Company Information

Get to know Bora DAO

BORA is a blockchain-based platform designed to support and distribute digital content, primarily focusing on the gaming and entertainment sectors. Initially developed by Way2bit, the project was acquired and is now led by METABORA, a subsidiary of the South Korean gaming giant Kakao Games. The ecosystem operates on its own blockchain, which aims to provide high transaction speeds and low fees suitable for dApps. The governance of the platform, including key decisions on network policies and funding, is managed by the Bora DAO, where holders of the BORA token can participate in voting. The project's mission is to create a transparent and scalable ecosystem for developers and users to interact with blockchain-powered games and entertainment services.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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Bora DAO

South Africa

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.