BORA Ecosystem

Overview

6 Juy 2018

1. EXECUTIVE SUMMARY

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1. Summary

2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

2. MOTIVATION

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1. Summary

2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

3. BORA CHAIN

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2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

• BORA Chain Network• BORA-Point, BORA Token Manager• BORA Infrastructure

• BORA Chain API, SDK• Identification, Membership• Operating Tools, Data Analytics

• Contents Provider (App, Web)• BORA Platform (App, Web)

• Public Blockchain Network• ERC-20 Contract

4. BORA ECOSYSTEM

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Exchangeor DEX

BORA Platform,BORA Chain

IncentiveProgram

Contents Providers

Users

3rd party servicesGame play

Purchase itemsSend gifts, etc.

RewardEvent prizeetc.

Buy / Sell

Buy / SellAD

Data

“BORA-Point” (“BORA Chain”)“BORA” (ERC-20)

2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

4. BORA ECOSYSTEM (Cont’)

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“BORA”

“BORA Play”(for Game)

“BORA Enjoy”(for Game Community)

······(Plan to expand)

BORA ChainERC-20

2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

5. ROADMAP

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2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

Q2 2018

• BORA Ecosystem –PrototypeDev. Net 구축, 내부테스트

• 플랫폼아키텍처디자인• 백서 1.0 발간

• BORA 체인구조 R&D• 토큰경제구조 R&D

• BORA Ecosystem – Beta1퍼블릭베타데모공개

• BORA Dev. Toolkit (베타)• BORA Block Explorer (베타)• BORA Back Office (베타)• 서비스인프라스트럭처구축

• UX/UI 리서치• 플랫폼상호운용성 R&D

• BORA Ecosystem – Alpha퍼블릭알파데모공개

• BORA 토큰생성이벤트• BORA Dev. Toolkit (알파)• BORA Block Explorer (알파)• BORA Back Office (프로토)• 개발인프라스트럭처구축

• 어뷰징방지시스템 R&D• 비즈니스모델링(게임)

• BORA Ecosystem – Beta2‘BORA’ 웹포털베타오픈게임앱시범서비스

• 플랫폼서비스 QA• BORA Partners Portal (베타)• BORA Incentive Program

(알파)• BORA Data Analytics (베타)

• Business modeling(beyond games)

• BORA Ecosystem 1.0‘BORA’ 웹포털출시게임 DApp 정식서비스

• BORA Dev. Toolkit 출시• BORA Block Explorer 출시• BORA Back Office 출시• BORA Partners Portal 출시

• 플랫폼성능개선 R&D

• BORA Ecosystem 1.1‘BORA’ 모바일출시

• BORA Dev. Toolkit 업데이트• BORA Incentive Program 출시

• 생태계확장 R&D• UX/UI 리서치

• BORA Ecosystem 2.0BORA 체인, 플랫폼성능개선

• BORA Dev. Toolkit 업데이트• BORA Arcade 출시• BORA Partners Portal 2.0

• 지불및토큰스왑 R&D• 탈중앙화플랫폼거버넌스

R&D

• BORA Ecosystem 3.0게임외장르로서비스확장BORA Chain 스케일링향상

• BORA Dev. Toolkit 업데이트• BORA Payment 출시

• 합의알고리즘 R&D

Q3 2018

Q4 2018 Q2 2019 Q4 2019

Q1 2019 Q3 2019 Q2 2020

6. TEAM

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GYEHAN SONGFOUNDER & CEO

KYUNGHO YUNEBUSINESS DIRECTOR

SEOHO RYUBLOCKCHAIN ENGINEER

YOUNGJU ROHBLOCKCHAIN ENGINEER

BONGJUN KIMPRODUCT, SERVICE DESIGN

JESOUNG BAHKCOMMUNICATION MANAGER

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• Multi linguist product specialist•

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2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

CHANGKYUN OHCFO

IGOO LEETECHNICAL DIRECTOR

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7. ADVISORS

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2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

JOON MO KWONFounder, Four Thirty Three Inc.

• Serial entrepreneur, investor• CEO of Nexon, Inc.• CEO of Nexon Mobile Inc.• Founder, CEO of Entelligent Inc.• Professor, Kyung Hee Univ.• Ph.D, Psychology, Columbia Univ.

RYAN UHRCEO, Coinplug Inc.

