Dorahacks and Community-Powered Voting
DoraHacks has cultivated a truly innovative hackathon ecosystem by blending on-chain quadratic funding (QF) with MACI (Minimal Anti-Collusion Infrastructure) voting, promoting fairness, participation, and community trust.
At the core of DoraHacks’ ecosystem is quadratic funding—a voting model where the cost of casting N votes isn’t linear but quadratic. That is, voting costs sum to 1 + 2 + … + N units of the native token (e.g., ONE, BNB, ATOM), meaning multiple votes become increasingly expensive. This mechanism encourages broader support over large singular contributions and enables voters to express nuanced preferences while directly funding projects .
To further enhance integrity, DoraHacks integrates MACI voting, a privacy-preserving, anti-Sybil system originally proposed by Vitalik Buterin. In MACI, votes are encrypted and later tallied by an operator, who publishes results along with a zero-knowledge proof—ensuring accurate, anonymous tallying and thwarting collusion or vote manipulation. For instance, during the Taiko × DoraHacks Grant Factory Hackathon, MACI enabled one of the largest anonymous on-chain votes, with over 920,000 whitelisted participants engaged while preserving voter anonymity.
Through these mechanisms, DoraHacks pioneers democratic, transparent, and scalable governance for blockchain hackathons. Projects are selected and funded directly by community sentiment, while anti-collusion safeguards and token-backed voting ensure robust, equitable outcomes.
Dorahacks BUIDL for Financial Advisors
The Dorahacks BUIDL for financial advisors initiative opens new opportunities for innovation in blockchain-powered wealth management. Hackathons offer a unique complement to grants from blockchain foundations. They allow teams to rapidly prototype, validate, and improve solutions that can later receive sustained funding.
At Web3 Enabler, we believe hackathons and grants work hand in hand. Grants offer stability for scaling web3 products. Hackathons deliver creativity, speed, and community engagement. Combining both allows blockchain businesses to reach milestones faster and more effectively.
Our guide, “Securing Blockchain Integration Grants for Your Business”, explains how to leverage grants. Dorahacks hackathons bring the next layer of growth by connecting innovators with technical and funding resources. This dual approach can accelerate adoption for products in complex industries, such as financial advising.
We are committed to building open source projects. Open source ensures transparency and fosters collaboration across the blockchain ecosystem. Through Dorahacks, we engage with developers who share this vision. This collaboration expands the reach and impact of our work.
Our team is excited about expanding the Digital Asset Wallet for Salesforce for wealth managers. This product allows advisors to manage digital assets securely inside Salesforce. Support from the Dorahacks community helps us enhance wallet features for compliance, reporting, and ease of use.
Financial advisors need tools that meet high regulatory standards while supporting innovation. Dorahacks provides the ecosystem to meet those needs. By participating, we connect with investors, developers, and advisors who want to transform wealth management.
We see a future where blockchain simplifies asset management for advisors worldwide. Dorahacks makes that future closer than ever. With the right mix of hackathon energy and grant support, the possibilities are endless.
Check out our BUIDL and upvote.
