Explore Aura Network, a high-performance Layer 1 ecosystem designed for Web3 adoption in emerging markets. Discover its user-friendly NFT trading platform, scalable infrastructure, and cost-effective solutions. Learn about AURA Token’s utility, governance, and how to get involved in the Aura ecosystem.
What is Aura Network?
Aura Network is a high-performance Layer 1 ecosystem with built-in modularity, leading the mass adoption of Web3 in emerging markets.
The Aura Network protocol allows users to mint, rate, track data, or trade NFT to construct a strong platform to support all trading assets on the crypto market more simply and easily.
- Aura Network Foundation works directly with brands & IP owners to bring their web2 portfolios to web3.
- Focus on better user experience
- Pushing forward NFT adoption on real-life use cases.
- Providing web3 developers with open-source, scalable tools to accelerate software development.
- Aura Network is built using Cosmos SDK, the world’s most used framework for building blockchains.
Learn more about Aura Network.
Why Aura Network?
Emerging Countries
Aura Network recognizes the unique opportunities in emerging countries where the lack of legacy technologies allows for direct adoption of new tech solutions. This creates a favorable environment for innovative and user-centric technological adoption, including blockchain and cryptocurrencies.
Tailored Approaches
Aura Network emphasizes the importance of tailored approaches to address the distinct economic landscapes of emerging countries. Blockchain’s advantages, such as cross-border transfers and transparency, can have a significant impact on financial decentralization and trust-building in public institutions.
Cost-Effective and User-Friendly
Aura Network aims to provide cost-effective transactions and competitive transaction fees, making it an attractive choice for users and developers in cost-sensitive regions. The platform also prioritizes user experience, offering seamless onboarding and customization options for developers to create region-specific applications.
Infrastructure for Mass Adoption
Aura Network’s infrastructure is designed to support not only NFTs but also more complex and user-friendly decentralized applications (dApps). The network aims to facilitate the massive adoption of blockchain technology in the future.
Comprehensive Solutions
Aura Network provides valuable public infrastructure through modular blockchain architecture, addressing the trilemma of scalability, security, and decentralization. The network aims to empower emerging countries and propel them to the forefront of the decentralized future.
How does Aura Network work?
Aura Network focuses on resolving three challenges facing the NFT market, including:
A standardized framework for managing NFTs
The basis for NFT’s standard interfaces was created by token standards like ERC-721 and ERC-1155. How these tokens are created and used in dApps depends on the creativity of developers. It is the source of complexity in developing dApps.
A multi-chain solution that enhances the utility of NFT
Private Blockchain and Public Blockchain are the 2 components of the current blockchain. The majority of the current NFTs are developed on public blockchain networks, but Aura Network seeks to expand the user base and applicability of NFTs.
NFT Infrastructure Improvement for Metaverse
The advancement of real-world asset development to NFT is important for reaching Metaverse parallelism.
The last stage of Aura Network is to collaborate with game and service providers like Decentraland, Axie Infinity, Meta, Microsoft, and others to bring NFT on-chain to these virtual worlds as a common framework for working with NFT.
What is AURA Token?
Aura Token is the BEP20 token on BNB Smart Chain. This token acts as placeholder for Aura Coin after Aura Mainnet launches. Aura Token can be freely traded on the cryptocurrency market.
Overview
- Token Name: Aura Network
- Ticker: AURA
- Blockchain: BNB Smart Chain
- Token Standard: BEP20
- Contract: 0x23c5D1164662758b3799103Effe19cC064d897D6
- Token type: Utility, Governance
- Total Supply: 1,000,000,000
- Circulating Supply: Updating…
AURA Token Allocation
- Block Rewards: 25%
- Team: 20%
- Ecosystem Growth: 20%
- Strategic: 20%
- Foundation Reserves: 10%
- Public Distribution: 5%
AURA Token Use Cases
AURA Tokens can be used for:
- Governing: Holders can vote for software updates or important decisions on the Aura community.
- Staking: Aura holders can delegate their coins to earn passive commission.
- Transaction fee: This blockchain’s native coin is used to pay for transaction fees.
- Exchange and Swap: AURA can be exchanged or swapped in the market.
How to get AURA Tokens
Users can get AURA tokens on supported exchanges like Baryon Network, Impossible Finance. Also, users can stake or farming to earn more AURA token reward on Baryon Network.
Team
Conclusion
With its extraordinary functionality and potential, Aura Network is poised to revolutionize the digital asset industry and cross web3 boundaries. Aura Network is well-positioned to become a key player in the world of digital assets and Web3 innovation.
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