The Rise of InQubeta and Borroe Finance: Exploring the Shift in the NFT and AI Landscape

The Rise of InQubeta and Borroe: Exploring the Shift in the NFT and AI Landscape

The bear market of 2022 had a significant impact on the demand for cryptocurrencies, particularly in the decentralized finance (DeFi) and non-fungible token (NFT) sectors. Immutable X (IMX) and MultiverseX (EGLD), which were once hailed as altcoins to buy in 2021, saw their prices plummet by over 90% by the end of 2022. Despite their upgrades and ambitious vision statements in the NFT and metaverse subsectors, these projects have struggled to regain their former glory. However, the first half of 2023 has seen a shift in the market, with crypto projects incorporating artificial intelligence (AI) gaining traction and outperforming Bitcoin (BTC) and Ethereum (ETH). InQubeta (QUBE) and Borroe Finance (ROE) have emerged as popular altcoins to consider in Q4 2023, leveraging AI and NFTs to revolutionize crowdfunding and increase liquidity for web3 startups, respectively. This shift raises questions about the fate of Immutable X and MultiverseX and whether the best NFTs to invest in are now being minted on InQubeta and Borroe.

The NFT and Metaverse Crash of 2023

The crash of IMX and EGLD prices from early 2022 to the first half of 2023 can be attributed to the bear market. As crypto prices dropped and monetary policies shifted in Europe and the United States, investors moved their capital away from risky assets like Bitcoin to safer havens. This resulted in dwindling capital inflows, exacerbated by the decline of crypto platforms such as FTX and 3AC, which further impacted funds and activity in emerging subsectors like NFTs and the metaverse. The declining activity and worsening sentiment led to IMX and EGLD prices plummeting from their peak values of around $9 and $490 to a mere fraction of their former value, experiencing a drop of over 90%.

Supporters of Immutable X and MultiverseX remain optimistic that activity will recover in the coming months and lift prices. However, crypto investors have been actively seeking high-growth alternatives and closely monitoring coins that tap into emerging trends, particularly in the field of AI.

InQubeta and Borroe Finance: Riding on the Hopes of AI

The global AI market is projected to reach $241.80 billion in 2023, according to Statista, with forecasts from MarketsandMarkets estimating a market size of $1.345 trillion by 2030. Additionally, experts predict that crypto will become a $10 trillion market by 2030. InQubeta and Borroe Finance aim to merge these two burgeoning sectors, attracting value investors who recognize the potential of AI in the crypto space.

InQubeta has already raised over $3.4 million in its ongoing presale, with more investors flocking to acquire QUBE, its ERC-20 deflationary token, making it a standout ICO in 2023. The platform serves as a decentralized crowdfunding portal for ambitious crypto AI startups, allowing startups to create opportunities and investors to purchase these opportunities listed as fractionalized NFTs on the marketplace. Through fractionalization, anyone can participate, regardless of their budget. Transactions on the platform are conducted using QUBE, which can also be staked by token holders, further increasing their earning potential.

Borroe Finance has experienced significant success in its ongoing presale, having sold over 56 million ROE tokens. Supporters of the project anticipate that its funding marketplace will provide value to investors. By deploying on Polygon, Borroe can scale while maintaining a focus on the web. The contrasting performance of IMX and EGLD compared to QUBE and ROE underscores the importance of actively monitoring emerging trends. Early adopters of InQubeta and Borroe are optimistic about the future growth potential once their tokens are listed on exchanges. These tokens have already experienced triple-digit gains in the ongoing multi-phase presales.

Conclusion

As the crypto market evolves, it is crucial to adapt to emerging trends and explore projects that leverage new technologies. The rise of InQubeta and Borroe Finance showcases the growing interest in AI-powered crypto platforms. InQubeta's integration of AI and NFTs in a decentralized crowdfunding platform for startups has attracted significant attention, while Borroe's focus on increasing liquidity for web3 startups using AI and NFTs has also gained traction. These projects present investors with the opportunity to participate in the intersection of crypto and AI, tapping into the potential of both industries. While the fate of Immutable X and MultiverseX remains uncertain, the popularity of InQubeta and Borroe suggests that the best NFTs to invest in may indeed be minted on these platforms.