Artificial intelligence is among the most widely used technologies that have found applications across industries. According to reports, the global AI market is expected to grow at a CAGR of 37.3% between 2023 and 2030. The figures reflect the potential of this amazing technology to transform diverse sectors. Even in the decentralized finance space, there are multiple crypto projects that are leveraging AI to come up with innovative use cases. InQubeta (QUBE) is a newly launched Ethereum-based decentralized platform that has been garnering global attention with its cutting-edge model which connects startups working with AI with potential investors.
There’s a lot of buzz about the QUBE cryptocurrency which is being touted as one of the best new ICOs of 2023 due to its huge presale success. Currently in its fourth presale stage, InQubeta’s ICO has raked in over $3.5 million so far. Analysts who have been tracking the project’s growth believe that it has the potential to grow by 1,700% in the coming months. Here are the top three features of this revolutionary new cryptocurrency project.
1. A user-friendly interface
InQubeta is one of the best cryptos that you will find in today’s market and it has wooed a lot of users with its intuitive interface. It has a transparent mechanism in place that facilitates startups and investors to connect seamlessly. Before they start connecting with investors, startups have to come up with what they would like to offer the investor in exchange for the funding. These offers might comprise a share in the company’s equity or a reward level. These tokens are minted into NFTs and then posted on the NFT marketplace where investors can evaluate them. If they agree to a startup’s offer, investors can pay for the NFT using their QUBE tokens.
These NFTs can be fractionalized or divided into smaller parts. So, even if you are a budget-conscious investor, you can still find investment opportunities with this top altcoin.
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2. A deflationary token
InQubeta has rolled out a native cryptocurrency called the QUBE token which is used for all transactional purposes on the network. Modeled on the ERC-20 standard, the QUBE token is available on presale with a 12-week lock-in period.
One of the key draws of the QUBE token is its deflationary model which prevents price fluctuations from eroding the token’s value. A deflationary cryptocurrency’s supply is always regulated in a way that it stays less than the market demand. With a scarce supply, the InQubeta team manages to minimize price fluctuations and ensure that the token value stays stable. In case the supply exceeds the demand, the excess tokens are destroyed by sending them to the burn wallet.
For an example of how the deflationary model works, let’s consider the taxes that InQubeta levies on the QUBE token’s purchase and sale. Every time a token is bought or sold, the buyer or seller has to pay a small tax on the transaction. As the taxes are also paid with QUBE tokens, their supply might rise. To maintain a scarce supply, a small part of the tax proceeds are burned with every sale or purchase.
3. A decentralized governance structure
InQubeta’s governance structure is based on the decentralized autonomous organization (DAO) model and all stakeholders are involved in the decision-making process. If community members have a suggestion in mind, they can pitch it as a proposal before others. The rest of the community will vet the proposal to highlight its pros and cons. The proposal is then put to a vote and QUBE token holders get exclusive voting rights which they can use for voicing their opinions about the suggested changes.
Conclusion
InQubeta is a top crypto to invest in that deserves the praise that it’s getting from both crypto users as well as analysts. Experts who have reviewed the cryptocurrency feel that its key strength is its growth potential. InQubeta enables its users to build a steady source of income by investing in a startup and securing their future. The platform empowers startups to bring their ideas to life by connecting them with genuine investors. Lastly, InQubeta’s other features like a deflationary token and a robust security framework assure crypto users that both their assets as well as privacy are in safe hands. Buying a coin during the presale stage can provide potentially huge returns in the long term.
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