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What is BOSagora?
BOSagora embodies the vision of realizing a true democracy by amalgamating "BOS," representing the basic operating system of a computer, and "AGORA," symbolizing direct democracy. It's a blockchain project aimed at fostering a democratic decision-making process through a decentralized platform.
Key Features of BOSagora:
- Transparent Governance: Establishing an open decentralized blockchain protocol ensures transparency of the consensus algorithm and contract clarity, enriching the blockchain ecosystem.
- Democratic Decision-Making: BOSagora focuses on implementing a democratic decision-making process based on Smart Contracts and Congress Network, enabling the expression of collective intelligence.
- VOTERA: Designed to address issues like social pressure and centralized decision-making, VOTERA fosters honest and clean decision-making on the Agora Network, allowing everyone to share opinions and make harmonious decisions.
Benefits of Congress Network
- Funding Proposal: Members can propose funding requests supported by the Commons Budget, accumulated through block rewards, to enrich the Agora ecosystem.
- Block Confirmation Reward: Validators receive rewards for confirming blocks, incentivizing network participation and security.
- Validator Opportunities: Becoming a validator grants participation in collective decision-making, contributing to proposals, discussions, and voting on projects of common interest.
Why Choose BOSagora?
BOSagora prioritizes democracy, legitimacy, fairness, transparency, and efficiency. Its implementation of Smart Contracts ensures efficient and secure contract creation, accessible to all users. Moreover, BOSagora's Proof of Stake (POS) consensus mechanism not only ensures energy efficiency but also provides generous rewards and voting rights to validators, promoting network security and participation.
BOSagora Chain
Utilizing Gasper, a combination of Casper-FFG and LMD-GHOST, BOSagora employs a PoS consensus mechanism proven reliable and secure, akin to Ethereum's Beacon Chain. The blockchain aims for full decentralization, transitioning from Proof of Authority (PoA) to PoS, enhancing security and reliability.
BOASwap: Bridging the Divide
BOASwap facilitates seamless interaction between Ethereum and Agora Mainnets through protocols like DEX Protocol, Bridge Protocol, and interfaces. It provides functionalities like asset management, token swapping, liquidity pooling, and cross-chain transactions, enhancing accessibility and usability for users on both networks.
Team Background
Inhwan Kim, with over 35 years of marketing experience, notably led prominent brands like Paxnet and Jeju Samdasu. Joining BOSagora in 2015, Kim served as the foundation's president. Serge Komaromi, transitioning from a career in traditional banking to environmental advocacy, brought his expertise to BOSagora in 2017, overseeing legal matters. Don Tapscott, renowned for his book 'Blockchain Revolution' and his influential role in business thinking, serves as an advisor. Tapscott's establishment of The Blockchain Research Institute in 2017 underscores his dedication to exploring blockchain's potential. These individuals contribute diverse skills and perspectives, enhancing BOSagora's efforts to revolutionize blockchain governance and promote environmental sustainability.
Similar Projects
Some similar projects to BOSagora: Ankr Network, Ethereum Meta, Gridcoin, Hunt, inSure DeFi, Kepple, Sentinel...
Project Development
BOSagora, an advocate for the Everyday Blockchain Platform, has forged a partnership with Alibaba Cloud, China's foremost cloud service provider, aiming to bolster the Agora network's stability post its mainnet launch. Currently, 2,350 validators are actively participating, with a substantial portion of BOA tokens locked up.
The collaboration with Alibaba Cloud aims to create a more stable environment for validators. Alibaba Cloud, a major player in China's cloud service landscape, extends its support to the Web 3.0 ecosystem through offerings like the Blockchain Node Service, facilitating seamless development on its infrastructure.
The partnership entails preferential computing services for BOSagora validators and close cooperation on various fronts. This alliance not only ensures the stability and competitiveness of the Agora network but also accelerates the growth of DApps on the platform. As BOSagora continues its mission of leveraging blockchain for societal betterment, collaborations like these underscore its commitment to innovation and progress.
BOSagora Price Analysis
As of December 21 2024 BOSagora has a marketcap of $8M. This is {{percentagefromath}} from its all time high of $0.606288. In terms of its tokenomics, there's a total supply of 1.2B with 48% currently outstanding. Keep in mind BOSagora has a fully diluted value of $16M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
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