BORA (BORA)

What is Theta Fuel?

BORA 2.0 was created to accommodate a wide range of game, content, entertainment-specific demands on blockchain technology, and to overcome the existing limitations of BORA 1.0. BORA 2.0 aims to advance the level of transparency and to enhance user experience by introducing various products to support the ecosystem.

BORA 2.0 plans to establish an expanded ecosystem by actively engaging in community communication via various channels. With BORA 2.0 renewal, BORA will realize our vision to become the ecosystem to 'Store, secure and grow your entertainment crypto assets'.

Outstanding features

The Key Features of BORA 2.0

Strong Connection with Klaytn

BORA 2.0 can, through its connection with the public chain Klaytn, form various Eco-product. Furthermore, BORA’s assets could be of a reasonable value even in Klaytn.

These products that have been developed internally by the BORA Team for BORA 1.0 can be developed with various partners active on Klaytn from BORA 2.0 onwards.

In the future, BORA 2.0 will develop the ecosystem so that the projects can receive effective support from the participation in the BORA ecosystem, not only through the Eco-products as described above but also through interactions between BORA Team’s research and development and various partners on Klaytn.

PBFT and Governance Council

  BORA 2.0 wants to change the consensus algorithm to PBFT for its speed, fault tolerance and finality as described above. If the consensus algorithm is changed, it is possible to reduce the risk related to security, which is a drawback of PoA, and gain the advantage of PoA’s speed and efficiency. Further, when operating in the same algorithm for the public blockchain Klaytn, which forms the base for BORA 2.0, it is anticipated that it will be easier to collaborate with several partners that are already active in Klaytn.

Dynamic Token Economy

  In order to form a vibrant BORA 2.2 ecosystem, need to secure high-quality projects with various partners for the BORA environment in the early stages. With the current global Defi, NFT and GameFi fever, blockchain platforms internationally have been expanding on their individual ecosystem by competitively receiving large-scale investments and actively forming partnerships. In actuality, in the case of Solana, they managed to form a game fund of almost 200 billion by the end of 2021 and showed ambitions to onboard better projects in this market environment.

Eco Fund and Community

 Intend to form an Eco Fund so that can discover good projects early and can continually develop these projects so that various participants can expand the BORA ecosystem together for BORA 2.0. The BORC Eco Fund will be formed with the BORA Funding Network, which will include not only the BORA Network but also various Crypto Funds or Equity Fund Management Companies worldwide. Through this Fund, investment into Crypto Projects or NFT Projects that are based on contents, games, and entertainment would be carried, and intend to strengthen working relations so that the key projects can onboard BORA.

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