Starknet (STRK) has witnessed a decline in active users by 62% following dissatisfaction with its recent airdrop announcement. A day before the project was slated to airdrop 10% of the total token supply, Starknet suddenly changed the requirements for receiving the token airdrop.
The updates did not sit well with some participants, resulting in their mass exodus. In other news, projections have identified that InQubeta (QUBE), a new AI-driven crypto, will get the spotlight this season.
Studies show how artificial intelligence (AI) is becoming relevant in many industries, meaning projects that leverage this technology could see mainstream adoption and capitalization in the coming years.
InQubeta has its top ICO skyrocketing, and this success can be attributed to how it merges cryptocurrency investment, blockchain technology, and AI innovation. This article details InQubeta’s rise, amid Starknet’s user exodus.
What you'll learn 👉
InQubeta (QUBE) Offering Drives Massive Token Demand
InQubeta is the first decentralized finance (DeFi) cryptocurrency crowdfunding platform that aims to allow investors to partner with AI startups while creating seed funds for them to grow. InQubeta has become the best DeFi contender because of this and its appealing investment models.
In the ongoing presale, InQubeta has reached an impressive milestone of over 827 million QUBE tokens sold, with more than $10.3 million raised in funding.
At the center of this best DeFi ecosystem is a custom-built marketplace hub for fundraising and investment activities. AI startups can raise funds by offering units of their projects and minting them as non-fungible tokens (NFTs).
These tokenized investment opportunities will be fractionalized and listed on the marketplace, enabling QUBE holders to purchase NFTs they believe in, irrespective of their financial budgets, and gain significant returns when the startups flourish.
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Show more +When this top ICO began, QUBE was priced at $0.007 but has now gone up to $0.0224 in seven presale stages, marking a 220% spike in less than nine months and continuing to pull more investors to the funding round.
The presale has three more stages left, after which the token will have a minimum DeFi coin price of $0.0308. InQubeta has a vesting period of 12 weeks to gradually release new tokens into circulation to maintain a stable and sustainable market for investors and support QUBE prices.
Starknet (STRK) Users’ Exodus Escalates Over Airdrop News
In a highly anticipated move, Starknet, an Ethereum (ETH) layer-2 protocol, commenced trading on prominent cryptocurrency exchanges on February 20. The token’s launch was accompanied by an airdrop, distributing a staggering 728 million STRK tokens to over one million addresses, making it one of the largest airdrops of the year.
Notably, the network saw a massive user exodus a day before it went live. Its user count plunged by about 62%, going from 220,500 to 84,000 after Starknet suddenly amended the airdrop policy.
These users were dissatisfied with the new airdrop criteria, particularly the minimum wallet-holding requirement. Those with less than 0.005 ETH in their account by November 15, 2023, were excluded from token distributions despite active participation on the network.
Additionally, the token unlock schedule has sparked controversy, with investors and early contributors set to receive a substantial portion of STRK tokens just two months after launch, raising concerns about fairness and equitable distribution.
Conclusion
The decline in Starknet’s user base underscores the importance of transparent and inclusive token distribution mechanisms in fostering community confidence and engagement. As Starknet navigates the fallout in this competitive blockchain landscape, the spotlight now shines on InQubeta, a fast-rising AI crypto.
Based on the strong fundamentals of InQubeta, its utility token has essential use cases, which has made its demand high, with only about 3% of the tokens allocated for the seventh stage left before the DeFi coin price upticks to $0.0255.
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