Kuopio, Finland, September 12th, 2024,
Chainwire
Kampela, an innovative hardware startup, has
successfully secured funding through a Decentralized Autonomous
Organization (DAO) on the Polkadot network, marking a significant
milestone as the first hardware project to be fully backed by a DAO
in the Polkadot ecosystem. This achievement demonstrates the power
of decentralized governance in supporting tangible technological
innovations and opens new possibilities for hardware development in
the blockchain space.
Kampela's device leverages NFC technology and operates without
the need for wired charging or a battery, showcasing a novel
approach to secure, user-centric hardware wallets. The company's
innovative strategy consolidates both the design and production
processes within a single integrated platform, enabling the
delivery of highly differentiated solutions to the market.
Key Highlights:
- Funding secured through Polkadot Referenda #62, #370, and
#886, totalling approximately 253,000 DOTs (around $1 million USD
at current DOT price)
- Transparent, community-driven decision-making process
- Establishes a new model for supporting hardware innovation in
the blockchain industry
- Battery-free operation powered exclusively by NFC during
active use
- Secure NFC-only connectivity, eliminating vulnerable USB
interfaces
Kirill, ex-CISO of Parity and Kampela's Co-Founder,
stated, "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 successful funding of Kampela through a DAO on the Polkadot
network showcases how community-driven funding can fuel
advancements in secure, user-centric devices. This achievement is
expected to attract attention from blockchain enthusiasts, hardware
innovators, investors interested in decentralized funding models,
and Polkadot community members and stakeholders.
Kampela's hardware design features several enhanced security
measures, including battery-free operation and secure NFC-only
connectivity. The device remains completely powered down when not
in use, deterring physical access or tampering, and its NFC-only
communication provides an additional security layer compared to
traditional USB interfaces.
With six hardware revisions conducted and 54 components in its
design, Kampela represents a significant leap forward in blockchain
hardware innovation. As the first fully DAO-funded hardware project
in the Polkadot ecosystem, Kampela sets a new precedent for how
hardware startups can leverage decentralized funding and governance
to bring cutting-edge products to market.
For more information about Kampela and its innovative hardware
wallet, readers can visit https://www.kampe.la/ or
https://x.com/kampela_signer.
About Kampela
Kampela, a Finnish startup, is revolutionizing secure
transaction management with its innovative NFC-powered hardware
device. Operating without Bluetooth, USB, or batteries, it features
an e-ink display and open-source design. Tailored for blockchain
applications and backed by the Web3 Foundation and Polkadot
Treasury, Kampela offers a sustainable, secure solution for digital
interactions in decentralized systems.
Media Contact:
Viktoria
CMO [Telegram: @vikrpc ]
Contact
CMO
Viktoria
Kampela
vv.repich@gmail.com