As U.K. Crypto Asset Regulation Bill Fuels Growth, InQubeta is on course for a 100x

As U.K. Crypto Asset Regulation Bill Fuels Growth, InQubeta is on course for a 100x

InQubeta (QUBE) tokens are expected to increase in value by up to 100x in 2023 as the United Kingdom passes its Financial Services and Markets Act of 2023. It’s a reform bull that recognises cryptocurrency trading as a regulated financial activity. It’s a move that some say is an indication of the U.K.’s intent to become the main cryptocurrency hub in Europe.

While increased regulation isn’t necessarily what companies and exchanges already operating in the space want to hear, cryptocurrencies getting formally recognised by the U.K.’s government gives the industry more legitimacy, which helps their mainstream adoption. The U.K. Treasury referred to cryptocurrencies as a “rocket boost” for the economy in a recent press release.

While the U.K. has made significant steps to push forward the adoption of cryptocurrencies, the US Securities and Exchange Commission (SEC) recently filed charges against the two largest cryptocurrency exchanges in the world: Binance and Coinbase.

InQubeta (QUBE) poised to see 100x growth

The InQubeta project is a crowd-funding platform that helps artificial intelligence startups to raise capital while creating an entry-free way for investors to buy equity. It sidesteps the barriers associated with many mainstream investment channels like high fees or needing elite connections for entry.

Such practices reduce the effectiveness and accessibility of mainstream investment channels, stifling the flow of capital to companies that need them while preventing potential investors from capitalising on opportunities.

InQubeta’s platform provides a win-win for both parties, funnelling more funds into the AI industry while making investments in the sector more accessible.

InQubeta’s approach to investing

The QUBE project harnesses the power of non-fungible tokens (NFTs) to create a secure and transparent way for investors to invest in AI startups and for those companies to get the funds they need to innovate. Companies raise money by minting equity-based NFTs that are reviewed by the operations team before being listed on the marketplace.

Investors purchase the tokens of any firms they think have the potential to innovate with $QUBE tokens. These deflationary tokens have a fixed supply of 1.5 billion, so investors can also make profits by simply holding on to them. Deflationary protocols like a 2% burn tax on marketplace transactions help to promote price growth. Tokens accumulated via the tax are transferred to burn wallets for permanent removal from circulation. $QUBE tokens can also be staked to earn additional tokens and give investors a voice in the ecosystem’s governance.

Artificial intelligence has emerged as one of the hottest topics in the crypto space, with investments going from only $12 billion in 2015 to $119 billion in 2022. Total investments in artificial intelligence are projected to go over the $1.5 trillion mark by 2030.

Many in the crypto space point to InQubeta’s success as a sign AI-driven cryptocurrencies are already enjoying a massive influx of these funds.

AI has the potential to be the biggest technological breakthrough in human history, and those who invest in startups that end up changing how industries operate will enjoy substantial returns on their investments, much like those who backed the right dotcoms in the late 90s did.

U.K. crypt asset bill is one of the best news the cryptocurrency space has enjoyed all year

The SEC’s decision to go after the two biggest cryptocurrency exchanges left many investors worried about the future of cryptos as it appeared the U.S. government was clamping down against cryptocurrencies. News of one of the most influential governments in the world opening up to cryptocurrencies has been well received. Some would even credit the law for the minor bull run many altcoins have recently enjoyed.

Summary

InQubeta’s presale continues to outperform all projections thanks to various factors like its easily accessible investment opportunities and governments like the U.K. warming up to cryptos. InQubeta prices could easily increase by up to 100x after its launch as investor confidence grows and the market price of $QUBE tokens is established.

Visit InQubeta Presale

Join The InQubeta Communities

Sponsored


WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost

AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido

Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.

Author badge placeholder
Written by

Guest Writer

Comments