DoraHacks
Financials
Estimates*
USD | 2021 | 2023 |
---|---|---|
Revenues | 1.2m | 2.5m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Angel | ||
N/A | Seed | ||
N/A | Seed | ||
$8.0m | Early VC | ||
* | $20.0m | Series B | |
* | N/A | Late VC | |
* | $1.0m | Grant | |
Total Funding | CAD39.5m |
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Recent News about DoraHacks
EditDoraHacks is a dynamic startup that operates within the rapidly evolving blockchain and Web3 ecosystem. It primarily serves developers, tech enthusiasts, and blockchain innovators by organizing global hackathons and offering a platform for collaborative coding projects. The company aims to solve real-world problems through code and foster the creation of the next big blockchain unicorns.
DoraHacks operates in the blockchain and decentralized applications (dApps) market. It provides a platform where developers can participate in hackathons, collaborate on projects, and contribute to the development of Web3 technologies. The company also supports the creation and sharing of new projects, referred to as "BUIDLs," which are innovative solutions built on blockchain technology.
The business model of DoraHacks revolves around organizing hackathons and bounty tasks, where developers can earn rewards for their contributions. These events are often sponsored by various blockchain projects and companies looking to foster innovation and find new talent. DoraHacks makes money through sponsorships, community contributions, and possibly through a share of the rewards distributed during these events.
DoraHacks also offers grant programs and quadratic funding rounds, which allow the community to vote on and contribute to promising projects. This not only helps in funding innovative ideas but also in growing the multi-chain Web3 ecosystem. The platform has successfully funded millions in community contributions and has a large active community of builders and developers.
In summary, DoraHacks is a pivotal player in the blockchain and Web3 space, providing a collaborative platform for developers to innovate and solve real-world problems through code. It serves a global community of tech enthusiasts and blockchain innovators, making money through sponsorships, community contributions, and reward distributions.
Keywords: Blockchain, Web3, Hackathons, Developers, BUIDLs, Innovation, Grants, Community, Decentralized, Collaboration.