A lot has gone on in the cryptocurrency space in the past couple of weeks as the InQubeta (QUBE) presale sells over $2.1 million in tokens despite cryptocurrency markets remaining bearish. Meanwhile Curve Finance managed to recover most of the $66 million that was stolen by a hacker at the end of July.
Chainlink (LINK) and Polygon (MATIC) have seen their prices rise as institutional investors accumulate the pair, along with InQubeta’s $QUBE tokens.
InQubeta aims to open up investment opportunities in the artificial intelligence (AI) field by replacing stocks with non-fungible tokens (NFTs) on its Ethereum-based blockchain. It provides an alternative to traditional investing avenues which are well-known for having discriminatory requirements that disqualify a large fraction of the global population from using their services.
Institutional investors flocking to InQubeta (QUBE) presale
Various factors are driving the success of the InQubeta (QUBE) presale. First, it’s one of the most profitable events going on in the cryptocurrency space, setting investors up to grow their capital by as much as 400%.
Second, it helps to push advancements in the AI sector, and companies that advance the technology – like Nvidia – have generated lots of investor interest in the past few years. AI investment capital has grown by over $110 billion since 2015 and is expected to surpass $1.5 trillion in the next several years.
InQubeta will help to direct these funds to AI startups by making it easier for everyday people to invest in these companies. Investors don’t have to jump through any hurdles on the InQubeta network. Anyone can buy part ownership of AI startups by purchasing equity-based NFTs made on the network.
The process
The NFTs sold by AI startups on the QUBE network are the blockchain version of stocks and grow in value as the valuation of the companies behind them rise. Investors get full ownership of these tokens once trades are completed so they can keep them long-term or sell them at any time.
The excellent token economics of the InQubeta network – like burn taxes and a 1.5 billion cap on tokens – virtually assure the long-term price growth of $QUBE tokens.
Curve Finance dodges a bullet by making the hacker an irresistible offer
Cryptocurrency hacks typically don’t have happy endings since the nature of blockchains makes it impossible to reverse transactions, so there’s typically no way to recover stolen tokens. However, some outside-the-box thinking paid off for Curve Finance executives as the hacker returned all the stolen crypto after being offered a 10% bounty and a promise that no legal action would be taken concerning the hack.
Chainlink (LINK) proves useful for AI developers
The Chainlink platform has been a hub for smart contract and AI developers by sending out rewards to users who extract, format, and provide data from external sources. Chainlink prices have enjoyed substantial growth in the past month and more is expected as the year progresses.
Polygon (MATIC) poised for significant growth
Polygon Labs has been in the news a lot lately from TIME Magazine dubbing it one of the 100 most influential companies to JPMorgan launching its first Bitcoin (BTC) live trade on its blockchain. Polygon is a scaling solution for the Ethereum blockchain that also aims to improve user experience on the network. Mainstream companies like META and Starbucks have launched programs and services on the Polygon network.
Summary
InQubeta, Chainlink, and Polygon all have the potential for substantial growth in 2023, with QUBE leading the way. InQubeta helps to advance what many are already calling the biggest tech revolution in human history by making investments in AI easier to access.
Expect $QUBE prices to rise exponentially once the presale is over as over $1.5 trillion is directed to the artificial intelligence sector in the next several years.