Bora is a decentralized ecosystem for games and entertainment. It aims to attract games and applications from the GameFi sector to its Bora Chain to avoid high gas fees on blockchains like Ethereum. Bora follows a two-tiered blockchain system: the BORA token is traded on the Klaytn blockchain, 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 in 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 be converted to the BORA token.

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. CSO Key Yune has 20 years of experience with developing online desktop and mobile games. CTO Igoo Lee is an infrastructure operations manager with experience in building game infrastructure. VP of Engineering Kyoungwook Cheon is a former computer engineer and founder of a game portal.

The team has also built partnerships with more than 30 companies in the blockchain and gaming space.

Bora is a blockchain with high cross-chain interoperability that works with different layers to increase 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. It 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 supports the ecosystem's infrastructure and data network. The service layer houses the APIs and software development kits that integrate with content and applications built for Bora. The application layer is where end users interact.

This dual-layer blockchain structure offers an attractive solution to game developers. Bora's modular structure allows developers to easily test and develop projects on its blockchain before taking them to other chains.

Check out Stellar (XLM) — a cryptocurrency for payments.

Check out Axie Infinity (AXS) — a popular blockchain game.

Read about the best enterprise-grade DApps.

Get the latest crypto news and latest trading insights with the BYDFi blog.

BORA is the blockchain's native token with a 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 for the BORA token, which can then be traded on various exchanges.

BORA used to be an ERC-20 token but migrated to the Klaytn blockchain because of its focus on gaming and metaverse applications.

After its update to Bora 2.0, Bora migrated from a proof-of-authority to a PBFT consensus mechanism. 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. Each independent side chain on Bora offers potentially 2,200 transactions per second, opening up potential use cases beyond gaming.

BORA is available on Upbit, Bithumb, and Coinone.

Bora is a decentralized ecosystem for games and entertainment. It aims to attract games and applications from the GameFi sector to its Bora Chain, avoiding high gas fees on blockchains like Ethereum. Bora follows a two-tiered blockchain system: the BORA token is traded on the Klaytn blockchain, 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 in 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 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. The company's CSO Key Yune also has 20 years of experience with developing online desktop and mobile games. 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, including ENP Games, UNIT5, Supertree, Neon Games, Emong, RS Edu, Hurray Positive, and Infoseed.

Bora is a blockchain with high cross-chain interoperability that works with different layers to increase 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 supports the ecosystem's infrastructure and data network, as well as the settlement of Bora points. Its code is modeled after Ethereum, and both use a proof-of-stake 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, allowing 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 application layer is where end users interact. It hosts all the content for the Bora ecosystem, including 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 who do not want to build on other blockchains. Bora's modular structure also enables developers to 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.

BORA is the blockchain's native token with a 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 incentivizing 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 token but migrated to the Klaytn blockchain because of the latter's focus on gaming and metaverse applications.

After its update to Bora 2.0, Bora migrated from a proof-of-authority to a PBFT consensus mechanism, resolving many issues faced by other consensus mechanisms like proof-of-stake or proof-of-work. 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, opening up potential further use cases in industries beyond gaming.

BORA is available on Upbit, Bithumb, and Coinone.