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Polkadot and Stacks hit all-time highs, while InQubeta (QUBE), an ethereum-based altcoin for crowdfunding ai projects, raises over $11.5 million in its ICO.
For many analysts, the cryptocurrency market is going through a golden phase in which innovators are working to blur the lines between DeFi and conventional finance. The recent launch of cryptocurrency exchange-traded funds (ETFs) in the US was a step in the right direction, helping the market attract more people into its sphere.
These financial products, which saw investor inflows worth billions of dollars in just three months after their launch, have catalyzed the market. Now, analysts are eagerly searching for the next cryptocurrency that can meet the ETF's acceptance criteria.
Another benefit of ETFs debuting in the United States is their overall impact on the market. Several cryptocurrencies have seen a rally in their process: coins like Polkadot (DOT) and Stacks (STX), which have reached all-time highs.
InQubeta: Expanding the chances of success for ai startups
ai?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=170″ target=”_blank” rel=”noopener”>InQubeta has created an unexplored category for startups: cryptocurrency-based fundraising. Using the basics of blockchain and DeFi, the platform helps startups build a solid foundation for success.
The InQubeta ecosystem has launched a native cryptocurrency known as QUBE token that serves as a medium of exchange on the network. This means that all payments are simplified because the same digital currency is used for them.
The token is based on the ERC-20 model and can be a sustainable option for those looking for bankable portfolio expansions.
The total stock of QUBE tokens has an upper limit of 1.5 billion. It has been decided that tokenomics will promote maximum growth of the platform. While 65% of the supply will eventually be sold on the market, the rest will go towards sustaining the platform and expanding its reach.
As a form of payment for InQubeta, the QUBE token is used to invest in artificial intelligence projects created by startups that must go through a strict selection process before joining.
To inform investors about their projects, startups present investment proposals for their projects. These proposals are minted as NFTs to make them more accessible to cryptocurrency users around the world.
Through InQubeta's nft portal, people can evaluate different projects and then purchase the corresponding nft. As these tokenized assets can be fractionated, cryptocurrency users have the advantage of dividing their corpus between projects.
Astra uses Polkadot CDK to power its zkEVM
Polkadot is an interoperable ecosystem of sovereign blockchains that help transfer data and assets. These sovereign systems, called parachains, give developers the freedom to customize their solutions.
It has become one of the best cryptocurrency investments today as it can support many use cases.
Its native DOT token is used for all transactions within the Polkadot network.
The platform added another achievement to its name after Astra Network deployed its zkEVM on March 6, 2024 on the mainnet leveraging the Polygon Chain Development Kit (CDK).
The CDK is an open source tool for creating Layer 2 systems powered by zero-knowledge technology.
Accumulates to incorporate DeSpread as a signatory
One of the top cryptocurrencies of 2024, Stacks is a layer 2 bitcoin solution with a native token called STX. It facilitates the implementation of dApps and smart contracts that leverage bitcoin as a base layer.
Stacks help developers realize the potential of cryptocurrency without modifying the structure of bitcoin.
In a recent development, web 3.0 strategy consultancy DeSpread announced that it would be joining Stacks to promote blockchain innovation.
As part of the project, DeSpread would be integrated within the Stacks network as a signatory to support the expansion of the bitcoin ecosystem.
ai?utm_source=PR&utm_medium=organic&utm_campaign=crn&utm_content=170″ target=”_blank” rel=”noopener”>Visit the InQubeta pre-sale
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