All-time High
$1.66
Nov 25, 2021
All-time Low
$0.01
Jan 19, 2020
Volume(24h)
$20.76M
Turnover rate
18.47%
Market Cap
$112.4386M
FDV
$123.7M
Circulating supply
$1.1B
Total supply
$1.21B
Max supply
Contracts
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{{val.marketPair}} | {{decimal(val.price,true,2)}} | {{val.volume24h}} | {{val.volumePercent}} | Low Moderate High | {{val.effectiveLiquidity}} | Buy / Sell | |
Community sentiment

26%
74%


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Exchange | Pair | Price | Volume (24h) | Volume % | Confidence | Liquidity Score | Earn |
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{{val.marketPair}} | {{decimal(val.price,true,2)}} | {{val.volume24h}} | {{val.volumePercent}} | Low Moderate High | {{val.effectiveLiquidity}} | Buy / Sell | |
About BORA
Where Can You Buy Bora (BORA)?
BORA is available on [Upbit](https://coinmarketcap.com/exchanges/upbit/), [Bithumb](https://coinmarketcap.com/exchanges/bithumb/), and [Coinone](https://coinmarketcap.com/exchanges/coinone/).
How Is the Bora Network Secured?
After its update to Bora 2.0, Bora migrated from a [proof-of-authority](https://coinmarketcap.com/alexandria/glossary/proof-of-authority-poa) to a [PBFT](https://coinmarketcap.com/alexandria/glossary/byzantine-fault-tolerance-bft) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism), resolving many of the issues faced by other consensus mechanisms like [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) or [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow). Bora is theoretically infinitely expandable. If necessary, additional blockchains can be built on top of the current core layer blockchain that serves as the settlement layer for transactions on Bora. Thus, each independent side chain on Bora offers potentially 2,200 transactions per second, which opens up potential further use cases in industries beyond gaming.
How Many Bora (BORA) Coins Are There in Circulation?
BORA is the blockchain’s native token with a [total supply](https://coinmarketcap.com/alexandria/glossary/total-supply) of 1.325 billion. The distribution of BORA is as follows: * Token sale: 40% * Reserve: 20% * Ecosystem: 25% * Team & Advisors: 15% BORA can be exchanged for the blockchain’s internal Bora points, which are used as a reward currency for content providers, event management, and to incentivize games. Bora Points can be exchanged without friction to the BORA token, which can then be traded on various exchanges. BORA used to be an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token but migrated to the [Klaytn](https://coinmarketcap.com/currencies/klaytn/) blockchain because of the latter’s focus on gaming and metaverse applications.
What Makes Bora Unique?
Bora is a blockchain with high [cross-chain](https://coinmarketcap.com/alexandria/glossary/cross-chain) [interoperability](https://coinmarketcap.com/alexandria/glossary/interoperability) that works with different layers to increase its security, scalability, and reliability. For game developers, Bora is interesting because of its easy-to-navigate API and web interface and full interoperability within its ecosystem. Bora also provides developers and content creators with infrastructure to manage and retain users, such as the Bora point system that integrates with its BORA token. The three layers of the Bora blockchain are the application layer, the service layer, and the core layer. The core layer is the blockchain’s bottom layer that supports the ecosystem’s infrastructure and data network. The core layer also supports the settlement of the Bora points. Its code is modeled after Ethereum, and both uses a [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism). The service layer houses the APIs and software development kits that integrate with content and applications built for Bora. The Bora chain explorer is located on the service layer and allows tracking of all BORA token movements. Bora’s BORA ATOLL software development kit offers developers a tool to manage and design applications for Bora. The final layer is the application layer, with which end users interact. It hosts all the content for the Bora ecosystem, as well as the asset management platform Bora app. The app provides token exchange functions alongside access to free content applications. This dual-layer blockchain structure offers an attractive solution to game developers that do not want to build on other blockchains. Bora’s modular structure also means that developers can easily test and develop projects on its blockchain before taking them to other chains. For instance, Bora’s transaction throughput at 2,200 TPS is significantly faster than that of even low-gas fee chains like [BNB Chain](https://coinmarketcap.com/currencies/binance-coin/).
Who Are the Founders of Bora?
Bora was launched by a Korean team of blockchain and mobile development experts. CEO Gyehan Song is an experienced game developer with over 20 years in the field and experience at Samsung Electronics under his belt. The company’s CSO Key Yune also has 20 years of experience with developing online desktop and mobile games, during which he had created several titles, highly popular in Korea. CTO Igoo Lee is an infrastructure operations manager with experience in building the infrastructure of games like Crossfire and FIFA Online. Finally, Kyoungwook Cheon serves as the project’s VP of Engineering and is a former computer engineer and founder of the Free Chal game portal in 2000. The team has also built partnerships with more than 30 companies in the blockchain and gaming space, among them companies like ENP Games, UNIT5, Supertree, Neon Games, and Emong, educational consultant RS Edu, digital healthcare service provider Hurray Positive and grid address platform Infoseed.
