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Crypto investors often face a challenge when trying to choose digital assets that can provide substantial returns. Stellar (XLM) has been a favorite among investors. However, AI crypto projects such as Avorak AI and SingularityNET are expected to take the center stage in this bull run.
What is Stellar (XLM) and is it still popular?
Stellar (XLM) is a decentralized platform designed to facilitate faster and safer cross-border payments and transfers of value. The platform’s native coin, XLM, can be used to transfer any currency or asset. Stellar (XLM) has seen a lot of ups and downs since its inception. It gained popularity in 2017, ranking among the best-performing cryptocurrencies of that year. However, since then, the Stellar price has been relatively unstable, and XLM has struggled to maintain its position among the top cryptocurrencies. In the past 30 days, the Stellar price has been on a notable decline. But despite this, Stellar (XLM) has remained a viable option for those interested in cross-border payments and remittances.
What is Avorak AI ( AVRK)
Avorak AI is a new AI crypto project running on the Binance Smart Chain (BSC). Avorak combines AI and blockchain technologies to offer solutions that make life easier for its users. AVRK, the native token of the ecosystem will be used to get these AI solutions.
Avorak AI has especially captured the attention of content creators because of its image and text generating AI. Its image generator works on a novel language-to-art image that enables users to get original images that are tailored to their preferences. Avorak Write includes plagiarism-detecting APIs that additionally correct and edit texts to fit the querying user’s exact requirements.
Avorak AI has been getting more investors and crypto analysts interested in its ICO. Meta Earn and Crypto Baby recently featured Avorak AI in their YouTube videos. The Avorak ICO has been getting attention because of the benefits it offers to its ICO token holders. AVRK is now at $0.145 and the on-top bonus is currently at 8%, down from the previous 9% of phase 2.
What is SingularityNet (AGIX)
SingularityNET (AGIX) is a decentralized platform that aims to create a marketplace for artificial intelligence (AI) services. The platform’s native coin, AGIX, can be used to purchase AI services or to participate in the platform’s governance. SingularityNET is designed to allow developers to create, share and sell AI algorithms and models. SingularityNET has gained attention in recent years, particularly due to its partnerships with several companies exploring the use of AI in their operations, such as Domino’s Pizza. The platform has also collaborated with the European Union.
Conclusion
Both Avorak AI and SingularityNET have unique advantages that may see them take the center stage in this bull run. Avorak AI offers a wide range of AI solutions and has had a successful ICO event so far. On the other hand, SingularityNET offers a marketplace for AI services and has already received mainstream adoption. The positive movements of these AI crypto projects attest to the growing interest and demand for AI cryptocurrencies.
For more information on Avorak AI:
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
*This article was paid for. Cryptonomist did not write the article or test the platform.