Avorak AI has gained significant recognition in the crypto world. Recent data suggests that it cycles Solana and Cardano blockchains faster than most other AI.
Solana and Cardano news
Solana (SOL) and Cardano (ADA) have been at the center of crypto news in June. This is as a result of the United States Securities and Exchange Commission’s (SEC) lawsuits against Binance and Coinbase, two of the world’s most popular cryptocurrency exchanges. In the lawsuits, ADA, SOL, and several other altcoins were referred to as securities by the SEC. This caused a significant decline in their prices as FUD (Fear, Uncertainty, and Doubt) increased among investors and users. To add to this, Robinhood, another popular crypto exchange, announced the end of support for ADA and SOL starting from June 27 due to the regulatory uncertainty. Additionally, Bakkt, a New York-based derivatives exchange reportedly suspended trading of SOL and ADA, following the actions of eToro suspending several operations for these tokens in the U.S. This has had a toll on the already struggling SOL and ADA prices. Moreover, analysts hint at further delistings, which inturn indicates further declines in their prices. However, it’s important to note that on–chain data suggests that some of the other aspects of the Solana and Cardano blockchains remain active, with Solana experiencing a surge in new contracts.
Avorak AI is a new AI platform on the BNB Smart Chain. This AI Crypto has captured the attention of the crypto community because of its first-to-market approach to AI and blockchain synergy.
Blockchain technology involves recording and verifying transactions, executing smart contracts, and maintaining decentralized networks. Avorak AI’s advanced algorithms and state-of-the-art computing infrastructure allow it to handle these tasks at great speeds, providing faster and more accurate results and reducing processing time. This remarkable efficiency enables Avorak AI to cycle through the Solana and Cardano blockchains faster than the majority of other AI and can be crucial for individuals and businesses relying on these blockchains, as it could greatly enhance their overall efficiency.
The Avorak AI platform also offers chatbots, image creators, virtual assistants, trading bots, 3D modeling tools, blueprint drafters, security monitors, and more. All of the solutions include first-to-market features and enhancements. For example, Avorak’s text-generating AI, unlike most of the available ones, uses other mechanisms aside from internet scraping, such as a language bank and plagiarism-detection APIs. This integration of technologies ensures Avorak Write can generate high-quality, non-plagiarised, and non-repetitive texts that fit the exact needs of users.
Avorak AI being built on the blockchain offers a convenient payment method for its services, with its native token, AVRK, serving as the credit. AVRK tokens offer several benefits to holders, such as a share of Avorak’s profits. The AI project also has other offerings, such as NFTs that offer utility benefits aside from the aesthetic qualities.
The Avorak AI project is currently in the last phase of its initial coin offering (ICO), offering users an opportunity to get AVRK at discounted prices before its launch at $1. This ICO also enables users to get token bonuses and advantages over open-market buyers in accessing staking pools and beta products. Analysts suggest that Avorak AI could be the leading blockchain-powered AI.
For more information on Avorak AI and its ICO: