The post Shiba Inu To Launch Native Blockchain, Avorak AI Looks To Partner With Cross-Chain Liquidity appeared first on Coinpedia Fintech News
With the recent launch of Shibarium Beta, Shiba Inu’s dreams are coming to reality. This offers a range of new possibilities that are possible with SHIB. Amidst this occurrence, Avorak AI, the latest AI crypto in the market, seeks to help Shiba Inu’s native blockchain streamline various processes, including cross chain liquidity.
Shiba Inu (SHIB): Moving from the meme coin status
Shiba Inu originally started as a meme coin but it has made significant steps to add to SHIB’s use cases, adding more value to its popularity. What has really captured the attention of the Shiba Army, and the whole crypto community is the development of Shibarium.
What is Shibarium?
Shibarium is a new Layer-2 blockchain network based on Ethereum. The Shiba Inu coin, SHIB, will be the driver of this ecosystem. The aim is to reduce Shibarium’s reliance on Ethereum by handling a larger portion of SHIB transactions. This will also result in lower transaction costs and faster transaction speeds for SHIB users.
Shibarium additionally seeks to reduce the supply of Shiba Inu tokens by introducing a SHIB burning mechanism. This is critical in transforming SHIB into a utility token. Shibarium’s role in DApps development and its potential use in the Metaverse has also been talked about by crypto analysts. With Shibarium, the Shiba Inu ecosystem can become a go-to solution for decentralized applications and a major player in crypto.
Avorak AI (AVRK)
Avorak is a new AI crypto project that runs on the Binance Smart Chain. It has been trending on social media websites such as Twitter and Youtube because of the wide range of solutions it offers to its users.
This project aims to combine AI and blockchain technologies to offer unique solutions that are AI-driven and easy to use. Avorak offers products that cater to many fields including the recently upcoming fields of trading and content creation. These solutions include non-plagiarised texts, language-to-art models which generate images that fit the exact specifications of the user, and automated editing tools. All this, and much more, will be accessible to AVRK owners.
Crypto Labs identified Avorak as an AI crypto jewel in ICO. This is especially great for investors because it offers a chance to get more from their investments as a result of AVRK’s discount price and ICO benefits. AVRK is currently $0.105 and also has an on-top bonus of 9% in the present phase 2.
Shibarium and Avorak AI: Enhanced cross chain liquidity
Cross-chain liquidity enables users to exchange assets across different blockchains. This offers users access to a wider range of opportunities by increasing the overall liquidity of the crypto ecosystem.
Avorak AI can enhance Shibarium’s cross chain liquidity in several ways. It can provide natural language processing (NLP) technologies such as chatbots and virtual assistants that can assist customers in transferring digital assets across different blockchain networks. This can streamline the process of cross chain liquidity and enable users to access a wider range of markets and trading opportunities. Additionally, Avorak AI’s deep learning capabilities can analyze data from multiple blockchain networks, providing insights that can improve the efficiency and effectiveness of cross chain liquidity transactions. Furthermore, Avorak AI’s secure monitoring systems and commitment to safeguarding customer data can ensure that cross chain transactions are secure and comply with applicable regulations.
The recent Shirabium Beta launch demonstrates Shiba Inu’s commitment to enhancing its utility. An integration with Avorak AI can enhance cross chain liquidity and many more areas within the Shibarium blockchain.
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