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InQubeta (QUBE) has emerged as a must-have cryptocurrency in 2023, with its presale generating over $2.1 million in token sales. The platform aims to push advancement in artificial intelligence (AI) by creating an alternative to traditional investment avenues.
El Salvador was the first country to adopt Bitcoin (BTC) as its national currency and it's taking another massive step towards mainstream cryptocurrency adoption by easing the licensing procedure for cryptocurrency firms. The country issued its first digital asset license to Bitfinex a few months ago and hopes to attract more companies by making the process easier.
El Salvador turning to Bitcoin has had some positive effects like providing banking services to over 80% of its population who didn't use banks. It has also doubled the tourism revenue generated.
The InQubeta project has so many things going in its favor, the success of its presale isn't much of a surprise. For starters, it's tethered to what many are already anticipating will be the biggest technological breakthrough in human history.
The AI industry has reached some significant milestones in the past decade, which has led to investors feeling optimistic about the industry's future. Investments in AI have grown substantially since 2015, rising by over $110 billion. The total being poured into AI is projected to go past the 1.5 trillion dollar mark by 2030.
Companies that help advance the technology are poised to enjoy a massive influx of capital in the next several years. Christmas came early for Nvidia when its stock prices skyrocketed after it revealed an increased demand for AI chips in its quarterly report. The news sent Nvidia's market capitalization over a trillion dollars despite starting the year with a sub $300 billion market cap.
The InQubeta project is poised to funnel a substantial portion of capital to AI startups that need funds to innovate.
InQubeta provides a more accessible way to invest than mainstream investment firms by allowing startups to sell equity-based non-fungible tokens on its platform. These tokens are the blockchain equivalent of stocks and increase in value as the companies behind them grow.
Investors get NFTs transferred to their wallets once sales are completed and are free to sell whenever they desire or hold on to their tokens long-term.
Investing in AI startups isn't the only way to earn profits in the ecosystem. Stakers get additional $QUBE sent out from a dedicated pool, and excellent token economics, like a 1.5 billion token cap and burn taxes, virtually assure the long-term price growth of $QUBE. Tokens being staked reduces the total supply, helping to push prices upward.
InQubeta runs a democratic ecosystem that allows investors to be part of its governance. The size of each investor's holdings decides the weight of their vote on matters that affect the network's development and operations.
El Salvador continues to be a trendsetter regarding the mainstream adoption of cryptocurrencies as it takes measures to make the licensing procedure easier for cryptocurrency firms looking to establish a presence there.
The small South American nation opened up access to banking services for 80% of its population, who didn't have access to financial services and doubled the revenue generated through tourism by making Bitcoin a national tender.
InQubeta has emerged as one of the most profitable cryptocurrencies to buy in 2023 with its presale putting investors in place to 3x their capital and earn exponential profits once the tokens are launched on exchanges.
InQubeta's solution-based approach puts it in a position to help funnel over $1.5 trillion to AI startups that need capital in the next several years.
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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.
