Dora Factory price

in USD
$0.020346
+$0.00034993 (+1.75%)
USD
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Market cap
$20.41M
Circulating supply
1B / 1B
All-time high
$0.57999
24h volume
$1.78M
DORADORA
USDUSD

About Dora Factory

$DORA is the native cryptocurrency of the Dora Factory ecosystem, a decentralized platform designed to empower developers and innovators. Built on blockchain technology, Dora Factory focuses on creating tools for decentralized governance, enabling communities to make transparent and democratic decisions. $DORA plays a vital role in this ecosystem by facilitating voting, funding, and other governance-related activities. Its primary purpose is to support the creation of fair and efficient systems for organizations and projects in the Web3 space. Whether you're a developer, a community member, or simply curious about blockchain, $DORA offers a glimpse into how technology can reshape collaboration and decision-making. By exploring $DORA, you’re stepping into a future where innovation meets inclusivity.
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Official website
Block explorer
CertiK
Last audit: 21 Aug 2023, (UTC+8)

Dora Factory’s price performance

Past year
-72.06%
$0.07
3 months
-27.98%
$0.03
30 days
-3.35%
$0.02
7 days
+4.01%
$0.02

Dora Factory on socials

史莱姆
史莱姆
Hmm @EnHeng456, the marketing aspect really has a bit of Sun's influence @justinsuntron, I suspect it's been inspired by him. Not to mention, they've truly figured out the traffic part. Hmm has already collected 152 BNB in group fees, I'm really happy for him.
加密无畏
加密无畏
$TST is a meme on BSC, what's there to criticize? There are only two groups with a clear agenda and one with a hidden agenda. The clear agenda groups are the BNB chain and four memes. If you ask CZ or anyone from Binance to respond, they will definitely distance themselves, claiming any issues are purely community actions. The hidden agenda group consists of some people from the broader Binance ecosystem (including community OGs, former employees, and four memes) collaborating with devs and external market makers. Many people are already aware of those market makers. They get discounted USDT from somewhere, then manipulate the meme spot contracts to wash away the USDT (losing on one side and making it back on the other), coordinating with the front end in a streamlined manner.
土澳大狮兄BroLeon 🐙
土澳大狮兄BroLeon 🐙
"Can't make money on BSC? That's just you being blind." Seeing the Ice Frog mention that $TST could still be sold after deleting the private key, I suspect it’s just an employee trying to fool CZ into thinking it was deleted, and after leaving, they’re just trying to make a little extra cash when the hype dies down. I’m not trying to whitewash this project; I’ve felt for a long time that the manipulation behind this coin is quite malicious, with big pumps and dumps, and various scams. It deserves to be criticized like a piece of rotten fruit. But seeing many people in the comments completely dismiss @BNBCHAINZH, claiming that nothing can be done on BSC, is truly selective blindness. Or perhaps after being hurt in the first wave of memes, many people stopped paying attention to BSC and are still spouting outdated opinions. Open your eyes and look at $B, which has been steadily climbing to 665M without looking back. Can it be done? After transforming into a USD1 launch platform, the first project hasn’t even started yet. If $B is empowered as a golden shovel, 1B shouldn’t be a problem. Look at how $Lib, $Tag, $Egl1, and $Bank are performing with this wave of USD1. Even the older $Skyai is quite stable. $Dora has quietly reached 600m and now still has 300m (I missed that one 😂, couldn’t understand it). The more established $Lista can also clearly be seen making moves after 25 years; yesterday, they proposed to burn 20% of the circulation, showing their attitude. Not to mention that we can still occasionally see some local guaranteed hotspots like Bulla and Uptop’s launches, and the $Jager phenomenon sweeping the internet with its money-giving 💰💰💰 innovation (now back to 20M, impressive!). As for the small meme resurgence $U, Alpha’s counterattack $XNY, and sudden memes, I won’t mention those. In summary, if you want to launch, there are launches; if you want fair launches, there are fair launches; if you want memes, there are memes; if you want DeFi/Ai/RWA, there’s that too; if you want big volatility, there’s that; and if you want stability, there’s that as well. If you still want to harshly criticize BSC, then I can only say you’re blind 😂😂😂. Honestly, at least those who follow me in playing BSC are likely to make money, and it’s not a pump-and-dump; the holding experience is much more comfortable than on other chains. Following the crowd and trading with bias is a big taboo. Bnbchain can’t be said to be invincible, but right now, aside from Solana, it should have the best data. Moreover, it is gradually carving out its own characteristics and rhythm, no longer needing to rely on @cz_binance and @heyibinance to keep it alive every day. Compared to Bnbchain from over half a year ago, it has improved significantly. With a strong influential leader @cz_binance, fast iteration development capabilities, an operational team @cain_bnb that can be reached anytime, and support and blood transfusion from CEX, how many chains in the entire network can match this configuration? I, for one, will continue to delve into this area and remain optimistic about Bnbchain’s development; everyone is free to do as they wish.
土澳大狮兄BroLeon 🐙
土澳大狮兄BroLeon 🐙
"Can't make money on BSC? That's just you being blind." Seeing the Ice Frog mention that $TST could still be sold after deleting the private key, I suspect it’s just an employee trying to fool CZ into thinking it was deleted, and after leaving, they’re just trying to make a little extra cash when the hype dies down. I’m not trying to whitewash this project; I’ve felt for a long time that the manipulation behind this coin is quite malicious, with big pumps and dumps, and various scams. It deserves to be criticized like a piece of rotten fruit. But seeing many people in the comments completely dismiss @BNBCHAINZH, claiming that nothing can be done on BSC, is truly selective blindness. Or perhaps after being hurt in the first wave of memes, many people stopped paying attention to BSC and are still spouting outdated opinions. Open your eyes and look at $B, which has been steadily climbing to 665M without looking back. Can it be done? After transforming into a USD1 launch platform, the first project hasn’t even started yet. If $B is empowered as a golden shovel, 1B shouldn’t be a problem. Look at how $Lib, $Tag, $Egl1, and $Bank are performing with this wave of USD1. Even the older $Skyai is quite stable. $Dora has quietly reached 600m and now still has 300m (I missed that one 😂, couldn’t understand it). The more established $Lista can also clearly be seen making moves after 25 years; yesterday, they proposed to burn 20% of the circulation, showing their attitude. Not to mention that we can still occasionally see some local guaranteed hotspots like Bulla and Uptop’s launches, and the $Jager phenomenon sweeping the internet with its money-giving 💰💰💰 innovation (now back to 20M, impressive!). As for the small meme resurgence $U, Alpha’s counterattack $XNY, and sudden memes, I won’t mention those. In summary, if you want to launch, there are launches; if you want fair launches, there are fair launches; if you want memes, there are memes; if you want DeFi/Ai/RWA, there’s that too; if you want big volatility, there’s that; and if you want stability, there’s that as well. If you still want to harshly criticize BSC, then I can only say you’re blind 😂😂😂. Honestly, at least those who follow me in playing BSC are likely to make money, and it’s not a pump-and-dump; the holding experience is much more comfortable than on other chains. Following the crowd and trading with bias is a big taboo. Bnbchain can’t be said to be invincible, but right now, aside from Solana, it should have the best data. Moreover, it is gradually carving out its own characteristics and rhythm, no longer needing to rely on @cz_binance and @heyibinance to keep it alive every day. Compared to Bnbchain from over half a year ago, it has improved significantly. With a strong influential leader @cz_binance, fast iteration development capabilities, an operational team @cain_bnb that can be reached anytime, and support and blood transfusion from CEX, how many chains in the entire network can match this configuration? I, for one, will continue to delve into this area and remain optimistic about Bnbchain’s development; everyone is free to do as they wish.

