Privacy Concerns Shadow Worldcoin Launch as Institutions Embrace InQubeta

InQubeta’s Presale Attracts Institutional Interest

InQubeta’s presale has successfully raised over $1.9 million, garnering attention from institutional investors keen on exploring AI-focused firms. The project aims to provide a capital allocation platform for companies leveraging technology and playing a significant role in the inevitable AI revolution.

Worldcoin’s Launch Raises Privacy Concerns

On the other hand, Worldcoin’s recent launch has raised privacy concerns among regulators in the U.K., France, Germany, and Spain. Worldcoin’s founder, Sam Altman, envisions a market for verifying “humanness” online through eye scanning, rewarding users with its native token, WLD.

InQubeta Gains Institutional Support

The InQubeta project aims to support AI startups in need of funding and offers a practical investment solution for investors interested in the AI revolution. Investments in AI have grown from $12 billion in 2015 to $120 billion in 2022, indicating the immense potential of this sector.

A New Way to Invest with InQubeta

Investors can participate in AI startups through InQubeta by purchasing equity-based non-fungible tokens (NFTs) on the marketplace. These NFTs not only provide funding for startups but also give investors partial ownership. All transactions on the network are facilitated using QUBE, InQubeta’s native token.

  • Investors receive NFTs after sales, which they can hold or sell at their discretion.
  • NFTs may offer additional benefits, such as discounts on created items, similar to stocks.
  • InQubeta investors can earn rewards by staking QUBE, which supports token prices as more tokens are locked.
  • QUBE also plays a role in governance, enabling holders to vote on crucial platform development proposals.

Worldcoin’s Ambitious Vision

Worldcoin aims to transform the internet through its proposal to use eye-scanning technology to verify users’ humanness in exchange for WLD tokens. This idea has sparked investigations by European privacy regulators.

  • Worldcoin defends its approach by arguing that distinguishing between humans and bots is challenging due to advanced AI technology like ChatGPT.
  • The UK’s Information Commission Office advises entities like Worldcoin to conduct Data Protection Impact Assessments and seek guidance if they handle sensitive data like biometrics.

Despite its ambitious vision, Worldcoin’s prices remain stagnant, and it is uncertain if increased scanning will drive any significant changes in the token’s value.

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