Can Bitcoin’s Uptrend Continue? InQubeta Presale Excites Investors with Over $7.3M Raised
In Brief
The optimism around Bitcoin’s future could only be matched by the excitement following InQubeta’s (QUBE) presale success.
Bitcoin (BTC) has had a stellar year which saw its price cross $43k. For many experts, this is just the tip of the iceberg, as they believe it can surge higher. Bitcoin has transformed from a simple payment cryptocurrency into an attractive investment instrument that is preferred by many across the world.
The optimism around Bitcoin’s future could only be matched by the excitement following InQubeta’s (QUBE) presale success. The crowdfunding platform garnered global attention as its presale funding crossed $7.3 million.
InQubeta decentralizes the fundraising process for AI startups with DeFi. It’s powered by Ethereum and has an efficient mechanism for finding the right investor for a startup.
Dubbed one of the best crypto investments, InQubeta’s security framework and decentralized governance model are other USPs that have impressed users.
InQubeta: A startup-friendly crowdfunding solution
InQubeta is a decentralized portal that caters to startups’ funding requirements. Its model streamlines the process through an NFT marketplace where there’s no need for paperwork or formalities. A company requiring funds for an AI project can connect with investors by submitting an offer.
The offers of startups are minted as NFTs and sold at the online portal. These assets can be compared and fractionalized into smaller parts. The convenience adds to the accessibility of the platform.
The platform’s native cryptocurrency, the QUBE token, is used for making all payments. The token is a good crypto to buy, given how it can open multiple doors within the InQubeta network. One can stake it to earn passive income, participate in decision-making, and diversify a portfolio.
InQubeta’s native token works on a deflationary model, which can future-proof returns. It shields token returns against inflation and volatile markets by restricting the supply. As the tokens are always scarce in number, there are limited price fluctuations.
If the supply rises beyond a predetermined level, excess tokens are destroyed. The model functions in a way that drives the token value even under inflationary pressures.
For deciding on what changes should be made to the protocol, the entire InQubeta community is consulted. Any proposal for a change is first debated and then put to a vote.
In the voting process, token holders use their voting rights to determine if the proposed changes should be examined further. The decentralized decision-making makes token holders more accountable to the platform and its growth.
Once a suggested change is pitched, the approval process starts with a discussion of its merits. In the next step, the proposal is put to a vote. Token holders can use their voting rights to sift through proposals and ensure that only the good ones are implemented.
If you are searching for the best altcoins to buy now, head over to the QUBE presale and get a chance to accumulate this upcoming new cryptocurrency at attractive rates.
BlackRock tweaks its Bitcoin ETF proposal
Bitcoin is regularly featured among the top crypto coins and has maintained its momentum despite being one of the oldest tokens. Its key draw is that it was among the earliest cryptocurrencies to debut in the market.
The BTC cryptocurrency facilitates easy and quick international payments. There are security features like cryptographic signatures to prevent unauthorized access to the tokens. Its proof-of-work consensus algorithm eliminates the risk of losing transactions.
One of the reasons why Bitcoin has been in the news recently is because of the surge in interest in Bitcoin-based Exchange-Traded Funds (ETFs). Amid speculation of approval for its Bitcoin spot ETF in the US, asset management company BlackRock recently updated its proposal.
BlackRock is among the multiple applications that have filed applications with the US Securities and Exchange Commission to launch a crypto-based ETF.
In its revised proposal, BlackRock has included a mechanism for cash creation and redemption. It’s a model which has been favored by the SEC in the past. The company had earlier floated a proposal with an in-kind redemption model.
Conclusion
Bitcoin and InQubeta have a global fan following. These two cryptocurrencies create a safe space for crypto users and help them leverage blockchain solutions securely.
These two cryptocurrencies can help to diversify your crypto portfolio for the long term. Accumulating presale tokens can help to earn potentially king-sized gains in the long term. Cryptocurrency buyers must research a project carefully before investing substantial sums of money.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
