Bora is a decentralized ecosystem designed for games and entertainment. Its primary objective is to attract games and applications from the GameFi sector to its Bora Chain, thereby avoiding the high gas fees associated with blockchains like Ethereum. To achieve this, Bora employs a two-tiered blockchain system: the BORA token operates on the Klaytn blockchain, a public blockchain that emphasizes metaverse and gaming use cases. The Bora Chain functions as a modular blockchain, acting as an execution layer for decentralized applications. The Bora team offers development toolkits to assist developers in creating decentralized applications within its ecosystem. Additionally, it uses Bora Points, a currency within the ecosystem, to support development and incentivize contributions to Bora. These Bora Points can be converted into the BORA token.

Bora was initiated by a Korean team specializing in blockchain and mobile development. The CEO, Gyehan Song, is a seasoned game developer with over two decades of experience, including a tenure at Samsung Electronics. Key Yune, the company's CSO, also brings 20 years of expertise in developing online desktop and mobile games, having created several titles that are extremely popular in Korea. The CTO, Igoo Lee, is an infrastructure operations manager renowned for his involvement in building the infrastructure for games such as Crossfire and FIFA Online. Kyoungwook Cheon, serving as the project's VP of Engineering, is a former computer engineer and founder of the Free Chal game portal in 2000. The team has established partnerships with over 30 companies in the blockchain and gaming industry. These include enterprises like ENP Games, UNIT5, Supertree, Neon Games, and Emong, as well as educational consultant RS Edu, digital healthcare service provider Hurray Positive, and grid address platform Infoseed.

Bora is a blockchain renowned for its high cross-chain interoperability, utilizing different layers to enhance security, scalability, and reliability. Bora appeals to game developers due to its user-friendly API, web interface, and seamless interoperability within its ecosystem. It offers infrastructure tools for developers and content creators to manage and retain users, including the Bora point system integrated with its BORA token. Bora's blockchain is comprised of three layers: the application layer, the service layer, and the core layer. The core layer serves as the foundational layer of the blockchain, underpinning the infrastructure and data network of the ecosystem. It also facilitates the settlement of Bora points. Modeled after Ethereum, the core layer utilizes a proof-of-stake consensus mechanism. The service layer contains the APIs and software development kits that integrate with the content and applications developed for Bora. The Bora chain explorer, situated in the service layer, allows for the tracking of all BORA token movements. Bora’s BORA ATOLL software development kit provides developers with tools to manage and design applications specifically for Bora. The application layer is where end users interact, hosting all content within the Bora ecosystem as well as the asset management platform, the Bora app. This app supports token exchange functions and access to free content applications. This multi-layer blockchain structure provides an attractive option for game developers who prefer not to build on other blockchains. Bora's modular design allows developers to efficiently test and develop projects on its blockchain before potentially migrating to other chains. Notably, Bora's transaction throughput, at 2,200 TPS, significantly surpasses that of even lower-gas fee chains like BNB Chain. To explore more about Bora, please refer to Eulerpool for comprehensive insights and updates.

BORA is the blockchain's native token, with a total supply of 1.325 billion. The distribution of BORA is structured as follows: - Token sale: 40% - Reserve: 20% - Ecosystem: 25% - Team & Advisors: 15% BORA can be exchanged for the blockchain's internal Bora Points, which serve as a reward currency for content providers, event management, and game incentives. Bora Points can be smoothly converted back to the BORA token, which is available for trading on various exchanges. Originally an ERC-20 token, BORA migrated to the Klaytn blockchain due to Klaytn’s emphasis on gaming and metaverse applications.

Following the upgrade to Bora 2.0, Bora transitioned from a proof-of-authority to a PBFT consensus mechanism, addressing many challenges encountered by other consensus mechanisms such as proof-of-stake or proof-of-work. Bora's design allows for theoretically infinite expansion. If needed, additional blockchains can be constructed on top of the existing core layer blockchain, which functions as the settlement layer for transactions on the Bora network. Consequently, each independent side chain on Bora is capable of handling approximately 2,200 transactions per second, thus broadening its potential applications in industries beyond gaming.

BORA is listed on Upbit, Bithumb, and Coinone.