As the interest in investing in BTC ETFs propels the crypto markets to new heights, analysts are exploring which DeFi asset could support the next wave of ETFs.
For many experts, there is hardly any token as deserving as Ethereum (ETH) for the job. The blockchain technology’s versatility and high-end performance are among the key reasons why analysts are sold on Ethereum ETFs.
What’s further cementing their belief is the technology’s capacity to deal with quantum risks. Ethereum co-founder Vitalik Buterin recently unveiled a bunch of strategies that the platform can employ to ward off quantum risks. His research explores how Ethereum leverages advancements in quantum computing to shield its users’ assets.
Apart from Ethereum, another altcoin that has grabbed the crypto community’s attention is InQubeta (QUBE). The platform has been designed to facilitate fuss-free crowdfunding for AI projects with a crypto-first model..
InQubeta: Pushing AI innovation through DeFi
InQubeta is an Etherum-supported platform that makes crowdfunding for AI projects more seamless with its DeFi model. Using its native cryptocurrency known as QUBE, people can buy NFTs representing AI projects and become owners of a part of the startup’s equity.
With an NFT-based model, InQubeta allows even individual or budget-conscious users to participate as they can divide their corpus between multiple projects through fractional investment.
InQubeta allows regular crypto users to back the future of AI innovation while attaining financial independence.
The top altcoin has impressed many buyers and its popularity is evident by its presale success. So far, its ICO has raised more than $11.6 million
All transactional purposes like the purchase of NFTs or distributing rewards are settled through the QUBE token. Shuttling between being a utility and governance token, analysts consider the coin to be one of the best new ICOs of this year.
To ensure that all interested buyers can get ample QUBE tokens, 65% of the 1.5-billion supply of QUBE tokens is dedicated for public sale. What’s left is used for funding marketing activities, supplying liquidity to the ecosystem, and meeting operational expenses like legal fees.
The QUBE token supports on-chain governance by providing exclusive voting rights to its owners. With these privileges, they debate on whether a suggested protocol change or upgrade is worth being implemented.
As token holders review proposals before voting for them, decentralized decision-making ensures that all concerns about a project are addressed in advance.
Irrespective of how the markets are behaving, the QUBE token ensures optimal returns for its owners as it has a deflationary model. The model tightens the asset’s supply when the volatility of inflation is high. During such adverse market conditions, most asset classes tend to crash.
By making it harder to obtain the QUBE token, its deflationary model bolsters the asset’s price and demand. So, come rain or shine, the QUBE token will be fetching regular returns for its holders.
Sei Labs’ new solution to make Ethereum faster
With a multi-faceted model that has stood the test of time, Ethereum has maintained its position as a top crypto despite the rollout of multiple new altcoins.
Ethereum’s flexibility and scalability enable developers to create various DeFi solutions like dApps, blockchains, and NFTs. Its native token ETH is the official medium of exchange of the Ethereum ecosystem.
As an extra measure of security, all transactions made with the token are validated with the proof-of-stake consensus protocol.
The ETH ecosystem has evoked widespread interest among the global DeFi community with its potential to deal with quantum attacks. Ethereum co-founder recently unveiled his research which highlights Ethereum’s ability to project its users’ interest by leveraging advanced quantum computing.
Ethereum was also recently in the news after Sei Labs announced that it has rolled out an open-source solution that can boost the blockchain’s speed. Called ‘The Parallel Stack’, the free-of-cost solution will also make building with Ethereum more cost-effective for developers.
The Parallel Stack augments the throughput of EVM-based Layer 2 networks with features like parallel processing of transactions.
Conclusion
Ethereum and InQubeta are among the best cryptos that one can find in the market. These coins have been posting regular returns, unlike many established names.
As Ethereum rises due to ETF interest and its potential to power quantum cryptography, InQubeta presents a pressing case with its presale success. The surge in these coins’ prices has strengthened analysts’ belief in their potential and capacity to earn long-term gains.
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