Cryptocurrencies have been on the rise, and many new projects have emerged, offering new investment opportunities for enterprising individuals. Polygon (MATIC) and Cardano (ADA) are among the promising digital assets discussed. Still, a new contender, Avorak AI, has been making bigger moves and getting recognition from investors around the globe.
What is Cardano?
Cardano is an open-source, decentralized project implementing the Proof-of-Stake (PoS) consensus mechanism. Its native token ADA stood on a current circulating supply of 34.9 billion and was designed to be flexible, sustainable, and highly scalable. The digital currency has a maximum supply of 45 billion and is also a deflationary token. Charles Hoskinson, a co-founder of Ethereum, designed it. The project aims to be an interoperable project that is environmentally sustainable. Avorak AI favors similar attributes and has the potential to outshine Cardano in the future.
Is Polygon a Good Investment?
Polygon (MATIC) can potentially experience a bullish trend in the future. A 115% increase in its price is expected in the coming years as the project offers unique features that outperform assets like Cardano. It has faster and cheaper transactions that make it a suitable investment opportunity. Despite its features in providing reduced energy consumption and high transaction throughput, Avorak AI comes in as a strong competitive force that might overshadow the Polygon project.
Avorak AI being an Alternative project Delivering Higher Returns than Polygon or Cardano
Avorak AI is a project founded by computer engineer Anthony Elsher, Amanda Giesbrecht, an AI learning consultant, and Ree Baek-Hyeon, a crypto brand coordinator. The input of these founders presents a collective of experts focused on creating a seamless project that combines both AI and blockchain tech. This is evidence that Avorak has the backing of experts teamed up to revolutionize the blockchain ecosystem and provide AI crypto technology. Avorak offers a set of real-world utility features, including its Avorak text generation tool.
AVRK stands as its native token and powers the Avorak network. The tokens are used to pay for services within the Avorak network, and users can get AVRK rewards through staking options provided through three major staking pools. The diamond pool offers 1.56 million AVRK rewards staked for 12 months, the platinum pool offers 340,000 AVRK rewards for a 6-month staking period, and the gold pool has 100,000 token rewards for a 3-month staking timeframe.
Each package has its own set APR, as the diamond pool offers 14.86% APR, platinum offers 9.07%, and the gold pool offers 4% ARP. Additionally, an option for a share increase is available to long-term investors for the first year. Upon a $100 million revenue return made from employing Avorak services, a Royalty fee of 0.1% is payable.
The AVRK tokens are deflationary, and 2% of the total revenue collected from all incoming AVRK transactions is burned. AVRK has a maximum supply of 40 million tokens. Also, a 49% return on revenue is allocated to the AVRK holders. It’s also possible to earn these tokens through liquidity farming options. Other features that give Avorak AI an edge over other assets include its 3D modeling and automated features in trading, online shopping, and video and image editing.
Take Away
Compared to Polygon (MATIC) and Cardano (ADA), Avorak AI outperforms these digital assets and offers a higher return probability. Its services extend from automated trading to reliable and informed text-generation capabilities. As such, it provides real-world use cases and can be employed in trading financial instruments and the healthcare sector in providing applicable insights. Avorak AI displays strong long-term investment opportunities and features faster transactions, lower transaction fees, and high scalability. These are just a few features that make Avorak a lucrative investment that offers higher returns than traditional blockchain projects.
No spam, no lies, only insights. You can unsubscribe at any time.
Find out more about Avorak on:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Credit: Source link