While crypto users had been keenly eyeing the launch of Ethereum (ETH) exchange-traded funds (ETFs) throughout 2023, their rollout has been slower than what many analysts expected.
While crypto users might be frustrated by the delayed launch of spot ETFs, a lot of attention has been drawn to InQubeta’s (QUBE)eye-popping presale growth. The decentralized platform helps startups in finding investors for artificial intelligence-based projects.
It joined the league of top crypto coins as its popularity witnessed a huge rise due to its unique use case. Presently, its presale funding stands at over $8 million.
For any startup looking to expand, a consistent flow of finances is necessary to sustain growth. InQubeta removes all hurdles that companies usually face during crowdfunding and helps them speed up AI innovation.
The platform helps young enterprises create impactful solutions without worrying about fund shortages and is set to shape the future of the AI sector.
As all payments are made in terms of InQubeta’s native cryptocurrency, the QUBE token, transactions are processed smoothly. QUBE is built using the ERC-20 standard and has more than one role to play in the platform’s operations.
One of its key roles is in governance. If there is a need to change the InQubeta protocol, it’s done by consulting the entire community. Once a proposed change is pitched, it is discussed internally and then put to a vote. Token holders use their discretion to allow only necessary changes to be made. These changes can also be suggested by community members.
Another notable feature of the QUBE token is its deflationary character. Tokens with such models control the asset’s market supply to shield its returns against inflation. When
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