The future is unknown, but that doesn’t stop us from trying our best to stay prepared. One of the most important reasons why people choose to invest is to be financially secure. To that end, cryptocurrencies are fast emerging as a popular option to achieve that target. Pegged to grow at a CAGR of 11% over the next five years, the global cryptocurrency market has impressed with its record-breaking performance over the past few years. As investors look for a top crypto to invest in, options like InQubeta (QUBE), DigiToads, and Blur have emerged as some of the most preferred cryptocurrencies.
Powered by the Ethereum network, InQubeta is a fundraising platform for startups working in the field of artificial intelligence. The platform brings startups and potential investors together and ensures that both sides get mutually beneficial opportunities. Plus, its security framework is backed by Ethereum’s promise of efficiency. InQubeta’s smart contracts have been audited by some of the leading security firms in the industry.
The following list features two more crypto tokens that, like InQubeta, can take your portfolio to new heights.
1. InQubeta: Kickstarting a startup revolution with blockchain
InQubeta is a one-of-a-kind platform that enables startups to scale for growth without having to worry about raising funds. It gives them a safe space to score funding opportunities from willing investors. On the other hand, investors get to access future-ready projects that haven’t even hit the market yet. The platform has released an ERC-20 coin as its native cryptocurrency called the QUBE token. The QUBE token bankrolls all transactions in the InQubeta ecosystem. The token is available on presale, but it has a 12-week vesting period. So, buyers will be able to access their purchased tokens only after the lock-in period ends.
The QUBE token has recently been in the news for its presale growth. The cryptocurrency ico has sold 71% of the tokens the InQubeta team had set aside for the presale process and raised more than $1.4 million so far.
The QUBE token is a deflationary token and its supply is always controlled in a way that reduces the number of tokens in circulation. The scarce supply not only minimizes fluctuations in price but also keeps the token value stable. To prevent the supply from shooting past the demand, a buy and sell tax sends tokens to a ‘burn wallet’ where they are destroyed.
InQubeta’s tax policy is one of the ways in which the deflationary mechanism demonstrates its impact on the token price. Every time a QUBE token is bought or sold, a certain tax is levied. For instance, when you buy a QUBE token, you will have to pay a 5% tax. While the lion’s share of the tokens collected as tax proceeds are used for important use cases like funding marketing campaigns and maintaining the staking and rewards pools, 1% of the tokens are burned.
Similarly, when a QUBE token is sold, its owners have to pay a 10% tax. Here too, 1% of the tokens collected as tax proceeds are burned to keep the token value stable.
With InQubeta, crypto users can also earn passive income by staking their QUBE tokens. Staking these tokens makes community members eligible for several benefits. When token holders stake their tokens, they contribute to the platform’s growth and boost its performance. At the same time, as more tokens are staked, the number of coins in circulation also reduces. In tandem with InQubeta’s deflationary model, the limited supply pushes the value of the token.
The QUBE token also acts as a governance token for the platform. The token holders get exclusive voting rights which they use while voting for proposals seeking important changes in the InQubeta protocol. These proposals suggest important changes related to operational issues like new product launches and token generation.
If you own a startup in need of funds and want to explore opportunities on InQubeta, the first thing you would have to do is create an NFT that represents the exchange offer. In other words, the NFT would represent what startups would like to offer their investors in exchange for funding. These NFTs would be uploaded on InQubeta’s NFT marketplace where investors would be able to evaluate them. If they agree with the terms laid down by a startup, they can pay for the NFT using the QUBE tokens. Investors also get the option of buying these NFTs in fractions and investing in startups even when they are on a budget.
Head over to the presale site and get a chance to learn more about this upcoming cryptocurrency that could potentially help you to diversify your portfolio and also generate long term gains.
2. DigiToads: Winning the crypto race with hybrid DeFi
DigiToads is a state-of-art cryptocurrency that captures the essence of hybrid DeFi to drive a wave of financial inclusion. The cryptocurrency has been designed by merging features of three tokens, so there are multiple opportunities available to users to earn passive income. There are options for staking, trading tokens, playing Web 3.0 games, participating in competitions, and winning prize draws. The TOADS token is the main cryptocurrency of the DigiToads ecosystem.
