The crypto world is abuzz with news of the Avorak AI ICO entering its second phase. Many investors, particularly holders of the Solana (SOL) and Luna Classic (LUNC) tokens, are excited about the potential of this project. In this article, we will discuss what Solana and Luna Classic are, why they are backing Avorak AI, and what investors should know as the ICO enters its second phase.
Solana (SOL) Explained
Solana (SOL) is a proof-of-stake blockchain protocol designed to process transactions quickly and at scale. It is capable of handling up to 50,000 transactions per second and has a latency of only 400ms. SOL was launched in March of 2020 and has grown its market cap exponentially, even though the chain lost a significant amount of market cap and TVL during the bear market.
Luna Classic (LUNC) Explained
Luna Classic (LUNC) is a blockchain project resulting from a fork after Terra’s stablecoin UST depegged and crashed the whole crypto market, wiping out over $60 billion in assets.
LUNC its supply was then highly diluted and left the community split. However, Binance and other exchanges are supporting a constant burn of the coin to bring it back to its former glory.
Why Are SOL and LUNC Holders Buying AVRK?
Avorak AI is a decentralized artificial intelligence platform that is powered by AI modules and is being developed on the Binance Smart Chain. The protocol’s AI-powered features include various tools, such as the trading bot, chatbot, or generative art module.
However, its ICO recently entered the second phase, and many investors, particularly holders of SOL and LUNC, are taking advantage of this opportunity. They buy AVRK tokens to benefit from the project’s potential, receive early investor bonuses and earn rewards for staking their tokens.
Avorak AI ICO Enters Phase 2
The Avorak AI ICO is currently in its second phase, which began on March 11th, 2023. During this phase, investors can purchase AVRK tokens at a discounted rate, including a steep 9% bonus for early buyers.
The Avorak AI ICO is expected to sell out quickly and list on major exchanges pretty quickly, considering the 0% transfer taxes.
Conclusion
If you are a Solana or Luna Classic holder and are interested in investing in the Avorak AI ICO, now is a great time to do so. The project is still in its early stages, and there is plenty of potential for growth and success. Don’t miss out on this opportunity to get in on the ground floor of a revolutionary project.
Learn more here:
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
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