Cryptocurrencies are among the most-demanded financial instruments across the world. Their rallying prices, impressive market performance, and wide variety to choose from are among the key reasons why people are lining up to buy them. Even if you lack trading experience or knowledge about cryptocurrencies, there are ample options that can not only teach you cryptocurrency trading for beginners but also boost your portfolio.
As far as 2023 is concerned, the year kicked off on a positive note and has maintained its momentum through the first quarter. There are examples of crypto projects like InQubeta whose popularity has jumped through the roof because of its cutting-edge features. It has caught the attention of cryptocurrency analysts because of its potential use for strategic crypto investments. Powered by the Ethereum network, InQubeta has been designed as a decentralized platform that helps startups working in the field of artificial intelligence (AI) with their fundraising needs. Additionally, it also helps investors score genuine investment opportunities. With a robust security framework, InQubeta helps both parties gain secure and mutually beneficial outcomes. Accumulating huge volumes of presale tokens can potentially provide huge returns in the long term future.
The following list features four crypto projects which, like InQubeta, can drive industry-wide impact while boosting portfolio gains.
1. InQubeta: Where blockchain meets AI
InQubeta is an innovative platform that’s leveraging the power of blockchain technology to address an industry challenge that often stops startups from bringing their ideas to life. The lack of finances is a common problem that limits startups’ growth. InQubeta seeks to resolve the issue by bringing AI startups and potential investors together on a single platform. It provides startups with an opportunity to raise funds seamlessly, and lets potential investors score genuine investment opportunities and enjoy the early-bird advantage. To facilitate various kinds of transactional purposes, the platform has rolled out a native token called QUBE, which is built on the ERC-20 protocol. One can purchase the QUBE token by participating in its presale process.
Despite being rolled out just a few weeks ago, the token is already bagging spots in leading analysts’ cryptocurrency ico lists because of its versatility. It can be used for staking, buying NFTs, and making payments. The token is used for implementing the InQubeta governance structure and allows community members to have a say in the platform’s decision-making process. As part of InQubeta’s decentralized governance structure, all token holders get exclusive voting rights which they can use for voting for proposals moved by other community members. They can also move proposals themselves. These proposals can implement changes like new features, product launches, and additions to the NFT marketplace that can potentially improve the InQuebta ecosystem.
Another reason why InQubeta has been included among the altcoins to watch out for in 2023 is the QUBE token’s deflationary mechanism which shields its token holders against inflationary forces. Under the deflationary model, the token supply is regulated constantly to avoid letting it exceed the supply. This is done by burning tokens which keeps the supply scarce while minimizing price fluctuations. If users sell the QUBE token they have to pay a 5% tax. The majority of the tokens collected as taxes will be used for maintaining the liquidity and rewards pool, funding marketing campaigns and other initiatives aimed at developing the platform, however, a small portion of these proceeds will be burned to keep the supply in check.
Rated as one of the best new icos of 2023, InQubeta has a unique set-up for facilitating fundraising deals for startups. Startups create NFTs that represent a reward level or share of equity in their company. These NFTs will be made available for sale or purchase via the NFT marketplace. Another benefit of these NFT marketplaces is that potential investors can explore and assess the investment opportunity that startups are offering. Once they decide to purchase the NFT and pay using their QUBE tokens, the startup will receive the funds. Apart from raising funds, startups also get access to a thriving community of QUBE token holders and interact with them to grow their network.
2. DigiToads: The power of three crypto models on one platform
DigiToads is a top altcoin that has been making a splash in the international cryptocurrency market with its unique model that’s a cross between a meme token, a Web 3.0 game, and a play-to-earn platform. With its state-of-the-art model, DigiToads offers its users multiple opportunities to earn passive income – staking, trading, and participating in Web 3.0 games and giveaways – on a single platform. To facilitate all kinds of transactions on its network, DigiToads has rolled out a native token called TOADS which is currently available on presale. The TOADS token is also built on the ERC-20 protocol which means that it has multi-chain capabilities.
