Internet Computer (ICP) and InQubeta (QUBE)Thrive Despite Mini Market Crash
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The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice
Despite the recent mini-market crash, InQubeta (QUBE) and Internet Computer (ICP) have been thriving. While ICP has experienced a significant decline in value due to an overall crypto market decline and a crackdown from the U.S. Securities and Exchange Commission (SEC), InQubeta (QUBE) has been gaining traction, thanks to its innovative blend of AI and blockchain technology.
Internet Computer (ICP); Stability Amid Crypto Market Fluctuations
The mini-market crash, characterized by a sudden and sharp decline in the value of various cryptocurrencies, caught many market participants off guard. However, Internet Computer (ICP), a blockchain project aiming to create a decentralized internet, has managed to hold its own.
CP’s resilience can be attributed to its distinctive architecture and value proposition. Unlike traditional blockchain platforms, Internet Computer aspires to establish a decentralized internet where smart contracts operate at web speed, potentially altering the dynamics of internet interaction.
The project’s ability to weather market downturns is also supported by its robust ecosystem and an engaged development community. Continuous advancements, updates, and collaborations within the Internet Computer community contribute to an environment of ongoing growth, instilling confidence in investors even during turbulent market conditions.
The decentralized nature of Internet Computer (ICP) is also another factor contributing to its stability. This decentralization aligns with the core principles of blockchain technology, offering users increased control over their data and transactions. This feature provides a level of protection from some of the vulnerabilities associated with centralized projects.
Presently, Internet Computer (ICP) is trading at $14.12, with a 259.8% price increase in the past year.
InQubeta (QUBE): Enabling AI Startup Growth with Blockchain Crowdfunding
InQubeta (QUBE) operates as a blockchain-based crowdfunding platform designed specifically for AI startups, aiming to transform how these startups secure funding and engage with their communities.
InQubeta, an ERC20 token featuring deflationary characteristics, functions as a means of exchange on the platform. It enables users to invest in AI startups and participate in the NFT marketplace.
InQubeta introduces a unique method, allowing the creation of investment opportunities as fractional NFTs. These NFTs can be listed on the platform for QUBE token holders to purchase.
Currently in its stage 6 presale, QUBE has achieved a milestone, raising over $7.9 million, with more than 94.8% of its tokens already sold.
The QUBE token makes it easy for those interested in supporting the progress of AI technology startups. Its deflationary mechanism, supported by a 2% tax on purchase and sale transactions, directs fees to a dedicated Burn wallet, gradually reducing token supply for long-term value enhancement.
Additionally, a 5% sell tax contributes to a specialized reward pool, incentivizing investors to participate in token staking for attractive returns.
With the anticipated growth in the AI industry and the demand for AI tokens, it appears the project has potential.
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