
InQubeta (QUBE), Bittensor (TAO), Singularity.NET (AGIX), and Fetch.ai (FET) are four AI-related altcoins that cryptocurrency investors looking to make significant profits – potentially in the millions – should consider investing in.
Artificial intelligence (AI) is set to be the next significant technological breakthrough and these cryptocurrencies are poised to grow as investments in the industry grow. Investments in AI-related companies were only $12.75 billion in 2015, compared to $119 billion in 2022. This number is expected to continue rising in the next several years with the number projected to reach $1,591 billion by 2030.
The days of AI being nothing more than a fascinating sci-fi concept are quickly coming to an end. Things most people never expected to become a reality like vehicles with self-driving capabilities are now being mass-produced. Assistants are already being replaced with AI-powered software like ChatGPT that can perform various tasks and even write programs. AI will undoubtedly disrupt many industries and numerous billion and trillion-dollar companies will be built off it.
The massive increase in investments in the AI industry has primarily taken place via traditional investment channels that are known for entry barriers like minimum despots that are higher than the average person's yearly paycheck.
InQubeta's platform aims to address this problem by making it easier for investors to purchase equity in artificial intelligence startups without having to deal with the entry barriers associated with traditional investment mediums.
Startups can raise funds for projects by creating ERC-20 non-fungible tokens that represent equity and other rewards in their companies. These NFTs are fractionalized, allowing investors to purchase as little or as much as they want. Investors get equity in companies that could be worth billions someday, while startups get the capital they need to push their projects forward.
These NFTS are listed on the InQubeta (QUBE) marketplace where investors can view and read about the different companies offering their tokens. Investors get to choose which companies they want to invest in and have no obligations to companies they don't think have potential. Purchases are made with $QUBE tokens, the ecosystem's native cryptocurrency.
These $QUBE tokens are deflationary to help push price growth. A 2% tax is tacked on all marketplace transactions and sent to burn wallets to be destroyed. This reduces the supply of tokens, promoting growth.
Purchasing NFTs on InQubeta's marketplace isn't the only way for investors to make profits. $QUBE holders can earn more tokens by staking their tokens to help manage, secure, and operate the blockchain. A 5% tax is placed on all $QUBE sell transactions to fund a reward pool for stakers. $QUBE tokens also provide access to the platform's governance.
Bittensor is an open-source protocol that runs a decentralized machine-learning platform that's built on blockchain technology. It allows machine learning models to work together and earn rewards based on the value they offer the collective. It provides a market for artificial intelligence that rewards producers while providing smooth transactions for users. It's been gaining lots of attention from investors in recent months.
SingularityNET is a global blockchain-based platform that allows anyone to create, share, and monetize artificial intelligence services. Users can browse, test, and buy various AI services on the platform, using its native currency, AGIX. It is another favorite of crypto investors looking to help push the development of AI.
Fetch.ai is a decentralized machine learning network that provides access to secure datasets through AI. It helps to optimize complex digital systems that rely on massive datasets. Its native currency FET is used to secure and operate the blockchain. FET has enjoyed significant growth since the 2022 crash and prices keep trending upward.
InQubeta and other AI-linked cryptocurrencies are turning out to be huge favorites of savvy cryptocurrency investors in 2023. With total investments in the AI sector projected to reach $1.5 billion in 2030 from $119 billion in 2022, these cryptocurrencies will mint some millionaires – and even billionaires – in the future.
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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.