Matter Labs CEO counters Polygon; InQubeta tops $2M in presale

The majority of the crypto landscape is open-source, shaping innovative projects’ development and trajectory. Nevertheless, issues regarding attribution are often raised. In recent developments, headlines have been dominated by an exchange between Alex Gluchowski, the CEO of Matter Labs, and Polygon regarding code copying and proper attributions. At the same time, the InQubeta presale has achieved a significant feat as it breaks through the $2 million mark.

In this article, we will delve into the dispute between Matter Labs and Polygon and the dismissal of the allegations by Gluchowski. Further, we will explore the impressive progress of the InQubeta presale and the factors that contributed to it.

InQubeta (QUBE): $2 million milestone reached in presales

InQubeta’s presale recently achieved a milestone, proving its soaring popularity within the crypto landscape and exceptional fundamentals. While the presale has broken through the $2 million mark, it continues to attract more attention from investors seeking innovative solutions and significant ROIs.

InQubeta is a unique project that stands at the crossroads between AI and blockchain technology. Due to its novel concept and the critical challenge it sets out to solve in the AI industry, it is poised for adoption. Its vision revolves around becoming the world’s first AI startup crowdfunding platform as well as an investment hub for promising AI investments. As a result, its utility token, QUBE, will have important use cases as it will be used to raise funds by AI developers and for investments.

Within its cutting-edge NFT marketplace, AI developers and entrepreneurs can raise funds by giving up parts of their projects and minting investment opportunities in them. The tokenized investment opportunities, which will be represented as NFTs, will be listed on the marketplace. Meanwhile, to allow seamless investment and give access to all investors, the NFTs will be fractionalized, thereby democratizing access to lucrative AI investments.

Additionally, the deflationary supply of the QUBE token contributed to its presale success. By building a burn tax onto its platform, 2% of all QUBE sales and 1% of purchases will be removed from circulation and burned. This is intended to create a scarcity effect, which the QUBE token will benefit from over time.

Further, the project’s explosive growth potential appeals to investors looking for promising and profitable investment opportunities. Experts predict that the token’s value will increase by more than 5,000% by the end of the year.

The InQubeta presale is ongoing and is currently in its third stage. The price per token is $0.0112, which is a competitive price and a low entry point.

InQubeta

Polygon (MATIC): Plagiarism case against Matter Labs zkSync

Polygon (MATIC) is a layer-2 scaling solution built on the Ethereum network. Polygon is one of the key players in the layer-2 ecosystem as it aims to solve some of the challenges of Ethereum. Polygon’s zero-knowledge proof, zkEVM, a ground-breaking development, further aims to dramatically improve the experience of using and building with Ethereum, which is an exciting step towards Web3 adoption.

In recent developments, Polygon Zero accused Matter Labs and its zkSync of plagiarizing the “performance-critical components” of its Plonky2 without proper attribution. However, Alex Gluchowski, in a post on Twitter on August 4, wrote that this couldn’t be further from the truth and dismissed the allegation.

Conclusion

Amidst the situation between Polygon and Matter Labs, and with the latter dismissing Polygon’s allegations, InQubeta continues to break records and create milestones in its presale. After soaring to popularity within the crypto landscape, InQubeta has been hailed as one of the most innovative projects in the scene. Serving as an intersection between blockchain and AI, InQubeta presents an exciting and profitable investment opportunity.

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Source: https://www.cryptonewsz.com/matter-labs-ceo-counters-polygon-inqubeta-tops-2m-usd-in-presale/