The urge to create an intermediary between blockchain assets and the external universe has been rampant. Chainlink was generated to perform this function whereby digital assets could communicate with assets outside the ledger technology. On the other hand, Avorak, the newest virtual currency AI, can outperform Chainlink. The reason lies behind artificial intelligence (AI) as the technology has integrated with various industries and showcased higher performance.
What is Chainlink?
Chainlink is a blockchain oracle developed in 2017 to transfer data from off-chain to on-chain. Oracles are intermediaries that cause the transfer of data from the off-chain data to smart contracts. The native currency LINK is the community’s source of transactions and computations.
Will Avorak Overtake Chainlink in Two Years
The newest model of digital assets has been labeled as AI crypto. These virtual assets have integrated themselves with blockchain technology and artificial intelligence and are set to increase the traction of users in the ecosystem (blockchain). Avorak is the first AI crypto to hit the ledger system in huge waves. The project believes in competition and will embrace other AI digital assets; however, it still remains the pioneer.
Avorak AI has a native currency named AVRK that acts as the governing tool for the society where users get to transact and be rewarded. The project is currently in presale, with the current price of AVRK settling at $0.27. The project has minted 40 million AVRK tokens that will be distributed proportionally in the community.
Inflation is sometimes a factor that can cause a platform to have a complete downfall; in this case, Avorak has a deflationary mechanism that burns 2% of the tokens. This will reduce the supply of the tokens and cause an imbalance as demand increases.
The project also has Avorak Write, an AI tool that helps content creators generate non-plagiarized work. The AI tool uses pre-written language, machine learning algorithms, and internet scraping methods, which help to avoid plagiarism compared to other AI, which uses internet scrapping alone. Avorak Write also conducts plagiarism editing and detection in content.
Bottom-line
Avorak AI integration with blockchain technology and leering machine systems will create awareness among cryptocurrency users worldwide, thus increasing the traction rate. The emergence of the AI tool will help blockchain assets, such as smart contracts, communicate with off-chain assets. The feature will permit easier transactions and data exchange into and from the ledger system. Artificial intelligence is the next big thing; digital currency experts believe that as the technology develops, there will be massive attention from individual investors and venture capitalists.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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