BOSagora

Halal Rating :
Comfortable
Last Price $0.013 Last updated:
Rank 1239
1D Change 2.20 %
Market Cap $6.91m
Circulating supply 539,405,576
Maximum supply 4,950,000,000

Crypto Overview

Categories
  • DAO
  • Ethereum Ecosystem
  • DWF Labs Portfolio

Purpose and Utility

BOSagora (BOA) is a blockchain platform that aims to create a decentralized congress system and provide a public blockchain infrastructure for decentralized applications (dApps). The project's main focus is on developing a democratic, self-evolving governance structure through what they call the 'Congress Network'.

Business Model Analysis

The platform operates through a modified Proof of Stake consensus mechanism called Trust Contract, where token holders can participate in governance and validation. The business model appears transparent and focuses on legitimate blockchain infrastructure development without involvement in prohibited activities.

Real-World Adoption

BOSagora has shown moderate adoption with some partnerships in South Korea. The platform has integrated with various blockchain projects and continues to develop its infrastructure, though usage remains relatively limited.

Development Activity

The project maintains active development on GitHub, with regular updates to its core protocol. The team continues to work on improving the platform's scalability and governance mechanisms.

Token Distribution and Governance

The token distribution includes allocations for development, ecosystem growth, and community initiatives. While detailed vesting schedules are not publicly available, the project demonstrates ongoing development rather than purely marketing-focused activities.

Rating Justification

Member Vote

Agree: 0 Disagree: 0

Login to vote on this

Comments

0 Comments

Login to join the discussion