Blog Post

Evolving Digital Innovation: Qubic's Journey Toward True AI

Press Release • Mar 28, 2024

Qubic embarks on a transformative journey to empower global innovation with the potential of True AI. Embracing its vision, Qubic leverages an expansive computing network to redefine the landscape of artificial intelligence, moving beyond the traditional Proof-of-Work process to introduce a useful-Proof-of-Work (uPoW) concept. This innovation ensures that every computational effort directly contributes to AI development. At the heart of Qubic's efforts is Aigarth, an advanced AI system that symbolizes the platform's goal to grant universal access to the most sophisticated AI capabilities available. Aigarth analyzes data from AI miners to construct billions of neural networks, thereby mimicking the complexity of a human brain.



In alignment with its mission to establish the premier open-source AI infrastructure, Qubic functions as a unique decentralized network governed by Quorum consensus described by Nick Szabo. Qubic Network is run by 676 validators, called 'computers'. These roles range from executing smart contracts and ensuring network security to managing feeless transactions. Through this robust infrastructure, Qubic not only facilitates smart contract executions with exceptional efficiency but also boasts the ability to process more than 40 million transfers per second (TPS) on the smart contract level. This remarkable capacity stands as a testament to Qubic's dedication to creating a high-performance computational AI network that acts as the foundational support for True AI development, providing swift, secure, and scalable solutions for AI integration.


A standout feature of Qubic’s platform is its novel approach to Initial Public Offerings, known as Qubic IPOs, which draws inspiration from the auction-based IPO method first introduced by Google. Unlike traditional fundraising, Qubic IPOs allow users to invest directly in smart contracts, becoming stakeholders in the technology itself. This novel approach democratizes investment in blockchain technology, offering participants a direct share in the success of groundbreaking projects. The platform’s take on Initial Public Offerings results in each smart contract in the Qubic network getting an IPO for its 676 shares. Qubic users can fund a smart contract by purchasing one of these shares.


The $QUBIC coins used to fund a smart contract are locked up and burned, reducing the coin’s circulating supply and covering the contract’s execution costs. Users funding a smart contract become shareholders and earn passive income from contract fees. The contract is self-sustaining until the locked $QUBIC is depleted. At this stage, a portion of the shareholder fees funds further execution. It’s worth noting that the first three smart contracts executed on Qubic burned over 10.5 trillion $QUBIC of the capped circulating supply of 1,000 trillion coins.


Qubic’s founder, Sergey Ivancheglo, also known as CFB, recently commented on the software’s efficiency:

“The program gauging functional power of the new #Qubic mining algo used by #Aigarth for #AI training has just finished its computations. "Terrific" in all its meanings suits the best to explain the result. I've never seen such a powerful yet very simple construction of an #ANN!”


About Qubic


Qubic is a community-driven project, entirely open source and under anti-military license. It was founded by Sergey Ivancheglo, also known as Come-from-Beyond, the creator and co-creator of the first full PoS & DAG protocol (NXT & IOTA). The platform launched its mainnet in Q2 of 2022 and has grown a loyal community of over 88,000 members and over 500,000 miners.


Qubic comes from the acronym "QBC," which stands for "Quorum-Based Computor." The platform stays true to this term by providing fair, consensually-reached smart contract execution, ensuring only useful and legitimate contracts are added to the network. One of the standout features that could lead to its mainstream adoption is the fact that all transactions on the Qubic protocol are feeless. Also, the votes from 451 Computors (The Quorum) are reliable for offline payment verification. Ultimately, quorum-based computations, cost-effective transfers, and record-breaking TPS speeds enable participants to enjoy a lucrative and user-friendly experience.


