There are more than 420 million cryptocurrency users worldwide, and an average crypto user’s annual income is around US$25,000. Surprise, right? From being neglected as a digital asset to becoming one of the most profitable financial instruments globally, cryptocurrencies have come a long way. Driving a wave of financial inclusion, these blockchain-powered assets provide a seamless experience as they are not controlled by a central authority.
If you want to start your crypto journey this July, there are many great crypto coins that you can choose from. Take the example of Incubetta (QUBE) It is a decentralized platform designed for startups powered by Artificial Intelligence (AI). It is powered by the Ethereum network which increases its efficiency and security. In addition, its smart contracts are also audited by leading security companies such as BlockAudit and Hacken, so startups can be assured of accessing real fundraising opportunities.
The list below features nine more altcoins like Incubetta that are perfect for making it big in the crypto market.
1. Incubetta: Harnessing the power of AI to fuel industry growth
Incubetta is a new cryptocurrency platform. It acts as a bridge between startups and potential investors and ensures mutually beneficial opportunities on both sides. As startups hope to receive funding to help them expand, investors can explore innovative projects even before their market launch.
The platform has a native cryptocurrency that is used for all transactions on the network, including staking and tax payments. The local coin is called the QUBE token and is built on Ethereum’s ERC-20 standard.
The QUBE token is currently available for presale – which will be split into phases. Currently in its second presale phase, the cryptocurrency ICO has raised $1.3 million in funding so far. All tokens purchased will have a 12-week lock-in period, after which they will be accessible to buyers. A vesting period is believed by the Incubetta team to ensure that tokens are released in phases rather than all at once. If these tokens are released simultaneously, they will affect the token price.
Any startup interested in onboarding InQbeta needs to decide what they want to offer their investor in exchange – this could be a reward level or a stake in their company’s equity. The reward is represented as an NFT, and investors can value them on Incubeta’s NFT Market. If they are convinced about the opportunity, they can purchase it using their QUBE tokens. Investors also have the option of buying a portion of the NFT.
One of the main USPs of Incubetta is its staking mechanism, where token holders can earn their coins as rewards. These rewards are distributed from a dedicated poll maintained using sales tax revenue.
2. DigiToads: Revealing the Magic of Hybrid DeFi
DigiToads’ claim to fame is its financial framework that leverages the potential of hybrid DeFi. The model of the platform is developed by combining three cryptocurrencies – a stake-earning platform, a play-to-earn game and a meme coin. So, one can stake NFTs, trade tokens, win cryptocurrencies in web 3.0 games and win rewards in prize draws on a single platform. With such versatile features, DigiToads has managed to achieve stellar growth despite the influx of new altcoins in the crypto market over the past few months.
The platform’s native coin, the TOADS token, facilitates all transaction uses. The DigiToads team organizes trading competitions every month where the participant who books the highest trade volume in a month is declared the winner. The winner and the platform share the profits. The successful participant will also get to learn about treasury management from the DG Todds team. After learning the necessary skills, these participants will also get to assist the team in managing the treasury.
3. Cardano: Driving benefits with the Ouroboros protocol
Cardano is a decentralized platform for deploying user-friendly and secure dApps. Cardano is powered by the Ouroboros protocol, developed using a methodology supported by evidence-based results and peer-reviewed research. The network has a native cryptocurrency—called ADA—that Cardano uses as a medium of exchange for users. Since Cardano uses a proof-of-stake consensus algorithm, it is an environmentally friendly network. A major USP of the platform is its security framework that protects users from Sybil attacks and other concerns. All transactions processed on the network are retrieved and validated using the extended UTXO model.
4. Polygon: Harnessing the potential of zero-knowledge technology
Polygon provides a great crypto to make access to zero-knowledge technology more accessible to developers looking to scale Ethereum-friendly dApps and tools. One can also build a wide range of decentralized infrastructure using the platform, including blockchains, decentralized identities, and app-specific networks. The platform also has a native token called MATIC, which is used to fulfill various transaction obligations on the network. One of Polygon’s most popular features is the Polygon PoS solution, which helps developers build public blockchains that process transactions at high speeds and for nominal fees.
