dorahacks.io/faucet

About DoraHacks and Dora Factory

DoraHacks and Dora Factory have facilitated 20+ ecosystem QF rounds since 2020 and channeled $10M in community funding to more than 1000+ teams via QF with unicorn grantees in multiple ecosystems.

DoraHacks is a global hacker movement and the world's most active multi-chain Web3 developer incentive platform. More than 7,000 projects from the DoraHacks community have received over $40 million in grants and hackathon prizes. DoraHacks.io has over 110,000 monthly active users worldwide. The platform offers hackathons, bounties, quadratic funding, privacy voting, and other community governance and funding toolkits. In addition, over 100 major Web3 ecosystems are currently using Dora infrastructures to fund their open-source communities.

Dora Factory creates protocols, tooling, and public goods infrastructures that help open source communities and frontier tech builders to thrive. Dora Factory is one of the fastest-growing PoS validators, with over $300M in TVL. Learn more: https://dorafactory.org/staking/

Dora Vota is a special-purpose blockchain for voting and decentralized community governance. Vota is bringing native Quadratic Funding to the Cosmos Hub for the first time. Learn More: https://research.dorahacks.io/2023/07/31/vota/