RAK DAO (Ras Al Khaimah Digital Assets Oasis) is a government-supported free zone in the United Arab Emirates, launched in 2023. It is the world's first and only free zone exclusively dedicated to digital and virtual asset companies. The initiative is designed to create a vibrant ecosystem for Web3, blockchain, AI, and other emerging technologies, positioning Ras Al Khaimah as a global hub for innovation.

‍

RAK DAO provides a comprehensive suite of services and infrastructure to support the growth of digital asset companies. This includes a robust and transparent legal framework, a variety of licensing options (including for freelancers and digital nomads), and access to a network of partners, VCs, and academic institutions. The free zone offers a range of facilities, from co-working spaces to dedicated offices, and provides professional services to assist with everything from company setup to ongoing operations.

‍

The Hedera Foundation, which fuels the growth of the Hedera ecosystem, is a key partner of RAK DAO. This strategic alliance provides RAK DAO members with direct access to the Hedera network, including grant programs and technical support.

‍

EtaSwap is the first decentralized exchange (DEX) aggregator on the Hedera network. Its primary purpose is to consolidate liquidity from various decentralized exchanges within the Hedera ecosystem into a unified interface. This allows users to trade Hedera-based digital assets more efficiently, circumventing the need to navigate multiple platforms to find the best terms.

‍

The platform functions by identifying the most advantageous prices and optimal trading routes across integrated DEXs for a given token swap. Key features include route optimization, direct integration with multiple Hedera DEXs, and a user-friendly interface designed to simplify the trading process. EtaSwap offers the potential for better execution rates and reduced slippage on their trades.

‍

EtaSwap aggregates liquidity from prominent Hedera DEXs including SaucerSwap , Pangolin, HeliSwap, and HSuite. It serves as a single entry point for token swaps on Hedera, offering users seamless access to the combined liquidity of these platforms and is open to integrating additional exchanges.

‍

Hashgraph Application Studio is a specialized no-code/low-code development platform designed to build and deploy enterprise-grade decentralized applications (dApps) on the Hedera network. It is the result of a strategic partnership between Joget Inc., an open-source application development firm, and The HBAR Foundation. The studio essentially provides a Hedera-centric version of the Joget platform, aiming to democratize dApp development by making it accessible to users with limited or no coding expertise.

‍

The platform’s core functionality revolves around a visual, drag-and-drop interface. This allows users to design application workflows, create user interfaces, and manage data without writing extensive code. A key feature is the "Hedera Ledger Pack," a pre-built integration that simplifies complex interactions with Hedera’s native services. Through simple configuration, users can perform on-chain actions such as creating accounts, transferring HBAR and HTS tokens, minting and burning NFTs, and logging data to the Hedera Consensus Service (HCS).

‍

By abstracting the technical complexities of blockchain, the Hashgraph Application Studio significantly accelerates the development lifecycle for Hedera-based projects.

‍