Despite the series of scandals that rocked the global cryptocurrency market last year, the sector managed to emerge stronger. In the first quarter of 2023, the sector clocked a market capitalization of $1.2 trillion – a 48% gain over 2022. The market momentum, the rollout of several new projects and rallying prices are among the key growth drivers for cryptocurrencies.
If you are looking to start your crypto journey and searching for the best cryptocurrency to buy, you will be left spoilt for choice. There are multiple options like InQubeta available in the market today that can help you boost your crypto portfolio. InQubeta is an Ethereum-based platform that is among the most sought-after cryptocurrency right now, because of its unique use case – a decentralized platform for fundraising that’s exclusively designed for startups working in the field of artificial intelligence (AI). By providing a secure platform that makes genuine investment opportunities accessible, InQubeta offers mutually beneficial deals to both startups and investors. What sweetens the deal is its impact on the larger startup ecosystem. The growth of funding options has failed to keep pace with the startup boom. A platform like InQubeta can plug the gap and help more startups bring their ideas to life.
The following list features six other crypto projects which like InQubeta are expected to explode in 2023. Accumulating coins during the bearish phase can often provide potentially huge returns in the long term.
1. InQubeta: A growth driver for startups
InQubeta is a unique decentralized platform that addresses a structural challenge of the startup industry and makes funding opportunities more accessible. The platform brings startups looking to raise funds and potential investors to a platform where they can interact and transact transparently. While startups get the funding that they want, investors gain by getting access to new investment opportunities that might otherwise have been hard to spot. Leveraging the power of AI, the startups on InQubeta are building future-ready projects. By accessing these opportunities at the right time, investors also get to enjoy the early bird advantag
The InQubeta team has rolled out a native token called the QUBE token which will be used for all transactional purposes on the network. The token is set to be released for sale via a nine-stage presale process and it’s already raking up a lot of interest. Several analysts have already listed it among the best new icos to have been launched in 2023.
The token’s price is designed to rise at each presale stage. It is currently in Stage One and valued at $0.008750. There’s a vesting period of 12 weeks for all purchased tokens, and buyers can get hold of their tokens once the lock-in period ends. Another unique factor about the InQubeta token is that it’s a deflationary cryptocurrency, so its supply is always controlled in a way that doesn’t disturb the token price. The platform features a 2% buy and sell tax, where tokens are sent to a ‘burn wallet’ to ensure scarcity.
What strengthens the case for InQubeta is its robust security framework and the functionality of Ethereum’s smart contracts. The security mechanism of the platform has been audited by leading security firms. The startups looking for fundraising opportunities on InQubeta have to offer a reward to the investor in exchange for the funding. The investor can then make decisions depending on how attractive they find the opportunity. The rewards are represented by an NFT and would stand for something like an equity share. Once the startup creates the NFT, they are uploaded on the NFT marketplace for the investors to evaluate. After they pay for the NFT using the QUBE tokens, the proceeds are sent to the startup.
2. DigiToads: Explore the variety in DeFi
DigiToads is a great example of how a cryptocurrency can be both user-friendly and profitable. Its crypto model is a cross between a meme token, a play-to-earn platform, and a staking portal. So, you get to learn about trading, staking, playing Web 3.0 games, and entering trading competitions on the same platform. Plus, you can enter giveaways and prize draws and bag rewards for active participation which ensures multiple earnings. The platform’s native token is TOADS and it bankrolls all transactions and is necessary for accessing any of the above-mentioned opportunities. All in all, if you are looking to learn cryptocurrency trading for beginners, there might not be a better opportunity than DigiToads.
Another key USP of the platform is its play-to-earn game where players stand a chance to win TOADS tokens as a prize if they manage to be among the top 25% of the scorers of a season. In the game, the players strive to outperform their competitors with the help of digital creatures like DigiToads, who are known for their superior strength. The winners are announced every month, which is when each game season ends. Over the next few months, users can look forward to attending knowledge sessions on cryptocurrencies that the DigiToads team plans to open. The only requirement for attending these sessions is that the participant should hold a minimum of three NFTs.
