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August 08, 2023

FTX’s Bankruptcy Plan Suggests Exchange Reboot for Offshore Customers, InQubeta (QUBE) Presale Attracts Massive Investor Attention

The crypto landscape has seen its share of highs and lows, and exchanges are no exception. As FTX navigates its way through bankruptcy, there’s another entity capturing the attention of the crypto community: InQubeta (QUBE). Amidst the reboot plans of FTX, InQubeta’s ongoing presale has become a focal point for many investors. Let’s explore these developments and their implications.

FTX's Bankruptcy Plan Suggests Exchange Reboot for Offshore Customers, InQubeta (QUBE) Presale Attracts Massive Investor Attention

InQubeta (QUBE) Emerges as the Talk of the Town

While FTX aims to navigate its murky waters, InQubeta (QUBE) has been making waves in the crypto investment sphere. Designed as a groundbreaking platform to bridge the gap between potential investors and promising AI start-ups, InQubeta utilizes QUBE tokens to democratize AI investments.

The QUBE token, an ERC20 offering, presents a distinctive proposition. It’s not just another cryptocurrency but represents an investment avenue into AI innovation. With a deflationary mechanism—where a 2% buy and sell tax is directed to a burn wallet and a 5% sell tax flows to a dedicated reward pool—QUBE ensures that its holders are incentivized to stake their tokens, solidifying their faith in AI technology’s future.

The ongoing presale of QUBE tokens has witnessed impressive traction, with over $2.1 million raised so far. What’s even more notable is the innovative nature of the InQubeta platform. By facilitating fractional investments in AI start-ups via QUBE tokens, it provides investors with unique equity based NFT opportunities.

Beyond the presale, the InQubeta project’s robust roadmap, including the upcoming launch of an NFT marketplace, the InQubeta swap, and the InQubeta DAO, further cements its position as a major player in the crypto investment space. InQubeta’s commitment to becoming multi-chain by Q1 of 2024 further showcases its expansive vision.

FTX’s Reorganization Plan

FTX, once a dominant name in the crypto exchange world, has recently found itself entangled in bankruptcy procedures. As part of its strategic reorientation, FTX has floated the idea of a reboot for its offshore consumers. The proposed initiative emphasizes a clear distinction between the offshore exchange users of FTX.com (referred to as “dotcom customers”) and the users of the US-centric arm of FTX, termed as “US customers.”

The restructuring plan envisions the allocation of proceeds from a specific asset pool linked to FTX.com. The distribution will be in accordance with the pro rata share of each dotcom customer entitlement. Interestingly, the bankruptcy administrator is contemplating the inception of a fresh venture. With the backing of external investors, the aim is to revitalize an offshore platform. However, this revamped version would be strictly off-limits to US investors.

Conclusion

The contrasting scenarios of FTX and InQubeta (QUBE) provide an interesting snapshot of the dynamic cryptocurrency market. While FTX’s reboot strategy underlines the challenges faced even by established entities, InQubeta’s surging momentum underscores the opportunities that innovative and well-executed crypto projects can harness. As the world of crypto continues to evolve, it remains essential for investors to stay informed, diversified, and open to emerging potential, like the one offered by InQubeta.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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