Dora Factory price

in TRY
₺0.74000
+₺28.8548 (+3,878.31%)
TRYTRY
Market cap
₺739.97M #269
Circulating supply
1B / 1B
All-time high
₺23.1986
24h volume
₺44.17M

About Dora Factory

Governance
Official website
Github
Block explorer
CertiK
Last audit: Aug 21, 2023, (UTC+8)

Dora Factory’s price performance

3 months
-17.78%
₺0.89996
30 days
-31.23%
₺1.0760
7 days
-5.66%
₺0.78436
Today
-0.54%
₺0.74400
68%
Buying
Updated hourly.
More people are buying DORA than selling on OKX TR

Dora Factory on socials

Nova
Nova
Absolute lack of diversity in $Dora (CA FwCLSvSaRj1Fb5sYNzmh3cV4BsmhkUAqQ2nHvqcDtzYh) distribution is a big red flag. Biggest cluster has 6.72% of supply, another has 3.8%. Insiders have 5.18%. Top 10 holders have 21.7% of supply, 677 holders with average bag at $144. Nfa.
9.19K
4
Dora
Dora
Imagine trading the yield curve of… an Apple bond🍎📈 Not just the price — the mood swings across maturities inverted, steep, flat… pick your fighter Bonds always tell a story #fintechsummer #DORA #fixedincome #curvewars #bonds #yieldcurve
Lisa Abramowicz
Lisa Abramowicz
Yield curves keep steepening as investors stay away from buying 10-year notes. The gap between US 10-year and 5-year yields is the widest since 2021.
4.56K
7
Dora Factory
Dora Factory
The freedom to BUILD is universal.
3.65K
9

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Dora Factory FAQ

Dora Factory provides decentralized infrastructures where organizations can use DAO services, and developers are incentivized to build their next projects. DORA is the name and ticker for the utility token of the project.

Dora Factory gives a native solution for managing and incentivizing communities of open-source developers and provides DAO as a service for organizations to opt for decentralized operations. DAO creators can create and launch DAOs, deposit and withdraw assets from cross-chain vaults, and create pallets for governance utilities.

Easily buy DORA tokens on the OKX TR cryptocurrency platform. One available trading pair in the OKX TR spot trading terminal is DORA/USDT.

You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), and Chainlink (LINK), for DORA with zero fees and no price slippage by using OKX TR Convert.

Currently, one Dora Factory is worth ₺0.74000. 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 TR.
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 TR 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.

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Market cap
₺739.97M #269
Circulating supply
1B / 1B
All-time high
₺23.1986
24h volume
₺44.17M
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