It is among the best cryptocurrencies to buy in today’s market because of the wide array of options on the platform to earn residual income. One can also use these opportunities to build a sustained source of income and get long-term gains. Over time, the DigiToads team plans on opening a think tank where knowledge sessions on cryptocurrencies will be conducted. With these knowledge sessions, DigiToads community members will be able to know more about these digital assets and make better decisions. In addition, the team would be organizing weekly and daily prize draws to encourage users’ participation. Another popular feature of DigiToads is its play-to-earn game where players try their best to bag the highest scores by competing against other players in a virtual swamp. They get to seek help from powerful creatures called DigiToads which can upend any game with their special powers. The winners of the game are rewarded with TOADS tokens.
3. Sango: Empowering a country’s future with blockchain
SANGO is the official digital cryptocurrency of the Central African Republic (CAR) and is powered by the Bitcoin blockchain. It’s backed by a reserve of BTC tokens and is being used by the country to decentralize its assets and make gaining citizenship easier. For instance, one can apply for CAR citizenship by locking SANGO coins worth $60,000 for 10 years. The tokens will be returned to the owner after the period ends. In addition, there will be various other perks like zero tax on cryptocurrencies, an official passport, and a chance to access the welfare schemes floated by the CAR government for citizens. Likewise, one can also apply for e-residency and land ownership in the CAR by locking SANGO coins for a stipulated period. Once the period ends, the coins go back to the owners.
4. Arbitrum: Boosting Ethereum’s potential with new tools
Released by Offchain Labs and powered by the Ethereum network, Arbitrum is one of the altcoins to watch for in 2023 given its impressive market performance in recent months. It has been designed as a Layer 2 scaling solution that uses optimistic rollups for improving the scalability, speed, and cost-effectiveness of Ethereum-based dApps and other decentralized systems. Its native token ARB is used for staking, trading, or any other transactional purpose one might encounter on Arbitrum. Another reason why so many developers tend to gravitate towards Arbitrum is the higher throughput and lower gas fee that they can benefit from. If you sit down to count Arbitrum’s advantages, there are quite a few. For starters, developers have the flexibility to deploy programs written in multiple languages like Rust and C++ with Arbitrum’s EVM equivalence feature Stylus. Next, developers can scale up a dApp to handle thousands of transactions in a second with fast finality and at a low cost with Arbitrum.
5. Kaspa: The best of high-speed blockchain technology
Kaspa is a Layer 1 blockchain that is preferred by developers because of the high degree of scalability and high-speed transactions that it offers. Its native token KAS is the primary cryptocurrency on the network. The confirmation layer is powered by blockDAG i.e. a digital ledger that facilitates instant confirmation of transactions and enables parallel blocks which offer single-second block intervals. On Kaspa, all blocks are processed in parallel by linking sidechains. The method creates a DAG structure that boosts the formation of blocks every second, thereby creating a blockDAG. Moreover, it uses the power of the proof-of-work consensus algorithm. The platform leverages the mining-ready kHeavyHash algorithm which combines high throughput DAG and zero-waste blocks to consume less energy. The blockchain network enjoys an edge over other platforms in terms of reachability and block data pruning. Developers tend to prefer Kaspa as it roots out bottlenecks while scaling by confirming multiple blocks each second. Despite its speed, there’s no compromise in security and decentralization.
Conclusion
If you are wondering about what cryptos to buy now, the crypto projects described above are ideal options to build a stellar portfolio that is both strategic and growth-oriented. These cryptocurrency projects are powerhouses of features that can be easily accessed irrespective of whether you’re a beginner or an experienced crypto user. With their user-friendly features and a variety of opportunities, these crypto projects are great for anyone looking to learn about the basics of cryptocurrency trading.
While these projects have their strengths, the only cryptocurrency among them that has managed to impress both crypto users, as well as analysts, is InQubeta. Analysts who have reviewed the platform were impressed with its niche use case that addresses a structural problem of the AI industry. Analysts have lauded its model and said it has the potential to transform the decentralized finance ecosystem. They also feel that with a decentralized governance structure, the platform will likely experience considerable growth. In the coming months, they feel the QUBE token has the potential to jump by over 30x. That being said, it’s always advisable to research a crypto project before buying it as market conditions tend to change from time to time. By reading up about a crypto project, buyers can acquaint themselves with the potential pitfalls and risks associated with it.
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