The presale process is an important phase for a newly launched cryptocurrency. The presale phases are usually divided into stages and it is a good opportunity for users to accumulate an upcoming token ahead of its main launch on various exchanges.
Many new altcoins have had successful presale stages and have gone on to clock record-breaking profits. During a presale stage, a crypto project gains funding while investors get to buy tokens at discounts and can also receive attractive bonus offers.
InQubeta (QUBE) is among the recent examples of cryptocurrencies that have witnessed stellar presale growth. Its cryptocurrency ICO recently crossed $6.2 million.
Analysts who have been tracking the token feel that it has the potential to surpass established names like Arbitrum and Render in the long term.
InQubeta utilizes NFTs to help startups raise funds
InQubeta is an ideal option for crowdfunding and aims to stimulate the AI startup ecosystem. It is built on Ethereum and hence is efficient and cost-effective. InQubeta caters to startups and helps investors get access to quality projects, letting them invest in the early stages.
It has multiple budget-friendly features that crypto users with different budgets and experience levels can buy. Its native crypto is the QUBE token and it is used as the medium of exchange for all transactions on InQubeta.
The decentralized governance structure of InQubeta is mostly dependent on the QUBE coin. Every major decision on the platform is decided by the community as a whole and never by a single entity.
If a member suggests making modifications, it will be considered before going to a vote. Token holders utilize their unique voting privileges to voice their opinions throughout the voting procedure.
The first step towards securing funding on InQubeta is to come up with a rewards-based offer. These offers are tokenized as NFTs and represent the different rewards and opportunities that an investor can get.
After the NFT is minted, it is then listed on the InQubeta marketplace. Buyers can evaluate and choose which NFTs they want to buy at this online marketplace.
These NFTs can be bought with QUBE tokens, which powers seamless and efficient transactions. The NFTs can also be divided into smaller assets so that buyers who are on a budget can get involved.
After the purchase is complete, the funds are transferred to the respective startup. Once they secure the funding, startups will be a part of a thriving community of stakeholders who are committed to making the project a success.
By purchasing a startup’s NFTs, investors also become eligible for privileges like access to new products and profit-sharing.
Arbitrum: A Layer 2 protocol to build on Ethereum’s efficiency
Arbitrum is among the best altcoins for 2023 and it helps developers build on Ethereum’s efficiency with various tools.
The Layer 2 blockchain is preferred by many developers as they can scale Ethereum-based dApps easily through its technology. Its tech stack includes Arbitrum Nitro which balances security with scalability. Using the Arbitrum Nitro stack, developers can gain benefits like a high throughput and affordable operational costs.
The platform’s native token is ARB which is the official medium of exchange of the Arbitrum network. The Nitro stack has two variants – Rollups and AnyTrust. The Arbitrum Rollup is used for scaling dApps seamlessly without hampering security. Arbitrum AnyTrust is a scaling solution for gaming and social platforms.
Arbitrum is highly cost-effective and the ARB token has delivered huge returns in the past.
Render: Catalyzing the rendering services space with decentralization
The Render network uses a decentralized GPU processing model to provide rendering services. These services can be used for both 3D rendering tasks and upcoming applications. The platform allows for customisations like an increase in rendering speed, which can reduce costs.
Through the Render network, studios and artists can rent unused GPU computing systems and reward the service providers for their efforts.
The platform’s native token is RNDR and it’s used for all transactional purposes within the network. Service providers are paid for their efforts with the RNDR token.
Unless the artwork is verified, these tokens are held in an escrow account and once the artist or studio manually verifies the commissioned artwork, the payment is released.
Conclusion
A presale is a fantastic opportunity to gain the early mover advantage for crypto users. Render and Arbitrum have had impressive presale stages and later went on to become top crypto to invest in.
InQubeta could soon follow the growth trajectory demonstrated by other tokens and many experts have also predicted a bull rally for the QUBE token in the long term.
The utility-focused models of these tokens have played a key role in boosting their popularity. They sport well-rounded DeFi models that can promote long-lasting earning opportunities.