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Dora Factory FAQ

Currently, one Dora Factory is worth $0.020346. For answers and insight into Dora Factory's price action, you're in the right place. Explore the latest Dora Factory charts and trade responsibly with OKX.
Cryptocurrencies, such as Dora Factory, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Dora Factory have been created as well.
Check out our Dora Factory price prediction page to forecast future prices and determine your price targets.

Dive deeper into Dora Factory

Dora Factory is an open-source, community-driven DAO-as-a-service infrastructure for decentralized governance. It was built to effectively manage, curate and incentivize developer communities with their native token. DORA is the name and ticker symbol for the native ERC-20 token of the project.

Built on Substrate, the programmable infrastructure of Dora Factory allows developers to make pallets such as on-chain voting and add them to its parachain or Ethereum Layer 2 chain.

Dora Factory has three elements: Polkadot Factory, Ethereum Factory, and virtual bridge. On Polkadot, DAO functionalities can be performed through pallets. On Ethereum, individual smart contracts can be deployed through Dora Factory contracts for governance.

Apart from bridges connecting Polkadot Relay Chain with other critical public chains, Dora Factory has built a simplified virtual bridge for user convenience. This bridge can transfer tokens to Dora's parachain from ecosystems outside Polkadot, enabling users to store crypto assets in cross-chain vaults.

The DORA token is primarily used for governing Dora Factory. However, users and holders of DORA can engage in staking, mining, and even performing financial operations within the native ecosystem. However, unlike many other cryptocurrencies, DORA cannot be utilized as a currency to exchange goods and services.

Several use cases of the project include voting, fundraising (dutch auction, bonding curve fundraiser, quadratic fundraiser), incentive protocol, dispute resolution, and admin tool pallets. Dora Factory's governance is performed by two central bodies: the governance DAO (open for all DORA holders) and the Council (for the core team of the project).

DORA price and tokenomics

The total supply of DORA is 10 million, and its price depends on the projects availing of the services offered by the Dora Factory. The platform held a public sale on March 21, 2021, selling tokens worth $180,000. Each DAO can be created within the project's ecosystem by staking 100 DORA tokens, which users get back once the DAO is dissolved.

The token also incentivizes validators, nominators, and other members to engage with the ecosystem. It follows a linear inflation model to do so at 1,000,000 DORAs per annum unless the members vote otherwise.

The inflation rate starts at 10% for the initial year and then gradually decreases annually, which naturally impacts the DORA charts. 2% of tokens created from yearly inflation are allocated to their treasury, while the rest are allocated amongst nominators and validators.

About the founders

Jiannan Zhang, an Oxford alumnus and the founder and CEO of DoraHacks, works as an architect for Dora Factory. The project is backed by well-known names such as DoraHacks Global Hackathon Series, HackerLink Grants, Hashkey, Hypersphere, CMS, Fundamental Tabs, and Signum Capital.

DORA Factory has successfully engaged blockchain developers all across the globe. In the DORA ecosystem, eight projects, including DAOrayaki, LA DAO, Alexandria, EntangledQuery, etc., raised $50,000.

Disclaimer

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Market cap
$20.41M
Circulating supply
1B / 1B
All-time high
$0.57999
24h volume
$1.78M
DORADORA
USDUSD
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