What is Sora?

Symbol: XOR · Market cap rank: #3265

Short answer

Sora (XOR) is a cryptocurrency currently ranked #3265 by market capitalisation.

Source: isthiscoinascam.com

Overview

Sora is described as a supranational world economic system with a decentralized, democratic governance structure. The project also presents SORA as a network within the Polkadot ecosystem intended to connect to the Polkadot relay chain and parachains, with built-in tools focused on DeFi.

The description says Sora provides tools for decentralized applications using digital assets, including atomic token swaps, bridging tokens to other blockchains, and creating programmatic rules involving digital assets. SORA Parliament is stated to be the governance system for the Sora Network.

Scam-risk analysis

Sora has a moderate score — some risk signals were raised but no critical concerns. Is Sora a scam?

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