Gora Celebrates 2nd Anniversary as the Leading Oracle on Algorand

Gora Network
3 min readOct 13, 2023

Gora is proud to celebrate its 2nd anniversary as the leading oracle in Algorand. Over the past two years, Gora has made significant progress in building a decentralized oracle network that provides secure and reliable data feeds to smart contracts on Algorand. From its beginning as a hackathon winner to becoming the leading oracle on the Algorand blockchain, let's take a walk down memory lane and explore what's in store for the next chapter of Gora's incredible story.

Milestones

Gora was founded in 2021 by a team of experienced blockchain developers. Since then has achieved significant milestones, securing the prestigious first-place position in Encode’s Algorand Hackathon in October 2021, and receiving the esteemed first oracle Supagrant from the Algorand Foundation in December 2021.
The team was motivated to build a decentralized oracle network because they believed that it was essential for the growth and adoption of decentralized applications (dApps).

Gora has achieved a number of milestones over the past two years, including:

  • Launching the Gora mainnet in June 2023
  • Securing partnerships with leading Algorand projects, such as Pera Wallet, Tinyman
  • Attracting well established data providers to the Gora network and to Algorand
  • Becoming the referenced oracle and one of the leading projects on Algorand

Launch of the Gora Token

In June 2023, Gora launched the $GORA token. The $GORA token is used to govern the Gora network and to reward users for participating in the ecosystem.

The $GORA token launch was a major milestone for Gora. It allowed the team to raise funds to support the development of the project and to create a community of stakeholders who are invested in the success of Gora solution.

The Gora Hackathon

In August 2023, Gora hosted its first hackathon. The hackathon was a great success, with over 100 participants from around the world. The winners of the hackathon developed a number of innovative applications that use Gora data feeds.

Future Plans

Gora has a number of ambitious plans for the future. The team is working on expanding the network to support more blockchains and to provide a wider range of data feeds. The team is also working on developing new oracle services, such as a prediction market and play a key role in leading digital transformation for organizations.

Gora is committed to building a truly decentralized oracle project. The team is working on a number of initiatives to achieve this goal, as the DAO and implementing on-chain governance.

Gora is also focused on expanding its product offerings and expanding its reach into new markets. In the coming months, Gora plans to launch new DeFi products and expand its support for other chains. Our project has a number of ambitious plans for the future, and the team is well-positioned to continue to grow and innovate.

To join the celebration, join our Discord server and get a commemorative free NFT! 🎁

About Gora

Gora is a leading Blockchain oracle platform that provides secure, reliable, and decentralized data feeds for DeFi protocols. With a mission to enable seamless data integration for smart contracts, Gora empowers DeFi projects to make data-driven decisions and unleash the full potential of decentralized finance.
Stay tuned as we embark on this exciting journey towards a more inclusive, efficient, and secure DeFi landscape. Together, we are shaping the future of finance, one block at a time.

For more information about Gora, visit our Linktree.

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Gora Network

Gora is the next-gen oracle and provider of real-world data solutions, built on Algorand. For more info go to: www.gora.io