LIVEThe global AI market received a major boost after three premier AI-led cryptocurrencies – Fetch.ai (FET), Singularity.NET (AGIX), and Ocean Protocol (OCEAN) announced a $7.5 billion merger of their platforms. To be called Artificial Superintelligence, the merger opens new avenues for innovators and also catalyzes the way AI models are created and monetized.
Analysts claim that the merger could set the stage for the growth of other popular AI coins like InQubeta (QUBE). The crypto-first platform comes to the rescue of AI startups struggling with fundraising.
The coin has seen massive growth in a short period and is touted to become one of the highest-earning tokens of the year. Its cryptocurrency ICO has raised over $13 million to date.
InQubeta: A crypto coin with an AI advantage
InQubeta has garnered global praise with a unique model where startups can raise funds from crypto users. The platform creates NFTs from investment proposals submitted by startups and then sells them to crypto users.
The buyers can carefully compare projects before making a decision. They can also buy small fractions of different NFTs. All these purchases will be made with InQubeta’s native cryptocurrency, the QUBE token.
The supply of the ERC-20 coin has an upper cap of 1.5 billion. While 65% of the stock will be sold via public sales eventually, the rest will be stored for paying operational expenses, legal fees, distributing rewards, and maintaining on-chain liquidity.
Rated as one of the top cryptos to invest in this year, the QUBE token sports a deflationary model and prevents inflation or market volatility from eating up its returns.
If the markets are trading in the red, the model lowers the token supply. The scarcity supports stable prices by doing away with fluctuations. As the asset’s value rises, it gains an edge over other categories.