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BORA

BORA
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BORA

News

XRP and BNB Market Conditions: BlockDAG Sets Stage for Launch

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XRP remains stable, BNB declines in activity, and BlockDAG prepares for global launch priced at $0.0016.
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Giorgi Kostiuk

FUNToken Launches on Poloniex, Expanding Global Reach

FUNToken Launches on Poloniex, Expanding Global Reach

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FUNToken has officially launched on Poloniex, significantly enhancing its accessibility and liquidity in the cryptocurrency market.
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Giorgi Kostiuk

Michael Saylor: 'Everyone Gets Bitcoin at the Price They Deserve'

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Michael Saylor shares insights on Bitcoin's value and the role of personal conviction in investments.
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Giorgi Kostiuk

AllUnity and Deutsche Bank Launch Euro Stablecoin Following BaFin License Approval

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AllUnity, a joint venture of DWS and Deutsche Bank, has received a BaFin license to issue EURAU euro stablecoin in compliance with MiCA.
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Giorgi Kostiuk

What is BORA?

BORA - a platform for both content developers and users. It supports blockchain-related technologies such as token connectivity and smart contracts for developers to develop blockchain-enabled application content (DApps) easily.

Contents:

Description of the BORA project

The main purpose of the platform - to use trial services to test the network and ecosystem, leading to commercialization. Games are best suited for this purpose, given their popularity and intuitiveness. A developer partnering with the project team is creating a game for a trial service that will be linked to the BORA chain.

Project advantages:

Blockchain BORA supports blockchain-related technologies such as token connectivity and smart contracts for developers to develop blockchain-enabled content applications (DApps) easily.
Cooperation BORA cooperates with developers in various fields and services, starting from the field of IT entertainment, including games, music, video.

The created content is provided to users through the BORA ECOSYSTEM platform. The platform is used in the IT industry to apply big data in education, healthcare, real estate and investment.

Project benefits

With a modular architecture, the BORA chain allows each content provider to execute their own transactions through their application. The design of the network aims to eliminate the inconvenience, associated with "problems of noisy neighborhoods". This means that multiple applications can execute transactions at the same time autonomously, without any interruptions. Thus, the ecosystem hosts various types of content applications, including communities and games.

Users can interact with all applications in the BORA ecosystem, using just one account. This means that users' personal data and platform assets are compatible with each application. The project offers an innovative dual tokenome infrastructure that provides content-free decentralized secure applications. In addition, the project provides developers with a space to develop and deploy applications that can easily and effortlessly capture the attention of users.

Where can you buy a coin?

The platform uses a dual tokenome infrastructure that includes two tokens: the BORA token and dot tokens. Together, these tokens incentivize platform contributions and participation, providing an incentive mechanism for all users of the platform. In addition, embedding a blockchain with such a token structure means that any attackers on the network will be at a financial disadvantage. Instead, it is beneficial to be a fair participant who follows the rules of the project. The best cryptocurrency exchanges to trade BORA shares currently are:

  • Upbit;
  • Bithumb;
  • Coinone.

The token has moved from the Ethereum ERC-20 standard to the Klaytn KCT (Klaytn Compliant Token) standard. During the process, token holders held their assets in BORA tokens and Klaytn-compatible wallets, receiving KCT BORA tokens at a 1:1 ratio after the transfer of tokens.

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