• Celizion, Inc.• Cisco Systems, Inc.• ExiO Communications, Inc.• Hyundai Electronics, Inc.• BS, Electronic Engineering, Korea

University

More advisors to be added.

WILLIAM CROISETTIERBlockchain Investor + Advisor

• Naspers Ventures• Bachelors from UC Berkely in Applied

Math, CS focus• Masters from Stanford Engineering in

Biomechanical Engineering• Masters from Stanford Business School

in Management

8. PARTNERSHIPS

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2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

More partnership to be added.

9. TOKEN STRUCTURE

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1,325,000,000 BORA 40%, Sale

20%, Reserve

25%, Ecosystem

15%, Team & Advisors

70%

6%14%

10%

Project operation

Business, Marketing

Service, Research

Development

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2. Motivation

3. BORA Chain

4. BORA Ecosystem

5. Roadmap

6. Team

7. Advisors

8. Partnerships

9. Token Structure

1. Summary

DISCLAIMERIMPORTANT NOTICE: PLEASE READ THE ENTIRETY OF THIS “Disclaimer” SECTION CAREFULLY. WE RECOMMEND YOU CONSULT A LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) OR EXPERTS FOR FURTHER GUIDANCEPRIOR TO PARTICIPATING IN THE BORA ECOSYSTEM TOKEN SALE OUTLINED IN THIS WHITE PAPER.

1. Legal Statement

(a) This whitepaper (“Whitepaper”), in its current form, is circulated forgeneral information purposes in relation to the Bora Network blockchainproject as presently conceived and is subject to review and revision. Theinformation in this Whitepaper is current only as of the date on the coverhereof. Thereafter, the information in this whitepaper and/or informationconcerning Boranetwork PTE, Ltd. (“Bora Network”) may have changedsince this date.

(b) No person is bound to enter into any contract or binding legalcommitment in relation to the sale and purchase of the BORA Token and nopayment is to be accepted on the basis of this Whitepaper. Any sale andpurchase of the BORA Token will be governed by a legally bindingagreement, the details of which will be made available separately from thisWhitepaper. In the event of any inconsistencies between the abovementioned agreement and this Whitepaper, the former shall prevail.

(c) This Whitepaper does not constitute or form part of any opinion on anyadvice to sell, or any solicitation of any offer by the issuer / distributor /vendor of the BORA Token to purchase any BORA Token nor shall it or anypart of it nor the fact of its presentation form the basis of, or be relied uponin connection with, any contract or investment decision.

(d) The BORA Tokens are not intended to constitute securities, units in abusiness trust, or units in a collective investment scheme, each as definedunder the Securities and Futures Act (Cap. 289) (“SFA”) of Singapore.Accordingly, this Whitepaper therefore, does not, and is not intended to,constitute a prospectus, profile statement, or offer document of any sort,and should not be construed as an offer of securities of any form, units in abusiness trust, units in a collective investment scheme or any other form ofinvestment, or a solicitation for any form of investment in any jurisdiction.

(e) No BORA Token should be construed, interpreted, classified or treatedas enabling, or according any opportunity to, purchasers to participate inor receive profits, income, or other payments or returns arising from or inconnection with the Bora Ecosystem, BORA Tokens, or products, or toreceive sums paid out of such profits, income, or other payments or returns.

(f) This Whitepaper and any part hereof may not be reproduced,distributed or otherwise disseminated in any jurisdiction where offeringtokens in the manner set out this Whitepaper is regulated or prohibited.

(g) No regulatory authority has reviewed, examined or approved of anyof the information set out in this Whitepaper. No such action has been orwill be in any jurisdiction.

(h) Where you wish to purchase any BORA Token, the BORA Tokens arenot to be construed, interpreted, classified or treated as: (a) any kind ofcurrency other than cryptocurrency; (b) debentures, stocks or sharesissued by any entity; (c) rights, options or derivatives in respect of suchdebentures, stocks or shares; (d) rights under a contract for differencesor under any other contract with the purpose or pretended purpose tosecure a profit or avoid a loss; or (e) units or derivatives in a collectiveinvestment scheme or business trust, or any other type of securities.

