Trader Forecasts 141% Upside for Ethereum; Investors See Long-Term Potential in InQubeta
Ethereum (ETH) co-founder Vitalik Buterin ended 2023 on a thoughtful note after he shared his vision for the network. Acknowledging how certain challenges were limiting Etherum’s growth, he proposed an upgrade that could eliminate design weaknesses, lower gas fees, and make staking more profitable for node validators.
The announcement boosted Ethereum’s performance, and some traders have predicted that ETH could even rise by 141% in the coming months.
InQubeta (QUBE) is another token that finished 2023 with a record presale. InQubeta is a platform where startups can find investors to back their artificial intelligence-based projects. It sports cutting-edge features and a security framework that complies with international standards.
Shortly after its launch, it made its way to analysts’ best cryptocurrency ICO lists with its presale growth. Its ICO has so far raised $7.9 million.
InQubeta: Empowering an ecosystem of AI startups
InQubeta enables people to safely invest in startups and shape the future of AI innovation. It has a simple investment model that takes care of all stakeholders’ requirements.
Using Ethereum’s smart contracts, InQubeta provides a transparent NFT marketplace that allows fractional investment. By purchasing a fraction of the NFT, a user can invest in a part of a startup’s project. All transactions, including the sale of NFTs and deduction of taxes, are conducted in terms of InQubeta’s native cryptocurrency, the QUBE token.
The total supply of QUBE is fixed at 1.5 billion, and the QUBE token is built on the ERC-20 standard.
More than half of the supply has been allocated for public sale, while the rest goes towards operations. The remaining stock of tokens is used for paying legal advisors, and developers, funding marketing campaigns, injecting liquidity into the network, and paying staking rewards.
The QUBE token has a deflationary character that’s handy for countering the impact of inflation. The model reduces supply whenever inflation is high. As demand exceeds the supply, the price remains stable. If the supply surges when markets are volatile, the supply is pruned by destroying excess tokens in circulation.
InQubeta leverages a decentralized governance structure for decision-making. The model favors a community-driven approach where all stakeholders participate in decisions. If anyone has a suggestion on how to improve the InQubeta protocol, they can run it by the community. The suggestions are discussed and then put to a vote.
As token holders have voting rights, they participate in the process to decide if the suggestions should be implemented.
Startups and investors can communicate through InQubeta’s NFT portal. The marketplace facilitates fractional investment in startup projects. The NFTs are based on the offers created by companies for investors. They stand for the rewards that an investor can gain by backing a startup’s project.
Funding aside, these startups can bank on InQubeta to guide them in areas like business development, legal support, and mentorship. InQubeta ropes in experts in various fields to assist startups in expanding operations.
Innovators can connect AI experts and investors to gain insights about the sector. They could seek legal and accounting support to avoid financial challenges during their growth journeys.
The team has mapped several initiatives for 2024 to ramp up the platform. These include rolling out a staking dApp, getting the QUBE token listed on exchanges, and adding multi-chain capabilities to the network.
According to analysts, InQubeta is among the altcoins to watch out for, and its presale success is just a peek into its future potential.
Vitalik Buterin proposes new Ethereum vision to tackle design weakness
Ethereum is a full-scale ecosystem that can be leveraged for deploying dApps, crypto tokens, NFTs, blockchains, and other decentralized infrastructure. Due to Ethereum’s versatility and flexibility, it can be used in combination with other leading technologies like zero-knowledge solutions.
Its native token, ETH, is used for all transactions on the network. These transactions are confirmed through the proof-of-stake consensus protocol.
Ethereum is among the best cryptocurrencies to buy in 2024 as it can open multiple new avenues for developers. Its co-founder Vitalik Buterin is known for his keen insight into the blockchain industry. He recently hinted at a new vision for Ethereum, which fixes its design weaknesses.
Traders have forecasted a record 141% upside for ETH as it has come up with many new interesting updates and remains one of the most popular cryptocurrencies preferred by many users across the world.
Conclusion
Analysts often recommend Ethereum and InQubeta, as these tokens can end all your concerns about deciding what cryptos to buy now. These two tokens can be added to diversify portfolios and potentially register huge gains in the long term.
Ethereum is a developer-friendly blockchain technology, and InQubeta is a user-friendly platform for AI startups. Together they prove that cryptocurrencies are not a convoluted affair. Instead, they are quite straightforward assets that promote financial independence.
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.
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.
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