Crypto users across the world were disappointed after the tepid performance of SingularityNET (AGIX) after its recent upgrade. Dashing hopes with a drop in its price, the AGIX cryptocurrency is currently exhibiting a bearish trend. However, SingularityNET’s loss ended up being InQubeta’s (QUBE) gain.
The newly launched token is trending as one of the best cryptocurrencies to buy this year after stellar presale growth and hype around its next-generation model. Such is its popularity that analysts feel that it has the potential to grow by 300% in the fourth quarter of 2023.
InQubeta has carved a niche for itself by helping startups working with artificial intelligence to land investments. The platform strives to boost growth for both startups as well as the AI industry with DeFi solutions. Analysts see this model as a unique solution that can help InQubeta grow by leaps and bounds in the near future.
InQubeta is now a part leading analyst’s best cryptocurrency ICO list for the year after its presale funding crossed $3 million recently. As there are multiple presale stages still left, analysts feel that figure has a lot further to grow.
What you'll learn 👉
InQubeta: raising the potential of AI projects
InQubeta is a state-of-the-art crypto project that demonstrates how decentralized finance can drive impact in multiple fields. Not only does the platform help startups secure necessary funding but it also enables investors to invest in projects that are evolving technologies. With InQubeta, investors can look forward to exploring projects ahead of their market launch and stay ahead of the competition.
To ensure that all transactions on its network are conducted seamlessly, the platform has released a native cryptocurrency called the QUBE token which is modeled on the ERC-20 standard of the Ethereum network. All rewards on the network are also distributed in terms of the QUBE token. Token holders can also stake these crypto coins to earn rewards while supporting the platform’s growth. You can buy the token on presale, however, you would have to wait for 12 weeks to access them as the token has a vesting period.
To join the InQuebta network, startups have to come up with an offer for the investor which the latter would receive in exchange for the funding. All such offers are tokenized and minted as NFTs. Investors can evaluate these offers at the NFT marketplace. If they agree to the startup’s offer, they can pay for it with QUBE tokens. As these NFTs can be fractionalised, investors get the option of either buying the entire asset or a small fraction of it.
For many analysts, the QUBE token is among the altcoins to watch out for in 2023 because of its versatile structure. The token has a deflationary model which helps in curbing price fluctuations and shielding users’ returns against market volatility. The deflationary model works by keeping the supply below the market demand. If there are any extra tokens in circulation, they are burned or destroyed. Analysts believe that QUBE is on its way to registering a 300% rise in the long term since it is backed by multiple use cases.
SingularityNET and VeChain to partner in cutting down carbon emissions
The AGIX decentralized platform allows developers to create AI-based services and monetize them. These services can be bought from anywhere on the globe via the SingularityNET marketplace. The platform’s native cryptocurrency, the AGIX token, is used for all transactions. Before buying an AI service, developers can also test and browse them on the marketplace. Developers who design these services can also track how well their creations are doing.
The platform was recently in the news after it announced its partnership with VeChain to fight climate change and reduce carbon emissions. According to reports, the collaboration will result in combining SingularityNET’s AI algorithms with VeChain’s enterprise data. The move is likely to automate a series of manual processes and supply real-time data. The AGIX token has demonstrated bearish behavior in spite of an update but could recover in the long term.
Conclusion
If you are still wondering what cryptos to buy now, InQubeta is an innovative crypto project that is worth adding to portfolios. Be it reliability, utility-centric features, or security, InQubeta ticks all the right boxes. It allows crypto users to invest in a startup and promising technologies like AI without exceeding their budget. At the same time, its deflationary token ensures that its holders do not lose out on their returns due to market volatility.
Head over to the QUBE presale to find out more about this upcoming cryptocurrency platform. Experts believe that it could register king-sized gains once it gets listed on mainstream exchanges.
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