Ripple CTO David Schwartz recently shared his insights about the new trends that could change the DeFi landscape in 2024. His predictions included the tokenization of real-world assets (RWAs) becoming more popular.
According to experts, the use of tokenized RWAs powered by the XRP Ledger can boost the institutional adoption and interoperability of Ripple (XRP).
Schwartz also predicted that the synergy between artificial intelligence (AI) and blockchain is likely to take center stage in the New Year. He suggested that the technologies could drive impact for cybersecurity and financial services.
Ripple CTO’s observations come at a time when AI-based altcoins like InQubeta (QUBE) are making rapid strides in the crypto sector. Launched in 2023, InQubeta is an Ethereum-supported platform that helps startups find investors. The platform posted one of the highest presale figures in 2023, and it is still only in stage six of ten presale stages.
Having raised $8 million so far, analysts feel it’s only a matter of time before InQubeta’s cryptocurrency ICO crosses the $8 million mark.
InQubeta: Enriching the startup ecosystem with DeFi
InQubeta has emerged as a readily accessible fundraising option for AI startups. The platform leverages Ethereum’s flexibility to cater to different requirements of budding companies.
Its native cryptocurrency, the QUBE token, is a versatile asset to meet all transactional needs on the network.
The token has a supply of 1.5 billion. These tokens are spread out across different uses, which include public sales, funding marketing campaigns, and distributing rewards.
Ditching the old-school way of raising funds, InQubeta proposes a new-age investment model that’s quicker, seamless, and transparent. It facilitates investment deals through its NFT marketplace where the NFTs sold represent startup projects. These tokenized assets stand for the rewards offered by a company to its investors. After a careful evaluation of different projects, investors can buy an NFT or a fraction of it with QUBE tokens.
For startups, InQubeta has much more to offer other than funding. The platform has a team of experts that can guide enterprises through various stages of business development. These services also give it an edge over other new altcoins.
The most popular of these services are mentorship and guidance. Innovators can interact with experts from the AI sector to learn about challenges in scaling and gain from their insights.
Legal matters are another area where startups can find support on InQubeta. Launching a business can be a tricky job. With InQubeta’s help, startups can navigate through these challenges with cogent advice.
Lastly, startups can access InQubeta’s network of professionals and investors by tapping into its social media and marketing channels. With such marketing support, they can ramp up their brand awareness and expand their network.
Ripple partner SBI announces new partnership with TradeFinex
Ripple is an online portal supporting high-speed crypto payments from anywhere in the world. The XRP Ledger technology forms the backbone of the Ripple ecosystem. Its flexibility and scalability make it ideal for businesses looking to leverage blockchain technology for expansion.
Ripple’s native token, XRP, is among the top crypto to invest in and can be spotted among the Top 10 coins on leading exchanges.
Ripple has driven global impact with services that help governments roll out central bank digital currencies (CBDCs). Using Ripple’s Web 3.0 infrastructure, financial institutions can explore the benefits of DeFi and create their cryptocurrencies.
Ripple’s growth is impressive, given the regulatory crackdown in the US against crypto assets in 2023. Its victory in a legal dispute where the US SEC accused the platform of selling unregistered securities also helped its case.
In the New Year, Ripple is expected to explore new growth avenues in Web 3.0 and blockchain. Its CTO, David Schwartz, recently hinted at Ripple exploring the use of tokenized RWAs in sectors like real estate and commodities.
Its partnerships with global players could also play a huge role in its journey. Recently, Ripple partner SBI Holdings announced that it would be partnering with TradeFinex to form a new entity that would focus on the XDC Network.
Conclusion
After topping every list for best altcoins for 2023, Ripple and InQubeta are all set to make their mark in 2024. Bolstered by their strong growth and industry dynamics, the two tokens are poised to reach new heights in the coming months.
These two tokens aim to take DeFi to the last mile customizing solutions for enterprises. Ripple is helping businesses solve growth challenges with blockchain.
The new player InQubeta, is enabling startups to use the technology to raise funds. These two coins can help to catalyze the global business landscape with DeFi solutions.
