Crypto

Deutsche Telekom becomes Polygon validator, with Avorak mining potentially on the cards

The crypto community has received positive news recently, with Deutsche Telekom joining Polygon as a validator and Avorak mining potentially becoming a possibility.

The new Polygon validator

Deutsche Telekom is one of Europe’s leading telecommunications companies. The company’s subsidiary, Deutsche Telekom MMS, is set to become one of the network validators on Polygon, a prominent layer-2 blockchain on Ethereum. This strategic move aims to bolster the security, decentralization, and governance of  Polygon through its proof-of-stake sidechain and Sepernets chain. As a Polygon validator, Deutsche Telekom MMS will operate a full node, participate in block production, and validate transactions while ensuring the synchronization of checkpoints with the Ethereum mainnet.

The collaboration between Deutsche Telekom and Polygon could strengthen the adoption of Polygon (MATIC) in Europe, extending its reach and impact in the region. However, the MATIC price remains unresponsive to the bullish cues. Nonetheless, analysts suggest that the Polygon price breaking past its resistance level could lead to a potential recovery and resurgence.

What is Avorak?

Avorak is an AI Crypto project that aims to revolutionize human-led tasks through its advanced AI solutions. One of its notable first-to-market offerings is Avorak Trade. This AI trading bot can automate trades across multiple exchanges and assets, providing users with unparalleled convenience. With Avorak Trade’s unique script-programmed command-line input, traders can type or simply speak out their conditions, such as buying a specific amount of BTC when it reaches a certain price on a designated exchange. Avorak Trade also incorporates indicators and price predictions to empower users to make more informed trading and investment decisions.

Users require credits of the AVRK token to access Avorak’s AI services. Holding AVRK tokens grants users a share of the revenue generated by Avorak AI. Users can also increase their AVRK holdings through Avorak’s three staking pools. AVRK is a deflationary token with a maximum supply of 40 million and is currently selling at $0.255 in phase 7 of Avorak’s initial coin offering (ICO). Investors in this phase enjoy a 4% bonus and other rewards offered during the ICO, including priority access to the project’s staking pools. Numerous analysts have reviewed the Avorak project and identified it as a rewarding investment.

How can Avorak be mined?

Avorak will introduce a unique approach to mining through its mapped-out transition to a decentralized state, where it will operate as its blockchain, independent of the BNB Smart Chain. Central to this transformation is the innovative Proof-of-Learning (PoL) mechanism, which harnesses the power of machine learning to validate transactions and ensure network security. AVRX tokens will serve as gas tokens within the Avorak Network, facilitating the execution of transactions and powering the ecosystem. In the Avorak mining process, participants will have the opportunity to earn AVRX tokens by actively engaging in the machine learning-based validation process. This approach combines the benefits of machine learning with decentralized consensus, offering a unique and dynamic mining experience within the Avorak ecosystem.

For more information on Avorak AI:

Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register

Sophia Jennifer

I'm Sophia Jennifer from the United States working in social media marketing It is very graceful work and I'm very interested in this work.

Recent Posts

Pitch Dojo is Going REMOTE! #Global

Press Release / Santa Clara, California , Here at OnePiece Labs, we are excited to announce that starting…

3 days ago

Multichain NFT Platform COLLE (AI) Launches Beta

Singapore, SG, 8th, May 2024 – COLLE, an innovative platform at the forefront of the digital…

4 days ago

NFT AI Platform Colle (COLLE) Gets Token Listed On Crypto Exchanges

[Singapore, SG, 2nd May 2024] – Colle, a leader in AI-driven NFT creation, proudly announces…

6 days ago

Web3’s Watershed Moment: The Groundbreaking Success of W3WC Dubai

The Web3 World Consortium (W3WC) event held in Dubai marked a significant milestone in the…

1 week ago

W3WC Dubai: A Landmark Success in the Web3 Odyssey

Dubai, April 22nd, 2024 – The Web3 World Consortium (W3WC) event witnessed an exceptional gathering of…

2 weeks ago

Dubai’s W3WC Event: Where Web3 Visionaries Converge and Triumph

Dubai, known for its innovation and forward-thinking approach, hosted the Web3 World Consortium (W3WC) event. It is…

2 weeks ago