The market cap of the global cryptocurrency market currently stands at $1.2 trillion – a staggering figure for an industry that reached its peak barely a few years ago. One of the key factors that have propelled cryptocurrencies to such levels of popularity is their potential to make people financially independent. They serve as a low-cost alternative to mainstream financial instruments and are not regulated by a central authority, so there are no hidden charges or taxes.
If you are looking to become financially independent with these blockchain-based assets this summer, there are many top crypto coins to choose from. For instance, InQubeta (QUBE) is an Ethereum-based crypto project which has been in the news recently for its stellar presale growth. It’s a fundraising platform for startups working with artificial intelligence (AI).
InQubeta helps investors explore opportunities that are leveraging a high-potential technology like AI and score the early bird advantage by accessing promising projects before they hit the market.
The following list features two other cryptocurrencies which, like InQubeta, can open the doors of financial freedom.
1. InQubeta: The best cryptocurrency ico of 2023
InQubeta is an innovative decentralized platform that brings together startups looking for funding and potential investors by leveraging the potential of blockchain technology. By acting as a bridge between the two parties, InQubeta solves a crucial problem that has prevented many budding companies from achieving their goals.
Not only are its features user-friendly but it’s built on a secure framework too. Its smart contracts have been audited by some of the leading blockchain security companies in the world.
InQubeta has also released a native cryptocurrency that’s called the QUBE token and it’s the main crypto coin of the network. The QUBE token is an important feature of the platform’s decentralized governance where important decisions regarding the InQubeta protocol are taken by the community at large.
If a community member wants to propose a change, they will float a proposal that will be put to vote before other members. All QUBE token holders are given voting rights which they use for voting for a proposal. These proposals seek to advance the platform’s growth and scope.
A distinctive feature of the QUBE token is its deflationary character. Under a deflationary model, the token supply is always controlled in a way so that it doesn’t rise above the demand. The mismatch in supply and demand for the token is necessary for keeping price fluctuations at bay and ensuring the best returns for token holders.
Any time the supply rises above a certain level, the extra tokens are burned. An example of how the deflationary token works is its buy-and-sell tax. If a token holder purchases or sells a QUBE token, they are charged a small tax which is to be paid with QUBE tokens. While most of the tax proceeds go towards funding marketing campaigns or maintaining the rewards and staking pools, a small portion of the tokens is also sent to the burn wallet to be destroyed.
The QUBE token will be made available to the public for purchase via a ten-stage presale process. Stage two of the cryptocurrency ico is already in progress and the project has so far raised over $1.4 million.
What makes it a good crypto to buy is the ease with which the platform caters to the needs of both startups as well as investors. Interested startups decide on what they’d like to offer the investor in exchange for investing in their company. The offer might be a share in the company’s equity or a reward level. The offer is represented by an NFT which the startups create and upload on InQubeta’s NFT marketplace where investors can evaluate it.
If investors agree with the offer made by the startup, they can pay for it using QUBE tokens. What’s more, investors have the option of buying a fraction of the NFT, so they don’t need to go out of their budget to invest in a startup.
2. DigiToads: A multi-utility ecosystem and DeFi platform
DigiToads is among the new altcoins that were launched earlier this year and somehow it has managed to race past even popular tokens to carve a niche for itself in the market.
What helped it along was its hybrid DeFi model where one can explore a wide array of opportunities to earn passive income. You can choose between winning tokens in Web 3.0 games, staking NFTs, entering prize draws, bagging rewards for active participation, trading tokens, and winning competitions. You won’t experience a dull moment with DigiToads.
The heart of the platform is its native cryptocurrency – the TOADS token. There’s no door in the DigiToads ecosystem that won’t open with the TOADS token as the ERC-20 coin is the medium of exchange on the network.
One of the most popular features of DigiToads is its Web 3.0 game which has 12 seasons in a year. So, the more you play, the more the chances there are to win cryptocurrency. The game is set in a challenging Metaverse swamp where players try to outdo their competitors and score high. The players making it to the top 25% of the scorers are rewarded with TOADS tokens.
