Price
$0.0348
11/30/2022, 8:49:40 PM
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Market

Market stats

Market cap

$10.9M

Volume (24h)

$340,262.42

Circulating supply

313.6M BOA

All time high

$0.62

Price change (1h)

+0.26%

Price change (24h)

+0.1%

Price change (7d)

-6.53%

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BOSAGORA is on the decline this week.

The price of BOSAGORA has fallen by 6.53% in the past 7 days. The price increased by 0.10% in the last 24 hours. In just the past hour, the price grew by 0.26%. The current price is $0.0348 per BOA. BOSAGORA is 94.38% below the all time high of $0.62.

The current circulating supply is 313,595,030.737 BOA.

About

What Is BOSAGORA (BOA)?

BOSAGORA platform is a decentralized self-evolving cryptocurrency. According to the whitepaper of BOSAGORA, the platform is built on Trust Contracts and an embedded decision-making system called the Congress Network. Trust Contracts are executable contracts based on a protocol layer. It provides a safe and efficient smart contract engine and an easy-to-develop language with multiple tools for easy adoption by developers.

Furthermore, Congress Network solves governance issues arising in decentralized organizations. It promotes DAO, wherein all node administrators have the right to vote. The rule followed is “one vote for one node.” The focus of BOSAGORA is on developing an open, decentralized blockchain that ensures transparency of the consensus algorithm and clarity of contracts.

The key attributes of BOSAGORA aim to be the following:

Forward-thinking- The plan is to develop a full-node proof-of-stake and Federated Byzantine Agreement (FBA) consensus algorithm blockchain platform with innovative technology development for more speed and trust.

Byzantine Agreement is a foundational concept in blockchain technology. A Byzantine Agreement is reached when a minimum number of nodes agree that the solution presented is correct, validates a block, and allows its inclusion on the blockchain.

Fair– On BOSAGORA, anyone can represent a democracy that offers a high level of fairness with the advanced deliberative democratic decision-making tool.

Dependable- There is clear transparency so that everyone can see the project and make decisions based on established procedures.

As per the whitepaper, the BOA coins are issued in three ways; Initial Development Budget (10%), confirmation rewards (54%), and the Commons Budget (36%).

Initial Development Budget- These are the coins distributed earlier to the Genesis Block for the final development of the software. These coins include airdrops and bounties. The first block of the cryptocurrency ever minted was known as Genesis Block. Four hundred fifty million BOA are created with the Genesis Block. Minting is the process in blockchain to validate information, create a new block, and record this information into the blockchain.

Conformation Rewards- These are financial rewards distributed to the nodes for every confirmed block. This reward is relative to the coins frozen in the node. Through confirmation rewards, 2.7 billion BOA rewards are created.

Commons Budget- The Commons Budget is a BOA asset in which a fixed amount of BOA is accumulated every time a block is generated, and 30% of transaction fees are continuously collected. Its usage is sought by a proposal in the Congress Network, and it is authorized by the Congress Network through voting. The Commons Budget may be used to develop the BOSAGORA ecosystem in a variety of ways.

History of BOSAGORA (BOA)

The whitepaper of BOSAGORA was released in March 2021. The BOSAGORA Foundation was established in ZUG and Switzerland on April 7, 2017. Serge Komaromi is the founder of BOSAGORA. He has served as a fund manager in the international bank UBS. IWAN Kim is the president of BOA. He has more than 35 years of experience in marketing. Mario Lee is the vice president of BOA. He is the first member who created a shopping mall solution in Korea in 1999.

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FAQ

What is the current price of BOSAGORA?

The price of 1 BOSAGORA currently costs $0.0348.

What is the market cap of BOSAGORA?

The current market cap of BOSAGORA is $10.93M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of BOSAGORA?

The all-time high of BOSAGORA is $0.62. This all-time high is highest price paid for BOSAGORA since it was launched.

What is the 24 hour trading volume of BOSAGORA?

Over the last 24 hours, the trading volume of BOSAGORA is $340.26K.

What other assets are similar to BOSAGORA?

Assets that have a similar market cap to BOSAGORA include AC Milan Fan Token, Hegic, ERC20, and many others. To see a full list, see our comparable market cap assets.

How many BOSAGORA are there?

The current circulating supply of BOSAGORA is 314 million.