Meanwhile, one project that looks to capitalize on the hot AI narrative is InQubeta, raising over $12 million in its crypto presale today.
The crypto market is going through a harsh pre-halving correction, with most major altcoins down over 10% in the last 24 hours while Bitcoin and Ether are down 7% and 6% respectively.
“interested to see how reacts to these major macro events, given it’s been running in isolation recently” InQubeta aims to revolutionize how AI startups raise funding by leveraging crypto and NFT technology. Through its NFT marketplace, AI companies can launch crowdfunding campaigns where their startup is represented as a fractionalized NFT. This allows investors of all levels to participate by purchasing portions of the NFT using the QUBE utility token. Investors then receive a share of the startup’s profits disbursed in QUBE tokens.
AI startups must meet criteria around growth potential, alignment with InQubeta’s principles, and credibility of their mission to get listed on the platform’s curated NFT marketplace.
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