Time for a double dose of innovation as Sui Network pioneers liquid staking for enhanced security and liquidity, while InQubeta’s QUBE token reshapes AI startup funding through fractional investments.
Time to unveil the future of technology investments where inventions and opportunity intersect.
What you'll learn 👉
InQubeta: Smart Investments and High Aspirations with QUBE
InQubeta presents itself as the pioneer of a novel crypto crowdfunding platform, introducing fractional investment in AI startups through its native QUBE tokens. Functioning on the Ethereum blockchain, InQubeta’s goal is to transform the landscape of AI startup funding and engagement.
By converting investment opportunities into NFTs (non-fungible tokens) and subsequently fractionally dividing them, InQubeta provides a gateway for investors to participate according to their financial capabilities. Not only does this offer early backers advantages in the investment process, but it also introduces an NFT marketplace where AI startups can raise funds and present reward and equity-linked NFTs.
The QUBE token serves as the linchpin of this ecosystem, featuring a deflationary nature through a buy and sell tax structure. This structure includes a 2% tax on buys and sells directed towards a burn wallet, thereby increasing the token’s value over time. Moreover, a 5% sell tax feeds a dedicated reward pool, giving token holders the opportunity to earn rewards by staking their tokens.
InQubeta’s vision is rooted in the potent combination of AI technology and crypto. While traditional investment paths can be inaccessible and inefficient, InQubeta bridges the gap by facilitating a seamless investment process for both investors and startups. Through blockchain’s transparency and security, the platform cultivates a democratic and secure investment environment that aligns with the growth and prosperity of AI startups.
Sui Network Introduces Native Liquid Staking for Token Holders
Sui Network, a platform known for its blockchain and smart contract capabilities, has rolled out a creative feature in its latest network upgrade. This enhancement enables a concept called liquid staking, allowing users who hold SUI tokens to stake them and receive derivative tokens in return, based on the value of their staked tokens.
Unlike conventional staking where tokens are locked up, liquid staking introduces flexibility by providing users with these derivative tokens (referred to as stSUI) that can be used for trading, loans, or other purposes.
The platform’s focus on decentralization and avoiding the concentration of power within validators is key to this update. Third-party apps utilizing liquid staking on the Sui Network will be able to extend the benefits of this concept, all while maintaining a diverse staking landscape and enhancing network security.
The process involves two components. Firstly, a third-party package issues derivative tokens equivalent to the staked tokens. For instance, if someone stakes 100 SUI tokens, they will receive 100 stSUI tokens. These stSUI tokens can be traded or employed for various purposes. The second component retains the original tokens within the staking process, contributing to the network’s overall security.
Greg Siourounis, the Managing Director of the Sui Foundation, expressed gratitude for the community’s engagement in SIP #6. He emphasized the aim of providing native support for liquid staking to address users’ concerns about sacrificing liquidity while participating in network security.
Conclusion
In conclusion, InQubeta’s NFT marketplace, powered by the QUBE token, orchestrates a symbiotic relationship between AI startups and investors. As it advances its journey from Ethereum to a multichain approach, the platform aims to further diversify and democratize the investment landscape, all the while boosting the potential of AI technology startups.
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