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SORA logo — SORA is a supranational world economic order with on-chain g...

SORA

SORA is a supranational world economic order with on-chain governance to propose & fund goods & services. SORA Ab Chao 天

Founded 2017 Sri Lanka Sri Lanka 4 employees Blockchain, Financial Services +1

General Information

Company Name SORA
Founded Year 2017
Location Sri Lanka Sri Lanka +1
Employees 4
Industries Blockchain, Financial Services, Internet
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About SORA

SORA is a blockchain startup founded in 2017 that aims to revolutionize the world economic order through its innovative approach. The company's slogan, "SORA is a supranational world economic order with on-chain governance to propose & fund goods & services. SORA Ab Chao 天," encapsulates its mission. SORA focuses on enabling economic growth by minting XOR tokens and allocating them to producers for the creation of new goods and services, effectively exercising the creation of new purchasing power. The SORA network, built on Parity Substrate, provides decentralized applications with tools to utilize digital assets through atomic token swaps, token bridging, and creating programmatic rules involving digital assets. SORA plans to utilize a parachain on both Kusama and Polkadot, along with various connections via bridges, to create a supranational economic system based on the Disaggregated Quantity Theory of Money. The company aspires to be a catalyst for advancing humanity and envisions a new economic world order. SORA's tokenomics rely on a Token Bonding Curve to manage the supply of tokens in a rational way, aiming to mitigate the volatile valuations of most cryptocurrencies and address the challenges of an elastic supply of capital. The SORA Parliament operates under a clear separation of powers to ensure careful review and decision-making. The Token Bonding Curve (TBC) autonomously manages the token supply to avoid traditional boom-bust problems and the deflationary economics of many cryptocurrencies. In summary, SORA is poised to become the new economic system for the Earth, the metaverse, and beyond, offering a decentralized and democratic approach to financial inclusion and day-to-day financial management for all.

Taxonomy: Cryptocurrency, Tokenomics, Financial Inclusion, Decentralized Applications, On-chain Governance, Economic System, Digital Assets, Parachain, Supranational Economic Order, Metaverse, Technology Innovation, Mathematical Economics, Token Bonding Curve, Parity Substrate

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FAQ About SORA

SORA is a supranational world economic order with on-chain governance to propose & fund goods & services. SORA Ab Chao 天
SORA was founded in 2017.
SORA is headquartered in Sri Lanka.
SORA operates in the following industries: Blockchain, Financial Services, Internet.
SORA has approximately 4 employees.

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