There is no limit to the innovation the cryptocurrency industry brings to the world. It has redefined people’s perception of the value of money, transactions, and investments. The market is currently swamped with projects either capitalizing on the idea of the existing blockchain technology or designing new ones to tackle the scalability problems of the older networks.
Amid this fierce competition, InQubeta (QUBE) has taken the lead with its first-ever cryptocurrency fundraising platform designed especially for AI-driven startups. Built on the Ethereum network, this new altcoin has gained remarkable success in its presales amassing over $2.4 million. The project is in its third presale stage and has already secured the position of the top ICO this year after receiving immense support from investors and crypto enthusiasts. Let’s delve into 5 such cryptocurrency projects that could potentially yield substantially high returns in the near future.
1. InQubeta: Investment-Worthy AI-Driven Cryptocurrency Project of the Year
InQubeta’s newly launched cryptocurrency project has been at the forefront of merging the work of blockchain technology and artificial intelligence (AI). As the world’s first cryptocurrency crowdfunding platform, the team is set on a journey to redefine the traditional investment process by allowing fractional investment in AI-driven startups. The founders have acknowledged the potential of AI startups to bring groundbreaking innovations ranging from machine learning to robotics into the world. However, a major roadblock to such technological advancement is the investment required to propel their growth, especially when they lack the contacts and resources linking them to traditional Silicon Valley investors.
The team at InQubeta aims to bridge the gap between the start-ups seeking funds and investors by building a marketplace that is more accessible and democratic. The platform is fueled by its native cryptocurrency, QUBE. QUBE is an ERC20 deflationary asset that acts as a means to partake in the fractional investment of startups. Its holders can also benefit from trading and staking to draw continuous benefits from the reward pool which is funded by the 5% buy and sell tax of every QUBE transaction.
As the InQubeta ecosystem is community-centric, the QUBE token holders have the right to the governance of InQubeta’s protocol. Other than the strategically designed incentive structure, the company plans to enhance the value of its token with a burn mechanism. 2% proceeds from every transaction within the network are allocated to the burn wallet from which the tokens cannot be retrieved, reducing its supply over time.
How does InQubeta’s NFT marketplace work? The platform is curated to provide a mutually beneficial environment to both the investors and the startups. The startups can list their NFTs in the marketplace coupling them with lucrative offers to attract potential investors. Investors on the other hand have the liberty to browse through the platform and purchase the NFTs of their choice based on the potential the particular project has on the market using the QUBE tokens.
Once the purchase has been made, the corresponding startup gets the funds required to drive its growth. In return, the investors get exclusive access to their products and services, the right to participate in profit sharing, equity of the startup, and other benefits attached to the investment.
This new altcoin has garnered immense support owing to its novel idea and the potential to generate high investment returns. Analysts and security firms conducting audits on its smart contract believe QUBE is one of the top cryptocurrencies to invest in this year. Join the investor-focused journey of InQubeta by participating in their presale.
2. Cardano’s Unshakable Position as One of the Top Cryptocurrency Coins
Cardano is a decentralized third-generation blockchain platform. As a direct competitor to the Ethereum network, Cardano focuses on scalability, transparency, and sustainability at its core. The distinctive feature of Cardano is that it enables the decentralized applications (dApps) to run autonomously using their smart contract without the involvement of any third party operating in the background. This open-source network was designed to keep security as one of its founding principles and is home to its native cryptocurrency, ADA.
ADA tokens fuel the entire Cardano ecosystem from being used to pay the transaction fees within the network to the validators staking the token to verifying a transaction and earning rewards. As one of the biggest blockchain networks utilizing the proof-of-stake (PoS) consensus mechanism, Cardano gained immense popularity and still remains on the list of top ten cryptocurrencies today. The network discovers new blocks and adds transaction data to the blockchain called Ouroboros.
The native Cardano blockchain is divided into two separate layers with different functionality to enhance the overall process. The Cardano Settlement Layer (CSL) facilitates peer-to-peer transactions using the ADA tokens and the Cardano Computational Layer (CCL) is exclusively reserved for smart contracts. The network takes pride in its peer-reviewed research methods and has maintained its position as one of the top cryptocurrencies to invest in for a long time.
