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Cryptocurrency News Articles
Dharma AMM Boosts Bitcoin DeFi Liquidity, InQubeta Raises $12.2M for AI Investments
Mar 25, 2024 at 01:00 am
Velar, a Bitcoin liquidity protocol, has launched Dharma, an automated market maker designed to enhance liquidity on decentralized finance applications on the Bitcoin network. This inaugural version of Dharma will be deployed on Stacks (STX), a Bitcoin layer 1 solution, and will feature decentralized exchange capabilities such as token swapping directly on the blockchain. Meanwhile, InQubeta (QUBE), a rising DeFi project, has surpassed its $10 million funding goal and is poised to raise more than Ethereum (ETH) did during its presale. InQubeta's blockchain, built on the Ethereum network, will create an investment platform that simplifies access to artificial intelligence investments, a sector expected to receive over $1.5 trillion in funding in the coming years.
Bitcoin DeFi: Dharma AMM Sparks Liquidity Hopes
Velar's latest innovation, the Dharma automated market maker (AMM), is poised to bolster liquidity within Bitcoin's decentralized finance (DeFi) landscape. The initial version, deployed on the Stacks (STX) Layer 1 solution, enables smart contract and DeFi deployment on the Bitcoin blockchain. This inaugural release features decentralized exchange capabilities, allowing users to trade tokens directly on the blockchain.
InQubeta: An AI Investment Revolution
Crypto newcomer InQubeta (QUBE) has surpassed its $10 million funding target, raising $12.2 million in its presale. As one of the hottest new DeFi projects, InQubeta aims to democratize artificial intelligence (AI) investments.
InQubeta's Ethereum Roots
Built on the Ethereum network, InQubeta leverages its functionality to create an investment platform for AI startups. With Ethereum's ICO raising $18.3 million, InQubeta's presale momentum suggests it could eclipse that milestone before its conclusion. This potential puts InQubeta on par with some of the most successful cryptocurrencies in history.
InQubeta's AI Investment Ecosystem
InQubeta's investment ecosystem connects investors with AI startups in a novel way:
- AI startups undergo an initial assessment to gain access to InQubeta's investment space.
- These companies tokenize investment opportunities into non-fungible ERC20 coins.
- Investors can acquire equity and other rewards by purchasing fractions of these NFTs using QUBE tokens.
- Investors can hold NFTs indefinitely or resell them on the marketplace at their discretion.
- Long-term QUBE holders can earn additional tokens through staking and participate in project governance.
AI's Transformative Power and InQubeta's Opportunity
AI is poised to reshape the world, and InQubeta makes it easier than ever to invest in the companies driving innovation. With over $1.5 trillion projected to flow into AI in the coming years, InQubeta's capitalization on blockchain technology positions it for significant growth.
Bitcoin DeFi: Dharma AMM's Significance
Velar's Dharma AMM is a major milestone in Bitcoin's DeFi evolution, making the network an increasingly attractive destination for decentralized finance. CEO Mithil Thakore emphasizes Dharma's non-custodial nature, empowering users to harness their assets without third-party interference.
Analysts' Bitcoin Outlook
Analysts see Bitcoin's expanding DeFi capabilities as a catalyst for price appreciation, potentially reaching $1 million by 2030. Despite recent price setbacks after an all-time high in March, Bitcoin's bull cycle may continue with the upcoming halving event.
QUBE and BTC: Investment Opportunities with Potential
Both QUBE and BTC offer significant investment potential in 2024 due to their ample room for growth. QUBE's focus on AI investments and the industry's expected growth give it a strong edge.
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