Singapore, Mar 30, 2021 - (ACN Newswire) - Dora Factory (DORA) successfully completed its HEXA Launch on the 21st and 22nd of March, completing its IDOs, otherwise known as Initial DEX offerings. The Launch commenced on the 21st with DEX offerings hosted by DuckStarter, gate.io & MXC, and continued the following day with Bounce and WeStarter.
The IDO signalled the public sale of 10,000,000 DORA tokens being distributed. Please note that these tokens are currently ERC-20 type tokens, compatible with the Ethereum blockchain, but will be converted to native DoraChain tokens when the mainnet has successfully launched.
Dora Factory's Balancer Liquidity Bootstrapping Pool (LBP) ended on the 24th with 426061.4862 DORA selling in the 46.5-hour event. Following the LBP, DORA was listed at Uniswap, OKEx, gate.io, MXC and ZB.
With more Decentralized Finance (DeFi) projects launching in the summer of 2020, Dora Factory will address the governance challenges faced in these projects by providing decentralized autonomous organizations (DAOs) as a service, as SaaS has thrived in the internet ecosystem in the past decade.
Building on its successful DORA Hackathons, the team behind Dora Factory hope to capture the momentum to propel its services forward to other blockchain sectors outside DeFi as well.
About Dora Factory
Dora Factory is a DAO-as-a-Service infrastructure for on-chain governance and open-source ventures.
Dora Factory offers key pallets such as quadratic funding, curve auction, on-chain voting and incentive mechanisms to support open source ventures from the global developer community and decentralized organizations in general.
Dora Factory has closed its second round of private sales.
DoraFactory official channel - Stay tuned!
Official Website: Dorafactory.org
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Topic: Press release summary
Source: Dora Factory
Sectors: CryptoCurrency, Blockchain
From the Asia Corporate News Network
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