Dora Factory (old)

Halal Rating :
Uncomfortable
Last Price $2.21 Last updated:
Rank 781
1D Change 0.00 %
Market Cap $11.33m
Circulating supply 5,130,580
Maximum supply None

Crypto Overview

Categories
  • DAO
  • Substrate
  • DuckSTARTER
  • Bounce Launchpad
  • OKEx Blockdream Ventures Portfolio

Project Overview

Dora Factory (old) was a decentralized DAO-as-a-Service infrastructure protocol that enabled DAOs and decentralized governance for Web3 projects. The platform aimed to provide infrastructure and tools for creating and managing DAOs.

Important Update

The old DORA token has been discontinued and replaced by a new version. The project underwent a significant transformation and token migration. The old DORA token is no longer actively supported or maintained.

Historical Purpose

The original DORA token was designed to serve as a governance token for the Dora Factory ecosystem, allowing holders to participate in protocol decisions and DAO operations.

Current Status

As this is the old version of the token that has been discontinued, it no longer serves its original purpose. Users who held the old DORA tokens were expected to migrate to the new version of the token.

Development and Adoption

Since this is the discontinued version of the token, there is no ongoing development or adoption. All legitimate activity has moved to the new token version.

Crypto Impact

To assign a comfort level investing in Dora Factory (old) from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Dora Factory (old).

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

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