Flow to Launch GrantDAO

Flow blockchain has officially launched the Flow GrantDAO in partnership with DoraHacks, opening a new funding channel for developers building in the Flow ecosystem. Projects can now be submitted via DoraHacks and receive funding through on-chain MACI (Minimum Anti-Collusion Infrastructure) community voting, ensuring secure and transparent grant allocation.Key Dates:Submission deadline: June 30Community voting begins: July 7Winners announced: July 31FLOW Info‍Flow is a fast, decentralized, and developer-friendly blockchain by Dapper Labs, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.In contradistinction to Ethereum, which uses a proof-of-work (PoW) model, Flow employs a novel multi-level consensus architecture that enables high throughput without compromising decentralization. This separation allows different nodes in the network to perform distinct functions, thereby improving efficiency.Flow also provides low-cost interaction for developers and users, making it an ideal blockchain for social and entertainment applications.Flow (FLOW) is the primary utility token of the Flow blockchain, which can be used for network governance, transaction fee payments within the Flow network, and staking.