Toncoin Raises $8M in Funding from Mirana Ventures; New AI Altcoin Presale Garners Broad Investor Interest

The launch of crypto ETFs has left the DeFi community divided. While there are obvious benefits of these financial products like regulated access to cryptocurrencies, there are also concerns about the legal aspects of BTC ETFs. 

For a long time, analysts have been worried that regulatory challenges for ETFs might impact the crypto market. Thankfully, there have been enough positive developments to pull the market out of a potential lull. 

Notable among them was the news of Toncoin (TON) raising $8 million in funding from Web 3.0 investment firm Mirana Ventures. Announcing the partnership, Mirana Ventures lauded Toncoin’s capacity to boost the adoption of DeFi technologies. 

Toncoin’s fame is rivaled by InQubeta (QUBE), which has garnered global interest through its AI-centric model. Regarded as one of the best cryptocurrencies to buy this year, InQubeta helps AI startups find investors and create strong businesses using its services. 

InQubeta: Equipping startups with tools of business excellence

InQubeta is among the emerging cryptos that can ostensibly be a game-changer for the AI innovation space. By using cryptocurrencies for fundraising, they enable startups to innovate faster and more efficiently without letting a fund crunch rain on their parade. 

Startups can connect with investors, mentors, and distinguished professionals from different fields to expand their marketing efforts.

The platform has created a native cryptocurrency for all transactions within its network. The coin is called the QUBE token and it can be used for settling payments and participating in the governance of the platform.

Its presale stages have attracted many buyers and have collectively garnered more than $11.4 million so far.

Though InQubeta’s primary objective is to help startups raise funds, it also helps budding innovators find their footing in a competitive world of business. The platform connects startup teams with a diverse range of professionals who come from different fields. 

To gain from their experience, startups can find mentors to guide them and steer them through the challenges of the AI sector.

They can bank on the network to spread the word about their AI project and help devise a marketing strategy. Meanwhile, InQubeta’s social media channels can bolster a startup’s online presence. 

For daily operations and introducing new proposals, InQubeta implements a decentralized governance structure where token holders are responsible for making all decisions. 

They are given voting privileges to express their view about proposals for upgrades or changes and new features. 

If a community member feels that a suggestion could improve the scope of the protocol, they can vote in favor and vice versa. 

Apart from making it to leading analysts’ best cryptocurrency ICO lists, the QUBE token is lauded for its staking feature. The accessibility of the service encourages even the most hesitant crypto users to step out of their comfort zone and explore a crypto project. 

Telegram to use Toncoin token for paying ad revenue

Toncoin is a crypto project that’s the brainchild of the team behind the messaging app Telegram. Using its native token TON, crypto users can make high-speed online payments. 

Considered one of the altcoins to watch out for this year, TON is a versatile asset that offers the benefit of diversification. Its holders can function as validators to keep the network secure and earn crypto rewards.

It was in the news recently after it bagged $8 million in funding from Mirana Ventures. According to reports, the funding would be put towards developing Telegram’s SuperApp and collaborations with blockchain systems. 

Toncoin has also evoked broader user interest after Telegram announced that it would be using TON tokens for paying ad revenue to creators on its channels.

Conclusion

If you are also confused about what cryptos to buy now, it’s time to listen to what analysts are saying. Currently, InQubeta and Toncoin are among the top picks of experts given how they have been posting consistent returns.

Blockchain researchers have expressed faith in the code architecture of these crypto projects and consider it one of their many USPs. Both projects have attracted many users and have built a loyal community of users in a short period of time. 

According to market experts, Toncoin’s success in impressing venture capitalists and InQubeta’s stellar ICO gains might lead to an extended bull rally in these two coins. 

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