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Home ยป Aptos Foundation Teams Up with FLock io for AI Tool Development

Aptos Foundation Teams Up with FLock io for AI Tool Development

By adminOct. 24, 2024No Comments2 Mins Read
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Aptos Foundation Teams Up with FLock io for AI Tool Development
Aptos Foundation Teams Up with FLock io for AI Tool Development
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Aptos Foundation has joined forces with the decentralized AI platform FLock io in order to enhance the existing blockchain environment. This partnership aims to leverage AI-based technologies to improve the coding experience of the Move language.

New AI Tools

The Aptos Foundation and FLock io have revealed their plans to develop AI tools specifically designed for the Move language, which is utilized on the Aptos blockchain. Originally created by Meta for the Diem project, Move is employed in building the network, with protocols also being coded in this language. However, its recent introduction has resulted in a low adoption rate.

FLock io has developed a sophisticated language model that enables developers to write Move code that is both more efficient and faster. Initial assessments suggest that this model generates Move code that is more readable and effective compared to other AI tools such as ChatGPT-4.

APT Price Increases and Expectations

Following the announcement of this partnership, the price of APT increased by 5.34%, reaching $10.25. Market momentum indicates that this upward trend may continue. In the short term, key resistance levels are anticipated around $10.30, and if the price surpasses this level, it may test the psychological barrier of $10.50.

Open positions in Aptos futures have also risen by 5.27%, reaching $225.42 million, indicating growing market expectations. Crypto analysts believe that Aptos has completed the second wave correction of the Elliott Wave cycle.

According to data from Token Terminal, the number of unique, fee-paying addresses on the Aptos network has exceeded 7 million on a monthly basis. This increase demonstrates a rise in user activity and adoption on the Aptos network, creating a positive environment for the potential of APT.

For more news, you can follow us on Telegram, Facebook, Twitter, and Coinmarketcap.

Disclaimer:

The information provided in this article should not be considered as investment advice. Investors should be aware that cryptocurrencies carry a high level of volatility and therefore risk, and should conduct their own research.

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