Various mechanisms have existed in the blockchain realm to promote the generation of blocks and add traction to the ecosystem. These mechanisms include proof of work and proof of stake consensus models used to validate and approve transactions. Bitcoin utilizes the proof-of-work mechanism, which is mainly attributed to consuming a lot of energy while mining. Most digital assets like Ethereum, Cardano, and Polygon use proof-of-stake. The system uses a validation process where each validator can participate in staking. Avorak, an AI-powered crypto, will be the dark horse that outperforms Polygon and Cardano.
Polygon and Cardano Price Prediction
Polygon and Cardano have had an attraction in the crypto sphere as investors have joined the bandwagon to drop in their capital. The two digital assets utilize the proof–of–stake system where validators get to stake successfully and get rewarded in MATIC and ADA. Crypto analysts believe the two cryptos will improve in the next bull run, expected to occur in 2024 during Bitcoin’s halving.
Avorak to Outperform Polygon and Cardano
Artificial intelligence is a state-of-the-art innovation that will change the perception of generating revenue from the digital ecosphere. AI has worked hand in hand with various fields, such as agriculture, where smart perfuming machinery is installed that initiates spraying pesticides and herbicides in large pieces of land. The same technology (AI) can be introduced in blockchain technology to generate digital assets that can quickly attract a considerable audience from around the globe and solve some of the most common and comprehensive challenges facing ledger networks.
Avorak AI is a blockchain-based asset connected with AI that aims to benefit traders, content generators and image creators, and other non-crypto players. The project uses a proof-of-learning mechanism that collects data, conducts analysis, and comes up with a solution to a specific challenge. The platform aims to be the best cryptocurrency AI, offering unseen opportunities not provided by other digital currency AI projects. It also has a well-guided platform that is user-friendly and easy to navigate.
The project believes in competition that would make improving the quality of the operation and services offered to their clients easier. SolidProof and CyberScope have audited the platform to enhance transparency so that users can freely integrate with the team. The comprehensive audit report links can be found on Avorak’s whitepaper.
The native currency of the token is AVRK which performs the functions of rewarding partakers and conducting transactions in the community. The total supply of AVRK is 40 million. Each AVRK has a price of $0.27 based on the current stage phase 8 in the ongoing initial coin offering (ICO) event.
Avorak has an aiding tool that helps in generating content for writers. The AI tool, Avorak Write, utilizes pre-written language and an internet scraping method. The two mechanisms allow the removal of plagiarism compared to other AI projects that only use the internet scraping method, which causes plagiarism. Avorak Write also aids in plagiarism detection, language, grammar, and editing.
Conclusion
The current world status is undergoing an inflationary rate where the monetary system in various states is trying to maintain a stable economy. However, this can only be achieved via changing direction towards the decentralized environment as the field contains opportunities for entrepreneurs. Furthermore, the ledger system has combined artificial intelligence to develop Avorak AI. Avorak AI is a platform that has already been audited and approved to conduct operations in the digital space. It has already depicted a future development as partakers can earn income.
For more information on Avorak AI:
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
