Polygon, a prominent Ethereum scaling solution, recently introduced its Dragon Fruit update, but the impact on MATIC, Polygon’s native utility token, has been underwhelming. Investors had high expectations for this update, yet MATIC prices have remained relatively stagnant. Meanwhile, alternative blockchain projects like InQubeta are gaining attention.
InQubeta is tackling the inefficiencies and exclusivity of traditional investment avenues by creating a secure and transparent alternative. This initiative aims to democratize investments in artificial intelligence (AI) and foster the growth of the industry while providing investment opportunities for a broader range of users.
Traditional investment options often employ discriminatory practices that limit access to their services, primarily benefiting only the wealthiest individuals. In contrast, InQubeta seeks to make AI investments accessible to a wider audience.
While MATIC prices have not experienced significant growth recently, 2023 has been a notable year for Polygon, as it gains recognition in mainstream circles. TIME Magazine even acknowledged Polygon as one of the 100 most influential companies worldwide. The project’s potential is drawing parallels to Ethereum-based initiatives like InQubeta.
InQubeta’s presence in the AI-focused cryptocurrency realm is strengthening, evidenced by its successful presale, which raised over $2.5 million. Participants in the presale anticipate further gains as the crowdfunding campaign progresses. The native token of InQubeta, QUBE, is expected to gain traction upon listing on crypto exchanges.
QUBE has a capped total supply of 1.5 billion, and a gradual burning mechanism is in place to reduce supply over time. This approach could support price appreciation, as QUBE will be used to purchase equity in vetted AI startups once the project launches. Increased fundraising activity on InQubeta will likely drive demand for QUBE.
Investments in AI have surged from $12 billion to $120 billion between 2015 and 2022, with even greater expectations for the coming years, surpassing $1.5 trillion by 2030. InQubeta’s mission is to connect startups in the AI sector with investors worldwide to capitalize on this burgeoning industry.
InQubeta offers a unique approach to investing, allowing anyone with a crypto wallet to participate in AI startups by acquiring equity-based ERC-20 tokens. These tokens serve as substitutes for traditional stocks and provide investors with opportunities for profit-sharing, similar to dividends from stocks. Transactions on InQubeta are secured and automated through smart contracts and NFTs, ensuring trustless operations.
Additionally, QUBE holders can stake their tokens for regular rewards and participate in governance decisions, enhancing the engagement of the community.
Despite the promising developments in the Polygon ecosystem, including the Dragon Fruit update aimed at improving security and reliability, MATIC prices have remained subdued. The update has failed to generate the expected surge in investor demand, prompting some to explore alternative investment opportunities like InQubeta.