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Toncoin (TON) Hits All-Time Highs on AI Collab, InQubeta (QUBE) Signal Future of Tech

Jordan Avery by Jordan Avery
April 8, 2024
in Press Releases
Reading Time: 4 mins read
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On April 9th, the Toncoin (TON) rate crossed $6.5, reaching a new all-time high. Over the past 24 hours, the asset has risen in price by more than 19%. Meanwhile, InQubeta or QUBE, a newcomer in the AI blockchain sector, is standing out in the market, proving the possibility of integrating AI and blockchain technologies.

Toncoin (TON) Revolutionary collaberation with HumanCode

The TON Society developer community has entered into a partnership with HumanCode, an artificial intelligence (AI) company. As part of the cooperation, they will introduce a mechanism for verifying identity by palm in the Telegram messenger. The projects intend to distribute about 1 million TON worth $5.9 million to users who take part in the initiative. TON Society and HumanCode plan to fully deploy it over the next five years. 

toncoin

With HumanCode, users can verify their identity on the blockchain. For this, the company has created a special application, which is available for download on Google Play and the App Store. 

“HumanCode technology allows you to voluntarily confirm your belonging to the human race using a simple palm scan, which is suitable for all smartphones. It is universal and works with any browser, camera and skin color,” the press release says. According to project representatives, the introduction of Web3 identification in Telegram will reduce the number of bots and increase user control over their digital identity. In the first five years, developers expect to attract at least 500 million people to use HumanCode technology.  Anyone can join the initiative and receive funds for it. To do this, you need to link your wallet on the TON Society website . 

What about the price Toncoin (TON)?

According to coinmarketcap, against the background of the announcement of cooperation, the price of Toncoin flew up by 19% and broke through the ATH at $6.5. At the time of writing, the asset rate has rolled back slightly and is $6.39.

toncoin-ton-ai-price-HumanCode
coinmarketcap

Meanwhile, the daily trading volume soared by 70% to $243.4 million. TON’s capitalization exceeded $20.3 billion. According to this indicator, the cryptocurrency ranks 9th in the ranking. 

Previously, the news that Telegram was integrating payments into TON had a positive impact on the Toncoin rate. Users can now buy advertising in the messenger for an ecosystem token , and content authors can receive rewards for posting ads in it. In addition, at the end of March, venture giant Yolo Investments allocated $8 million for the development of the project. The company has invested in several promising startups.

InQubeta ICO and The AI industry

InQubeta QUBE Fetchai FET Artificial Intelligence Blockchain 1

As regulatory challenges and legal disputes concerning the cryptocurrency world are mounting, a new ICO named InQubeta is gaining ground as a lighthouse, marking the intersection of AI and crypto. This platform is revolutionizing existing AI investment by providing opportunities for a broader category of investors to invest. The QUBE token of InQubeta is making fractional ownership of AI start-ups available for the first time ever to investors from all walks of life who were previously able to do so only if they were lucky enough to be well-connected.

What makes InQubeta unique?

InQubeta is now using NFTs to sell shares in AI startups that are transparent and equitable to all investors. This is not only a new trend but also a revolutionary one, which is going to combine AI and blockchain in a way that will meet the increasing demand for socially responsible investing. The platform’s coin design as an ERC20 deflationary coin would encourage investor engagement, thus making the investment environment more dynamic and vibrant.

However, InQubeta’s intentions are more than just that. It is poised for exponential growth, launching the NFT marketplace, introducing the InQubeta swap feature, and starting the DAO, while aiming for cross-chain compatibility by the end of 2024. InQubeta is not only navigating with persistence but also bringing in a new dawn of AI and blockchain.

More Than Just AI & Blockchain

This platform, however, is a manifestation of more than just AI and blockchain coming together; it opens up the imagination of a future where technology will give more power to individuals than ever before. In the midst of legal difficulties and industry arguments, InQubeta appears as a symbol of hope and progress. However, investors must undertake rigorous research and determine their risk tolerance levels before committing to new investments.

Tags: AI and blockchainHumanCode partnershipInQubeta ICONFTs in AI startupsTON price surgeToncoin ATH
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