Bora (BORA): D-Score 32/100 — Centralized Leaning BlockIndex D-Score: 32/100 (Centralized Leaning). Bora (BORA) is a Layer 1 cryptocurrency using BFT consensus. Bora: Korea-origin modular gaming blockchain with BORA token, side-chain scalability (~2,200 TPS) and developer SDKs. Source: https://blockindex.ai/coin/bora · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 32: Node distribution: 3: Initial distribution: 0: Governance: 11: Age and history: 13: Autonomy: 5: Key facts - Layer: Layer 1 - Consensus: BFT (N/A) - Launch: ICO (2018) - Founder: Launched by a Korean development team; no single primary founder specified in provided sources - VC funded: Yes - Max supply: 1,205,750,000 - Circulating: 1,099,750,000 (91.2%) Market data (as of 2026-06-19) - Price: $0.02 - Market cap: $26.05M - 24h volume: $167,374.5 - 24h change: -2.47% · 7d change: -2.56% About Bora is a Korea-origin games-and-entertainment-focused blockchain ecosystem designed to serve GameFi and digital-content use cases. Evolving from an ERC-20 token representation on Ethereum to a token presence on the Klaytn network, Bora positions itself as a modular, developer-friendly environment that separates application, service and core settlement layers. The project emphasizes lower fees and higher throughput tailored for real-time game workloads, and the team has published developer tooling (notably the BORA ATOLL SDK), an asset-management and token-exchange app, and integration patterns for studios and creators. Partnerships with more than 30 companies in gaming and adjacent industries are highlighted as seeding points for ecosystem activity, and the platform supports an internal incentive currency (Bora Points) designed to complement BORA token utility within marketplaces and content experiences. From an architectural perspective, Bora adopts a three-tier model—application, service and core—where independent side chains operate above a settlement core. The Bora 2.0 migration marked a transition away from a proof-of-authority posture toward a PBFT-style (BFT) consensus to strengthen liveness and security for multiplayer and real-time workloads. Side chains are claimed in project materials to reach roughly 2,200 TPS, a performance target set specifically for interactive gaming scenarios. The platform emphasizes cross-chain interoperability and bridging mechanics to enable token and asset movement across external chains and settlement layers; historical traces of the token exist on Ethereum (ERC-20) and the current token representation is available on Klaytn Scope and token trackers such as CoinMarketCap and CoinGecko. In terms of tokenomics and distribution, the available disclosure documents a total supply of 1,325,000,000 BORA with circulating supply approximated at 1.09B (≈82.3% of max supply) in snapshot data aggregated from public token trackers. Distribution breakdowns in public sources describe allocations that include a token sale (~40%), reserve (~20%), ecosystem (~25%) and team & advisors (~15%). The extracts do not present an explicit on-chain emission curve or a detailed mint/burn schedule; rather, monetary policy is described by these allocation buckets and ongoing ecosystem incentives such as Bora Points. Market snapshots included in the combined sources show a price of about $0.03931, a market capitalization around $43.23M, a 24h trading volume near $761.66K, and an all-time high near $1.50 (Feb 8, 2022). Governance and organizational constructs are described in the provided materials as team-led with a governance council rather than a fully on-chain DAO. Public materials identify a named executive team (CEO Gyehan Song, CSO Key Yune, CTO Igoo Lee and other engineering leads) and reference company-level operations originating in Korea, though formal corporate registration details are not included in the extracted sources. Security history in the supplied materials shows no documented chain freezes or major security incidents; risks highlighted in the extracts focus on migration and bridging complexity (ERC-20→Klaytn migration) and some historical compiler/static-analysis warnings on older contract pages. Forward-looking signals emphasize developer tooling, modular side-chain scaling, and continued partnerships and integrations to drive GameFi adoption. Links - Website: https://coinmarketcap.com/currencies/bora/ - Whitepaper: N/A - GitHub: N/A --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore