SORA

SORA is all about enabling economic growth. To do this, XOR are minted and allocated to producers to make new goods and services. When the SORA Parliament allocates capital, it is exercising the most powerful force there is: the creation of new purchasing power. 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 is built on Parity Substrate as a standalone blockchain, as well as planning to utilize a parachain on both Kusama and Polkadot, along with many more connections via bridges. SORA is a supranational economic system that is based on the Disaggregated Quantity Theory of Money [*] and aims to be the catalyst for advancing humanity. We are a community that 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. SORA has set out to resolve many of the challenges of current cryptocurrencies through math and innovation. SORA tokenomics rely 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 make proposals and decisions, thus clear separation of powers allows for careful review and avoids self-selection. The Token Bonding Curve (TBC) manages the supply of tokens in a rational way, without human involvement, to create a system that avoids the boom-bust problems of traditional economies and the deflationary economics of many cryptocurrencies. SORA is working to become the new economic system for the Earth, the metaverse, and beyond.