BOSAGORA: Cryptocurrency Built on Trust Contract

tl;drBOSAGORA is a decentralized self-evolving cryptocurrency built on Trust Contracts and the Congress Network. The native token of BOSAGORA is BAO. The main aim of BOSAGORA is to establish a censorship-resistant blockchain and decentralized platform that stakers can decide on what projects to support within a democratic decision-making process. Financial data indicates that Bosagora’s market cap rank decreased from late June to mid-October, 2021, from 388 to 749. Although, the trend got reversed from mid-October, leading to the rank of 574 with approximately $71 million when writing this post. Also, regarding BAO's popularity, it should be mentioned, this token Twitter follower went up by 10%, surpassing 15k over the last 5 months.
BOSAGORA: Cryptocurrency Built on Trust Contract
BOSAGORA: Cryptocurrency Built on Trust Contract
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BOSAGORA KEY ATTRIBUTES

The three main values and features in BOSAGORA network include:

  • this network is a pioneer in realizing the future and aims to present the first blockchain platform in Federated Byzantine Agreement consensus algorithm and full-node Proof of Stake;
  • through a clear transparency feature, everyone can see the full project and make decisions based on the established procedures;
  • with the sophisticated deliberative democratic decision-making technology, everyone can embody democracy, which ensures the highest level of fairness through open and inclusive decision-making.

Also, It worth mentioning that Don Tapscott is the blockchain advisor of BOSAGORA. He is the author of the international best-seller ‘Blockchain Revolution. Also, In 2015, Thinkers50 named Don as the 4th most important business thinker in the world. You can buy BOA, the native token of Bosagora in crypto markets such as KuCoin and Gate.io.

WHICH PROJECTS ARE SIMILAR TO BOSAGORA?

At the time of writing this post, Bosagora is comparible with three similar cryptocurrency projects including, SandboxAxie Infinity Shard, and Decentraland. Over the last year, the Bosagora return of investment (ROI) was about 190%. This growth amount is considerable at the first glance. However, it is not compatible with the three similar projects. The SandboxAxie Infinity Shard, and Decentraland annual ROI were 127X, 20X, and 51X more than the Bosagora. over the last month, the investors could enjoy 62% profit at the time of writing this post on 18th November 2021, which is a considerable amount in comparison with Axie Infinity. But much lower than Sandbox and Decentrland. Regarding the market cap of similar projects, Bosagora is quite a ways. Currently, the Sandbox, Axie Infinity Shard, and Decentraland market cap are $8, $4, $3 billion, respectively. However, it is only $70 million for Bosagora. The number of wallets created for the Bosagora is about 1,108, and the number of transactions is 20,001 at the time of writing this post.

OVERVIEW OF BOSAGORA

The BOSAGORA is a decentralized self-evolving cryptocurrency built on Trust Contracts and the Congress Network, which is an embedded decision-making system. BOSAGORA is made of two words, “BOS” and “AGORA,” which shows the true birth of democracy. Currently, the native token of Bosagora is BOA.

Bosagora seeks to deliver an efficient, secure smart contract engine as well as an easy-to-develop language with a wide range of tools and widespread adoption among developers.

The Main Aim of BOSAGORA

The main aim of BOSAGORA is to establish a censorship-resistant blockchain and decentralized platform that stakers can decide on what projects to support within a democratic decision-making process. 

The Congress Network is the decision-making body in the BOSAGORA platform that resolves governance issues that arise in decentralized organizations.  

The Congress Network operates on the principle of one vote per node. In other terms, it proposes a distributed autonomous organization (DAO) in which all node administrators have equal voting rights and no delegate is elected.

RECENT HIT NEWS ABOUT BOSAGORA

On November 5th, BOSAGORA, signed a business agreement with Telos, which is a blockchain-based Metaverse platform developer company. It means that BOSAGORA intends to participate in the MetaCity Forum and actively participate in the MetaCity. The key point of this agreement is contribution of Metaverse technology such as VR, AR, etc. for MetaCity.

FINANCIAL ANALYSIS

Investors are always looking for projects that bring them the highest Return On Investment (ROI). According to our data, BOA provided its investors with a 189% ROI over the last year, much lower its similar projects’ average ROI (1,329%). Also, Bosagora underperformed in comparison with the cryptocurrency market’s top 1500 projects’ average ROI (34,223%).

Bosagora’s Recent Stats:

Market cap is among the most critical factors in financially analyzing cryptocurrency projects. Our data show that Bosagora’s market cap rank declined from late June to mid-October, 2021, from 388 to 749. However, the trend got reversed from mid-October, leading to the rank of 574 with approximately $71 million when writing this post.

Talking about price, BOA’s price fluctuated around $0.1 from late June to mid-October, 2021. After that, the price started to increase, reaching $0.23 on November 18.

Is BOA Popular?

The more a cryptocurrency project gains public attention, the higher its success chance would be. BOA’s popularity on Twitter and Telegram saw opposite trends over the last five months. Its Twitter followers went up by 10%, surpassing 15k. However, BOA’s Telegram channel users declined by 11%. 

CAN BOSAGORA BE THE BEST CRYPTOCURRENCY TO INVEST IN?

Deciding about including a cryptocurrency project in your investment list needs your careful attention. Aside from information about the market, no one better than you is aware of your own financial situation and preferences. Therefore, no one can advise you better than you. At Cryptologist, we provide you with all the information you need to make a wise decision. By removing emotions from your decisions and freeing up your intelligence, we help you make the most out of your investment.

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