The DigiToads project has been able to steal a march over several new altcoins because of its play-to-earn game, which can be described as every gaming enthusiast’s dream come true. The game combines catchy graphics, an exciting storyline, and gameplay that offers an exciting gaming experience.
The game is set in a Metaverse swamp that is designed like an arena and pits players against each other. These players try to outperform each other in pursuit of high scores. When the month-long season concludes, the players scoring the highest number of points are rewarded with TOADS tokens. The game features several in-game assets which can improve a player’s chances of winning and can be bought with TOADS tokens.
Then there are trading competitions that are organized every month. These trading competitions test the skills of DigiToads community members. The player who manages to achieve the highest trade volume in a month is declared the winner. Apart from a share in the profits for the month, the winners also get a chance to learn about treasury management from the DigiToads team. The winners undergo a brief training period and are provided with remote access to the DigiToads treasury. After they hone their skills, the participants would help out the team with the task.
Over the next few months, the DigiToads team will be bringing out the official merchandise range for the platform’s fans. The merchandise range will help in spreading awareness about the platform. The tokens collected from the sale of the merchandise would be donated to organizations that are working to preserve the rainforests.
3. Blur: An NFT trading platform with cutting-edge features
Blur is a leading NFT store and aggregator platform where users can access a wide array of NFTs along with advanced features that can help with portfolio management. The platform has a native token known as BLUR which is used for all transactional use cases. Users can look forward to gaining real-time price feeds and multi-marketplace comparisons between NFTs. The platform is powered by the Ethereum network and it offers high-speed NFT sweeps and a user-friendly interface.
Given the rising interest from professional NFT traders in the platform, Blur has emerged as one of the top crypto coins of 2023.
Blur has been designed in a way that it solves challenges that have till now not been addressed by other NFT platforms, especially issues like royalties for NFT creators. The platform supports creators by rewarding those who pay royalties with extra BLUR tokens. These rewards not only act as an incentive but also ensure fair distribution between traders and creators. While professional traders have been among Blur’s most loyal fans, even amateur traders get ample opportunities on the platform to excel.
What makes the BLUR token a good crypto to buy is that it doesn’t charge a trading fee for any NFT sales. Traders can track the digital assets they own and their performance through the portfolio tab of the platform. They can also get insights into the rarity of their NFTs, their value, and the profit market, among other details.
Another unique factor about Blur is its features also support a seamless trading experience by helping traders optimize their profits. This is made possible with the fast NFT sweep, swipe function and sorting function based on price. Being an aggregator, Blur can connect to OpenSea, LooksRare, and X2YY2.
A notable fact about Blur is that it leverages the proof-of-stake consensus algorithm for securing its network. The protocol uses a network of validators to confirm transactions while validators stake ETH to participate in the consensus mechanism.
Conclusion
Be it InQubeta, DigiToads, or Blur, the above-mentioned coins are dependable tokens that can do a great job of supercharging your portfolio. Given their diverse features, robust security frameworks, and utility-dense models, they are great for diversifying your portfolio. However, have you ever wondered about which crypto to buy today for the long term? If you are after long-term gains, analysts are likely to recommend InQubeta as it has a higher growth potential than the other two.
According to analysts, InQubeta has an industry-based use case that offers authentic and never-seen-before opportunities to both startups as well as potential investors. Its model has been designed to spawn an industry-wide change for startups. At the same time, its community-centric focus and decentralized governance structure involve community members in its operations and growth while incentivizing their efforts. Take the example of the voting rights that all QUBE token holders get. They can use these voting rights to vote for proposals moved by other community members seeking changes in the protocol.
Crypto users should always research a token or consult an expert before buying. By doing some research, users will be able to identify potential risks associated with a crypto project and make well-informed decisions.
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