The cryptocurrency market has become a fertile ground for new altcoins bringing forth impressive value propositions. These new cryptocurrency projects coupled with trending technologies such as Artificial Intelligence (AI) have disrupted the market and attracted many new investors. The growth and adoption of cryptocurrencies has witnessed an exponential rise with the global market cap reaching $1.16 trillion. Let’s find out more about 10 such projects which are actively innovating in the AI sector.
One such project garnering the attention of both investors and enthusiasts is InQubeta (QUBE), the world’s pioneer cryptocurrency crowdfunding platform. The project has achieved a remarkable influx of funds during its presale stage with its groundbreaking idea of leveraging blockchain technology to address investment issues of AI start-ups globally.
Built on the Ethereum network, the QUBE token has the potential of redefining AI investment protocol and skyrocket investors’ crypto portfolios with its long-term benefits. Investors can learn more about InQubeta’s AI venture by participating in their presale.
1. InQubeta: First Cryptocurrency Crowdfunding Platform
InQubeta’s venture to create a democratic and accessible AI investment process has successfully attracted many investors and crypto enthusiasts. The huge attention it gathered from crypto users followed the remarkable ongoing presale performance where just the second stage the project has already raised over $2 million.
Built on the Ethereum blockchain, InQubeta aims to address the rising challenge of AI investment. The platform bridges the gap with the AI start-ups seeking investment and the investors willing to venture into such projects making it the world’s first cryptocurrency crowd-funding platform. Capitalizing on the decentralized nature of the blockchain and smart contracts, it enables investors to indulge in fractional investment using its native token, QUBE.
QUBE is an ERC-20 deflationary token and its supply gradually reduces over time to maintain its value in the market. Other than using the token to invest, the holders of QUBE can also stake it to draw passive benefits from the reward pool. The reward pool replenishes itself through the 5% proceeds of every transaction within the platform. The remaining 2% buy and sell tax is allocated to the burn wallet.
QUBE holders are also entitled to exclusive rights to the governance of InQubeta’s protocol. They can make decisions around proposing a change in the protocol and voting for its approval.
This project has attracted positive reviews from crypto analysts and security firms conducting audits have vouched for the safety of its smart contract making it the hot favorite of investors and traders looking for an innovative project. The price of the QUBE token is currently around $0.01 and it is easy to collect huge volumes of this upcoming new cryptocurrency.
Head over to the QUBE presale and earn potentially huge rewards by being an early adopter.
2. Artificial Liquid Intelligence: AI Protocol Driving Generative AI Economy
Alethea.ai is a research and development studio working closely with the two most transformative technologies of Artificial Intelligence (AI) and blockchain. The company’s mission is to facilitate decentralized and democratic ownership of AI. The AI protocol serves as a pillar to drive a Generative AI economy facilitating the governance, interoperability, and creation of AI characters and assets. The native token of the AI protocol is Artificial Liquid Intelligence (ALI). This ERC20 utility token, ALI, can be used to regulate, incentivize and reward the participants of the iNFT protocol. The token is a non-mintable long-term deflationary asset with a total supply of 10 billion. The number of tokens in circulation is reduced through the burn event.
3. Phoenix: A Blockchain Network Powering Decentralized AI
Phoenix is a layer 1 and layer 2 blockchain solution comprising a variety of Web3 and AI-driven applications. The layer 1 solution is a highly scalable blockchain compatible with the Ethereum Virtual Machine (EVM). It is designed for data-centric and computationally intensive applications. The layer 2 solution is a Web3-based infrastructure platform for AI and computation-centric tasks. Phoenix (PHB) is its native cryptocurrency operating on the BNB smart chain. It is an inflationary asset with an increment rate of 10% every year. PHB token is in a bullish trend with most of its users considering it a good cryptocurrency to buy. It is listed on several centralized exchanges where users can easily buy it.
4. Forta: Threat Detection Decentralized Network
Forta is a community-driven decentralized detection network. The network comprises several detection bots built by their Web3 developers and security experts to identify on-chain threats in real-time. The company has a native token, FORT which is an ERC20 token on the Ethereum network. In order to provide accuracy and integrity to the data provided by the network, both the detection bots and scan pools must have a minimum FORT staked. The governance of the Forta Network is facilitated by the Forta Foundation through its community members holding certain assets in the network. Backed by the terrific utility of identifying malicious activity and providing alerts on transactions, FORT can be a potentially good cryptocurrency to invest in.
