Sora

About Sora token

SORA has developed a new blockchain-based monetary systemfocused on sustaining economic stability in areas prone to financial turbulence. With SORA, a non-debt-based system is put in place in a bid to offer a well-balanced economic model to counter the instability weaker nations tend to experience. The core of SORA's technology is a token bonding curve, which improves the transparency and stability of monetary issuance. The mechanism adjusts supply based on real economic activities which in return alleviates the problem of wasteful expenditure and supports efficiency in economic growth. Also, the on-chain governance provided by SORA allows for voices from the community to participate actively in monetary and legislative sdecisions, making governance more democratic. One of the notable applications of SORA’s framework is the Bokolo Cash CBDC, a pilot project by the Central Bank of Solomon Islands which showcases the practicality of SORA.

These kinds of partnerships demonstrate SORA's adaptability and integrability to different economic environments and positions it to be a foundational building block for new economic systems in developing countries.

Key metrics & performance data

($XOR) is an Ethereum-based cryptocurrency token with this contract address 0x40fd72257597aa14c7231a7b1aaa29fce868f677. The official launch date of the token was January 01, 2019.

Currently, the Sora price is $6e-18 with a 30.27% increase in the last 24 hours. The token has a 24-hour trading volume of $12 151.22 and a total market capitalization of $40 350. ($XOR) is held in 24,940 wallet addresses with the top 10 addresses holding 0.27% of the entire supply.

On the social front, Sora has 8,815 Telegram members (down by ↓10 in the past week).

Current site metrics show that $XOR is ranked 73th in popularity, and 2620th in GuGu Rank.