3. Near Protocol’s Unique Scaling Solution Achieved Through its Consensus Mechanism, DoomSlug
Near Protocol has been developed by the Near Collective. It is a layer-one blockchain solution designed to build a cloud computing platform run and operated by its community. The team crafted the platform to offer a solution secure enough to handle high-value assets like identity or money and efficient enough to be used for everyday purposes. Their solution aims to eliminate the hurdles of competing blockchains like lower transaction speeds, poor interoperability, and reduced throughput.
With its unique scaling solutions and a developer-friendly environment, Near Protocol’s performance has exceeded all expectations making it an investment-worthy venture. The company’s vision is to take over giants like Ethereum by providing a cheaper and faster solution. This is made possible through their consensus mechanism, Doomslug, and a sharding technology known as Nightshade.
At the heart of the ecosystem is their native token, NEAR. NEAR is an inflationary asset used to reward validators, process transactions, and power smart contracts. The supply of the token increases under two main conditions, first when the vesting period of the early token sales expires and second, when the transactions are verified by validators staking their NEAR tokens. The network has gained massive popularity and has swiftly secured a place among good cryptocurrencies to buy through its ability to process 100,000 transactions and a block per second. Also, the transaction fees charged by the network are almost negligible.
4. Hedera’s Native Token HBAR Serving DUAL Roles Within the Network
Hedera positions itself as an alternative to traditional blockchain technology with enhanced speed, security, and efficiency. The founders imbibe a strong mission and vision to build a trusted and secure online world where users can work, play, buy, sell, and engage socially without worrying about their safety and privacy. Hence, Hedera was designed to be one of the most sustainable open-source public ledgers for a decentralized economy. In simple words, it enables businesses and individuals to create decentralized applications (dApps) in its fairer and more efficient environment.
How does Hedera achieve enhanced speed, cost, and scalability? Unlike most of the cryptocurrency platforms that leverage existing blockchain technology, Hedera utilizes its own unique distributed ledger technology called Hashgraph. This technology helps speed up the network’s transaction ability as it grows enabling it to handle more than 10,000 transactions per second and considerably lowering the fees.
The innovative offering of the Hadera ecosystem is powered by its native cryptocurrency, HBAR which performs dual roles within the network. HBAR token not only fuels services like smart contracts, file storage, and transactions within the network but also secures it by allowing the token holders to participate in staking and drawing benefits from the reward pool. This new altcoin has climbed up the ladder to become one of the top cryptocurrency coins in a short span of time due to its several use cases.
5. Arbitrum’s Ambitious 2023 Roadmap unveiled including a Layer-3 Solution
Arbitrum is a popular token in the cryptocurrency market known for its innovative offerings and ambitious future plans. This layer two solution was designed to tackle the problem of speed, scalability, and cost around the existing blockchain solutions. The network benefits from the compatibility and security of the Ethereum network and utilizes the optimistic roll-up technique to achieve its goal. By moving most of its computation and storage off-chain, the network automatically produces higher throughput with lower cost, unlike the Ethereum network.
The Arbitrum Network also keeps its community at the core of its development with every innovation centering around offering its users a seamless experience. The network recently made a public announcement of its plans to launch a layer 3 solution, Orbit, to enable the development of programs written in popular programming languages. The company also announced an airdrop early this year as a reward to the early users and DAOs building on Arbitrum.
The native cryptocurrency of the network is its governance token, ARB. ARB offers several earning opportunities to its holders making it one of the best altcoins to hold for the long term. After the network’s shift to a decentralized autonomous organization, Arbitrum DAO, the token holders are vested with the right to participate in the network’s decision-making process. The Arbitrum ecosystem has grown exponentially since its launch and has a vibrant community of tools, wallets, decentralized applications, and partners making it one of the most prominent Ethereum Layer-two solutions.
Conclusion
Potential Investors and newcomers to the cryptocurrency market should look no further than these top 5 new altcoins while deciding which cryptocurrency to buy today for long-term gains. Supported by multiple use cases, these projects have promising potential to diversify investors’ portfolios and benefit them through their well-designed incentive structures.
However, InQubeta’s remarkable presale performance has impressed the crypto community. This AI crowdfunding platform climbed the ladder of success in no time and secured a spot in investors’ hot favorite list. Security firms that have conducted audits on its smart contracts have provided reports with positive opinions, and many experts believe in the potential of InQubeta to revolutionize the traditional investment landscape.
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