Altcoins that help to advance artificial intelligence (AI), like InQubeta (QUBE), Chainlink (LINK), and Filecoin (FIL) are enjoying a surge in investor interest as tech titans like Bill Gates and Elon Musk back AI as it prepares to transform the world.
The InQubeta project hopes to push advancements in the AI industry by guiding capital to startups and opening up investment opportunities. It aims to provide an alternative to traditional investing mediums, which deny a huge fraction of the population from using their services due to elitist standards like having to prove net worth requirements 90% of the U.S. population can’t meet.
These practices stifle the flow of capital to firms that need it while reserving investment opportunities for the elite. Thanks to InQubeta, anyone who wants to invest in AI now has an easy-to-access medium to do so.
Chainlink is an abstraction oracle layer that facilitates interactions between blockchains and the external world. It allows smart contracts to extract data from external sources, use non-blockchain payment processors, and retrieve the results of events.
Filecoin is another solution-based project that allows its users to monetize free data storage on their devices or rent out storage from other users. It’s a decentralized file storage system.
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InQubeta (QUBE) setting a new standard for AI-focused cryptocurrencies
The InQubeta project has sold over $2.1 million in tokens early on in its presale, outperforming previous projections. Its success is in line with the growth other companies that help to advance AI have enjoyed in recent years. For example, Nvidia became a member of the trillion-dollar valuation club a couple of months ago when its stock prices skyrocketed after it revealed a rise in the demand for computer chips that AI models run on.
Investments in AI have grown exponentially in recent years, going from only $12 billion in 2015 to over $120 billion today. Investors are projected to become even more bullish toward AI in the next several years, with over $1.5 trillion predicted to be directed to the artificial intelligence industry over the next several years. The InQubeta project will help to guide a fraction of these funds to startups that need capital by making investment opportunities easier to access.
A blockchain-based investment process
InQubeta uses a crowdfunding model to direct capital to AI firms by opening up investment opportunities to everyone who wants to join. It uses blockchain technology to create a seamless, secure, and transparent investment process.
Non-fungible tokens (NFTs) replace stocks on the QUBE network and companies raise capital by selling equity-based NFTs on the marketplace. Investors get part ownership of their firms, while they get more capital to advance AI.
Chainlink (LINK) expected to enjoy more growth
Chainlink provides an ideal training ground for smart contract and AI developers as it rewards users for extracting, formatting, and making off-chain calculations. Chainlink prices have risen by over 15% in the past month and more growth is expected as it attracts more developers to its platform.
Filecoin (FIL) investors turning bullish
Filecoin prices haven’t enjoyed much growth in 2023, but it appears a new floor has been reached as prices start to trend upward.
Filecoin makes it easy for anyone with devices with data storage to earn profits by renting out storage space while providing a more affordable way for those who need data storage to rent what they need. Filecoin’s utility gives it lots of growth potential, but don’t expect it to keep up with $QUBE.
InQubeta is the new leader of AI-focused altcoins as its growth potential is comparable with Bitcoin’s. The network making it easier to invest in AI while getting startups the funding they need to innovate has been a colossal hit with investors.
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