Avorak has been hitting the headlines for its state-of-the-art products that manage to combine the instantaneous transactions of blockchain with the power of AI.
Developing these contracts and web3 takes significant skill, knowledge, and prowess. Any team worth its salt would be extremely welcoming of outside input, and Avorak is no different.
Anthony Elsher in Bitcoin Miami
Anthony was spotted in Bitcoin Miami 2023 by a reporter, attempting to keep a low profile.
Normally Bitcoin Miami is very strong on the ‘only Bitcoin’ ethos, shunning most other cryptocurrencies in favor of Bitcoin’s ‘truly decentralized’ concept. However, many ‘altcoin enthusiasts’ and crypto traders make up the crowd that can be found at the event, including developers.
The reporter noted that Elsher was spotted in what appeared to be a meeting with another well-known developer known for making one of the highest volume DEX on Ethereum. Without confirmation and with respect to the identity of the developer, we will not name him, but you can be sure he has helped develop more than a few ‘Unicorns’ in his time.
Within hours of the meeting, it was spotted on-chain that certain contracts were being deployed and stress-tested with wallets linked to this developer and Anthony, meaning although any partnership cannot be confirmed, it is likely.
Avorak is gearing up for an incredible launch with products that allow users to generate creative content, trade and analyze markets and eventually run a smart-contract compatible chain that fuels the entire ecosystem.
Users currently buying the AVRK token in Phases Six and Seven of the ICO are guaranteed a launch price of $1.00, well above the phase prices of $0.235 and $0.25.
After launch, the token itself will be part of the payment system used to access the platform, with AVRK being used to pay the fees.
This is a next-generation system, as Avorak is implementing a payment system that, when a user pays the AVRK to use the products, gets routed through the Avorak Revenue Share contract. This contract splits all payments into three. 49% is forwarded to the Avorak team. 2% is burned forever, making the AVRK token infinitely deflationary.
The last 49% is distributed back to those holding AVRK. This means almost half of the project’s revenue is sent back to the investors, essentially making a passive income that doesn’t involve minting more tokens.
Whether or not the development work that may have been in discussion at Bitcoin Miami was focussing on this payments system is anyone’s guess, but what is for sure is that Avorak has big names interested, and when that happens, the future is usually bright.
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