Boba Network pioneer’s hybrid dApps, multichain scaling, and community-driven governance in blockchain innovation. More
Fully Diluted Valuation | $50.89M |
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24H Trading Volume | $10.76M |
24H Low / High | $0.09 / $ 0.11 |
Circulating Supply | 493.60 M |
Total Supply | 500.00 M |
Max Supply | 500.00 M |
Categories | Smart Contract Platform 7 more |
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Founder | Alan Chiu 1 more |
Website | gateway.boba.network |
Socials | 2 more |
Chains |
Ethereum Ecosystem
1 more
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Explorer | Etherscan 6 more |
Contracts |
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Boba Network, launched in 2021, stands as an innovative Layer-2 optimistic rollup solution within the blockchain sphere. This network introduces a paradigm shift, redefining transaction speed and cost efficiency. Leveraging Hybrid Compute technology, it pioneers the convergence of Web3 and Web2 capabilities, empowering smart contracts to tap into external Web2 APIs for executing intricate algorithms seamlessly.
This multichain scaling solution isn't confined solely to Ethereum; it extends its reach across various ecosystems like Avalanche, BNB, Moonbeam, and Fantom. Compatibility with EVM-based tools ensures a smooth transition, delivering lightning-fast transactions with significantly reduced fees ranging from 40-100X less compared to their respective layer-1 chains. Beyond its technical prowess, Boba Network positions itself as a home for decentralized applications spanning DeFi, NFTs, Gaming, and Metaverse experiences.
One distinctive aspect lies in $BOBA's role within the Boba DAO, fostering a community-driven governance model. Each token staked on Boba Network equates to a vote within the DAO, allowing holders to actively shape the network's trajectory through proposals and decisions. With smarter smart contracts, Boba Network doesn't merely focus on scaling; it envisions a future where hybrid dApps connect individuals to the revolutionary potential of blockchain applications through a language agnostic to programming, making strides in its quest for innovation and inclusivity.
Boba Network innovates with hybrid dApps, cross-chain scaling, and community-driven governance.
The founders of Boba Network are maintained by the Enya team and Alan Chiu, Violet B. Abtahi.
LD Capital, Shima Capital, GBV Capital, Genblock Capital, Hypersphere Ventures, Parachain Ventures and more.
The consensus mechanism of Boba Network may operate through an optimistic rollup approach, ensuring scalability and security.
You can buy Boba Network (BOBA) on MEXC, Gate.io, Bybit, CoinbaseKraken cryptocurrency exchanges.
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