BORA/BORA#285 4

What is Bora (BORA)?

Bora (BORA) is a decentralized entertainment platform focused on integrating gaming and digital content within a modular, scalable blockchain infrastructure. Developed by a team of Korean blockchain and mobile development experts, Bora aims to solve the inefficiencies and limitations of traditional content platforms — such as high gas fees and poor scalability — by offering an alternative tailored for the GameFi and metaverse sectors.

BORA operates a two-layered blockchain model:

• The BORA token is deployed on the Klaytn blockchain, known for its gaming and metaverse focus.
• The Bora Chain serves as a modular execution layer, optimized for decentralized applications (dApps).
  

The project’s infrastructure includes tools like SDKs, APIs, and the BORA ATOLL toolkit, designed to help developers build, manage, and scale GameFi products efficiently. Users engage with the platform via the BORA App, which supports token exchange, app access, and wallet services.

How Does Bora Work?

Bora uses a three-layered architecture designed for performance, developer accessibility, and user interaction:

• Core Layer: The foundational blockchain infrastructure built on a Proof-of-Stake (PoS) model. It supports the entire ecosystem and handles settlements, token issuance, and Bora Point conversions.
  
• Service Layer: Hosts the SDKs and APIs, including developer tools like BORA ATOLL and the Bora Explorer. It serves as the middle layer between dApps and the chain.
  
• Application Layer: The user-facing layer where content such as games, NFTs, and dApps live. The BORA App operates here, offering asset management, wallet functions, and token interactions.
  

BORA 2.0 replaced the older Proof-of-Authority system with a PBFT (Practical Byzantine Fault Tolerance) consensus, enhancing decentralization, reliability, and scaling potential. Each sidechain under Bora’s modular design is capable of handling up to 2,200 TPS, making it suitable for high-volume GameFi platforms.

Key Features

• Dual Blockchain Structure: Combines Klaytn’s public chain with Bora’s modular chain to separate execution and token layers.
  
• Developer SDKs & APIs: Simplified onboarding for game studios via BORA ATOLL and other toolkits.
  
• Bora Points System: An internal currency within the Bora ecosystem, convertible to BORA tokens for platform-level utility.
  
• High TPS Throughput: Each modular sidechain supports ~2,200 transactions per second, enabling fast and cost-effective operations.
  
  
• Interoperability: Supports cross-chain functionality and multichain expansion for scalability and application growth.
  
• BORA App: A hub for token swaps, ecosystem interaction, and wallet management.
  

Who Are the Founders of Bora?

BORA was developed by METABORA, formerly MOYASOFT, and is led by a team of experienced professionals from the gaming and tech industries. Gyehan Song (CEO) is a veteran developer with 20+ years of experience, including work at Samsung Electronics. Key Yune (CSO) brings deep expertise from Korea’s online and mobile gaming scene. Igoo Lee (CTO) has built infrastructure for major games like FIFA Online and Crossfire, while Kyoungwook Cheon (VP of Engineering) founded Free Chal and has led game infrastructure development. BORA has established partnerships with over 30 companies, including ENP Games, Supertree, Neon Games, and RS Edu.

What is the BORA Token?

BORA is the native utility token of the Bora ecosystem, operating on the Klaytn blockchain. It serves several roles:

• Enables transactions, content access, and staking.
• Acts as a bridge between Bora Points and other assets.
• Powers ecosystem rewards and governance.

BORA is central to the platform’s reward mechanics, facilitating engagement in dApps, GameFi titles, and NFT-based interactions. Bora Points, earned within applications, can be converted into BORA tokens, creating a gamified economy that benefits both users and developers.

Where to Buy BORA Token?

BORA tokens are available on both centralized and decentralized exchanges. Leading platforms where users can trade BORA include Upbit, OKX, Gate.io, Bithumb, Coinone, BingX, and DragonSwap V3 (Kaia). Trading pairs commonly include BORA/KRW, BORA/USDT, and BORA/BTC. Upbit remains the most active market, contributing over 70% of the daily volume. For DeFi users, BORA is also accessible via KLAYSwap and DragonSwap V3, offering liquidity through WKLAY and USDT pairs.

Which Wallets Support BORA?

BORA tokens can be securely stored in several crypto wallets, particularly those compatible with Klaytn-based tokens. Some of the most suitable wallets include:

• TokenPocket
• OKX Wallet
• Kaikas (native to Klaytn)
• ABC Wallet
• D’CENT Wallet
• Rabby Wallet