2. Restrictions on Distribution and Dissemination

(a) The distribution or dissemination of this Whitepaper or any partthereof may be prohibited or restricted by the laws or regulatoryrequirements of any jurisdiction. In the case where any restriction applies,you are to inform yourself about, and to observe, any restrictions whichare applicable to your possession of this Whitepaper or such part thereof(as the case may be) at your own expense and without liability to BoraNetwork or its representatives, agents, and related companies (includingWay2bit Co., Ltd. (“Affiliates”).

(b) Persons to whom a copy of this Whitepaper has been distributed ordisseminated, provided access to or who otherwise have the Whitepaperin their possession shall not circulate it to any other persons, reproduceor otherwise distribute this Whitepaper or any information containedherein for any purpose whatsoever nor permit or cause the same tooccur.

3. Disclaimer of Liability

(a) The BORA Tokens and related services provided by Bora Network andits Affiliates are provided on an “as is” and “as available” basis. BoraNetwork and its Affiliates do not grant any warranties or make anyrepresentation, express or implied or otherwise, as to the accessibility,quality, suitability, accuracy, adequacy, or completeness of the BORATokens or any related services provided by Bora Network and its Affiliates,and expressly disclaims any liability for errors, delays, or omissions in, orfor any action taken in reliance on, the BORA Tokens and related servicesprovided by Bora Network and its Affiliates.

(b) Bora Network and its Affiliates do not make or purport to make, andhereby disclaims, any representation, warranty or undertaking in anyform whatsoever to any entity or person, including any representation,warranty or undertaking in relation to the truth, accuracy andcompleteness of any of the information set out in this Whitepaper.

(c) To the maximum extent permitted by the applicable laws andregulations, Bora Network and its Affiliates shall not be liable for anyindirect, special, incidental, consequential or other losses of any kind, intort, contract or otherwise (including but not limited to loss of revenue,income or profits, and loss of use or data), arising out of or in connectionwith any acceptance of or reliance on this Whitepaper or any part thereofby you.

4. CautionaryNote on Forward-Looking Statements

(a) Certain information set forth in this Whitepaper includes forward-looking information regarding the future of the project, future eventsand projections. These statements are not statements of historical factand may be identified by but not limited to words and phrases such as“will”, “estimate”, “believe”, “expect”, “project”, “anticipate”, or words ofsimilar meaning.

Such forward-looking statements are also included in other publiclyavailable materials such as presentations, interviews, videos etc.information contained in this Whitepaper constitutes forward-lookingstatements including but not limited to future results, performance, orachievements of Bora Network or its Affiliates.

(b) The forward-looking statements involve a variety of risks anduncertainties. These statements are not guarantees of futureperformance and no undue reliance should be placed on them. Shouldany of these risks or uncertainties materialize, the actual performanceand progress of Bora Network or its Affiliates might differ fromexpectations set by the forward-looking statements. Bora Network or itsAffiliates undertake no obligation to update forward-looking statementsshould there be any change in circumstances. By acting upon forward-looking information received from this Whitepaper, Bora Network or itsAffiliates’ website and other materials produced by Bora Network or itsAffiliates, you personally bear full responsibility in the event where theforward-looking statements do not materialize.

(c) As of the date of this White Paper, the BORA Platform has not beencompleted and is not fully operational. Any description pertaining to andregarding the BORA Platform is made on the basis that the BORAPlatform will be completed and be fully operational. However, thisparagraph shall in no way be construed as providing any form ofguarantee or assurance that the BORA Platform will eventually becompleted or be fully operational.

5. Potential Risks

(a) Please carefully read every piece of information, understand andanalyze the risks related factors before deciding to participate andpurchase the BORA Token. The risks include, but are not limited to:

(i) risk of losing access to BORA Token due to loss of private key,credentials and other identification information, or any other kindof custodial or purchaser errors;

(ii) fluctuations of the price of BORA Token post issuance due to thegeneral global market and economic conditions. Such volatility inthe value of the BORA Token may lead to BORA Network not beingable to fund the development of the BORA Ecosystem, or may notbe able to maintain the BORA Ecosystem in the manner intended;

(iii) any malfunction, unplanned function or unexpected operationof the Ethereum protocol which may, in turn, cause the BORA Tokenor the Bora Ecosystem to malfunction or operate in a way that is notexpected as they are based on the Ethereum protocol. Ether, thenative Ethereum Protocol account unit, may itself lose value in asimilar way to BORA Token, and also in other ways;

(iv) changes in political, social, economic and stock orcryptocurrency market conditions, and the regulatory environmentin the countries in which Bora Network or its Affiliates conduct theirbusinesses and operations, and the ability of Bora Network or itsAffiliates to survive or compete under such conditions.

