Web3

Kampela Secures Polkadot Network Investment, Becomes First Fully DAO-Funded Hardware Wallet

Kuopio, Finland, September twelfth, 2024, Chainwire

Kampela, an progressive {hardware} startup, has efficiently secured funding by means of a Decentralized Autonomous Group (DAO) on the Polkadot community. This marks a big milestone as the primary {hardware} undertaking to be absolutely backed by a DAO within the Polkadot ecosystem. This achievement demonstrates the ability of decentralized governance in supporting tangible technological improvements and opens new prospects for {hardware} improvement within the blockchain area.

Kampela’s gadget leverages NFC know-how and operates with out wired charging or a battery, showcasing a novel method to safe, user-centric {hardware} wallets. The corporate’s progressive technique consolidates the design and manufacturing processes inside a single built-in platform, enabling the supply of extremely differentiated options to the market.

Key Highlights

– Funding secured by means of Polkadot Referenda #62, #370, and #886, totaling roughly 253,000 DOTs (round USD 1 million at present DOT worth)

– Clear, community-driven decision-making course of

– Establishes a brand new mannequin for supporting {hardware} innovation within the blockchain business

– Battery-free operation powered completely by NFC throughout lively use

– Safe NFC-only connectivity, eliminating weak USB interfaces

Kirill, ex-CISO of Parity and Kampela’s Co-Founder acknowledged, “Not only is Kampela one of the very few fully open hardware wallets on the markets (you can get everything, up to the precise machining instructions for the casing, from our GitHub), but the project is also a brilliant example of the power of DAOs in the new, blockchain-enabled economy: the project was funded via the Polkadot Treasury (one of the biggest DAOs in the world right now), and it is thanks to this funding that our designs are so uncompromisingly open, free, and democratic.”

The profitable funding of Kampela by means of a DAO on the Polkadot community showcases how community-driven funding can gas developments in safe, user-centric gadgets. This achievement will entice consideration from blockchain lovers, {hardware} innovators, buyers excited by decentralized funding fashions, and Polkadot group members and stakeholders.

Kampela’s {hardware} design options a number of enhanced safety measures, together with battery-free operation and safe NFC-only connectivity. The gadget stays wholly powered down when not in use, deterring bodily entry or tampering, and its NFC-only communication gives an extra safety layer in comparison with conventional USB interfaces.

With six {hardware} revisions carried out and 54 parts in its design, Kampela represents a big leap ahead in blockchain {hardware} innovation. As the primary absolutely DAO-funded {hardware} undertaking within the Polkadot ecosystem, Kampela units a brand new precedent for {hardware} startups leveraging decentralized funding and governance to deliver cutting-edge merchandise to market.

For extra details about Kampela and its progressive {hardware} pockets, readers can go to the website or X.

About Kampela

Kampela, a Finnish startup, is revolutionizing safe transaction administration with its progressive NFC-powered {hardware} gadget. Working with out Bluetooth, USB, or batteries, it options an e-ink show and open-source design. Tailor-made for blockchain functions and backed by the Web3 Basis and Polkadot Treasury, Kampela gives a sustainable, safe answer for digital interactions in decentralized programs.

CMO

Viktoria

Kampela

vv.repich@gmail.com

[Telegram: @vikrpc]

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