Crypto enthusiasts are turning to unique projects seeking to solve the challenges of existing blockchains. Solana and Avorak AI are examples of such projects investors are looking into.
Solana was launched to overcome challenges of the Ethereum blockchain by offering faster transaction speed at lower costs. Avorak AI, on the other hand, is the first of its kind AI-powered blockchain. It integrates artificial intelligence into trading activities to make it easy for users to navigate the volatile crypto market. Here are some reasons why crypto enthusiasts are choosing Avorak AI and Solana.
What is Solana?
Solana is an open-source blockchain platform launched in 2017 by Solana Labs to host decentralized, scalable applications. Solana is much faster and has significantly lower transaction fees than rival blockchains like Ethereum. Solana’s native currency is SOL, among the world’s top ten largest cryptocurrencies.
Solana is a unique project as its blockchain operates on the Proof-of-Stake (PoS) and Proof-of-History (PoH) consensus allowing it to process many transactions quickly. The PoH mechanism increases the blockchain’s efficiency by integrating timestamps in every approved transaction.
What Makes Solana a Good Investment?
Solana prices have been on a downward trend as the selling pressures outweigh the buying pressures. Indicators show that the downtrend will likely continue for a while, and traders should expect more bearish movement as the selling pressure persists.
However, the Solana development team is working on various developments and optimization to improve the blockchain’s performance and stability. Solana is still considered a better option than Ethereum due to its ability to process several transactions quickly at significantly lower fees.
What is Avorak?
Avorak is the pioneer AI-powered blockchain that aims to revolutionize the crypto industry by integrating it with artificial intelligence. Avorak AI has its native token, AVRK, which is used to fuel transactions and reward users on the platform. AVRK is also a governance token, as holders can vote on issues surrounding the community.
Avorak AI offers users tools that simplify trading and other activities, including text and image generation. The project’s most popular feature is Avorak Trade, a tool that can analyze market data to make accurate price predictions of several cryptocurrencies. Avorak Trade analyzes past and current data to generate trading signals for traders to profit. The tool also alerts traders of any changes in market trends or patterns.
Avorak AI is currently in phase 8 of its ICO, and users who purchase AVRK at this phase are eligible for a 3% bonus. As the ICO comes to an end, the project is offering one last bonus event as a “thank you” to users who participated in the project’s development during its early stages.
Users who make purchases between $250 and $495 of Avorak tokens will get a 100% bonus, a purchase from $500 to $1250 will get a 200% bonus, a purchase from $1,255 to $6000 will get a 300% bonus, and a purchase of $6,005 – $1,050 get a 400% bonus. Users who purchase over $10,300 AVRK are eligible for a whopping 625% bonus.
Once a participant makes a purchase, they are obliged to send their details to customer care representatives via the project’s official website live chat, Telegram, or Discord to claim their bonuses.
Conclusion
Solana and Avorak are both unique projects that aim to solve the challenges facing the blockchain industry. Many crypto enthusiasts are turning to such projects, and Avorak, in particular, is a good investment as it is already making a name for itself despite still being in its early stages.
Learn more about Avorak AI on:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register