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Qubetics’ Impressive Presale: Surpassing $1.2M Amid Avalanche’s $40M Grant Launch and Bittensor’s Market Rally

October 11, 2024 By CryptoReporter

The cryptocurrency world is buzzing with thrilling advancements, highlighted by Qubetics and its decentralised VPN (dVPN), designed to help users bypass restrictions on internet access while enhancing their privacy. Qubetics has raised over $1.2 million in its crypto presale. As more investors rush to secure their tokens, it’s becoming increasingly clear that Qubetics has the potential to transform the crypto industry. Meanwhile (AVAX) is launching its $40 million Retro9000 grant program aimed at fostering layer-1 innovation and promoting growth within its ecosystem. At the same time, Bittensor (TAO) is capturing attention with a remarkable 164% surge over the past month as more investors shift their focus towards AI tokens.

Bittensor (TAO) Surges with 164% Growth

Unlike other sectors of the cryptocurrency market, AI tokens have recently soared, one of those being Bittensor (TAO). This rose to $637 in the last 30 days, increasing by 164%. Late in July, TAO spiked by 16% in 24 hours while its trading volume surged by 286%. Grayscale’s Decentralised AI Fund supports this increase, raising TAO’s allocation from 2.6% to 29.5%, boosting its market cap to $4.7 billion. AI tokens like NEAR and ICP have also gained some ground to help lift the AI crypto market capitalisation by 48.7% to $36.9 billion as investors’ sentiment improves with the BTC recovery.

Avalanche Foundation Unveils $40M Retro9000 Grant Program

The Avalanche Foundation has launched the $40 million Retro9000 grant program to support layer-1 (L1) developers. Announced alongside the Avalanche9000 upgrade, this initiative seeks to lower barriers to development by rewarding key ecosystem projects with retroactive grants determined by community voting. Some significant changes introduced by the Avalanche9000 upgrade are the Avalanche Consensus Protocol (ACP-77) for better scalability and Avalanche Interchain Messaging (ICM) to achieve better L1 interconnectivity. This approach foresees the interconnected L1s, aiming to improve the overall network’s performance and capability while fueling innovation within the Avalanche ecosystem.

Qubetics dVPN Drives Privacy and Freedom in a World of Internet Censorship

Internet censorship is pervasive worldwide, restricting individuals’ freedom to access the web and express their views due to regional limitations. While traditional VPN services offer some protection, they are centralised and can be blacklisted, logged, or even monitored by government agencies. This is where Qubetics’ decentralised VPN (dVPN) offers a practical solution. Qubetics dVPN leverages blockchain technology to empower users to bypass restrictions and connect to the open web. With its multi-hop routing, user traffic remains concealed, making it extremely difficult for major entities to track or control it. This approach ensures data privacy even if intercepted and enables users in restrictive regions to communicate freely and access vital information.

The Qubetics presale is in its third phase. It has successfully raised over $1.2 million and attracted 548 holders. Over 123 million $TICS tokens have been sold at $0.0132 per token, positioning it as one of the best crypto presales of the year.

Conclusion

The crypto community is active with recent developments such as Avalanche’s $40M Retro9000 grant to boost layer-1 innovation and Bittensor’s impressive 164% rally. Since Qubetics has the vision to change internet privacy and security, the increasing presale demand proves the investors’ interest, making it a great chance for those who want to be part of the future of blockchain innovation.

For More Information

Qubetics: https://www.qubetics.com/

Telegram: https://t.me/qubetics

Twitter (X): https://x.com/qubetics

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: Qubetics

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