cosmos

Prop 916: DoraHacks: AEZ Quadratic Funding Program

DoraHacks and Dora Factory are requesting 80,000 ATOM for 24 months of Quadratic Funding prize pool for public goods, new teams building on the Hub and ATOM Economic Zone

Please find the detailed proposal forum post here: https://forum.cosmos.network/t/proposal-last-call-dorahacks-aez-quadratic-funding-program/13618

As seen in its rich history, the Cosmos Hub, which birthed and bootstrapped the most open source and decentralized developer community seen thus far in the web3 industry, has one of the most active and robust governance mechanisms and participants. In a similar vein, Public Goods funding has also always been of crucial importance to the Hub’s stakeholders.

To further this mission, Dora Factory and Atom Accelerator DAO hope to run 10 Quadratic Funding (QF) rounds over the next 24 months, with a total prize pool of 100,000 ATOMs. This will equate to a prize pool of approximately 10,000 ATOMs each round, to fund public goods and developer teams bringing value to the Atom Economic Zone. These public goods will be of utmost importance as the AEZ enters its parabolic growth phase with the upcoming ICS 2.0 (Partial Set Security).

Dora Factory has run 20+ ecosystem QF rounds in the past four years, including the first-ever AEZ round, which garnered $10k in community contributions, which were matched with $60k from the prize pool.

Dora now turns to the Cosmos Hub community treasury, to formally introduce this program to the community, and scale this initiative to a meaningful size.