The US Securities and Exchange Commission’s decision on Bitcoin ETFs has opened the way for other cryptocurrency projects to gain approval to launch exchange-traded funds. Some analysts are now predicting that Chainlink (LINK) might be the next crypto to launch ETFs given how much utility LINK tokens are getting in the tokenization sphere as firms move into the tokenization of real-world assets.
Asset managers like ARK Invest are already using LINK to prove their Bitcoin holdings, and this real-world utility might be enough to move Chainlink to the head of the ETF line. 21Shares, ARK Invest’s ETF partner, already holds over 693,639 LINK tokens and offers them to its institutional investors, showing a market already exists for a Chainlink ETF.
One of Chainlink’s competitors in the artificial intelligence (AI) crypto category, InQubeta (QUBE), is also getting lots of attention from investors across the board. The crowdfunding project is already being called one of the best defi coins ever launched, thanks to the ingenious way it plans to open up investment opportunities in the AI space. InQubeta has outperformed Chainlink in the past 12 months as prices have grown 250%, compared to the latter’s 187% growth.
Popular NFT crypto InQubeta (QUBE) looks to redefine cryptocurrency investment spaces
InQubeta uses blockchain technology to provide an efficient way to acquire equity in AI firms without the entry barriers that often keep people away from mainstream investment alternatives. It’s one of the top ICOs going on right now with over $11 million in token sales already raised.
InQubeta uses excellent tokenomics and a democratic governance model to secure its long-term price growth. Its native currency QUBE is a deflationary currency with its supply limited to 1.5 billion and burn taxes to bring that number down some more.
Investors don’t just get to earn tremendous profits by holding on to QUBE, they also get a say in how the project operates. The size of an investor’s bag determines how much weight their votes have.
Artificial intelligence is expected to transform what the world looks like in the next decade and it will also create highly profitable investment opportunities as is often the case with technological revolutions. InQubeta intends to open up global access to such investment opportunities, allowing all those who wish to invest in artificial intelligence to do so on its secure and transparent investment ecosystem.
Decentralized investments in InQubeta’s investment space
Non-fungible tokens (NFTs) are used to tokenize real-world investment opportunities on the InQubeta network. These tokens play similar roles as stocks in the ecosystem, offering investors equity and other rewards like profit-sharing.
AI startups make these tokens and sell them to investors on the NFT marketplace. The startups get QUBE, which they can convert to fiat, while investors get to own a percentage of their firms. It’s a mutually beneficial ecosystem for both parties.
Chainlink (LINK) set for considerable growth as utility grows
LINK’s price is expected to continue rising as more institutions adopt blockchain tokenization. Sergei Nazarov, Chainlink’s CEO, believes financial institutions will create a token economy when the ETF mania dies down.
Nazarov suggests another round of securitization will follow the launch of several crypto ETFs given how many assets can be tokenized from interest-bearing assets to real estate.
Chainlink’s Oracle blockchain allows external data to provide real-world data to blockchain systems. This utility will play a major role in the tokenization wave of the future. For example, they can be used to ensure banks have the collateral to back up any tokens issued on-chain.
Summary
QUBE and LINK are two AI-focused altcoins to watch right now thanks to their utility and growth potential. Chainlink is expected to play a major role in helping tokenize real-world assets, while InQubeta brings AI investors and startups together. QUBE is projected to enjoy the most growth with some analysts predicting as much as a 100x price surge once launched.
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