As Polygon tops the list of hot cryptos, quickly upstaging the recent bearish conditions, MATIC price prediction indicates an impressive increase in the coming years. As a result, Polygon’s user base will expand, and new MATIC projects will follow suit as likely partnerships could emanate from AI crypto platforms like SingularityNET and Avorak AI. Avorak AI’s roadmap of going cross-chain after the expected launch on the BNB Smart Chain makes it a viable project to join Polygon MATIC’s development possibilities.
Polygon MATIC
Polygon’s Layer 2 scaling solution for Ethereum aims to improve the scalability and user experience of Ethereum by providing faster and cheaper transactions. Polygon combines Proof of Stake (PoS) and Plasma to achieve high throughput and low transaction fees. It also offers developers the ability to create their sidechains or customized chains, making it a versatile platform for building decentralized applications (dApps). Its native cryptocurrency, MATIC, takes care of transaction fees and is a means of paying for services on the network. Polygon MATIC price news has been gaining significant attention in the cryptocurrency community due to its potential.
SingularityNET (AGIX)
SingularityNET is playing a significant role in the advancement of artificial intelligence. SingularityNET intends to democratize AI technology through a marketplace for AI tools. Powered by AGIX, its cryptocurrency token, the platform utilizes Artificial General Intelligence (AGI) to create a decentralized marketplace for users to trade AI models. Furthermore, SingularityNET fosters collaboration among AI developers, promoting the sharing of knowledge and the development of interoperable applications across platforms.
Avorak AI
Avorak AI is an artificial intelligence platform that simplifies creative tasks, crypto trading, text, and image generation, among many more use cases to come. The AVRK token that powers the platform acts as a payment method and offers its holders benefits from the success of the system. AVRK is available at $0.105 at its ongoing ICO, currently in phase 2. Holders will be treated to 9% on-top bonuses during this phase that ends on 23rd March.
After commencing a successful phase one, excitement has been rife on Twitter, and YouTube discussions as DYOR_100X and 2Bit Crypto lay Avorak’s facts on the table. The ICO will fund further Avorak AI’s expansion and key developments that will entitle its holders to a larger share of the benefits.
How AI Crypto Integration Means for Polygon MATIC
AI crypto projects aptly fit Polygon’s expansive strategies, and its ecosystem can benefit from customized AI solutions. Through its extensive list of products under a single interactive AI suite and boosted by a CyberScope audit, Avorak will offer various services and solutions to achieve a seamless and consistent system. Avorak AI technology can detect fraudulent activities in real-time, increase transaction processing speeds and reduce transaction costs. In addition, Avorak AI’s platform can be scaled up to accommodate large numbers of users, making it accessible to a wider user base. Its chatbots, image generators, and trading bots could help reduce the potential for human error and emotional decision-making, thus boosting user adoption on the Polygon network.
Conclusion
Avorak AI tops other AI crypto performers in attracting developers looking to leverage AI technology. Avorak AI’s suite of products can benefit platforms across blockchains, making it a viable project for Polygon MATIC to consider in its development.
More on Avorak AI here:
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Salvatore Andrea Santacroce on Unsplash
