Binance Labs Invests $8 Million In Dorahacks To Advance Web3 Development

11/19/21, 5:00 AM

Money raised

$8 million

DoraHacks is a decentralized global developer community and open-source incentive platform. Through this organization of global hackathons and the growing Web3 developer community, the project has attracted much attention. Its on-chain toolkits are of great value to Web3 developers to fund their startups and ideas. Over 1,000 projects secured funding throughout 2021, totaling over $12 million in grants and donations from supporters globally.

Company Info

Company

Dora Hacks

Additional Info

DoraHacks is a global hackathon organizer and one of the world's most active Web3 developer communities. DoraHacks provides Web3 native on-chain toolkits to help developers around the world raise funding for their startups. DoraHacks core features range from Quadratic Funding Grant, Bounty, Hackathon, BUIDL NFT, and Continuous Funding. In 2021, over 1,000 projects in the DoraHacks community received more than $12 million in grants and donations from worldwide supporters. Dora Factory is the DAO-as-a-Service infrastructure in the Dora ecosystem, featuring core governance DApps and Middleware like Grant Factory, Privacy Voting Infrastructure, and DoraID for DAOs and open source communities.