Boba Network is an optimistic-based multichain layer-2 scaling solution that aims to unlock the potential of rollup technology and enable more flexible blockchain communication. The protocol is fully compatible with EVM-based tools and has already deployed multichain support for Avalanche, BNB, Moonbeam and Fantom, supporting lightning-fast transactions and fees anywhere from 40-100X less than the respective layer-1. Boba Network is powered by Hybrid Compute technology that brings the power of Web2 on-chain, with smarter smart contracts that allow developers to leverage off-chain compute and real-world data to deliver enriched experiences for decentralized applications.
The Boba Foundation launched its native network token called $BOBA, designed to enhance Boba’s advanced scaling infrastructure and create a true decentralized experience for its users.
The foundation's vision is to create an infrastructure where it gives the decision making back to the user and improves how value is generated and distributed amongst its networks.
Boba is the first scaling solution that is expanding its infrastructure to multiple EVM-compatible blockchain protocols and transitioning into a multichain executing layer.
Boba Network has partnered with a large variety of prominent infrastructure projects, industry giants and small start ups.
Building world-changing technology is a massive task. Collaborating with partners to build a thriving network is part of what drives Boba Network forward.