After a brief lull, market sentiment in the cryptocurrency market seems to be highly optimistic. Not only have analysts predicted a recovery for Ethereum, but they are also quite hopeful that the newly launched InQubeta (QUBE) will grow by 1,000% by 2024.
While Ethereum has been a top crypto to invest in for years, the meteoric rise of InQuebta has taken many users by surprise. The Ethereum-based platform is a one-of-a-kind portal for startups working with artificial intelligence which makes investment opportunities more accessible to these companies. The platform serves as a bridge between startups and potential investors while helping both parties access genuine opportunities. What’s more, is that its security framework is built on a robust mechanism that has been screened by world-leading blockchain audit companies.
The project is currently in its presale stage and the cryptocurrency ico has raked in over $2.3 million in presale funding.
InQubeta: Building a new league of AI startups with DeFi
InQubeta is a next-generation platform striving to help startups build the future of AI by helping them land funding opportunities. At the same time, InQubeta allows investors to access promising projects that leverage cutting-edge technologies before they hit the market. The platform’s native cryptocurrency is used for all transactions and distribution of rewards. Based on the ERC-20 standard, the native coin is called the QUBE token.
The QUBE token can currently be bought on presale. However, it has a lock-in period of 12 weeks and buyers will get their purchased coins after the vesting period ends. The InQubeta team has maintained that by introducing a vesting period, it can release the QUBE tokens in a phased manner and is not forced to dump them in one go and risk a supply glut.
The token has a deflationary model which is helpful in curbing price fluctuations and keeping the token value stable. Under the model, the token supply is made scarce by keeping it less than the demand and burning the extra tokens.
Another popular feature of the token is that it helps in the implementation of InQubeta’s decentralized autonomous organization (DAO) model. In decentralized governance, all stakeholders are given the freedom to suggest changes to the protocol that can improve its scope and voice their concerns about operations. If they want any changes to be implemented, they can move a proposal. The proposal is put to a vote and QUBE token holders with voting rights vote for them.
InQubeta is among the new altcoins that have garnered a lot of attention for their user-friendly interface and utility-centric models. Startups who want to explore new opportunities on the platform have to decide on what they have to offer the investor in exchange. Their offer could be a reward level or a share in their company’s equity. Next, these offers are tokenized, converted into NFTs, and posted in InQubeta’s NFT marketplace. At the NFT marketplace, potential investors can evaluate and buy the NFTs by paying for them with QUBE tokens. Investors also have the option of purchasing small parts or fractions of these NFTs.
The pre-order campaign for Ethereum phones is now live
Ethereum is a leading cryptocurrency that balances versatility with functionality. The ETH network powers cryptocurrency tokens, virtual machines, NFTs, and various kinds of decentralized platforms. Its native cryptocurrency is the ETH token and it’s among the most-traded cryptocurrencies in the world. In 2022, Ethereum switched to the proof-of-stake consensus algorithm from the proof-of-work protocol in a software upgrade that lasted for months and was dubbed ‘The Merge’. The Ethereum cryptocurrency is currently being accumulated heavily and seems to be poised for recovery as per many experts.
In a recent development, the pre-order campaign for Ethereum phones also went live in the US, Europe, and Canada. These phones are powered by the Ethereum OS and feature a decentralized messenger, a Web 3.0 non-custodial wallet, and a crypto payments tool, among others.
Conclusion
Both Ethereum and InQubeta are being considered as the best altcoins for 2023 by many experts and have proved their mettle with their market performance. However, when it comes to thinking about the long term, most analysts are likely to point you toward InQubeta because of its higher growth potential. The Ethereum-based platform seeks to transform the startup sector by paving the way for more investment opportunities. The model will be instrumental in not only boosting startups’ growth but also helping QUBE token holders create a sustained source of income through investment in promising AI-based projects. Its latest ico has also set the ball rolling for what is expected to be an eventful inning in the cryptocurrency market.
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Source: https://www.analyticsinsight.net/ethereums-poised-for-recovery-inqubeta-enthusiasts-predict-1000-returns-by-2024/