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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
The United Arab Emirates (UAE) is steadily establishing itself as the world's largest Bitcoin (BTC) mining location. The UAE's partnership with major mining firms and the digital assets of Abu Dhabi's sovereign wealth fund have made it an emerging crypto-mining hub. Its partnership with different Bitcoin mining companies has further contributed to its appeal for Bitcoin mining. Furthermore, the UAE has 400 megawatts of Bitcoin mining capacity, which has been predicted to surpass 600 megawatts by the end of the year. Additionally, its abundance of energy resources makes it a suitable environment for Bitcoin mining.
Meanwhile, the world is also looking at Artificial Intelligence (AI), a disruptive technology, and InQubeta, the blockchain-based investment and fundraising platform for AI startups.
In this post, we will look into InQubeta and the specifics of its ecosystem and utility coin.
The United Arab Emirates' (UAE) ambition to become a leading Bitcoin mining hub has not taken the spotlight away from artificial intelligence (AI) or InQubeta. AI is still a revolutionary technology, and InQubeta is benefiting from its soaring popularity and adoption as it offers an innovative solution to the sector.
The surging popularity of AI means InQubeta hasn't been left out of the spotlight thanks to its unique fundamentals. InQubeta aims to become the first platform where AI startups can raise funds for their projects. Similarly, it also intends to become an investment platform that will allow AI enthusiasts to invest early in promising AI projects.
InQubeta's unique idea has been met with great enthusiasm, which has contributed to its overwhelming presale. As of press time, InQubeta has passed $1.4 million in presale, which is an incredible feat and a testament to its strong community.
It is the world's first AI crowdfunding platform, where AI startups will be able to raise funds through its NFT marketplace. They will achieve this by minting or tokenizing stakes in their startups and listing them as NFTs on the marketplace. Investors can then purchase these fractionalized NFTs and own stakes in promising AI businesses and projects. There will be no limits on AI investments, as investors will be able to invest any amount, which makes it more appealing and adoptable.
InQubeta's low supply of 1.5 billion and its deflationary nature further increased its popularity within the crypto landscape. As a deflationary token, 2% of all token sales and 1% of purchases will be removed from circulation and burned.
The presale is currently in its second stage, with a price of $0.0098 per token. Analysts predict that the price will increase by 10 times before the end of the year. To participate in the presale, click on the link below and visit the website.
Bitcoin is a decentralized cryptocurrency that leverages the proof-of-work consensus mechanism. This means that miners compete to append blocks and mine new Bitcoin. Bitcoin mining has become a popular practice in the crypto landscape as miners aim to get their hands on the scarce and valuable cryptocurrency.
As the leading cryptocurrency and most valuable, Bitcoin mining has become a lucrative practice, with many individuals and companies now mining the cryptocurrency. Although Bitcoin mining is global, the UAE is fast becoming a Bitcoin-mining hub as it creates a suitable environment for the practice.
This year has been an interesting one for both blockchain and AI technologies, which continue to soar in adoption and popularity. On the one hand, the UAE is gearing up to become a leading Bitcoin mining hub. On the other hand, AI and InQubeta have been soaring in popularity. To participate in the InQubeta token presale, check below and click on the website.
