Tornado Cash ($TORN) Dumps As Liquidity Shrinks, 3 Reasons Why AI Enthusiasts Back InQubeta

The cryptocurrency market is currently witnessing a shift from popular tokens like Tornado Crash to newer projects like InQubeta (QUBE)****. The InQubeta project has been making rapid strides by leveraging pioneering technologies like artificial intelligence. As per analysts, many Tornado Cash holders have been dumping the token as its liquidity shrinks and are switching to top crypto coins like InQubeta.

InQubeta is a newly launched decentralized platform that allows startups to easily access funding opportunities for their AI-based projects. The Ethereum-based platform sports some cutting-edge features as well as a robust security that has been vetted by some of the world’s leading blockchain audit companies. Analysts have also been raving about the token because of its capacity to drive growth in the startup eco while also paving the way for DeFi innovation in the sector.

InQubeta’s rising popularity has taken analysts by surprise especially because it is still in its presale stage. So far, the crypto project has collected over $2.9 million in presale funding.

InQubeta: Driving growth for AI startups with bright ideas

It’s not uncommon to see startups abandon plans due to lack of funding. InQubeta strives to address the problem by giving startups a platform where they can interact with investors on their terms and access genuine opportunities.

.es, it is being considered a good crypto to buy in 2023 by many experts. Here are three key reasons why InQubeta is worth the hype.

1. A versatile and utility-centric native token

To ensure all transactions on the platform are processed seamlessly, InQubeta has rolled out a native cryptocurrency called the QUBE token. The ERC-20 token can be bought on presale and has a 12-week vesting period. The QUBE token is a deflationary cryptocurrency that protects its holders’ returns against market volatility. The model keeps price fluctuations minimal by keeping the token supply scarce and below the quantity demanded in the market. If there are any extra tokens in circulation, they are ly burned or destroyed. Given its versatility, it’s no wonder that a lot of analysts are calling it one of the best altcoins to buy now

2. A decentralized governance

All significant changes to the InQubeta protocol are made by putting the proposed changes to a vote in which all stakeholders can participate. QUBE token holders can use their special voting rights to vote for proposals moved by other community members. The proposed changes can cover a wide range of topics including community initiatives, marketing activities, and product launches, among others. After the proposal is submitted, community members discuss the suggestions and weigh its pros and cons before putting it to a vote.

3. A seamless and intuitive platform for scoring funding opportunities

If you are launching a startup and are interested in exploring opportunities on InQubeta, the first thing you need to decide is what your company can offer an investor in exchange for the funding. The exchange can be a share in the startup’s equity or a reward level. Once finalized, the offer is tokenized into an NFT and is then posted on InQubeta’s NFT marketplace where investors can assess them

The investor can then go ahead and pay for an NFT if they agree with the startup’s conditions. As InQubeta offers the facility of fractionalization, investors can buy either a small part of the NFT or the entire asset. The feature makes InQubeta a budget-friendly financial instrument that can cater to the needs of a diverse range of user groups.

Tornado Cash Liquidity Shrinks Drastically as Holders Exit

Tornado Cash was launched to address issues related to anonymity and privacy in the cryptocurrency market, especially those connected to the traceability of transactions. The crypto mixer started its journey with the launch of the Tornado Cash v1 on an experimental basis. The software later evolved into a full-stack decentralized protocol that facilitates private transactions. Tornado Cash draws its efficiency by leveraging Ethereum-based smart contracts. Backed by these smart contracts, Tornado Cash offers high-end privacy by disrupting the link between sender and recipient’s addresses. Its native cryptocurrency is the TORN token

However, the platform has attracted negative publicity after its co-founder Roman Storm was arrested in August over money laundering charges and allegedly running a money-transmitting business without the required license. Storm recently appeared before the US District Court for the Southern District of New York and has pleaded not guilty to all charges. This has led to investors leaving and a decrease in liquidity and price.

Conclusion

If you are looking for the best crypto investment of 2023, InQubeta is sure to land on your watchlist. The cryptocurrency project has emerged as a solution for many fledgling startups that struggle to garner funds for their innovative projects. It enables investors who are a part of these projects to create a steady source of income to secure their financial future. What adds to the draw of InQubeta is features like a deflationary token and next-generation security to keep users’ assets secure

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