Connect with us
Active Currencies 14562
Market Cap $2,679,303,638,062.03
Bitcoin Share 49.99%
24h Market Cap Change $-1.75

Avorak AI onboards dedicated servers for algorithmic Solana trading

3min Read

Share this article

Avorak AI, a brainchild of former fintech genius Anthony Elsher, is a pioneering project in the realm of artificial intelligence. The project’s primary aim is to create a ripple effect within the cryptocurrency community through its unique offerings. Avorak’s roadmap includes a set of products that will be interconnected via a central chatbot functionality. One of their initial offerings is a distinctive trading system that marries the meticulous test trade system learning of manual traders with the speed and precision of computational power, setting its automated trading algorithms ahead of the competition.

Avorak’s Focus on Solana Blockchain

In the backdrop of Avorak’s broad development plans, there have been whispers about whether Avorak might launch cross-chain. Recent developments suggest that Solana – a fast, secure, and scalable blockchain – could be their next target. This speculation is fueled by the onboarding of dedicated servers for trading the Solana crypto. This shows the team is serious about the Solana network, as preparing an in-depth analysis ability would be in anticipation of demand. Avorak would be well received on the Solana blockchain, and an uptick in interest from the SOL community would be bullish for AVRK.

Introduction to AVRK Token

AVRK, the token of Avorak, is an integral part of the ecosystem. It serves as a value transfer medium to gain use of the AI products Avorak is developing. Users who want to use the Avorak trading bot must purchase AVRK tokens and send them to the credit payment system. Once deposited, a value is assigned to the user’s account, which covers the future fees from using the bots.

The AVRK Payment System

The hallmark of this system is the Avorak payment contract, which handles all payments. The contract divides the AVRK according to the whitepaper’s stipulations. Astonishingly, 49% of all revenue is returned to AVRK holders, providing them with a form of ‘passive income.’ Unlike other cryptocurrencies that generate income from token emissions, this income doesn’t come from token emissions since Avorak’s maximum supply is already available on the market from launch. The contract also sends 2% of all income to the burn address, making the token deflationary.

Avorak’s Solana Onboarding

Avorak’s move to onboard dedicated servers for Solana trading suggests the seriousness of their intent to incorporate Solana into their operations. This decision also indicates the project’s links within Solana are already strong, having connections always has a positive impact on future success.

AVRK’s Future Prospects

Avorak’s innovative approach to addressing some of the challenging aspects of cryptocurrency, such as launching with a low percentage of the total supply and generating rewards with a highly inflationary system, makes AVRK stand out for potentially being one of the top ICOs of 2023. Once Avorak cements its place in the market by releasing state-of-the-art systems that merge blockchain with practical uses, AVRK is poised for an exceptional rise in fortunes.

Want to learn more about Avorak AI?


Disclaimer: This is a paid post and should not be treated as news/advice.  


With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.