Mercado Bitcoin licensed as Brazilian payment provider. Avorak could crack Brazil market

Avorak AI (AVRK) has gained worldwide attention and investments since the start of its initial coin offering (ICO) in March. With Mercado Bitcoin now licensed as a Brazilian payment provider, Avorak could crack the Brazil market next.

Mercado Bitcoin

Mercado Bitcoin, one of the leading cryptocurrency exchanges in Brazil, recently received a license to function as a payment provider from the country's central bank. With this license, the exchange is set to launch its fintech service, MB Pay. Users can stake cryptocurrencies, invest in digital fixed income, and access various digital banking solutions with their crypto assets through MB Pay. Mercado Bitcoin also aims to introduce a debit card allowing users to convert their crypto holdings into fiat currency seamlessly. 

Several crypto exchanges have obtained payment provider licenses, including Crypto.com and Bitso. And this achievement is a significant step forward for Mercado Bitcoin and the wider crypto industry in Brazil, underscoring the increasing recognition and adoption of digital currencies within the country.

What is Avorak (AVRK)?

Avorak is a new AI Crypto project built on the BNB Smart Chain. The project has been mentioned worldwide, including Saudi Arabia, Korea, and China, mainly because of its first-to-market approach.

Avorak offers a long list of AI products and services in one platform, accessible from anywhere through the blockchain. Avorak can be used by both businesses and individual users for data analysis, image creation, text generation, trading, security management, video and image editing, and much more.

To further uphold its first-to-market strategy, Avorak has ensured that all of its products, including its chatbots and virtual assistants, have features that set them apart. For example, while most AI text-generators rely solely on internet scraping, Avorak Write includes other advancements, such as plagiarism-detection APIs and a pre-written language bank. This removes repetition and plagiarism associated with most text-generating AI, providing high-quality results.

The Avorak AI ICO is in the second-to-last phase, phase 7, selling AVRK at $0.255 and offering a 4% bonus on top. Avorak ICO investors have many advantages over open-market buyers, including priority when joining or leaving Avorak's staking pools. The AVRK token is an indispensable part of the Avorak AI system, serving as credit for accessing its services. Analysts point to a possible surge of more than 100x not too long after launch.

Conclusion

The expanding crypto ecosystem in Brazil provides a supportive backdrop for Avorak AI to attract investors seeking to capitalize on cryptocurrencies. The openness and affordability of the ICO, coupled with Avorak's unique offerings and potential for growth, position it as a viable investment. However, investors should still do their own research before investing.

For more information on Avorak (AVRK):

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