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Artificial intelligence (AI) is among the pioneering technologies of the 21st century that has found wide-ranging applications across industries. With a booming global market, AI has the ball rolling for a revolution. The AI market is expected to grow at a CAGR of 36% by 2025 and will add $15.7 trillion to the global GDP by 2030.
The next-generation technology has also triggered the rollout of a flurry of new altcoins that are combining AI with DeFi protocols. Take the example of InQubeta (QUBE), which is an Ethereum-powered platform where startups working with AI can raise funds for their projects. Despite the popularity of startups and their innovations, these budding companies often find it hard to score ample fundraising opportunities. InQubeta aims to help them bring their ideas to life by offering authentic investment opportunities.
As a crypto project too, InQubeta gets full marks for its utility-centric features and user-friendly interface. With a lucrative rewards system and a cutting-edge economic framework, it has the potential to smash many crypto records. The following list features two other cryptocurrencies which, like InQubeta, have the capacity to fetch you higher gains.
1. InQubeta: Helping startups scale for growth
InQubeta is a next-generation platform that brings together AI startups looking for funding and potential investors on a common platform. The decentralized platform addresses a structural challenge that can stem the growth of the startup sector. As far as investors go, they end up exploring future-ready projects that leverage the potential of AI.
By getting access to these projects even before they hit the market, investors can also benefit from the ‘early-bird’ advantage. InQubeta offers the promise of only genuine opportunities and its security framework has been audited by leading firms like Hacken and BlockAudit.
It has a native cryptocurrency called the QUBE token and is modeled on the ERC-20 standard of the Ethereum network. It can be easily bought on presale. The cryptocurrency ico is in its second stage and has seven more stages still left. With over 67% of the tokens sold, InQubeta has so far attracted over $1.3 million in presale funding. One thing that you should keep in mind is that the QUBE tokens you purchase will be vested for 12 weeks and will be released only after the lock-in period ends.
The QUBE token has a deflationary character which means that your returns will be safe from market volatility and price fluctuations. In a deflationary coin, the token supply is always controlled in a way that stays below the demand. A scarce supply always commands an optimal price for the token and curbs frequent changes in price. Any extra tokens in circulation are destroyed by sending them to the burn wallet.
An example of how the deflationary mechanism works, is how the taxes are levied by the InQubeta team. Whenever a community member buys or sells a QUEB token they have to pay a small tax. While the lion’s share of the tokens collected as tax proceeds are used for maintaining the staking and rewards pool and for managing marketing activities, a small share of tokens is always sent to the burn wallet.
The QUBE token forms an important part of InQubeta’s decentralized governance system. Under this model of governance, community members are given the leeway to suggest changes and make suggestions for running the platform. All token holders get voting rights which they use for voting for a proposal that has been pitched by a fellow community member. These proposals seek to implement changes that can boost the InQubeta ecosystem’s scope. These proposed changes can range from additions to protocols, token generation, or even product launches.
Any startup which starts to explore funding opportunities on InQuebta would start by creating an NFT that represents what they would like to offer an investor in exchange for the finances. The NFTs might represent a reward or a certain number of the startup’s shares. Investors can evaluate these NFTs on InQubeta’s NFT marketplace. If they agree with the offer, they can pay for the NFT with QUBE tokens. What’s more, these NFTs can also be fractionalized. Hence, even investors on a budget can invest in startups with InQubeta.
InQubeta’s staking mechanism is one of the best features of the platform. By staking their QUBE tokens, community members would be supporting the growth of the decentralized network. In exchange for their efforts, the token holders would receive crypto tokens as rewards.
2. DigiToads: The multi-dimensional side of DeFi
What makes DigiToads among the top crypto coins of 2023 is the multitude of opportunities that users can explore for earning passive income. Built using hybrid DeFi, the DigiToads model enables its users to stake NFTs, trade tokens, enter trading competitions, win tokens in play-to-earn games and enter daily prize draws on a single platform.
