Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Decima Technologies Becomes First Artificial Super Intelligence (ASI) Company, Valued at USD 700 Billion Business
  • Budget 2025: A Comprehensive Analysis by CA Harishankar Tosniwal on its Impact on Key Sectors Business
  • Product, People and Planet: The Building Blocks of Advait Infratech’s Growth Story Business
  • UP Government’s StartinUP and Investopia join hands to nurture the start-up ecosystem in the state Business
  • VIRAJ Profiles Embraces Digital Era with Manthan Newsletter Launch Business
  • With Series A funding of $4.2 million from Silicon Valley investors and 400% CAGR, Inkxpert valuation jumps to $7 million Business
  • Digifinite Solutions announces its Upcoming App Releases Shubh Vivaah & Bike Taxi App! Business
  • ZingHR rolls out ESOPs, increments, out-of-turn promotions to boost employee morale amid COVID-19 C

Thore Network Set to Introduce Thorecoin 2.0 with AI capabilities

Posted on June 24, 2023 By

New Delhi (India), June 24: Exciting developments are now on the horizon for Thore Network as it recently received an official investment proposal in the seed round to fuel the growth of its ThoreCOIN platform. Spearheaded by two private UK investors, this infusion of capital will provide the impetus needed to propel Thorecoin to new heights. ThoreCOIN 2.0 is set to go live within the next quarter, harnessing the immense potential of artificial intelligence (AI) that has been pervading the crypto space. Since its inception in January 2018 as part of the broader Thore project, Thorecoin has strived to provide fast and substantial crypto-based liquidity for various types of investments. 

Recognizing that AI is the future, Thorecoin aims to lead the charge by leveraging the power of AI’s transformative technology. The platform is currently gearing up to make its mark in the burgeoning world of Transaction Finance, offering users the opportunity to save up to 99% on transaction fees. Thorecoin 2.0 encompasses several components, including Thorecoin itself and the in-house Thore exchange. This integration will unite five decentralized finance (DeFi) projects within a single protocol, encompassing loans, staking, transaction mining, and an exchange platform. 

The journey of Thorecoin gained traction in the first half of 2019, propelling it into the ranks of the top 100 coins. This remarkable feat was achieved through its promise of delivering an optimized security token-based solution. Leading the charge is Alok Kumar, also known as Nikstrade, a first-generation crypto investor with over 17 years of experience in global equities trading, technical analysis, and fundamental analysis. Kumar brought his expertise and passion to create the Thorecoin project, entirely self-funded with an investment of approximately 5 crores.

Thore Exchange, a key player in the Thore Network, has ambitious plans for the future. The exchange intends to introduce a clearinghouse later this year, streamlining transactions and facilitating the exchange of payments. In a departure from the traditional custodial model, Thore Exchange operates as a non-custodial exchange or trading platform. Similar to brokerage firms in traditional stock markets, Thore Exchange acts as a facilitator, processing orders from users without directly handling their digital assets.

As the crypto world eagerly awaits the launch of ThoreCOIN 2.0, Thorecoin continues to solidify its position as a formidable player in the industry. With its innovative approach, commitment to optimizing security, and a vision driven by AI technology, Thorecoin and the Thore Network are poised to make a significant impact on the evolving landscape of cryptocurrencies and decentralized finance.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Press Release Tags:pr, Press Release

Post navigation

Previous Post: The Sourrce unites a powerful ensemble of storytellers for 2023-2025
Next Post: A.C. Patil College of Engineering: Leading the Way with Remarkable Rankings in 2023!

Related Posts

  • Aashish Rego Elected the Vice Chairman of APMA Press Release
  • Actor Sharman Joshi launches Nextillo App for Medical Students Press Release
  • India Joins Usa, China And Japan To Stage Formula E Races In 2024 Press Release
  • Among Best IAS Coaching Institutes in Hyderabad, Pragnya IAS continues to be ranked first Press Release
  • Lorien Finance is revolutionising student loans with $75M in loan applications within weeks of launch Press Release
  • Pro Kabaddi League: Sportasy signs multi-year deal with Tamil Thalaivas Press Release

Recent Posts

  • Nitrro Bespoke Fitness Powai’s 6th Anniversary Was a Stellar Celebration of Strength & Style Spearheaded by Prabodh V. Davkhare
  • Unity for Growth: Leaders Unite for a Developed India Vision
  • Sarvajanik University Represents India at Prestigious 19th World Sanskrit Conference in Nepal
  • Jacqueline Fernandez, Sanya Malhotra and Jackie Shroff back Shriyam Bhagnani’s Sumo Didi
  • Mumbai’s Komal Vaidya Takes Centre Stage with Silver Category Win at National Pageant

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • The Iconic Gold trophy unveiled by the Governor of Maharashtra, Bhagat Singh Koshyari at Raj Bhavan in Mumbai Lifestyle
  • Dadasaheb Phalke International Film Festival hosted a Philanthropic Food Distribution Campaign Entertainment
  • Captivating Short Film “Any Given Night” Shines at Global Festivals Entertainment
  • Public Affairs Forum of India (PAFI) announces New Office Bearers for 2021-22. Dr. Subho Ray to be the new President English
  • Planify’s Pro Subscription Plans: The Ultimate Financial Subscription for Savvy Investors Business
  • Leading SEO player, Infidigit goes strategic with the appointment of Kiran Nair as VP-Digital Growth Business
  • Chitra Sabapathy Ranganathan: Pioneering Digital Transformation and Innovation in Business Technology Technology
  • 10 Best Cardiologists of India Advices on How to Prevent Heart Attack Business

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme