The community envisions a new economic world order — one that is truly decentralized and democratic. SORA is building to deliver financial inclusion for all without discrimination, and provide a better method to manage day-to-day finances.
The SORA Network excels at providing tools for decentralized applications that use digital assets, such as atomic token swaps, bridging tokens to other blockchains, and creating programmatic rules involving digital assets.
SORA has set out to resolve many of the challenges of current cryptos through math and innovation. SORA tokenomics relies on a Token Bonding Curve that helps mitigate boom-bust valuations of most cryptocurrencies and manages the challenges of not having an elastic supply of capital. In the SORA Parliament, no single body or committee can both propose and decide something, clear separation of powers allows for careful review and avoids self-selection.
Unlike many other blockchain networks and societies that use token voting, SORA will utilize multi-body sortition in order to govern the SORA blockchain network and use of the SORA funds in a decentralized way.