Layer-2 Bitcoin Social Network Kicks Off Mainnet, Filecoin Rival on Whales’ Radar
Bitcoin is the most popular cryptocurrency, and as a result, many new innovative solutions have been launched that seek to build on the network and produce new ecosystems. One of the latest Bitcoin-based layer 2 solutions is the Social Network, which is getting ready for its mainnet launch.
InQubeta is another altcoin that has been creating a lot of buzz and has been rated as one of the best new ICOs of 2024. The InQubeta presale has raised over $13.5 million. As per many analysts, in the coming months, InQubeta could even potentially topple well-known coins like Filecoin (FIL).
InQubeta: Scaling AI projects with DeFi tools
InQubeta has built an NFT market where cryptocurrency buyers and startups can negotiate deals. The payment is processed through a native cryptocurrency known as the QUBE token.
Budding AI startups can mint NFTs in the form of proposals and sell them to crypto buyers willing to invest in their projects.
InQubeta also offers a facility for fractional investment where crypto users can diversify their capital across different projects.
The platform provides several services aimed at startups. Innovators can contact experts from the sector for advice and help. The platform also offers marketing services for new startups to help them gain an edge over similar competitors.
InQubeta aims to become a one-stop solution provider for startups in the AI industry. Retail users can easily invest in upcoming projects through the InQubeta platform.
The QUBE token has emerged as a popular cryptocurrency that allows users to participate in the upcoming AI sector.
QUBE is built as a deflationary token and its supply is controlled to ensure the value remains attractive for common investors. There is a burn mechanism that helps to reduce the supply during times of bear markets and inflation. It ensures there is sufficient scarcity, and demand for the QUBE asset helps to push up prices.
Analysts have praised the InQubeta ecosystem for its unique utilities and growth potential. Many whales have been accumulating the QUBE token in anticipation of a huge rally in the future.
Filecoin releases a new version of Filscan.io
Filecoin is a popular decentralized file-sharing and cloud storage solution built on blockchain technology. Filecoin has remained the favorite of analysts for a long time and has left many new altcoins behind, emerging as a popular solution preferred by developers.
The native token FIL is used for paying fees and other transaction payments on the network.
Filecoin was in the news recently after it released a new version of its blockchain explorer Filescan.io. The new version will enable developers to gain valuable insights into contract transactions, data analysis, and the easy ranking of storage providers.
Metaplanet to adopt Bitcoin as ‘core treasury reserve asset’
Bitcoin is the first cryptocurrency and is credited with starting the blockchain revolution throughout the world.
Backed by a robust security model ensured through the Proof of Work consensus mechanism, Bitcoin is an ideal asset for creating a steady source of generational wealth.
The native token, known as BTC, is one of the highest-performing assets of the past decade. Transactions powered by the native token are authenticated with the proof-of-work protocol to avoid unwanted exploits.
Institutional investors have adopted Bitcoin in a major way and Japan-based Metaplanet recently announced that it would utilize BTC as a “core treasury reserve asset”.
Meanwhile, Bitcoin’s Layer 2 platform Social Network is also all set for a mainnet launch on April 22.
Conclusion
Bitcoin, Filecoin, and InQubeta are considered frontrunners to win this year’s race for the best crypto. Due to their steady long-term performance and unique use cases, these coins are frequently featured among analysts’ lists of favorite cryptos.
Filecoin has expanded its market share with announcements like a new rewards program. The initiative was launched by Filecoin’s Glif and taps into the liquid staking boom.
Bitcoin has remained in the news and is the top cryptocurrency of all time. It has received a lot of attention due to the launch of BTC ETFs in the US which has helped to drive up its price substantially.
InQubeta has emerged as a popular asset among both retail clients and institutional investors. The AI-led cryptocurrency is attracting many buyers.
Eager to explore new avenues in AI, crypto users can drive their ICO gains to new highs by accumulating huge quantities of the QUBE token.
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Filed under: Bitcoin - @ April 15, 2024 7:00 pm