5. Litecoin: Where high throughput meets hyper-efficiency
Litecoin may have been created as a spin-off of Bitcoin, but it has managed to carve out a niche over the years. A key difference between Litecoin and Bitcoin is that it uses Scrypt technology instead of a consensus protocol such as Proof-of-Work. Additionally, its block transaction times enable its network to process lightning-fast transactions and clock high throughput. The native cryptocurrency of the open source platform is the LTC token, which is the primary coin on the network.
6. Arbitrum: Scaling to new heights with Ethereum-based tools
Arbitrum is a Layer 2 scaling solution for Ethereum-based decentralized tools and dApps. A lot of developers seem to like it because they take advantage of optimistic rollups to increase the scalability, speed, and cost-effectiveness of working on Ethereum. Since most of the storage and computation load is off-chain, Arbitrum can clock higher throughput and lower gas fees than many popular blockchains. It has a native token called ARB, which doubles as a utility and governance token on the network. What many people don’t know about arbitrage is that it can support EVM transactions and contracts without any modifications. This allows developers to run any existing Ethereum-friendly dApp on Arbitrum without modifying its code.
7. Quant: An interoperable network of blockchains with unparalleled efficiency
Quant is an interoperable network of globally scalable blockchains. What sets Quantum apart is that it can scale seamlessly without affecting the efficiency of dApps or the functionality of blockchains. It is powered by a state-of-the-art distributed ledger technology called the Overledger Network that facilitates communication between blockchains. Quant’s native token is QNT, which is used for many transactions on the network. What’s more, Quant can read and monitor transactions through ledgers. Developers can even deploy smart contracts across multiple blockchains.
8. STACKS: A blockchain protocol based on Bitcoin
Stacks are a Bitcoin layer for deploying smart contracts. With smart contracts and dApps built on stacks, developers can process transactions on the Bitcoin blockchain and use its BTC token as an asset. Using Bitcoin L1 as a settlement mechanism, Stacks unlocks even more applications for the pioneering cryptocurrency. Classified as one of the best crypto coins of 2023, Stacks uses a proof-of-transfer consensus protocol. Another key feature of the platform is that it uses the Clarity language. STACKS has a native cryptocurrency called STX that is used for advanced transaction purposes on the network.
9. Lend: Making Borrowing With Crypto Assets Seamless
Lend Finance is a state-of-the-art decentralized platform that allows users to issue crypto tokens at optimized interest rates. Because Lend Finance has a cross-chain DeFi model, borrowers can access liquidity from any blockchain network. Its native token is LEND, which is the primary crypto coin on the network. LEND token holders can earn passive income not only by supplying liquidity to the markets, but also by investing these coins in exchange for rewards. Another feature of the platform is its LEND DeFi Academy, where its users have a chance to win NFTs and other attractive prizes. Additionally, Lend Finance shares half of its protocol revenue with stakers and other community members.
10. Sui: Discovering the Efficiency of Object-Oriented Modeling
Sui is a layer 1 blockchain where developers can find a lot of tools to build secure and scalable dApps. Its native token is SUI, which is used for various transactions such as staking. What makes SUI unique is its object-centric model, where objects, not users’ accounts, are considered the basic unit of data storage. These projects have different attributes and can be programmed. This model enables Sui to support a wide variety of dApps at an affordable cost. A lot of developers choose Sui because of its parallel processing feature. With parallel processing, even simple transactions like asset transfers can be completed in seconds.
Conclusion
If you are confused and unable to choose a good crypto to buy, the cryptocurrencies mentioned above are good options to consider. These cutting-edge crypto projects are utility-driven tokens that will not only increase your crypto gains but also diversify your portfolio. However, if you ask analysts which crypto to buy today for the long term, most of them are going to recommend Incubetta to you. In their recent reviews of the QUBE token, analysts praised the platform’s industry-linked use case, which could drive growth across dynamic sectors such as startups. Another benefit that users get with Incubetta is its decentralized governance structure, where they can contribute to the growth of the platform and get rewarded for their active participation.
Crypto users are advised to research the token before purchasing it as the market may change due to global economic factors. By researching a token before purchasing, buyers can identify the risks associated with a crypto project and make well-informed decisions.
Visit the InQbeta Presale