(xiii) BORA Tokens confer no governance rights of any kind withrespect to the BORA Network project, the BORA Ecosystem and/orBORA Network and all decisions will be made by BORA Network atits sole discretion, including decisions to discontinue the BORANetwork’s products or services, the BORA Network project and/orBORA Ecosystem, to create and sell more BORA Tokens for use inthe BORA Ecosystem or to sell or liquidate BORA Network; and

(xiv) The tax treatment and accounting of the BORA Tokens isuncertain and may vary amongst jurisdictions. There may beadverse tax consequences and independent tax advice inconnection with purchasing BORA Tokens should be obtained.

In addition to the risks stipulated above, there are other risks that BoraNetwork and its Affiliates cannot predict. Risks may also occur asunanticipated combinations or as changes in the risks stipulated herein.

(b) If any of such risks and uncertainties develops into actual events, thebusiness, financial condition, results of operations and prospects of BoraNetwork or its Affiliates could be materially and adversely affected. Insuch cases, you may lose all or part of the value of the BORA Tokens.

6. No Further Information or Update

No person has been or is authorized to give any information orrepresentation not contained in this Whitepaper in connection with theBORA Token, Bora Network or its Affiliates and their respectivebusinesses and operations, and, if given, such information orrepresentation must not be relied upon as having been authorized by oron behalf of Bora Network or its Affiliates.

7. No Advice

No information in this Whitepaper should be considered to be business,legal, financial or tax advice regarding the BORA Token, Bora Network orits Affiliates. You should consult your own legal, financial, tax or otherprofessional advisor(s) regarding the BORA Token, Bora Network or itsAffiliates and their respective businesses and operations. You should beaware that you may be required to bear the financial risk of any purchaseof BORA Token for an indefinite period of time.

It is possible that certain jurisdictions will apply existing regulationson, or introduce new regulations addressing, blockchain technology,which may be contrary to the BORA Token and/or the BORAEcosystem which may, inter alia, result in substantial modificationsof the BORA Ecosystem and the BORA Network blockchain project,including termination and loss of BORA Tokens;

(v) changes in the future capital needs of Bora Network or itsAffiliates and the availability of financing and capital to fund suchneeds. A lack of funding could impact the development of the BORAPlatform and the uses or potential value of the BORA Token;

(vi) for a number of reasons including, but not limited to, anunfavorable fluctuation in BORA Token value, the failure of businessrelationships or competing intellectual property claims, the BoraNetwork project may no longer be a viable activity and may bedissolved or simply not launched;

(vii) the lack of interest from large number of companies,individuals and other organizations for the Bora Ecosystem andservices and that may have limited public interest in the creationand development of distributed applications. Such a lack of interestcould lead to a lack of funding and also impact the development ofthe BORA Platform and the uses or potential value of BORA Token;

(ix) competition from alternative platforms that may have beenestablished, which could potentially adversely impact the BORAToken and the Bora Ecosystem (e.g. lack of commercial success orprospects caused by competing projects);

(x) interference with the use of BORA Token and the infrastructureof the Bora Ecosystem due to any weaknesses or malware that maybe intentionally or unintentionally introduced into the software ofthe Bora Ecosystem. The blockchain used for the platform is alsovulnerable to attacks which pose a risk to the platform and theperformance of related services;

(xi) occurrences of catastrophic events, natural disasters that affectthe businesses or operations of Bora Network or its Affiliates andother factors beyond the control of Bora Network or its Affiliates.This includes mining attacks, attacks by hackers or other individualsthat could result in theft or loss of proceeds of the BORA Token sale,or the BORA Token and impacting the ability to develop the BORAEcosystem;

(xii) the BORA Token and other cryptocurrencies are a new, untestedtechnology and constantly developing. The full functionality of theBORA Token is not yet complete and no assurance can be providedof such completion. As technology matures, developments incryptographic technologies and techniques or changes inconsensus protocol or algorithms could present risks to the BORAToken, the BORA Token sale, the BORA Network project and/or theBORA Ecosystem, including the utility of the BORA Token;

BORA EcosystemBlockchain platform ecosystemto promote content distribution and user activity

contact@boraecosystem.com