Indian e-commerce giant Flipkart recently announced that it would be partnering with Polygon (MATIC) and Hang to roll out a Web 3.0 loyalty program.
Hang’s FireDrops 2.0 platform will offer Flipkart users new opportunities by using NFTs and gamified experiences. For Polygon, the announcement has given it a big boost and it has been posting a strong performance since.
The crypto market also saw a switch in loyalties when Ripple whales steered towards InQubeta (QUBE) after its recent presale success. InQubeta is a decentralized platform for AI startups looking for investors.
It is being called one of the best new ICOs after presale funding recently reached $6.7 million.
What you'll learn 👉
InQubeta: A decentralized crowdfunding service for AI startups
InQubeta is a platform that solves the funding worries of AI startups. It ensures that they continue to focus on innovation and that their plans aren’t impacted by fund crunch.
InQubeta’s native cryptocurrency, the QUBE token, is a key component of its model. It can unlock various opportunities for its holders and even help them earn rewards for participation.
The QUBE token is used for buying NFTs, settling transactions, distributing rewards, and voting for important proposals. A part of its 1.5 billion supply is also used for paying legal fees, developers, and funding marketing campaigns.
The QUBE token is among the new altcoins that offer a staking service too. Token holders can stake tokens for as long as they want, and these staked tokens are used to support the blockchain’s operations. The rewards for staking activities are given from a rewards pool which is funded by tax collections.
In InQubeta’s decentralized governance system, token holders play a crucial role in determining what kind of changes are implemented. As there is no central authority to supervise operations, community members take charge of decision-making. Holders can even suggest changes if they feel they can improve the scope of the protocol. The changes are put to a vote where token holders express their opinions about them with their voting privileges.
The top altcoin has a straightforward model where startups and investors don’t have to engage in long formalities. They can invest in a startup with minimal fuss and explore new opportunities. Startups and investors connect via InQubeta’s NFT marketplace.
These NFTs are based on rewards-based offers submitted by AI startups. These offers entail details about what the investor will get in return for funding. These NFTs can be split into smaller assets and then sold to investors.
Polygon leads in inscription activity among EVM chains
Polygon is a scaling tool for dApps and blockchains powered by Ethereum. Its native token MATIC is the primary cryptocurrency of the Polygon ecosystem.
Polygon leverages scaling tools built using the zero-knowledge (zK) technology. The zK technology can yield higher scalability, flexibility, and security, which makes it ideal for building dApps quickly.
The MATIC team has created the Polygon Chain Development Kit (CDK) for blockchains customized for dApps. The CDK sports a high-performance module and can be used for deploying powerful Layer 2 chains.
Polygon recently reported the highest number of inscription-related activities on EVM-compatible chains, according to data from the Dune Analytics dashboard. The observation was based on data from seven days. Polygon’s NFT collection, known as POLS, also witnessed increased activity over the past few days.
Ripple Payments will provide services in over 70 markets
Ripple is a decentralized platform created specifically for businesses. The platform offers blockchain-based solutions to offer online transactions, boost business growth and revenue, and cut costs.
The native token of the Ripple ecosystem is known as XRP. Ripple’s flagship technology is the XRP ledger which is known to offer a high throughput.
The Ripple ecosystem includes a versatile platform to ensure crypto liquidity. Using the XRPL technology, Ripple also helps financial institutions in rolling out Central Bank Digital Currencies.
The platform was recently in the news after it updated its cross-border payments solution, Ripple Payments. With the update, Ripple Payment will be available in more than 70 markets.
Conclusion
If you are looking for the best crypto in the market, InQubeta and Polygon are some of the names recommended by experts. The two cryptocurrencies have come a long way since their launch.
These coins are attracting global attention due to their cutting-edge features and modular frameworks.
InQubeta is a unique cryptocurrency that has the potential to start an AI revolution. By providing investors a chance to invest in startup projects, it enables them to be a part of this revolution.
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