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Cryptocurrency News Articles
Qubetics ($TICS) Token Presale Enters 14th Stage, Targeting Real-World Asset Tokenization
Dec 28, 2024 at 04:02 pm
In the ever-evolving world of cryptocurrency, staying informed about emerging opportunities is crucial. Recent developments have spotlighted Avalanche's network upgrades and Terra's legal challenges, underscoring the dynamic nature of the crypto landscape.
Amidst the ever-shifting landscape of cryptocurrencies, several key developments have recently emerged, highlighting promising opportunities and presenting challenges within the digital asset realm.
One notable project that has been gaining traction is Qubetics ($TICS), which is spearheading efforts to integrate real-world assets into the crypto space. This approach enables tangible assets, such as real estate, art, and commodities, to be represented digitally on the blockchain, thereby enhancing their accessibility and tradability.
For example, a real estate investor based in New York City can now diversify their portfolio by purchasing tokenized shares of a luxury apartment in Paris, a commercial property in Tokyo, or a beachfront villa in Bali—all without navigating the complexities of international transactions. This level of accessibility was previously unimaginable.
Similarly, an art enthusiast in Los Angeles can now own a fraction of a Picasso painting, sharing ownership with others around the globe. This democratization of asset ownership opens new avenues for individuals and businesses to invest in assets that were once out of reach.
Further enhancing this ecosystem is the Qubetics Wallet, a non-custodial, open-source platform that integrates seamlessly with various payment systems. A recent partnership between Qubetics and SWFT Blockchain has elevated the wallet’s capabilities, introducing unmatched cross-chain functionality.
This collaboration ensures that whether you’re a seasoned investor or new to decentralized finance, the Qubetics Wallet provides a secure, efficient, and user-friendly experience.
Currently in its 14th stage, the Qubetics presale has already raised over $7.9 million, with more than 379 million $TICS tokens sold to over 12,100 holders. Each stage lasts seven days, concluding every Sunday at midnight, followed by a 10% price increase. The current price is $0.0377 per token.
Analysts are optimistic about $TICS’s potential. Projections suggest that by the end of the presale, the price could reach $0.25, translating to a 563.81% return on investment (ROI). Post-presale, estimates indicate the price could rise to $1 (2555.25% ROI), $5 (13176.28% ROI), or even $10 after the mainnet launch (26452.56% ROI).
For instance, an investment of $798,000 at the current price of $0.0377 per token could yield substantial returns if these projections hold true.
For more information about this project, you can watch this video:
Another major development in the crypto space is the technological advancements being made by Avalanche. This platform has been upgrading its network to enhance scalability and reduce transaction costs, catering to the needs of both users and developers.
One significant upgrade is Avalanche9000, which introduces features that could potentially increase transaction throughput and lower deployment costs for developers. This upgrade was launched on the mainnet, aiming to transform the platform’s capabilities.
Specifically, Avalanche9000 aims to reduce smart contract costs and bolster cross-chain features, making it more attractive for developers and users alike. This upgrade is expected to facilitate the creation of hundreds of new Layer 1 blockchains, expanding the Avalanche ecosystem substantially.
These developments could position Avalanche as a strong contender in the blockchain space, potentially increasing its appeal to investors seeking the best altcoins to buy and hold for the long term. The platform’s focus on scalability and developer-friendly features could drive increased adoption, positively impacting its long-term value.
In contrast to the promising developments surrounding Qubetics and Avalanche, Terra has faced challenges following the collapse of its TerraUSD and Luna tokens in 2022, which resulted in significant investor losses. Recently, Terraform Labs agreed to a $4.5 billion settlement with the U.S. Securities and Exchange Commission over allegations of fraud.
The settlement includes $3.5 billion in disgorgement, $460 million in interest, and $420 million in civil penalties. Additionally, founder Do Kwon will personally contribute $200 million and is barred from serving as an officer or director of any public company. This settlement aims to compensate affected investors and deter similar misconduct in the future.
While Terra’s recent legal resolutions may provide some closure, the platform’s future remains uncertain. Investors should exercise caution and conduct thorough research before considering Terra as a long-term investment option.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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