What Is Bora (BORA)?
[Bora](https://coinmarketcap.com/currencies/bora/) is a decentralized ecosystem for games and entertainment. Bora aims to attract games and applications from the [GameFi](https://coinmarketcap.com/alexandria/glossary/gamefi) sector to its Bora Chain to avoid building on blockchains like [Ethereum](https://coinmarketcap.com/currencies/ethereum/) that have high [gas](https://coinmarketcap.com/alexandria/glossary/gas) fees. For that reason, Bora follows a two-tiered blockchain system: the BORA token is traded on the [Klaytn](https://coinmarketcap.com/currencies/klaytn/) blockchain, a public blockchain that is focused on metaverse and gaming use cases. The Bora chain is a modular blockchain that can be used as an execution layer by decentralized applications. The Bora team provides development toolkits that support developers with creating decentralized applications for its ecosystem. It also utilizes Bora Points, a currency within the ecosystem as a resource for development and to incentivize contribution to Bora. Bora Points can subsequently be converted to the BORA token.
BORA News
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The report is segmented by type, end-users of the GameFi Token industry, market size, various applications, and major manufacturers.
Jul 26, 2024 at 03:52 am
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PlayDoge ($PLAY) has shaken up the crypto sphere, drawing in over $4.3 million during its ongoing ICO. The soon-to-launch mobile game merges the surging popularity of meme coins with a nostalgic 90s gaming experience, uniting them with a native token, $PLAY, that is packed with both in-game and broader crypto market utility.
Jun 14, 2024 at 11:56 pm
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This update includes several key changes that were approved at the 5th BORA Governance Council (GC) General Meeting on April 25.
Jun 12, 2024 at 09:00 pm
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Visit OrbisResearch.com to access the most recent report, “GameFi Token Market 2024,” The GameFi Token market report utilizes both top-down and bottom-up strategies
May 30, 2024 at 05:35 am
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The GameFi Token Market report offers valuable insights for businesses seeking success in the industry from 2022-2031. By projecting future trends, segmentation, geographical regions, and product types, this report equips companies with crucial data to navigate evolving market landscapes. A meticulous assessment of market drivers and restraints facilitates strategic planning, while insights from industry experts provide a comprehensive understanding of the overall market dynamics.
May 02, 2024 at 03:56 am
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Arweave $AR airdrops, distribution events where free tokens are sent to wallet addresses, serve as marketing strategies to raise awareness and expand distribution. These events, coinciding with project launches or promotional activities, place digital assets directly into potential users' hands. However, caution is advised as some airdrops may have ulterior motives, emphasizing the need for due diligence in evaluating eligibility criteria and understanding the potential value of the tokens being offered.
May 01, 2024 at 01:31 am
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METABORA SINGAPORE announces its plan to update the BORA 3.0 Mainnet and release a whitepaper on the BORA PORTAL. The update includes enhancements to the BORA token utility, unification and conversion of the dual-token structure, implementation of a token gas fee policy, and a "Dynamic Token Burning Model" to activate the BORA chain and transition into a deflationary tokenomics model.
Apr 29, 2024 at 08:00 pm
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Me3, a prediction platform integrating digital asset ownership with live events, Web 2.5 gaming, and eSports, announces its private sale on the Yield App Angel Launchpad. This partnership offers investors the opportunity to participate in a revolution of fan interaction with their favorite events through unique features like Stake to Win Rewards, Flexible Staking and Prediction Pools, and Yield Battle. Backed by renowned venture capital firms and KOLs, Me3 has a successful track record on top launchpads and aims to bridge the gap between digital assets and the exciting world of Web3.
Apr 24, 2024 at 02:16 pm
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Me3, a prediction platform integrating digital asset ownership with live events and eSports, announces its private sale on the Yield App Angel Launchpad. This collaboration offers exclusive rewards through its "Stake to Win" feature and flexible staking options. Me3's innovative "Yield Battle" feature blends DeFi and competitive gaming for enhanced earning potential. $ME3 token holders benefit from staking rewards and fee discounts, with the platform backed by established VCs and KOLs. Having successfully launched on top launchpads like Trustswap & Ferrum DAO, Me3 is set for further growth through a $400,000 private sale on Yield App at a token sale price of 0.007 per ME3 token.
Apr 24, 2024 at 02:01 pm
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