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Vocdoni raises $1M to launch DAVINCI: The first universal digital voting protocol
Vocdoni raises $1M to launch DAVINCI: The first universal digital voting protocol

Associated Press

time24-04-2025

  • Business
  • Associated Press

Vocdoni raises $1M to launch DAVINCI: The first universal digital voting protocol

Vocdoni, a leader in governance solutions, announces the upcoming launch of DAVINCI, a protocol designed to set a new global standard in secure, accessible, anonymous, anticoercion and censorship-resistant digital voting. Following a successful $1M angel investment round, Vocdoni will launch DAVINCI's public testnet this June. Canton of Zug, Switzerland, April 24, 2025 -- Backed by individuals from leading projects in the Web3 sector, Vocdoni is redefining digital democracy with DAVINCI, the first digital voting technology that meets all the criteria for universal adoption. DAVINCI, an acronym for 'Decentralized Autonomous Vote Integrity Network with Cryptographic Immutability,' addresses critical vulnerabilities in existing digital and traditional voting systems by using advanced cryptographic methods such as zkSNARKs and threshold homomorphic encryption, leveraging Ethereum security and cryptographic integrity. These technologies ensure voter privacy, prevent coercion, and enable verifiable transparency without relying on central authorities. 'Current digital voting systems are costly, vulnerable, and inaccessible, failing to meet the democratic needs of billions,' stated Pau Escrich, Vocdoni cofounder. 'DAVINCI solves these issues, providing universally anticoercion, anonymous, tamper-proof, and cost-efficient voting capabilities.' Inspired by Bitcoin and Ethereum's success in enabling censorship‑resistant financial participation, DAVINCI brings that proven model to governance. Its token powers a fully decentralized voting network in which organizers stake tokens to launch transparent elections, and sequencers earn rewards by honestly aggregating votes. Vocdoni's longstanding leadership in decentralized governance has already provided secure voting solutions to over 300 organizations globally, including city councils, political parties and DAOs. DAVINCI emerges as a culmination of Vocdoni's extensive experience with the aim to establish new standards in digital democracy, enabling low‑cost, highly scalable, coercion-free and anonymous voting. Throughout 2025, Vocdoni will initiate token pre-sales, offering individuals and communities an opportunity to shape the future of digital governance. For more information, please visit About the company: Vocdoni, a pioneer in decentralized governance technology, empowers communities and institutions through secure, verifiable, and censorship-resistant digital voting solutions. Built on open-source principles, decentralized technologies and advanced cryptography, Vocdoni ensures integrity, privacy, and accessibility in global democratic processes. Vocdoni works with notable clients such as FC Barcelona, the Barcelona City Council, the Belarusian Coordination Council, Esquerra Republicana, one of the largest political parties in Spain, and Òmnium Cultural, the largest cultural association in Europe, along with hundreds of other Web2 organizations, institutions, and DAOs. Contact Info: Name: Ferran Reyes Email: Send Email Organization: Vocdoni Phone: +34744407401 Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89158313 In case of identifying any errors, concerns, or inconsistencies within the content shared in this press release that necessitate action or if you require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team is committed to addressing your concerns within 8 hours by taking necessary actions diligently to rectify any identified issues or supporting you with the removal process. Delivering accurate and reliable information remains our top priority.

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