Aurora Labs, the developer behind the Near-based next-generation blockchain Aurora, has unveiled a network and decentralized trading platform for the artificial intelligence (AI) meme coin Turbo (TURBO) to advance the tokenās ecosystem. According to a press release shared withĀ CryptoPotato, Aurora Labs has launched TurboChain and TurboSwap in collaboration with the Near Protocol.
TurboChain is the first AI meme coin blockchain and a virtual chain for TURBO, while TurboSwap offers decentralized trading with cross-chain liquidity for the ecosystem. Per the announcement, TurboChain will offer its users scalability, customization, and unmatched speed. Built using Auroraās advanced Virtual Chain technology, the network allows developers to create decentralized applications and enables cross-chain compatibility with Ethereum, Near Protocol, and other major chains.
āBy blending advanced technology with a thriving community-driven approach, TurboChain pushes the boundaries of blockchain innovation and exemplifies the future of AI-powered meme coins,ā Aurora Labs stated. The launch of the TurboChain will enhance Turboās utility as the asset will become the networkās native token, powering all transactions and playing a central role in the ecosystem. The community-run meme coin, created from the ChatGPT prompt ācreate the next great meme coin, starting with a budget of just $69,ā currently operates on the Ethereum blockchain.
Noteworthily, TurboSwap will enable users to access liquidity from several networks, including Ethereum, Near, Bitcoin,Ā Solana, Arbitrum, Base, and TurboChain. Alex Shevchenko, CEO of Aurora Labs, said: āTurboChain and TurboSwap show the power of Aurora Virtual Chains. They can turn ideas into scalable blockchain ecosystems. With the Turbo Token community, weāre setting a new standard for seamless blockchain innovation and interoperability.ā
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