Being a layer-1 blockchain, Ethereum has generated a lot of revenue for the participants in the ecosystem. The decentralized finance asset, Ethereum (ETH), has allowed developers to create new applications. The digital asset has now decided to move into the Asian market.
The Asian market has been coveted in the crypto sector for quite some time, having been among the top places for the sector’s performance. Avorak AI is also looking to take the opportunity to penetrate this market.
Is Ethereum Gaining Traction in Asia?
Ethereum, the second largest digital currency in the world, upgraded to the new phase dubbed Ethereum 2.0. According to Vitalik Buterin, Ethereum CEO, the network moved from proof of work to proof of staking mechanism that enhances transaction speed up to 100,000 and increases interoperability.
Asia accepted the ETH and is among the continents that have contributed to the increase in the value of the digital asset. Ethereum, with its native token (ETH), is expected to rise further amidst the eminent bull run.
Avorak to Take Over Asian Market
Avorak is an artificial intelligence and blockchain-based platform introduced to provide beneficial aids to traders, content creators, and image generators in creating images, content creation, and even AI chatbots. Artificial intelligence has impressive statistics aligned to fit financial technology.
Avorak AI has significantly impacted the customer care industry using AI-powered chatbots that quickly respond to clients. The system uses deep learning mechanisms that entail algorithms of learning when executing specific actions. The native token of the platform is AVRK, which controls all platform activities, including conducting transactions and rewarding participants.
The maximum supply of AVRk is 40 million, distributed proportionally in the community, as indicated in the project’s whitepaper. Avorak AI has a sophisticated roadmap that entails the platform’s movement from its alpha stage to the last stage. Moreover, Avorak’s leaders are well-competent and have a deep background in decentralized finance and marketing strategies embedded in the ecosystem.
The platform has an artificial intelligence mechanism called Avorak Write that aims to help writers develop unique, high-quality content. The system uses internet scraping with a pre-written language mechanism, which reduces plagiarism, unlike other AI chatbots, which only use internet scraping methods without utilizing pre-written language resulting in plagiarism and errors. Avorak Write provides tools for editing and detecting plagiarism.
Bottom-line
The blockchain community needs further development to capture the attention of more people around the globe. Artificial intelligence is among the current generation’s technologies that are developing quickly.
Avorak is the latest crypto AI that aims to develop blockchain and make work easier for individuals in the environment. The project has a better plan for the mass adoption of cryptocurrencies and blockchain technology.
Want to learn more about Avorak AI?
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
