The cryptocurrency market has garnered widespread attention due to its remarkable growth in the past few years, but its volatile nature is another defining characteristic with the prices and demand of coins experiencing unpredictable fluctuations. For the past two years, the bear market has prevailed, and the collateral across decentralized finance (DeFi) has declined.
According to DeFi Llama, the global DeFi total value locked (TVL) has also fallen recently. The TVL is used to measure the health of the DeFi protocol as it represents the number of assets that are currently being staked. The recent drop comes as a result of the decline in the total crypto market capitalization.
While the majority of cryptocurrency coins are succumbing to this bearish trend, InQubeta (QUBE) is experiencing major traction from the community, with its innovative and disruptive business model pumping it 150% in a couple of months. Powered by the Ethereum network, InQubeta claims to be the world’s first cryptocurrency crowdfunding platform for AI-driven startups. The network’s in-house token, QUBE, is among the best altcoins to buy now backed by its terrific use cases and unwavering positive opinion from analysts and investors globally.
InQubeta AI Fundraising Platform Registers Huge Growth During its Presale
InQubeta has built a strong reputation as the world’s first cryptocurrency crowdfunding platform that enables fractional investment in AI-driven startups using its native cryptocurrency QUBE. The team at InQubeta recognizes the potential of AI startups in driving breakthrough innovations from machine learning to robotics. Investing in these startups can be a risky proposition, especially for those who lack the means and network to connect to traditional Silicon Valley investors. This is where InQubeta’s NFT-driven marketplace comes in as a solution.
The QUBE marketplace will allow AI startups to create and list NFTs representing various rewards and/or equity in their company. The idea behind crafting these NFTs is to offer appealing investment options. Listing the NFTs in the InQubeta marketplace gives potential investors the opportunity to browse and evaluate the options before they decide to purchase. Once the purchase is made using the native token, QUBE, the corresponding startup receives the funds required to fuel its growth. Meanwhile, the investors are entitled to receive exclusive access to the startup’s products and services, profit sharing, equity in the company, and other perks attached to the investment.
Driving the entire Inqubeta ecosystem is its in-house currency, QUBE. QUBE is an ERC-20 deflationary token that presents its holders with the opportunity to stake, trade, and participate in the network’s governance. Token holders can propose ideas, take part in community discussions and vote on the implementation of the approved proposals.
The holders can also continue to benefit from the reward pool which is replenished through the 5% buy and sell tax on every QUBE transaction. QUBE is considered the best cryptocurrency investment as it is designed to reduce its supply over time enhancing its value. With 2% proceeds from every transaction being allocated to the burn wallet, the number of circulating tokens in the market keeps reducing with time. The current price of the token is around $0.0133.
Leveraging the power of blockchain technology and smart contracts, InQubeta aims to provide a seamless, secure, and efficient investment process to its users. The project is in its fourth presale stage and has already amassed a fund of over $2.9 million and is starting to lead the list of good cryptocurrencies to buy this year. Delve deeper into the future of AI investment with InQubeta and participate in the QUBE presale to enjoy the benefits of early adopters.
The cryptocurrency market may exhibit some volatility, leading to major fluctuations in demand which could affect the price of even the top crypto coins in the short term. This volatility has compounded the bearish trend and led to a decline in the total value locked (TVL) within the DeFi sector.
However, even amid such challenging situations, InQubeta has managed to stand out with its remarkable performance in the presale. The QUBE platform capitalizes on the trending technologies of AI and blockchain to become the world’s first cryptocurrency crowdfunding platform. Powered by the Ethereum network, its native token QUBE has emerged as one of the best altcoins to buy now offering several earning models to its holders. Security firms that have audited its smart contracts have shared positive reviews about the project and talked about its potential to become the top ICO of 2023. The company also has an ambitious roadmap to expand its investment ecosystem further by becoming multichain in the first quarter of 2024.
Visit InQubeta Presale
Join InQubeta Communities
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Credit: Source link