InQubeta (QUBE), a leading AI investment platform, secures $2.5 million in funding as API3 witnesses a 25% weekly price surge, propelling its market cap beyond $100 million.
InQubeta Raises $2.5 Million in Funding Round
In a recent development, InQubeta (QUBE), a pioneering platform that enables individuals to invest in the future of AI technology, has successfully secured $2.5 million in a funding round.
The platform, powered by QUBE, the world’s first AI crypto crowdfunding token, offers investors the opportunity to support AI start-ups and play a role in shaping the next wave of technological innovation.
Through a unique fractional investment system, InQubeta empowers investors to own a portion of promising AI start-ups.
By converting investment opportunities into trending NFTs and fractionalizing them, the platform ensures that backers with varying budgets can actively participate as early supporters.
The NFT marketplace aspect further enhances this process by listing minted investment opportunities, enabling QUBE token holders to invest in these promising ventures.
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The QUBE Advantage
Central to InQubeta’s ecosystem is its native QUBE token, designed to function as a governance and utility token. According to the platform, holders of QUBE tokens can actively engage in decision-making processes that shape the platform’s development, operations, and future direction.
This governance mechanism aligns with the platform’s democratic and community-driven ethos, encouraging active involvement from token holders.
Additionally, InQubeta employs measures such as supply cuts through burn taxes to sustain the long-term value of $QUBE tokens.
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API3’s Innovation in Decentralizing APIs
On a parallel note, API3 facilitates decentralizing application programming interfaces (APIs).
The project addresses a key challenge in the smart contract ecosystem—reliable and trustworthy data.
API3 aims to resolve existing inefficiencies introduced by intermediaries like oracles by integrating APIs directly into the blockchain.
Unlike traditional oracles, API3’s Airnode introduces a unique approach, ensuring data integrity and transparency while linking smart contracts with external data sources.
This innovation minimizes the susceptibility to manipulations that centralized oracles might face. With a focus on empowering API providers to establish and manage their nodes, API3’s approach contributes to decentralizing data access.
API3 (API3) has showcased remarkable growth in the cryptocurrency market over the past seven days.
The price of API3 has surged by over 25% during this period, reaching a value of $1.18. With a circulating supply of 86 million API3 tokens, this surge has propelled API3’s market capitalization to over $100 million, currently valued at $101,778,771.
AI Investment and Decentralized APIs
Both InQubeta and API3 are relevant players in the ongoing developments within the cryptocurrency and blockchain space.
InQubeta’s funding success demonstrates the growing interest in AI-related investments, highlighting the platform’s potential to reshape how individuals support AI start-ups.
On the other hand, API3’s approach to APIs showcases a significant stride toward decentralization, contributing to the overall maturation of the smart contract ecosystem.
The post API3 Passes $100M Market Cap Following 25% 7-Day Rally: InQubeta Raises $2.5M appeared first on BeInCrypto.