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BORA (BORA) price, chart, coin profile and news
Find the latest BORA (BORA) price, coin profile, news and history to get you started with BORA trading and investing.
What is BORA?
BORA is a blockchain platform that aims to distribute digital content into a decentralised space. It is built on top of an Ethereum Layer-2 network. Though initially focusing on mobile video games, according to the company website, BORA intends to expand its digital reach to establish blockchain in "your daily life". The project’s innovative in-game model prevents price-hiking by allowing users to perform peer-to-peer transactions within games. Since its launch, the BORA dApp service currently has over 50 million gamers using its services. Unlike other decentralised gaming platforms that create new games (and so, a new audience), BORA plans to migrate already-popular games onto their network and, therefore, retain a large user base. Founded in South Korea, BORA works in collaboration with other major Asia-based blockchains such as Klaytn to help grow the ecosystem. BORA is an ERC-20 (Ethereum-based) token native to the platform. It is used to buy, sell and trade games within BORA-based digital applications. Tokens can also be used for in-app purchases and as an incentive for users to adopt the platform. Uniquely, the gaming platform uses a dual-token structure to help avoid the high gas fees prominent with Ethereum. The second coin is called SHELL and can be exchanged directly for BORA.
BORA (BORA) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of BORA is $0.871719, which is -2.403% lower than yesterday. Prices have ranged between $0.921891 and $0.847948 over the past 24 hours. All prices are listed in US dollars and accurate as of January 18, 2022 10:01 UTC.
Recent BORA developments
BORA (BORA) priceUse our graph to track the performance of (BORA) over time.
BORA at a glance
|Total BORA supply||1,205,750,000|
|All time high||US$1.61|
BORA price performance over time
Disclaimer: Cryptocurrencies, including BORA, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BORA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the BORA or any other cryptocurrency discussed.
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