While projects like Decentraland (MANA) and Sandbox (SAND) keep seeing declining prices, the InQubeta (QUBE) presale continues to bring in mainstream and cryptocurrency investors. All three platforms base their services on non-fungible tokens. However, Decentraland and Sandbox use NFTs to create a virtual world where users can engage in all sorts of activities, while InQubeta’s platform uses the power of NFTs to create more accessible investment opportunities while pushing innovation in the artificial intelligence (AI) industry.
Platforms connected to the AI space have enjoyed a substantial increase in investments in recent years, with funds thrown at artificial intelligence firms increasing from $13 billion in 2015 to $119 billion in 2022. This trend is projected to continue and investments in AI should surpass $1.5 trillion by 2030.
AI-driven cryptocurrencies like InQubeta and mainstream corporations that produce goods used by the artificial intelligence industry are already enjoying an influx of investment capital. InQubeta recently achieved a trillion-dollar market capitalization after announcing an increase in demand for chips that power AI software.
InQubeta set to dominate NFT space
Very few cryptocurrency projects capitalize on the power of non-fungible tokens like InQubeta’s platform does. Startups on its platform use NFTs to represent equity in their companies. Some of the NFTs listed on InQubeta’s marketplace come with extra incentives like a piece of the company’s profits or discounts on whatever they develop.
Startups that need capital make these NFTs on InQubeta’s Ethereum-based blockchain and they work a lot like stocks. Each NFT represents a share of equity in the company, making investors part owners while companies get the funds they need. The process is powered by blockchain technology and smart contracts, ensuring each party gets what’s promised to them.
InQubeta making it easier to secure equity in companies that might end up revolutionizing the world sends more money into the AI sector helping to push its growth. AI has the potential to be the most transformative technological breakthrough in human history and those who back the right companies will earn exponential returns on their investment.
That has been the case for those who picked the right companies during any technological revolution. People who saw the potential of companies like Amazon in the late 90s and invested appropriately have enjoyed substantial returns on their investments. $30,000 invested in Amazon in 1997 would be worth over seven million dollars today.
People who bet on the right AI startups that end up transforming industries can expect similar returns, at the very least. Thanks to InQubeta, investing in artificial intelligence is now more accessible than it’s ever been. It’s a win-win for the AI industry and those who want to invest in it.
Sandbox (SAND) still has a long way to go
Sandbox provides a blockchain-based virtual world where users create, purchase, and sell digital assets. It merges the power of NFTs with the flexibility of decentralized autonomous organizations (DAO). The platform has allowed for the creation of a decentralized gaming community.
Sandbox aims to make blockchain technology a part of mainstream gaming by encouraging the use of play-to-earn models. Sandbox provides value to the gaming industry, but the niche hasn’t been impactful enough to bring it out of its current slump.
Decentraland’s (MANA) struggles aren’t over
Decentraland also provides a virtual reality platform, where users buy plots of land they can build on and monetize. Users can create all sorts of experiences on their land from 3D scenes to interactive games. The platform uses two native currencies, MANA, and LAND.
It’s an Ethereum-based blockchain like InQubeta and Sandbox, but it hasn’t been able to create enough value to keep investment funds coming.
Summary
InQubeta continues to generate buzz in the crypto space while other NFT-based projects like Decentraland and Sandbox struggle. InQubeta simultaneously pushing growth in the AI sector while making investments more accessible is bringing in mainstream and cryptocurrency investors alike, making it the top altcoin to buy in 2023.
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