Posts

Showing posts with the label invest

Top 3 reasons why investors own cryptocurrencies

Most individuals believe crypto is a good investment People are attracted to new technology Lack of trust in authorities turned people to crypto The crypto currency market’s popularity rose exponentially in the last decade or so. The difference is stunning if one looks at the market capitalization of the entire industry today and compares it with, say, ten years ago. So, knowing what drives people to invest in cryptocurrencies is interesting. Guess no more. A study by the Federal Reserve, called Federal Reserve’s 2022 Diary of Consumer Payment Choice, sheds light on this topic. So here are the main three reasons why investors hold crypto: Great potential investment People are interested in new technologies Some do not trust the US government or the US dollar Most individuals own crypto as an investment The overwhelming majority of individual investors own cryptocurrencies because they believe it is a good investment. More precisely, 67% ...

InQubeta aims to redefine presale fundraising as crypto investors participate

In the constantly changing crypto landscape, InQubeta, an AI and blockchain startup, aims to reshape presale fundraising. Its platform and strategies have caught the interest of crypto investors searching for opportunities in the field. InQubeta is redefining the AI industry Startups can raise funds before their launch through presale events. Early investors can buy tokens at a lower price during these fundraisers, increasing their chances of earning profits when the project gains momentum. InQubeta has improved this idea to provide a better presale experience for investors. You might also like: AI is not ChatGPT, InQubeta brings all innovations under one roof What distinguishes InQubeta is its focus on AI and blockchain technology. By combining these two fields, the company has created a platform that leverages artificial intelligence to drive innovation and even provide investment opportunities. InQubeta’s presale events offer investors the chance to acquire tokens ...

Deutsche Bank completes trial of tokenized investment platform

Image
Project DAMA is a novel digital asset management access system for transacting tokenized securities. According to a report on Feb. 21, Deutsche Bank Singapore and Memento Blockchain have successfully completed the proof of concept phase of Project DAMA (Digital Assets Management Access), designed to facilitate the management of digital funds investing in tokenized securities. Per its report, asset managers were able to create a digital asset fund with its own soulbound token and launch a direct fiat-to-digital on-ramp for users. Institutional investors could then subscribe to the fund through the direct minting of tokens, via a decentralized exchange aggregator, or through a built-in marketplace. As the first step, Deutsche Bank and Memento Blockchain created a decentralized finance (DeFi) platform on Ethereum (ETH) and a unique, non-transferable Soulbound Token. Using the SBT, platform developers could then verify the identity of the wallet owner and grant them access to investment ...