True utility is becoming more important as crypto gains more mainstream adoption. And analysts suggest teams like Quant (QNT) and Avorak (AVRK) are leading in this.
What is Avorak (AVRK)?
Avorak is an innovative AI platform running on the Binance Smart Chain (BSC). The platform’s native token, AVRK, serves as payment for its solutions.
Avorak AI offers an extensive range of AI-driven solutions that can be used in image creation, text generation, trading, image and video editing, online shopping, 3D modeling, blueprint drafting, data analysis, device security management, and many other areas. The Avorak team has ensured that Avorak’s solutions stand out in the market. The platform’s text generator, for example, creates texts through a combination of technologies, including internet scraping, plagiarism-detection APIs, and pre-written language banks. This enables it to produce high-quality texts that fit exact specifications of users, without plagiarism or repetition.
The AVRK token guarantees its holders a 49% share of the profits generated by Avorak’s AI solutions. The Avorak AI team has allocated 5% of AVRK’s maximum supply to locked staking pools so that users can increase their percentage hold of the tokens. AVRK’s supply is capped at 40 million, and the Avorak team has developed a burn program that ensures continued deflation to AVRK, indicating an increase in price over time.
The Avorak team has also shown commitment to true utility through the launch of the Avorak NFT collection. These NFTs offer several benefits to their owners aside from the potential of profits through trade. For example, owning a standard Avorak NFT offers 10,000 words free per month with Avorak Write, free use of Avorak Trade, 50 free images per month with Avorak Create, a 50% discount on additional credits for Avorak Write and Avorak Create, double the allocation for revenue share, and free VIP access to AvCon (Avorak Conference).
AVRK is currently selling at $0.27 in phase 8 of the Avorak AI initial coin offering (ICO). This phase offers users the last chance to get AVRK before its launch price of $1. It also offers users to get AVRK and NFT bonuses and preferential access to Avorak’s staking pools, among other benefits. Analysts suggest Avorak’s utility and other competitive advantages position it for significant growth, with some hinting at great price surges for AVRK.
What is Quant?
Quant is a pioneering distributed ledger technology (DLT) service provider designed to offer interoperability and connectivity between blockchain networks, bridging the gap between isolated systems and enabling seamless communication and data transfer. This overcomes the technical challenges posed by diverse coding languages and software development kits in different blockchain networks. Quant achieves this through Overledger, its Application Programming Interface (API) gateway.
Notably, Quant is involved in the development of central bank digital currencies (CBDC) in the US and UK. The QNT token serves as the utility token of the Quant network, facilitating transactions and incentivizing network participants. Despite fluctuations, the QNT price has shown significant growth, and many analysts remain bullish on its future. With its innovative approach to blockchain interoperability, Quant has the potential to transform industries by unlocking the true potential of decentralized technologies and driving widespread adoption.
Conclusion
The ability of Avorak (AVRK) and Quant (QNT) to provide real-world solutions shows their teams’ devotion to providing actual utility. With the increased demand for utility, these projects are set to be at the front end of high-profit-generating cryptocurrencies.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register