3. Sui: A new way to own on-chain assets
Sui is a Layer 1 blockchain where one can own assets that are stored on the network and not locked by smart contracts. The platform’s native cryptocurrency is SUI and it’s used for all transaction-related uses. What sets Sui apart from other blockchain networks is its object-centric model where the basic unit of data storage is an object and not users’ accounts. These objects are programmable and represent user-level assets. Developers can create and manage them to customize assets to have specific attributes. The network uses the parallel processing method for processing transactions which adds to its scalability.
4. Arbitrum: Adding a new dimension to EVM-compatible solutions
Arbitrum is a Layer 2 blockchain that enables developers to add to the efficiency of Ethereum-compatible dApps with its set of cutting-edge tools. Its native token is ARB which comes in handy while dealing with any transactional obligation on the network. What sets Arbitrum apart from other scaling solutions for Ethereum is the compatibility it offers. As the platform can support unmodified EVM contracts, developers can run any EVM dApp on Arbitrum without making any changes to its code.
5. Tenet: The potential of liquid staking derivatives
Tenet is a blockchain network where users can earn income by trading liquid staking derivatives (LSDs). Its native token TENET is the medium of exchange on the network. What stands out about this top altcoin is that it runs on a diversified proof-of-stake consensus mechanism where users re-stake their staked assets for validating smart contracts that are secured by an omni chain governance system. One can also use these LSDs for minting stablecoins, providing liquidity to the platform, and trading on leverage.
6. LimeWire: Empowering content creators with the power of blockchain
Limewire is a decentralized platform where content creators can monetize their creations using the power of blockchain and earn by growing their fan base. The platform has a native token that’s called LMWR which is used for various kinds of transactional purposes on the network. One of the key benefits that content creators can look forward to exploring with LimeWire is paid subscriptions. They can create a membership structure, fix a price and keep creating content to earn regular income. The fans, on the other hand, get the chance to interact with their favorite content creators directly and be a part of a thriving social community.
7. Filecoin: Catalysing cloud storage with blockchain
Filecoin is a decentralized cloud storage platform that enables developers to build custom cloud-based storage services. In other words, a Filecoin user can start storing their data or assets on the cloud by making space for another user’s assets. The platform’s native token FIL is the primary cryptocurrency on the network. It has been rated as one of the altcoins to watch out for in 2023 because of the edge it has over other centralized cloud storage platforms.
Filecoin’s decentralized nature helps it shield the user’s data location while making it hard to censor. Plus, the open-source platform allows its users to become custodians of their data which in turn makes Web 3.0 tools more accessible to people across the world. If you are a developer, then too, Filecoin has a lot in store to offer you as it helps you build user-friendly and secure dApps. For starters, it leverages IPFS as a building block so you can share all advantages of content addressing. Next, the cryptographic proofs ensure that the data stored in Filecoin storage providers are safe.
Conclusion
If you are confused about what cryptos to buy now, any of these tokens are seen as good picks. Be it their features, security framework, growth potential, or utility, there’s a lot to explore and benefit from them. But what about analysts? Which of these has analysts’ vote?
Among these projects, the one cryptocurrency that is most backed by market analysts is InQubeta. With an industry-linked use case that can potentially transform the DeFi ecosystem, InQubeta has left analysts impressed. Many who have reviewed the QUBE token have also given it a spot in their best cryptocurrency ico list for 2023. As far as prospects go, market experts feel that the QUBE token has a long way to go. They expect the QUBE token to potentially cross the 40x barrier in the next few months.
As encouraging as these projections are, cryptocurrency users should always research the token that they are interested in. The cryptocurrency market can change over time depending on how global economic factors play out which might also impact these projections. Hence, it is helpful to read up about a crypto project and understand the risks associated with it before going ahead and buying its token.
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