BORA Holds KBW2022 “BORA NEXT” Announces the Establishment of “Cross Chain” to Lead the Global Web 3.0 Market

• BORA launches the onboarding service in the second half based on solid groundwork such as DEX, NFT and Portal
• Establish a cross-chain to expand the global ecosystem and contact point for user liquidity

SEOUL, South Korea, August 8, 2022 /PRNewswire/ — BORANETWORK (CEO Gyehan Song), a blockchain-based content platform operator, held a conference on the 8th for BORA in Korea Blockchain Week 2022 (hereinafter referred to as “KBW2022”), which is the largest blockchain event in Asia.

During this conference, BORANETWORK and KakaoGames presented the business status of BORA and the future direction of the expansion of the ecosystem in cooperation with Polygon, an Ethereum scaling platform, to the media under the theme BORA NEXT: Expanding Across & Beyond.

Representative Kyehyun Cho of Kakao Games revealed BORA’s onboarding services that will be released in the second half of this year, including METABORA’s BIRDIE SHOT, XL Games’ ArcheWorld and Rising Wings’ COMPETZ, along with the line-up as a casual battle, BORA Battle (working title), a sports simulation, Baseball the BLOCK (working title) and a screen golf, Friends Screen NFT (working title).

In case of co-representative Sangjoon Woo of METABORA announced to establish a “cross chain” environment to expand the global ecosystem of BORA and user liquidity, and has announced a partnership with Polygon as its first step.

BORA plans to expand the BORA portal market ecosystem with Polygon NFT compatibility, through the partnership with Polygon. Polygon will provide technical support to BORA and help onboard BORA’s partners and NFT IPs to the Polygon ecosystem.

Urvit Goel, Head of Global Games Business Development at Polygon, said: “We are excited to work with BORA to help them expand liquidity and introduce greater composability to the gaming ecosystem. By leveraging Polygon, BORA NEXT users will benefit from low fees and fast transactions while leveraging the Ethereum network’s inherent security. Polygon is committed to supporting developers in Korea and looks forward to working with the best to increase the adoption of blockchain games globally.”

Co-representative Sangjoon Woo of Metabora said “we came to establish a cross-chain with global blockchain platforms to establish an environment easily accessible to users worldwide,” adding “we plan to explore different ways and develop different content by cooperating closely with many partners to keep the ecosystem of BORA growing.

Meanwhile, BORA has opened BORA PORTAL where all content services of BORA in games, entertainment and sports are gathered in one place and continues to develop a digital content specialized blockchain ecosystem by attracting around 20 companies known in blockchain technology, games and intellectual property rights (IP) into the governing council.

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BORA PORTAL URL: https://boraportal.com/

BORA website URL: https://borachain.io/

KBW2022 Website URL: https://koreablockchainweek.com/

Press release contacts

Vice President, Seungmin Lee on METABORA, [email protected]

Boss, Dongwan Ha on METABORA, [email protected]

About BORANETWORK

As a subsidiary of METABORA, a casual and blockchain game developer, and a developer of the blockchain platform BORA, BORANETWORK serves user-friendly blockchain-based games and entertainment content based on a wealth of experience in development and service.

BORA Platform is associated with various partners across industries capable of bringing a shift and advancement in tokenomics, content and blockchain technology, covering a range of content from games to entertainment to guild DAO through an aggressive eco-fund investment and partnership. It is also developing services optimized for GameFi such as NFT trading, token exchange and DeFi by running the BORA Portal.

BORA is a national game/entertainment token with high liquidity in the market and enhances the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding the partnership.

About polygon

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. The growing suite of products gives developers easy access to large scale solutions, including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, standalone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.

SOURCE CHILDREN’S NETWORK