Charles Hoskinson, the co-founder of Cardano, recently hit the headlines after he denied claims about Hydra – a Layer 2 scaling solution rolled out by his team — being unsuccessful. In a video posted on his ‘X’ account, Hoskinson stated that Hydra had made rapid strides over the past three years. He also claimed that judging its performance only through the network’s transactions per second might be misleading.
While analysts have been closely monitoring Cardano’s movements after Hoskinson’s remarks, they have been quite impressed by the potential of two other tokens – InQubeta (QUBE) and Zcash (ZEC).
ZEC is a leading crypto token and has a global user base and InQubeta is among the new altcoins launched this year. The Ethereum-based platform helps startups working in the artificial intelligence (AI) sector connect with genuine investors. InQubeta has also set the market abuzz after its cryptocurrency ico crossed $3.5 million in funding. Analysts feel that it’s a good sign and expect the number to go higher in its upcoming presale stages.
InQubeta: A versatile cryptocurrency for AI startups
InQubeta is a unique platform that allows AI startups to find the right resources to fast-track their growth journeys. While startups get funding and can bring their ideas to life, investors can look forward to exploring promising opportunities on InQubeta before their competitors.
The platform has issued a native cryptocurrency, called the QUBE token, which is used for making all kinds of payments on the network. QUBE is based on the ERC-20 standard and has a versatile model that caters to the needs of different user groups. The QUBE token is available on presale and buyers can benefit from the bonus offers currently available. The current price is $0.0133 and many buyers have collected huge volumes anticipating a quick rise since it has a unique utility and allows every user to become a startup investor.
The QUBE token is being hailed as a top crypto to invest in as it has a deflationary model that can shield users’ assets when the markets are volatile or are reeling under high inflation. With a deflationary cryptocurrency, the token supply will always stay less than the market demand, and if the balance is disturbed the excess tokens are sent to the burn wallet where they are destroyed. By keeping the supply intentionally scarce, the model manages to minimize price fluctuations while keeping the asset value stable.
Apart from the success of its latest ICO, another reason behind the QUBE token’s rising popularity is its dual nature. It can be used both as a utility token and a governance token. Having a decentralized governance structure, InQubeta invites all stakeholders to participate in its operations and decision-making process. Community members can move proposals if they have any suggestions in mind. These proposals are discussed, evaluated to know their impact on the protocol and then put to vote. QUBE token holders get voting rights which can decide a proposal’s fate. Token holders can use their voting privileges to express their opinions about the proposed changes.
Head over to the QUBE presale and get a chance to gain access to this unique platform by buying this new cryptocurrency at low prices. QUBE has multiple utilities and can provide steady and passive income over the long term.
Brave’s crypto wallets now support Zcash
Rated as one of the best altcoins for 2023, Zcash is a privacy-focused cryptocurrency that leverages the zk SNARK technology. The technology enables the network’s nodes to authenticate transactions without revealing any details about them. Its native token ZEC is the primary cryptocurrency of the network.
In a recent development, privacy-centric search engine Brave announced that it would be integrating Zcash in its in-built Web 3.0 wallet. With the move, crypto users will be able to store, send, and receive ZEC tokens seamlessly. Experts predict the ZEC token might register a bullish rally in the near future as many whales are accumulating it in huge volumes.
Conclusion
InQubeta has not only outperformed popular tokens like ZCash and Cardano but has also been preferred over many other new altcoins with its cutting-edge features. The platform has a utility-centric model that makes it a valuable addition to one’s crypto portfolio and also diversifies it. InQubeta’s robust security framework ensures that its users’ assets and privacy are in good hands. Its unique model ensures that even an average crypto user can become a startup investor and secure their financial future.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Michael Förtsch on Unsplash