Cryptocurrency enthusiasts were taken on quite the rollercoaster journey recently. In a matter of minutes, the value of Bitcoin (BTC) soared by over $2,000, fueled by thrilling but fake news about a spot Bitcoin ETF approval.
This twist sent the entire crypto market into a frenzy. However, the thrill was short-lived, and Bitcoin’s price soon corrected itself.
In the midst of this crypto commotion, we also have InQubeta, a player in the artificial intelligence (AI) startup funding scene, revolutionizing how we invest in the world of artificial intelligence. They have embraced blockchain technology and NFTs to create an innovative ecosystem that offers fractional investment opportunities, bringing investors and AI startups closer than ever before.
The Bitcoin ETF Saga: A Rollercoaster Ride
The below doesn’t represent BIC opinion and is surely not a financial advice
Before the news, Bitcoin traded within a narrow range of $26,500 to $29,000. Despite several attempts to break the $30,000 barrier, the market remained in the control of bears, suppressing any significant gains.
Then a piece of news that was as thrilling as it was misleading – an announcement about the SEC’s approval of a BTC ETF. The cryptocurrency community went into celebration, and for a brief moment, Bitcoin’s price soared.
As quickly as the joy had spread, the truth surfaced, and it was not the news everyone had hoped for. The SEC had not granted approval, and the market swiftly corrected itself, dragging Bitcoin’s price back down. This whirlwind of events left many investors on a ride that was both exhilarating and, ultimately, disappointing.
InQubeta’s Pioneering Approach to AI Startup Funding
InQubeta shines as a leading example of innovation in Bitcoin hype in AI startup investment and community outreach. They are developing a Web3 project that aims to bridge the gap between the AI startups and investors. However, it is the way in which InQubeta leverages on the digital collectibles (NFTs) that make it stand apart from other platforms.
InQubeta’s vision in investment’ world feels as if it is an ocean breeze. This is not like just injecting funds into AI startups, creating a livable and interconnected society. They are differentiated by the way they employ blockchain and smart contracts, building a system that is open, safe, and equal.
However, supporting AI tech startups towards success is their main objective. However, their use of NFTs to promote democratized investing is really amazing. As a matter of fact, they have made every investment chance to be in the form of NFTs, even splitting them into pieces such that they are affordable for everybody. Small investors and big AI startups also have an opportunity.
The native token of InQubeta is, however, known as QUBE. It is a digital cash and blood of their ecosystem. Its presale has seen significant success with QUBE so far. Currently at stage 4, more than 84% of the tokens have been sold out which is equivalent to raising $3.8 million.
Holding QUBE tokens makes the ecosystem even more interesting. Governance involves allowing community members holding a token to make decisions about where the project is headed instead of just being transaction-centered. Moreover, staking QUBE tokens can be quite lucrative as there are sweet rewards for staking pools.
Secondly, as more QUBE tokens are staked, the supply decreases, making it less possible for the price to have a downward trend. Any person that is into AI tech and would want to take advantage of its growth should consider taking a hold on QUBE. AI funding should become more inclusive and participative by the community, as well as that’s the vision of InQubeta.
The InQubeta’s approach involves transforming how AI start-ups are funded in an open, transparent, and community-driven manner. InQubeta envisages a time when the world will be dominated by the mergence of AI technology and cryptocurrency, acknowledging that conventional investment strategies have become stale and outdated.
InQubeta views itself as a world of investments and that freshens its look. Dumping money on AI startups is not sufficient; it is about nurturing a living and connected society. Through smart utilization of blockchain and smart contracts they establish a transparent, safe, and democratic environment that’s why they are special.
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Source: https://beincrypto.com/bitcoin-settles-above-32k-real-deal-inqubeta-raises-3-8-million/