SORA (XOR) is a decentralized economic system. It implements a new way of building a blockchain that connects to the Polkadot ecosystem using built-in tools focused on DeFi. Nevertheless, today the token of SORA shows sharp dips of $93.51 by losing 5%, while its high was at $99.58 during the day. SORA’s trading volume crossed the $3,106,389 million milestones by -3% in the last 24 hours, and the market cap totaled $38,738,447, ranking 604 on Coinmarketcap.
SORA is positioned as a decentralized autonomous economy (DAE), as I mentioned above, in which users all participate together in creating a better world. In the Sora app, users can send and receive Sora XOR tokens, accumulate reputation points, and earn XOR by voting for projects supervised by Sora. SORAMITSU is building Sora to create a new economic system to improve the efficiency of society. Sora focuses on empowering projects that benefit society by providing new goods and services. Last week, RMRK and SORA have announced a collaboration to put RMRK pallets on the SORA network.