Missed the Injective Protocol Huge 2023 Growth? These AI Cryptos Are Ones To Watch
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice
Crypto found its footing in Q3 2023, stretching gains and rejuvenating investors battered by the bears of 2022.
Bitcoin (BTC) dominated headlines, not because of its stellar growth but mainly because of warming regulations in the United States and the country’s often strict SEC potentially authorizing a spot Bitcoin ETF.
While crypto and Bitcoin posted growth, it boosted and amplified Injective Protocol (INJ) gains. Looking at price charts, INJ’s march has been noteworthy. INJ is near all-time highs and may break higher going forward. The token is already up nearly 1,800% this year alone, rising from around $1.2 to over $23 in mid-December.
Because of this, investors who missed the rally are exploring alternatives. Some of these projects being examined are artificial intelligence (AI)–driven and are currently in their formative stages, raising funds via presale.
InQubeta (QUBE), Golem (GLM), and BorroeFinance (ROE) have been picked by investors.
InQubeta: Simplifying Investment in AI
InQubeta is an Ethereum-based platform designed for crypto investors to get exposure in vetted AI projects leveraging the blockchain.
Through their native governance and utility token, QUBE, holders can purchase opportunities presented as NFTs by projects. These NFTs have been fractionalized, meaning the cost of entry is lower. All trading–buying and selling of NFTs–is via an internal marketplace where they are traded at a discount.
QUBE is deflationary and can be staked for rewards.
Tokenization democratizes access for anyone, anywhere in the world, to invest in crypto start-ups.
Thus far, InQubeta has raised over $6.7 million in the ongoing presale. More than 630 million QUBE have been sold.
BorroeFinance: Opening Liquidity for Web3 Creators and Businesses
BorroeFinance is building a funding marketplace on Polygon, an Ethereum sidechain offering high throughput and low fees. The platform aims to provide immediate liquidity for web3 businesses or creators like musicians and other artists.
All they have to do is tokenize their future earnings from subscriptions or royalties, turning them into NFTs that can be sold in the internal marketplace at a discount. All transactions are done via BorroeFinance’s ERC-20 token, ROE.
The protocol relies on artificial intelligence (AI) for risk assessment, ensuring the buyer and the seller receive the best terms.
As of mid-December 2023, BorroeFinance had raised over $1.86 million in their presale.
Golem: decentralizing computing
Golem is one of the earliest crypto projects set to connect clients needing computing power with sellers who have an excess of the sometimes scarce and limited resource.
By tapping into the blockchain, Golem bypasses the limitations faced by traditional cloud computing providers. Adequate computing is necessary for AI to thrive and permeate, drawing more users. This is a gap Golem can fill, giving it an edge.
GLM is the native token of the project and is used as a medium of exchange. Thus far, GLM is up 50% from September lows.
Conclusion
QUBE, ROE, and GLM are crypto AI tokens that seemed to have benefited from the recent leg up. While INJ is presently at around 2023 highs, investors looking into the crypto AI scene can also examine QUBE, ROE, or GLM. While GLM powers the more established Golem ecosystem, investors looking for new projects can explore QUBE and ROE whose presales are in progress.
InQubeta Presale | BorroeFinance Presale | InQubeta Communities
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