About Kora Network
Our blockchain stores identity and transactions, runs software modules, and connects to other blockchains while preserving user privacy. We use Tendermint DPoS as a consensus algorithm, allowing for scalability while maintaining decentralization. The blockchain is secured by the Kora Network Token (KNT).
eFiat are digital versions of national currencies that users understand and trust. They are 100% backed by cash reserves, and redeemable on a 1:1 basis.
CVNs empower users to pool capital for lending or investment, social assistance, financial education and other services.
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Rated on May 14, 2018
Update after new WP
Rated on Apr 13, 2018
Verdict: 3.5 out of 10
The Idea of the project is great, but it is too far from realization. The team lacks experience for such ambitious ideas and plans. We find the planned allocation of their funds ridiculous (30% for Onboarding users to the Network and 10% primarily for seed-funding startups that build value-added applications on the Kora Network). The tokenomics of the project will not bring large returns on investments in the short term. Even in the long term, Kora Network have to compete with other projects in this field.
It is also worth mentioning two redflags found during our research:
Redflag!!! There are many accounts (bots) in their telegram group which send same messages about how great the project is. They ask the same questions again and again, even after receiving answers!!!
Redflag!!! Admins from the Telegram group deleted my messages (about competitors) until I said I was doing research on their project. They said that bots deleted my messages, not them. However, my messages disappeared after one to two minutes, not immediately.
Rated on Mar 27, 2018
thank you for your review. We have since updated our project, website, and Vision Paper since your review and we ask that you review again and update accordingly. Regards
Rated on Feb 16, 2018
Looking unserious and middling.
There are many similar projects. Nothing new.
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TeamApply as an advisor
CEO & Co-Founder
Business Development Lead
Public sale starts at 30% discount (0.07 USD).
Kora 1.0 Development Begins - USSD, SMS & Mobile App.
Kora 1.0 Launches on Ethereum Testnet.
User Testing Launched in West Africa.
Core Network Development.
Pre - Sale.
Kora 1.0 Launches on Permissioned Testnet.
First Beta Launches.
First Beta meets all milestones.
Launch Pilot in Africa.
Asia & Global Expansion.
Kora 2.0 Launches.