5. OriginTrail’s Decentralized Knowledge Graph and Dual Token
OriginTrail is an open-source and permissionless network that combines knowledge graphs and blockchain technology to create a Decentralized Knowledge Graph (DKG). Its vision is to enable real-world adoption of Web3 technologies, especially in the supply chain sector. The DKG of OriginTrail is fueled by one of its native Tokens TRAC. TRAC is the first utility token of the company driving the creation of Web3 assets with a total supply of 500 million out of which 365 million is presently in circulation. It is a payment token for data exchange services within the network. TRAC tokens are paid to node runners for providing storage and computational resources it uses. The node runners can also stake the token to earn rewards. OriginTrial has another new token OTC used for gas and governance of OriginTrail para chain. Connecting the physical world with the digital, DKG offers enhanced transparency and security captivating the attention of several investors around the globe.
6. Numeraire (NMR): First Hedge Fund to Launch a Cryptocurrency
Numeraire is a hedge fund company leveraging the decentralized nature of the blockchain to build machine learning models used to predict the stock market. This Ethereum-based platform gained popularity being the first hedge fund to launch a cryptocurrency. It uses NMR, Numeraire’s native cryptocurrency to incentivize the data scientist for providing the best machine learning prediction models. The company claims to not trade in crypto. While weekly tournament payouts reward NMR tokens for successful predictions from the Numerai Treasury Wallet, the staked tokens are also destroyed for unsuccessful ones. The total supply of NMR is 11 million and all the tokens have already been minted. Their supply continuously reduces with time due to the token burn event executed for every unsuccessful prediction.
7. Dynex (DNX): Decentralized Neuromorphic Computing Network
Dynex is a decentralized platform for neuromorphic computing. It aims to create the world’s largest neuromorphic computing platform operating at a lightning speed – exceeding quantum computing. It utilizes a proof-of-useful-work (PoUW) approach, enabling miners to participate in the decentralized network capable of operating at high speed and efficiency. This is made possible through their unique chip algorithm called DynexSolve. The native utility token of Dynex is DNX and it is used to pay for the computing time. DNX can be obtained by either mining with the PoUW algorithm DynexSolve or trading on the exchange platforms. This new altcoin is a well-performing asset in the global cryptocurrency market with potentially high returns.
8. iExec RLC (RLC): Ethereum Powered Cloud Service platform
The iExec network relies on the Ethereum smart contract, connecting the cloud service providers with the cloud service buyers. The company aims to facilitate easy, secure, and scalable access to services, datasets, and computing resources. It supports applications in the field of healthcare, AI, big data, rendering, and fintech. Powering the iExec network is its native cryptocurrency RLC. The iExec network is made up of computing resource providers called iExec workers. Any user who chooses to become an iExec worker can connect their machines and will be rewarded with RLC tokens for contributing their resources. There are 72 million tokens in circulation in the cryptocurrency market.
9. VAIOT: Transforming Digital Access through AI and Blockchain
Vaiot capitalizes on two trending technologies, blockchain, and artificial intelligence to create new ways of digitally accessing services. It acts as both a broker and aggregator for many products and services. It serves as a personal assistant enabling the business and customers to use a set of technologies called Intelligent Contracts even on a mobile device. The VAIOT platform utilizes a digital currency, VAI, as a settlement method for goods and services, payback bonuses, and rewards. The VAI tokens were issued through two phases: during phase 1, 312 million tokens were in circulation and in phase 2, 400 million tokens were issued. VAI tokens can be traded in both centralized and decentralized exchanges with Uniswap V2 (Ethereum) being the most popular one. It continues to gain immense traction from its community due to its distinctive utility and diverse features.
10. SingularityNET Leading the World’s Most Expressive Robot Project, Sophia
SingularityNET is a globally accessible AI marketplace that allows anybody to create, share and monetize AI services. It is a blockchain-powered platform that enables users to browse, test and purchase a variety of AI services using their native token, AGIX. The team behind SingularityNET also took the lead in developing the world’s most expressive robot, Sophia. Their objective was to make Sophia fully understand human language. The company completed its cryptocurrency ICO in December 2017 raising $36 million. AGIX can be traded on centralized exchanges. By providing a marketplace for AI developers to publish and sell their services, AGIX remains the top pick of many investors and the developer community.
Conclusion
These top 10 new altcoins have gained a lot of popularity in the cryptocurrency market through their innovative approach of combining the two most trending technologies of blockchain and artificial intelligence.
With the heavy influx of new cryptocurrencies in the market, investors often have one major question: which cryptocurrency to buy today for long-term gain? There is a unanimous vote for InQubeta’s AI-driven funding raising platform and its unique model has earned a lot of praise from many analysts.
This Ethereum-powered platform has already stood out with its remarkable presale performance and novel idea of making the AI investment process simple and secure. Many analysts and developers globally have ranked InQubeta’s (QUBE) project as one of the best cryptocurrency investments of 2023.
