Cryptocurrencies are highly dynamic and ever-evolving, with new projects and technologies emerging constantly. Chainlink is one of the most frequently talked about. We’ll take a look at the latest Chainlink news and its role in bridging the gap between Web2 and Web3. We’ll also look at the Avorak AI ICO, which is selling out fast.
Latest Chainlink News
Chainlink is a decentralized oracle network designed to provide tamper-proof data to smart contracts on any blockchain. It is becoming increasingly popular in the blockchain and cryptocurrency industry and is often touted as a game-changer.
In recent news, the Chainlink team announced the launch of serverless developer platforms that can bridge APIs from web2 to web3 and vice-versa.
In other news, Chainlink’s price feeds starting to go live on the testnet of Coinbase’s new blockchain BASE.
These partnerships are a testament to Chainlink’s commitment and ability to provide useful utility to businesses in and outside the world of cryptocurrency.
Chainlink’s Role in Bridging the Gap Between Web2 and Web3
Chainlink is playing a pivotal role in bridging the gap between Web2 and Web3. Web2 is the traditional internet, where data is centralized and controlled by a few entities. On the other hand, Web3 is the decentralized internet where data is distributed and managed by numerous nodes.
The novel technology behind the serverless infrastructure made waves for a reason, as Web2 businesses such as AWS (Amazon Web Services) are now able to connect and service customers that prefer decentralized services and products in Web3.
Avorak AI ICO Selling Out Fast
Avorak AI is a decentralized artificial intelligence protocol on the BNB Smart Chain that uses blockchain technology as a platform for AI-powered algorithmic tools such as chatbots, trading bots, or generative art modules. Its recently launched ICO started to attract investors the day it launched on March 1st.
Moreover, the Avorak AI ICO is an excellent opportunity for investors to get in early on a crypto project with the ambition to make an impact and enter CoinMarketCap’s Top 100 in 2023. AVRK, its native token, is being developed by a professional and experienced team of Engineers, Experts, and Advisors.
However, Avorak’s extensive Whitepaper and impressive website should be the first point of due diligence for any investor.
Chainlink is playing a critical role in bridging the gap between Web2 and Web3. It provides secure and reliable data to smart contracts on all blockchains, thus allowing developers to build more sophisticated and secure decentralized applications (dApps).
On the other hand, Avorak spearheads the upcoming AI craze in crypto, and its presale is selling out fast. Overall, it’s an excellent opportunity for investors to get in on the ground floor and snatch up AVRK, including steep bonuses for early investors.
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