NEW YORK - InQubeta, an emerging decentralized finance (DeFi) platform, has successfully completed a significant funding milestone, raising over $8 million through a presale of its native QUBE tokens. The presale event saw more than 700 million tokens sold, each priced at $0.01925, with investors drawn to the platform's deflationary token model and the broader market's positive sentiment.
The QUBE token is designed with a deflationary mechanism that includes a 2% burn tax on transactions and a 5% transaction reward tax. This structure is intended to benefit holders by providing staking rewards and incentivizing long-term holding. The successful presale and the attractive tokenomics have led to expectations of a price increase for QUBE in the upcoming funding round.
Investors are particularly keen on InQubeta's potential within the AI and smart contracts space, sectors that are increasingly seen as pivotal for the future of the blockchain and cryptocurrency industries. The platform's successful fundraising effort is a testament to the growing interest in DeFi solutions that leverage these technologies.
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