Bora (BORA) offers a decentralized entertainment platform with dual-blockchain architecture for digital content distribution. More
| Fully Diluted Valuation | $114.80M |
|---|---|
| 24H Trading Volume | $1.42M |
| 24H Low / High | $0.09 / $ 0.10 |
| Circulating Supply | 1.15 B |
| Total Supply | 1.21 B |
| Max Supply | 1.21 B |
| Categories | Gaming (GameFi) 3 more |
|---|---|
| Founder | Gyehan Song 1 more |
| Website | boraecosystem.com Whitepaper |
| Socials | 5 more |
| Chains | Klay-token Ecosystem |
| Explorer | Kaiascan |
| Contracts | 0x02c....d51aa |
| Name | Pair | OG Score |
|---|
Bora (BORA): Revolutionizing Entertainment with Blockchain
Bora (BORA) is a decentralized entertainment and digital content blockchain project that offers a unique solution for content creators to manage and profit from their work effectively. Launched in 2019, Bora aims to distribute digital content while providing a platform for games and applications from the GameFi sector, attracting over 50 million users worldwide.
Key Features and Technology
Bora operates on a dual-blockchain architecture, utilizing Ethereum as a mainnet and Klaytn (KLAY) as its current blockchain, providing scalability and speed. The platform's modular design allows for impressive transaction speeds, with one set of side chains offering 2,200 transactions per second (TPS). The platform's scalability is further enhanced by the ability to add more side chains, potentially increasing TPS significantly.
Bora utilizes two tokens within its ecosystem: BORA tokens, which are traded on the Klaytn blockchain for in-app purchases and other uses, and SHELL tokens, which are earned in games and can be exchanged for BORA tokens. This dual-token system helps avoid high gas fees typical of the Ethereum blockchain.
Partnerships and Expansion
The Bora team has partnered with over 30 companies in the blockchain and gaming space, including ENP Games, UNIT5, Supertree, and Neon Games. These partnerships have enabled Bora to integrate existing popular video games into its network, expanding its user base and reach.
Founders and Team
Bora was founded by a team of Korean blockchain and mobile development experts in 2018. CEO Gyehan Song and CSO Key Yune each have over 20 years of experience in game development, while CTO Igoo Lee has experience in building infrastructure for games like Crossfire and FIFA Online. The team's expertise and experience have been instrumental in Bora's success and growth.
Unique Selling Points
Bora's key selling points include its high cross-chain interoperability, easy-to-navigate API and web interface for developers, and full interoperability within its ecosystem. The platform's three-layer blockchain structure (core layer, service layer, and application layer) provides developers with the infrastructure to manage and retain users effectively.
Bora (BORA) stands out in the blockchain space as a decentralized ecosystem for games and entertainment, offering innovative solutions for content creators and developers. With its unique dual-blockchain architecture, high cross-chain interoperability, and strategic partnerships, Bora is well-positioned to revolutionize the entertainment industry and attract more users to its platform.
Bora offers a dual-blockchain architecture, using Ethereum and Klaytn, for scalability and speed in distributing digital content and attracting GameFi applications.
Bora was founded by a team of Korean blockchain and mobile development experts, including CEO Gyehan Song, CSO Key Yune, CTO Igoo Lee, and VP of Engineering Kyoungwook Cheon.
Bora has partnered with over 30 companies in the blockchain and gaming space, including ENP Games, UNIT5, Supertree, and Neon Games.