To explore all these opportunities, the only thing that one needs is DigiToads’ native cryptocurrency TOADS. The TOADS token is also an ERC-20 coin and its stock has been capped at 585 million.
DigiToads’ play-to-earn game is an exciting addition to the world of decentralized gaming. It has exhilarating gameplay, a thrilling storyline, and eye-catching graphics. There are 12 seasons in a year and in each season the Top 25% of the scorers are rewarded with TOADS tokens.
The players try to score high by defeating their opponents in a Metaverse swamp. If they feel they can use some help, the players can buy or trade special digital creatures called DigiToads. These creatures have special traits and massive strength which makes them useful allies in a game.
To further strengthen their DigiToads, players can purchase training equipment, potions, and food for them with TOADS tokens. Another feature that draws a lot of users to DigiToads is its trading competition. These competitions test the trading skills of community members and offer them a chance to learn about treasury management with the DigiToads team. The participant who clocks the highest trading profit in a month wins the competition.
The DigiToads team is also working on plans to roll out an official merchandise range for TOADS token fans. The amount collected through the sale of these items will be donated to support projects aimed at conserving the environment.
3. Render: The best decentralized GPU rendering solutions
Developed in 2016, Render is the brainchild of OTOY CEO Jules Urbach and over the years it has carved a niche for itself by offering state-of-the-art decentralized rendering solutions that leverage GPU technology. It is a top crypto to invest in and has revolutionized the process of digital content creation. What many experts like about Render is the way it helps them overcome hardware limitations to master digital creation. With Render, GPU rendering is just a few clicks away. Plus, users can access it at a fraction of the fees that they would have to pay at an alternative platform while operating at the speed of in-house rendering.
The platform has rolled out a native token that’s called the RNDR token and it’s the medium of exchange on the network. With the token, users can easily explore rendering and stream virtual works without any hassles. The platform paves the way for GPU-based render jobs to be distributed and processed across a peer-to-peer network. The distribution makes the entire process of rendering and processing 3D objects, environments, and models more seamless.
What makes Render a good crypto to buy is how it bridges the gap between those with idle GPUs and professionals looking for rendering services. The GPU owners can connect their GPUs to the Render platform and receive finished rendering jobs with the help of the OctaneRendr. The GPU owner can then pay for the services of a professional in terms of the RNDR token. OTOY would be charged a small fee in terms of RNDR for facilitating the transaction and operating the network.
After a GPU owner registers their processor on the Render Network, they can function as ‘node operators’ and earn RNDR tokens as a reward for their efforts. To earn these rewards, they will have to accept tasks from users or ‘creators’ who need work to be rendered. Creators will send their files to the platform where they are assigned to a node operator. Render charges a small fee in terms of RNDR tokens for facilitating the transaction.
The Render Network is also unique because of its network scalability. It can be difficult to scale GPU rendering power with traditional rendering technology. There are limitations on local rendering jobs, and those that are performed on a network or in the cloud.
Conclusion
DigiToads, InQubeta, and the Render Network are dependable projects that come in handy any time you want to jazz up your crypto portfolio. These crypto projects have utility-dense models and their features can cater to the needs of diverse audience groups. However, if you are confused about which crypto to buy today for the long term, analysts have a favorite picked out – InQubeta.
The Ethereum-based platform has received great reviews from analysts mainly because of its industry-linked use case that’s giving startups a dynamic opportunity to rise and achieve their goals. It also paves the way for a leading technology like artificial intelligence to make inroads into the DeFi ecosystem.
Another reason why many analysts feel that the QUBE token has higher growth potential is because of its versatility. With options like staking, investors can easily boost their passive earnings. Also, as the platform has a decentralized governance structure, all QUBE token holders are encouraged to participate in the operation of the platform and contribute with their suggestions. The community-centric focus motivates token holders to act in the interest of the platform at all times.
Crypto users are always advised to research a token before buying it as the crypto market may undergo changes due to global economic factors. By researching a token and exploring its features, crypto users will be able to identify potential risks and make well-informed decisions.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
