Avorak has garnered attention steadily for its industry-upending Revenue Share system, designed to be built into the Avorak products to allow AVRK holders to gain a passive income from the revenue generated by these AI techs.
The question the team has been asking themselves, though, is where is the best place to generate revenue?
Avorak on BNB Smart Chain
Avorak is currently set to launch on BNB Smart Chain. A Medium article from the team explains the reasons why Avorak decided to launch on the Binance-driven network.
Some of the listed reasons include the extremely high number of active addresses, the relationship to Binance exchange as the biggest cryptocurrency exchange in the world, the relatively low fees compared to Ethereum, in addition to having a top 5 Total Value Locked (TVL) figure across the network. All of this makes sense for a project looking to allow users at any financial level to access the ecosystem easily without having to spend more than the value they want to put just in gas fees or moving through multiple exchanges.
Avorak on Ethereum?
While all of this makes sense to keep a wide customer base, it is clear from the network TVL difference that the majority of crypto capital is on Ethereum. This will be on the teams’ minds that although BNB Smart Chain allows users of lower wealth to access the system, it excludes the majority of crypto wealth that is sat on Ethereum without requiring bridging or routing. By integrating cross-chain solutions that make those on Ethereum more easily able to access the Avorak products, it opens up a vast capital pool that can boost the Avorak revenue and, by default, the AVRK token threefold.
The key to this integration is that it doesn’t affect the Revenue Share model in any way. With the Revenue Share model, it is important to ensure that only one network is used to route the repayments; otherwise, there is an imbalance in what is owed to who. With the skill the team has already shown, there is little doubt that this potential hiccup can be easily overcome.
Avorak ICO
The ICO has been a big hit, with multiple phases selling out. As the current phase draws to a close, investors have been scrambling to make the last tokens available at $0.235, with an additional bonus by speaking directly to the team. With a launch price of $1, this is shrewd from these buyers, especially considering the development and news surrounding Avorak. It waits to be seen how well the uptake of the Avorak AI products is, but the Telegram channel is full of chatter and positivity, leading to a very positive space in the Avorak camp.
Want to learn more about Avorak AI or join the beta testing?
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
Disclaimer: This is a paid post and should not be treated as news/advice.