If players feel that they need some extra help at any point in the game, they can purchase or trade a special digital creature called DigiToad. All DigiToads have massive strength and special powers. So, they can fight with players as loyal soldiers and help them boost their chances of winning.
Apart from a new game season, another popular DigiToads event that is organized every month is trading competitions. In these contests, participants try to book the highest trading volume in a month to win. The winner and the platform share the trading profits of the month. The winners also get a chance to train under the DigiToads team and learn about managing the platform’s treasury.
The DigiToads team is also working on launching an online think tank where knowledge sessions on cryptocurrencies would be offered to TOADS NFT holders. To be called the ‘TOADS School’, the think tank will be launched shortly. Another plan that’s currently in the pipeline is an official merchandise range for DigiToads fans. The amount raised through the sale of the merchandise would be donated to organizations that are working to conserve the environment and rainforests. In addition, the DigiToads team will be donating a small part of their annual profits to the cause, so that rainforests across the world can be saved.
3. Polygon: Bringing zero-knowledge technology to the masses
Polygon is a top crypto to invest in as it’s one of the premier scaling tools available for Ethereum-compatible decentralized infrastructure. Its native token is MATIC and it’s used for all transactions on the network. Additional uses of the MATIC token include staking and implementing Polygon’s decentralized governance structure.
What stands out about Polygon is that it makes zero-knowledge technology more accessible to the masses. It has a wide range of tools in its suite with which developers can deploy blockchains, scale dApps globally, and design decentralized identities, among others. Plus, it’s a carbon-neutral platform.
If you are looking to design public blockchains, Polygon has a lot to offer. For starters, there is the Polygon PoS which can support a wide range of scaling requirements for Ethereum-friendly dApps and virtual machines. It’s an ideal option for developers looking for near-zero gas fees and high-speed transactions.
Then there is Polygon zkEVM with which developers can scale dApps without compromising the security, all thanks to the zk roll-up. With the soon-to-be-launched Polygon Miden, developers can build cutting-edge dApps using a decentralized rollup for local transactions and executing proofs of concurrent, local transactions.
Another project that the Polygon team is working on is Supernets. Using the Supernets, developers will be able to deploy app-specific chains that leverage industry-leading innovation powered by the Polygon network. A great advantage of using this tool is that it allows you to customize blockchains by choosing from a range of options for compliance implementation. The result is an app-specific blockchain that sports customized features and can be deployed seamlessly.
Polygon is also preferred by a lot of developers for creating decentralized identities using its Polygon ID feature. The tool works on the principles of sovereign identity and is privacy-centric. Polygon ID gives developers the advantage of building secure relationships between users and dApps. Developers can create dApps where users have to show their verified credentials to gain access or for generating zero-knowledge proofs with these credentials. Plus, one can create elaborate queries with the zk-Query language.
You might be surprised to know that Polygon ID is one of the few identity solutions in the world where one can leverage zero-knowledge proofs for interactions with smart contracts. The solution also complies with W3C standards.
Conclusion
If you are looking to boost your crypto portfolio this year, the above-mentioned three tokens are dependable projects that have won over crypto users across the world. Be it their state-of-the-art features, level of decentralization, functionality, or security, Polygon, DigiToads, and InQubeta tick off all the right boxes.
However, have you ever thought about which crypto to buy today for the long term? If you have, it’s a valid concern as an ideal cryptocurrency that should help you expand your portfolio over the long term. If you ask analysts to choose between the three, most of them are likely to point you toward InQubeta.
The Ethereum-powered platform has an industry-linked use case that has the capacity to transform an entire industry. Not only are analysts finding its prospects impressive but they also feel that it can infuse a fresh wave of innovation in the decentralized finance ecosystem.
It’s important to remember that the crypto market can change due to factors like global economic changes and uncertainty. Hence, crypto users should always take out time to research a token and identify any potential risks associated with it before buying.
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