As the New Year approaches, it seems there will be a shift of loyalties favoring new altcoins. Analysts have noticed many Chainlink (LINK) and Polygon (MATIC) holders switching to the newly launched token InQubeta (QUBE).
Built on Ethereum, InQubeta assists startups working with artificial intelligence (AI) to raise funds for their innovations. With its unique model, the platform has been winning over both crypto users and analysts.
What really shifts things in its favor is its presale success. It earned a place for itself among the best new ICOs of 2023 after its presale funding crossed $5.2 million recently.
InQubeta: Startup funding just a click away
InQubeta is a leading decentralized platform where startups can find funding sources to speed up their growth journeys. The platform can drive financial inclusion not just for startups but for regular crypto users, who can access budget-friendly AI projects for investment.
For seamless transactions and governance, InQubeta has rolled out a native cryptocurrency called QUBE. Apart from transactional purposes, the QUBE token is used for giving out rewards, funding marketing campaigns, paying legal advisors, and maintaining liquidity pools.
The top altcoin has a deflationary model which is great for shielding an asset’s returns under inflationary pressures or market volatility. The model works by keeping the availability of tokens low.
The low supply will curb frequent changes in price. If the supply increases beyond a predetermined level, the excess tokens are burned in the token burn wallet.
InQubeta has a decentralized system of governance where community members can contribute to the operation of the platform. If a community member has an idea or plan for improving the protocol, they can pitch it as a proposal.
These proposals are extensively discussed and then put to a vote. Token holders who have special voting privileges then decide the fate of the proposal. Depending on how they feel about a proposal, token holders can make decisions in the best interest of the platform.
Analysts have backed InQubeta as a top crypto to invest in due to its transparent mechanisms that allows startups and investors to find what they need without the hassle, barriers, or formalities associated with traditional investment.
The only thing that startups need to begin is a rewards-based offer for investors. These offers are converted into NFTs and posted on an online marketplace with all other startups’ offers. Investors can check out, evaluate, and buy these NFTs. Investors can buy either a small portion of the NFT or the entire asset, all thanks to InQubeta’s fractionalization feature.
Moore Johannesburg to provide attestations for Chainlink’s PoR protocol
Chainlink has been designed as an abstraction layer that powers interoperable smart contracts and was rolled out in 2017.
Chainlink is built on an oracles-based network to facilitate secure communication between blockchains and data feeds, payment methods, and events for the extraction of critical data. This off-chain data is used by smart contracts for executive tasks. The platform’s native token is LINK.
The platform was recently in the news after it roped in Moore Johannesburg to provide third-party attestations for Chainlink’s Proof of Reserve (PoR) protocol. Moore Johannesburg is a part of global accountancy firm Moore Global and the attestations would be provided by the former’s TrustReserve technology stack. Many long-term LINK holders believe the token will turn bullish soon but for quick returns, presale coins could be a better bet.
ChainGPT integrates Polygon Network
Polygon is a Layer 2 scaling solution for Ethereum-friendly dApps and decentralized solutions. The platform is known for its easy-to-use software development kit with a modular framework that is compatible with several kinds of applications.
Polygon has managed to integrate zero-knowledge technology with which developers can create zk rollup chains, optimistic blockchains, and standalone chains. Its native token MATIC is used for meeting all kinds of transactional obligations on the network.
AI-driven platform ChainGPT recently added Polygon to the list of blockchains integrated with its ecosystem. The move is likely to improve the interoperability of its cross-chain AI hub and user experience.
Conclusion
If you are looking for the best cryptos in the market, InQubeta is among the options you should consider. The Ethereum-based platform balances a crypto user’s present as well as future needs with its growth potential. Its robust security framework keeps users’ assets secure.
Features like decentralized governance and a deflationary token model ensure that QUBE’s holders have a say in the working of the platform. LINK and MATIC remain good options but QUBE is available at lower rates during the presale stages and could potentially provide better returns in the long term.