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The InQubeta (QUBE) presale continues to garner lots of attention, while other coins that were expected to follow Bitcoin’s (BTC) 2023 growth like Cardano (ADA) and Solana (SOL) continue to see declining prices. InQubeta’s presale success hasn’t helped the growth of other altcoins as a growing number of investors are dumping other coins in favor of QUBE.
InQubeta provides a unique platform that allows investors worldwide to buy equity and other rewards in promising Artificial Intelligence (AI) startups. Conventional investment companies have seen an exponential increase in the capital thrown at the AI industry from $12.5 billion in 2015 to $93.5 billion in 2021. It’s a clear sign that many investors are looking to be part of the next major technological revolution.
Summary
InQubeta presale still generating lots of buzz
Artificial intelligence has gone from a fantasy of creators to a viable technology that’s already a major part of everyday life. Many law enforcement agencies already use AI-powered software to help with facial recognition, while innovative companies like Tesla® already have vehicles with self-driving features on the road.
AI is poised to change the world much like the internet did in the late 90s. Winners and losers will emerge as some industries are rendered obsolete by the technology, while others will be propelled forward by it.
InQubeta’s (QUBE) platform gives investors a chance to tether themselves to the AI revolution by purchasing equity in AI startups. It bypasses the barriers associated with traditional investment channels like high minimum rewards. InQubeta’s blockchain also simplifies the way startups raise capital for their projects.
AI companies raise capital by creating fractionalized ERC20 QUBE tokens on InQubeta’s platform. These non-fungible tokens (NFTs) represent equity and other rewards. Tokens are listed on the InQubeta marketplace where investors browse, learn about, and select promising AI startups.
Investors purchase equity in companies they like and other rewards like profit-sharing or early access to products and services. Transactions on InQubeta’s marketplace are done with $QUBE tokens, the platform’s native currency.
$QUBE tokens are designed to be deflationary, with a 2% tax added to all transactions involving QUBE NFTs and a 5% tax added to $QUBE sell transactions. The $QUBE accumulated from the 2% tax goes to a burn wallet to be destroyed, while the proceeds from the 5% percent tax fund a dedicated pool that rewards investors who stake their tokens.
$QUBE token holders also get to be part of InQubeta’s platform, with each investor’s voice determined by the size of their holdings. They get to propose, discuss, and vote on ideas that affect the platform and its future. With so much to offer investors, it isn’t much of a surprise InQubeta’s presale is getting unprecedented attention.
Cardano (ADA) prices are significantly below projections
Cardano is a proof-of-stake (PoS) decentralized blockchain that’s designed to be more energy efficient than proof-of-work (PoW) blockchain networks like Bitcoin’s (BTC). The Cardano blockchain allows investors to develop decentralized applications (dApps), making it one of Ethereum’s main rivals. Its blockchain also provides faster transaction speeds and lower fees than Ethereum’s network.
However, Cardano is yet to show any signs of life since the 2022 crash, despite being one of the top cryptocurrencies on paper. Investors pouring all their funds into more promising cryptocurrencies to buy like InQubeta hasn’t helped.
Solana’s (SOL) struggles continue
Solana continues to lose investors as prices keep declining. Its open-source platform takes advantage of the decentralized nature of blockchain technology to provide decentralized finance (DeFi) solutions to users.
Solana’s protocol is also designed to promote the creation of decentralized apps. It improves scalability with its proof-of-history (PoH) consensus, in addition to the blockchain’s PoS consensus. Despite Solana providing much-needed DeFi solutions, investors’ attitudes toward it remain bearish.
Summary
2023 isn’t going according to projections for many altcoins, except for a few like InQubeta. It’s a sign a growing number of investors are reserving their capital for only the most promising cryptocurrencies. InQubeta is one of the few cryptocurrencies that are expected to see exponential growth this year.
*This article was paid for Cryptonomist did not write the article or test the platform.
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