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Dora Network – ICO Detailed Information


ICO Dora Network
Dora Network Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start February 1, 2019
End March 31, 2019
Rating 3.1
Status
KYC Yes
Founded
Categories Payment
Token DNT
Whitepaper No
Discussion

Dora Network Overview

ICO description, Technical Details and Documents

The cryptocurrency space is currently going through a process of recovery, after a year-long bearish market and an infamous "crypto winter" that has knocked the prices of countless coins down by over 80%. With a situation like that, 2018 was believed to be the year that ended the creation of new tokens, at least those which would be sold through ICO models.

While other models, such as STOs and IEOs emerged as a replacement, the ongoing price recovery shows that ICOs are truly extinct. There were already multiple successful token sales, in the previous few months, while others are currently on-going. Of course, there are also token sales scheduled for the future.

One project that already held its ICO is Dora Network, which is quite an interesting one.

About Dora Network


Dora Network is a high-performance public blockchain which is dedicated to high-concurrency dApp execution. The project aims to improve performance by addressing three different aspects - Vertical Expansion, Horizontal Expansion, and DVBC consensus.

Vertical expansion explores the parallelism between contracts, but also within them. The goal is to execute smart contracts to their maximum, while the TPS are improved. When it comes to the horizontal expansion, it means that Dora Network supports multi-chain technology, as well as cross-chain transactions. Finally, DVBC (Delegate Verifiable BFT Consensus), brings a hierarchical design, in order to balance security and performance. It is based on BFT, DPoS, and VRF.

Furthermore, it does this with no transaction fees, and is fully compatible with EVM, with a goal of enabling fast migration of dApps. Dora Network also allows cross-chain transactions and uses a multi-chain approach to bring unlimited expansion, and millions of TPS, making it a crucial solution for the future of scalability.

Dora Network ICO details


As mentioned, Dora Network has already had its ICO, which was held from February 1st until March 31st of this year. Its coin, DNT, could be obtained in exchange for Ethereum (ETH) coins. 1 ETH was enough to purchase 7,000 DNT. The coin's price, therefore, was at around $0.03, with the total supply of the token being at 1 billion units, all of which were available for sale.

The project, based in Hong Kong, required the buyers to go through a KYC procedure, as an only requirement. The token itself was developed on Ethereum's network, which makes it an ERC-20 token.

While the token sale may have ended, investors looking to purchase this coin are advised to carefully study it first. Purchasing any token or coin blindly is never a good idea, and it can often lead to losing funds in a scam. While Dora Network, and its DNT token, appear to be an entirely legitimate project — that is certainly not true for all offered cryptocurrencies out there.

In addition, investors can read Dora Network's white paper and decide whether or not this is a coin they wish to deal with in the future. While the project holds big potential for the future of the crypto space, it is always best for each individual investor to do their research and make an educated decision before buying.

Author: Ali Raza for Crypto-Rating.com

Dora Network Milestones

* Crypto Rating accepts no liability for any errors in the Dora Network ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 83.2% 25 $47 514.86 0.03% 4.04% $894 161 245 483 $28 719 970 368
2 Ethereum (ETH) ETH Ethereum predictions 70.8% 52 $3 425.09 -4.04% 3.39% $402 666 663 593 $18 286 623 700
3 Cardano (ADA) ADA Cardano predictions 66.8% 64 $2.37 -2.40% -1.36% $75 781 714 075 $2 487 829 825
4 Binance Coin (BNB) BNB Binance Coin predictions 62.8% 71 $411.72 -2.88% 1.09% $69 224 713 306 $1 527 065 026
5 Tether (USDT) USDT Tether predictions 90.8% 1 $1.000505 0% 0.04% $68 288 419 652 $68 611 287 328
6 XRP (XRP) XRP XRP predictions 73.6% 54 $1.076541 -1.68% 0.07% $50 190 746 420 $3 097 982 561
7 Solana (SOL) SOL Solana predictions 60.8% 90 $144.23 -5.53% -20.65% $42 811 715 184 $4 598 352 380
8 Polkadot (DOT) DOT Polkadot predictions 63.2% 81 $33.93 -2.81% 14.82% $33 510 932 866 $2 377 195 223
9 Dogecoin (DOGE) DOGE Dogecoin predictions 68% 67 $0.242934 1.34% 0.11% $31 903 126 082 $2 283 954 463
10 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $1.000592 0.03% 0.04% $29 326 641 867 $2 830 929 347
11 UniSwap (UNI) UNI UniSwap predictions 72.8% 57 $24.71 -5.84% 8.18% $15 112 382 412 $538 836 442
12 Avalanche (AVAX) AVAX Avalanche predictions 66.8% 69 $65.07 -0.74% 35.80% $14 334 471 719 $1 976 567 012
13 Terra (LUNA) LUNA Terra predictions 67.6% 67 $35.13 -6.95% -12.79% $14 112 450 042 $1 162 902 372
14 Chainlink (LINK) LINK Chainlink predictions 74% 57 $28.33 -5.40% 5.96% $12 847 482 644 $1 503 217 743
15 Binance USD (BUSD) BUSD Binance USD predictions 94% 1 $1.000515 0.03% 0.04% $12 832 920 510 $5 737 193 114

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