Boba Network is now listed on Cryptology!
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What is Boba Network?
Communicate cross-chain clearer, faster and smarter with Boba Network.
It is a Layer 2 scaling solution that expands the Ethereum and even Binance Smart Chain blockchains.
As the blockchain looks for more utility, Boba Network brings it even closer to the real world to achieve this.
Developers can unlock the power of real world data through their unique Hybrid Compute feature. Through just a single line of code Web2 data is brought together with Web3 protocols and infrastructure to unlock new possibilities for businesses.
The Boba Network ecosystem is a hustle and bustle of Web3 innovation:
- SushiSwap - Decentralized Exchange.
- Dexsport - Decentralized sportsbtetting.
- MetaMask - Digital asset wallet.
- Evoverses - GameFi project.
- Blockchain bridges - including Ethereum, Binance and Avax.
- Teahouse - DeFi asset management tool.
As you can see there are multiple use cases for the Boba Network with some of the blockchain’s biggest names taking advantage of their infrastructure.
So far more than 800,000 transactions have been sent across the Boba Network across a total of 23,412 wallet addresses that have locked in $30 million in assets.
The Boba Network token
The native token of Boba Network is called BOBA.
It is an ERC-20 token built on the Ethereum network.
Users can use BOBA token for:
- Governance.
- Pay for gas fees.
- Earn rewards.
- Launch Hybrid Compute in Boba smart contracts.
BOBA’s market stats:
- Current market cap: $39,012,221
- Circulating supply: 171,624,232 BOBA
- Max supply: 500,000,000 BOBA
- Twitter: 355,601 followers
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Katya V.
Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.