Some cryptocurrency experts are expecting InQubeta (QUBE) to replicate the exponential growth of Axie Infinity (AXS) and Dogecoin (DOGE). These predictions seem to be right on the mark, with InQubeta’s presale getting unprecedented attention from whales and small investors who are licking their lips at the opportunity to purchase equity in promising startups that focus on Artificial Intelligence (AI).
Axie Infinity saw significant growth toward the end of 2021 as prices shot upward before crashing in 2022. Dogecoin saw prices rise by over 3,800% after SpaceX founder Elon Musk backed the cryptocurrency publicly and revealed he had bought considerable amounts. Ironically, DOGE prices came crashing down soon after when Musk called the meme coin a “hustle” during a skit on Saturday Night Live.
InQubeta projected to exceed Dogecoin’s 2021 growth
InQubeta provides a platform for artificial intelligence startups to raise capital while giving investors a barrier-free opportunity to purchase equity and other bonuses in these companies. Total investments in the AI industry have risen significantly in the past decade, growing by over $80 billion from 2015 to 2021. InQubeta has created a blockchain network that allows investors who might not qualify for access to traditional investment firms an opportunity to purchase equity in startups and help push the AI revolution forward.
AI is poised to become the next major technological breakthrough since the internet’s invention. Just as winners like Amazon have been built on the internet’s infrastructure, experts predict many of the AI startups being created today will be major players in the new world created by artificial intelligence.
InQubeta (QUBE) allows startups to generate funds for projects by creating fractionalized, decentralized non-fungible tokens (NFTs). These tokens are evaluated by InQubeta’s team before being listed on the network’s marketplace where investors can browse and learn more about their projects.
Investors purchase NFTs of startups they think show potential, granting them equity and other rewards like profit sharing. It’s all powered by smart contracts.
Purchases on InQubeta’s marketplace are made with the platform’s native currency, $QUBE tokens. These tokens have deflationary protocols to help promote price growth and prevent inflation. A 2% tax is tacked on all buy and sell transactions on the marketplace and the funds accumulated are sent to burn wallets. A 5% tax is levied on all $QUBE transactions to fund a dedicated reward pool.
$QUBE holders earn rewards for staking their tokens from the dedicated pool. $QUBE tokens also give investors access to InQubeta’s governance, making them a part of decisions that affect the network’s operations.
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Axie Infinity (AXS) slows down after experiencing some growth
Axie Infinity is an online gaming platform that has evolved rapidly since its creation in 2017. Its gaming universe revolves around Pokémon-like characters called Axies. The platform merges blockchain technology with standard online gaming practices. It is one of the leading platforms that provide play-to-earn gaming opportunities.
Dogecoin (DOGE) still not showing signs of life
Dogecoin is yet to experience significant growth, despite Bitcoin prices rising by up to 40%. Elon Musk recently warning investors “not to bet the farmhouse” on it hasn’t helped its prices either. Dogecoin is an open-source cryptocurrency and one of the first meme coins. It was launched in 2013 but didn’t experience significant growth until Musk backed it in 2021.
Dogecoin having an unlimited supply also isn’t helping prices since savvy cryptocurrency investors typically don’t make big bets on cryptos with no protocols to protect against inflation. The Dogecoin blockchain was derived from Litecoin’s platform and uses a scrypt algorithm.
Summary
InQubeta has emerged as one of the top altcoins to buy as investors sell their holdings of other cryptocurrencies to buy more QUBE tokens. The opportunity to purchase equity in promising AI startups and help push the growth of AI technology is proving irresistible to investors who see the potential of the artificial intelligence space.
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Source: https://www.thecoinrepublic.com/2023/05/27/can-inqubeta-break-records-like-axie-infinity-dogecoin-in-2023/