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11 months ago
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The post 3 Key Crypto Narratives for 2024; Ethereum, Chainlink, and InQubeta Dominate Whale Portfolios appeared first on Coinpedia Fintech News
As we step into 2024, it feels like the crypto world is right on the edge of some breakthroughs. There’s a lot of buzz about a possible bull run coming up. And with that comes plenty of narratives that define how and where we put our money. These narratives include the explosion of AI technologies, the integration of Real World Assets (RWA) onto the blockchain, and the burgeoning sector of GameFi.
The Ascendancy of AI in the Crypto Sphere
2023 was the year when Artificial Intelligence gained traction across the globe, showcasing its potential use cases in various sectors. The popularity of platforms like ChatGPT and Bard really got people excited about AI, even leading to a mini-surge in AI-related top altcoins. This shows just how much potential there is in the AI sector. Even in a tough market, the standout performance and the attention AI cryptos have been getting are clear signs that investors are really optimistic about AI’s future. It’s becoming obvious that AI is going to be a big area to watch in 2024.
Real World Assets (RWA): Tokenization of Traditional Assets
RWAs, or Real World Assets, are making some noise in the crypto scene. These can be either fungible or non-fungible, and they represent things like real estate, treasury bonds, or even carbon credits, but on the blockchain. The cool thing about tokenization is that it makes dealing with these valuable assets way more efficient. The global market for RWAs is huge, valued at over $600 trillion, so the opportunity here is massive. Right now, only a small part of RWAs are tokenized, but imagine if we brought just 1% of them onto the blockchain. That could boost the value up to $6 trillion, which is way more than the total value of the best cryptocurrencies. And with BlackRock predicting a $16 trillion tokenized RWA market by 2030, it’s clear that this is something that could have a big impact for a long time.
GameFi: Merging Gaming with Blockchain
GameFi emerges as another compelling narrative, poised to excel in the years ahead. Leveraging Web3 infrastructure, GameFi creates value distribution systems within gaming ecosystems. With over 2 billion gamers worldwide, most of whom are tech-savvy, the potential for onboarding a significant portion into blockchain gaming is immense. The possibility of integrating one-third of regular gamers into blockchain equates to over 600 million users, representing a massive market for GameFi projects.
Ethereum, Chainlink, and InQubeta: Leading the Charge
In this evolving landscape, Ethereum and Chainlink continue to hold significant positions in whale portfolios, driven by their foundational roles in blockchain infrastructure and decentralized oracles, respectively. Ethereum’s continuous improvements and Chainlink’s vital role in connecting real-world data to smart contracts position them as critical players in these emerging narratives.
In the middle of all these exciting developments, InQubeta is truly standing out in the world of AI. It’s a crowdfunding platform that makes it easier for everyone to invest in AI startups with its QUBE tokens. InQubeta’s approach lets AI startups turn rewards or a piece of their company into trending NFTs. This gives investors an easy way to put their money into these ventures. The QUBE token, which is an ERC20 coin, is designed to grow in value over time and has a special tax setup. This lines up with the long-term success of AI projects, making it a smart choice for investors.
The platform has already had some big wins, like its current presale bringing in over $8.2 million, showing just how much interest there is in AI-focused investments. Looking ahead, InQubeta has some ambitious plans, like launching an NFT marketplace, setting up a swap feature, creating a DAO, and expanding to work with multiple blockchain networks. All of this puts InQubeta right at the heart of the AI and crypto story.
Conclusion
Heading into 2024, the crypto world is really being shaped by three big narratives: cryptocurrencies surging, especially those related to AI technology, Real World Assets (RWAs), and GameFi. Ethereum and Chainlink are leading the charge in their own areas, while a top ICO, InQubeta is making a name for itself in the AI space. These trends aren’t just opening up new chances to invest; they’re also showing just how flexible and full of potential the crypto market is.
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