Solana’s Game-Changing Move; AI Altcoin Grows in Popularity Among Whales
In Brief
The crypto market was also abuzz with the way whales chased InQubeta (QUBE). The platform supports AI startups looking for funding and connects them to investors.
Solana (SOL) ended 2023 on a happy note after its weekly exchange balances surpassed Ethereum’s. The development proved to be a game-changer for the cryptocurrency and boosted its market share.
The crypto market was also abuzz with the way whales chased InQubeta (QUBE). The platform supports AI startups looking for funding and connects them to investors. It is powered by Ethereum and offers startups a user-friendly option to raise funds. The growing whale interest in InQubeta comes after its presale funding shot up, recently crossing $7.9 million.
InQubeta: Guiding the AI startups of tomorrow
InQubeta is a cryptocurrency that’s designed to tap into the growing interest in AI. It promotes projects leveraging AI technology and lets average people shape their trajectory.
The QUBE token is the native cryptocurrency of the platform and is used for all payments within the InQubeta ecosystem.
It’s a good crypto to buy if you want a portfolio that doesn’t lose its steam during inflation. The QUBE can power through inflationary situations due to its deflationary character. The feature reduces the quantity supplied to the market to control price changes. The gap between demand and supply drives the token value even during inflation. Any upward changes in supply are countered by burning the excess tokens in supply.
InQubeta is one of the best altcoins to buy now, as its decentralized governance structures ensure that token holders contribute to its growth. When it comes to protocol changes, the onus of choosing the right features falls on token holders.
Any proposed changes are first analyzed and then put to a vote. Token holders participate in the process as they are given voting privileges. A proposal’s chances of being implemented depend on how impressed they are with its potential impact.
To help startups and investors interact seamlessly, the InQubeta team has designed a transparent NFT marketplace. At the portal, investors can buy tokenized startup offers.
These offers apprise investors about how they can gain by investing in a startup’s project. Once an investor is convinced about a project, they can purchase the NFT with QUBE tokens.
Even after the funds are transferred, there is a lot that startups can explore on the platform. In a competitive business landscape, leading a startup can be challenging. InQubeta connects startups with industry experts from various domains to help them expand their business.
There are guidance and mentorship services available where startups can get in touch with AI experts to understand the nuances of the sector. The platform also has legal and accounting support, which enables companies to iron out any financial issues or challenges.
As a new brand, it might be difficult for a startup to connect with the right audience. They fix the problem by tapping into InQubeta’s extensive network of professionals and social media channels. Using its marketing support will help the companies spread awareness about their brand.
In the coming months, the InQubeta team has lined up several initiatives that would ramp up its user base. Its plans include launching a staking dApp and more marketing campaigns. For the platform, the team intends to add multi-chain capabilities and make it more interoperable.
Solana to support Trezor hardware wallet
Solana is a platform offering Web 3.0 tools for building decentralized infrastructure like dApps and NFTs. The blockchain’s USPs include its scalability and high throughput. With a block time of 400 milliseconds, it ensures that the network speed increases along with the size of operations.
All transactions are made in terms of Solana’s native token SOL. These transactions are confirmed by a network of validators who earn cryptocurrencies for their services.
Apart from Web 3.0 tools, developers can find an array of resources to learn new skills. These resources range from community courses to grants to tutorials and documentation.
Solana’s partnerships and initiatives have been a key part in pushing his popularity. The blockchain recently announced that SOL tokens would now be compatible with Trezor hardware wallets.
Conclusion
Any list of 2023’s best crypto investments would be incomplete without mentioning InQubeta and Solana. Over the past year, the two cryptocurrencies have posted a strong growth trajectory while weathering market storms.
Their decentralized frameworks mean that token holders can get involved in operations and influence where the crypto project is headed. Backed by high security and utility-centric models, they have all it takes to join the list of top crypto coins.
Disclaimer
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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, 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.
