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The use of artificial intelligence (AI) with blockchain technology can lead to better scalability, security, and a better user experience.
In the wake of these benefits, there has been a rise in AI-led crypto assets in the DeFi sector. A recent report claimed that the blockchain AI market is expected to grow at a CAGR of 23.6% and is expected to cross $970 million by 2027.
Many crypto analysts believe that AI can drive significant impact for crypto uses. Experts are currently backing InQubeta (QUBE), RenderNetwork (RNDR), and Singularity.NET (AGIX) as these coins could post 100x gains in the coming months.
InQubeta is a new cryptocurrency network powered by the Ethereum blockchain. It assists startups in leveraging AI for their projects and finding funding from investors.
The InQubeta ecosystem has left crypto users impressed with its cutting-edge features. After its presale funding recently crossed $6.7 million, InQubeta received a spot on many analysts' best cryptocurrency ICO lists for 2023.
Through InQubeta, startups can find impartial opportunities and a mechanism that empowers both investors as well as firms that wish to raise capital.
Its model has been created to make fundraising transparent and fair. The platform has a native cryptocurrency known as the QUBE token and it's used for settling payments within the InQubeta ecosystem.
The total availability of the QUBE token is 1.5 billion and more than half of the supply is up for sale. The remaining tokens are used for paying the operational expenses of the platform.
QUBE can also be staked to earn passive income. The opportunity is ideal for rookie crypto users who are still learning the ropes of crypto investments. They can earn crypto rewards without selling the tokens. These rewards are given from a pool that is funded through tax proceeds.
InQubeta operates on a democratic model. All protocol changes have to be approved by token holders before being implemented. Token holders receive voting privileges which they can use to vote for a suggested change. The special rights help them prevent unnecessary changes and ensure the best interests of the platform.
QUBE can be bought on presale for long-term gains and should be on your watchlist if you are unable to decide what cryptos to buy now.
Its deflationary model can help buyers register good returns and also protects a crypto portfolio from inflation. The QUBE token's supply is always lower than what is demanded in the market.
The scarce supply keeps the prices from fluctuating when the inflation is high. If the supply does increase, the extra tokens are quickly burnt to make it scarce again.
Render Network is considered one of the best cryptocurrencies to buy as it has democratized the GPU rendering space sector.
It is a scalable and secure platform for connecting idle rendering systems with artists and studios to help them create 3D content. Artists and creators can use GPU power to render artwork.
The decentralized platform offers affordable GPU rendering services which are secured by its native token known as RNDR. Middlemen can be removed and artists can receive better payments for their services through the Render ecosystem.
Payments for a commissioned artwork are kept in an escrow amount until the final work is verified. The platform recently made the switch to the Solana blockchain as the team felt it was a faster and cheaper network.
SingularityNET is a popular platform for content creators to build, monetize, and sell their AI services. It is powered by the AGIX cryptocurrency and has a loyal community of supporters.
It serves as a digital marketplace for all things AI and fuels innovations by coming up with regular upgrades. Users can search and test AI algorithms from an extensive library that is regularly updated by AI service providers.
Creators can ramp up their solutions by integrating SingularityNET's flagship AI services. There's also a publishing portal where users can create, edit, and manage their AI services.
AI-based cryptocurrencies like InQubeta, Singularity.NET, and RenderNetwork are among the altcoins to watch out for this year.
These three tokens are suitable for all categories of crypto investors. Singularity.NET and Render leverage AI to empower artists and content creators, and InQubeta helps startups accelerate their growth momentum.
These promising platforms have clocked robust growth despite market disturbances and are expected to be among the frontrunners of the crypto market in 2024. Buyers can also diversify their portfolios by adding these coins for the long term.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
