Avorak AI explores cross-chain integration on Ethereum network

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Avorak AI explores cross-chain integration on Ethereum network PressRelease

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?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 figure across the network.

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.The ICO has been a big hit, with multiple phases selling out.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Avorak AI: A leading force in the crypto spaceWhat is AI Crypto? Artificial Intelligence and Cryptocurrency Artificial Intelligence (AI) and cryptocurrency are two […]
Source: CryptoAmb - 🏆 22. / 68 Read more »