Aurora Labs Launches TurboChain and TurboSwap for the AI ​​Meme Coin TURBO

Aurora Labs, the developer of 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 in the token ecosystem.

According to a press release shared with CryptoPotato, Aurora Labs has launched TurboChain and TurboSwap in partnership 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.

Aurora Labs introduces TurboChain and TurboSwap

According to the announcement, TurboChain will offer its users unparalleled scalability, customization and speed. Built on Aurora’s advanced Virtual Chain technology, the network enables developers to build decentralized applications and enables cross-chain compatibility with Ethereum, Near Protocol, and other major chains.

“By combining advanced technology with a thriving community-driven approach, TurboChain pushes the boundaries of blockchain innovation and exemplifies the future of AI-powered meme currencies,” stated Aurora Labs.

The launch of TurboChain will enhance the utility of Turbo, as the asset will become the network’s native token, powering all transactions and playing a central role in the ecosystem. The community-run meme coin, created from ChatGPT’s message “build the next big meme coin, starting with a budget of just $69,” currently operates on the Ethereum blockchain.

Notably, TurboSwap will allow users to access liquidity from multiple networks, including Ethereum, Near, Bitcoin, Solana, Arbitrum, Base, and TurboChain.

Alex Shevchenko, CEO of Aurora Labs, said: “TurboChain and TurboSwap show the power of Aurora Virtual Chains. They can turn ideas into scalable blockchain ecosystems. With the Turbo Token community, we are setting a new standard for innovation and seamless blockchain interoperability.”

Empower communities to use Aurora Cloud

Aurora Labs intends to launch 1,000 interconnected blockchains by 2025, and TurboChain and TurboSwap represent the start of that plan. This plan aims to empower communities to use Aurora Cloud, which enables innovation at low cost and with simplicity.

Aurora Cloud enables innovators to deploy scalable virtual chains without any technological skills and at a very low cost compared to traditional financial systems. Aurora Labs says launching a blockchain on Aurora Cloud is as easy as launching a Shopify store.

Meanwhile, TURBO recently hit an all-time high, reaching $0.014 on December 11, according to data from CoinMarketCap. At the time of writing, the token was worth $0.010, up a bit in the last 24 hours.

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