You can learn more about Qubic by following these links:


Official Website | Telegram | X (Twitter) | Discord | LinkedIn | YouTube

Email Qubic at af@qubic.org


Disclaimer: This content is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities in Qubic or any related entity. Qubic IPOs are not available to persons in the United States or in any jurisdiction where such participation would be unlawful. Potential participants should consult with legal, financial, and tax advisors before engaging in any of Qubic’s offerings. This document may contain forward-looking statements subject to risks and uncertainties that could cause actual results to differ.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Zignaly Announces Cosmos-Based ZIGChain and $100M Ecosystem Fund Backed by DWF Labs

By Press Release • 26 Apr, 2024
Zignaly , a social investment platform using the Z-Score technology to connect fund managers with 500,000 investors worldwide, announced the launch of ZIGChain, a cutting-edge, layer-1 blockchain on Cosmos. Its goal is to revolutionize financial empowerment through a scalable and inclusive wealth generation infrastructure.  Zignaly also partnered with DWF Labs, Disrupt, and UDHC Finance to launch a $100 Million Ecosystem Development Fund to fuel innovation on the ZIGChain. Additionally, Zignaly became the world’s first licensed social investment platform, acquiring the CAT-II license from the Financial Services Conduct Authority of South Africa. This Category II License is part of an exclusive, advanced set of digital asset regulations in G20 counties, making Zignaly a reliable investment platform committed to delivering unparalleled wealth-generation opportunities. In a recent X post , the Zignaly Founding team commented on this historic achievement. They spent 6 years building the platform to meet the stringent regulatory requirements for this license. With the license in hand, they are ready to undertake discretionary fund management and fund custody on behalf of their users. The immediate result was a significant uptick in the user base with the spotlight on Zignaly's Z-Score-driven investment technology. It helps Zignaly grow exponentially, launching innovative products and diving into the DeFi space, marketed on newly accessible mainstream marketing channels. The groundbreaking expansion of our product line, now accessible to a diverse array of audiences, sets the stage for unprecedented scalability. Zignaly operates on the "Profit Sharing" concept, which enables users of all skills and knowledge to invest in digital assets by leveraging the expertise of proven, seasoned traders. The platform allows users to safely delegate their funds to be professionally managed by expert traders, who must invest their funds into the service to manage the users' funds. According to Zignaly, the main benefit of this trading practice is the shared success between expert traders and Investors. For example, investors only pay a success fee when the trader generates profits. As a result, the seasoned trader is incentivized to use the most profitable trading strategies to reap maximum gains. Zignaly ensures clear and transparent communication of its services, informing users about the risks of digital asset investments. Risk is multiplied by several factors when dealing with derivatives, so the platform does not guarantee future performance based on the traders' previous results. It encourages users to do their investment research and choose the traders wisely. Recently, Zignaly hosted an exclusive event with DWF Labs, Zignaly x DWF Labs Token2049 Meetup , which attracted extraordinary interest of traders, developers, and investors. The team reiterated the plans for its proprietary layer-1 blockchain network, ZIGChain, and the ZIG coin (launched in 2021), at the core of its operations and development. Team Zignaly stated that they are set to making ZIGChain the first and most powerful wealth generation infrastructure. About DWF Labs DWF Labs is a global digital asset market maker and multi-stage Web3 investment firm. About Disrupt Disrupt is a venture builder supporting businesses and entrepreneurs seeking to become industry-driving entities. About UDHC Finance UDHC Finance comprises former Marker DAO executives and nurtures early-stage companies through their growth stages, ensuring consistent regulatory compliance. About Zignaly Zignaly was founded in 2018 to provide equal investment opportunities to users worldwide, regardless of their income levels or digital asset trading knowledge. The platform developed steadily and in 6 years, acquired 30 employees, a global reach, and the trust of over half a million users. It focuses on a "new paradigm of social investing where the field is level, the rules are fair, and everyone gets the same chance to profit." You can learn more about Zignaly at these links: Website | X (Twitter) | Telegram | Medium

RROCKET Burns 50% of Its Supply to Fuel Growth and Investor Confidence

By Press Release • 26 Apr, 2024
The team behind the RROCKET project has announced the burning of 50% of its token supply. This is part of the project’s comprehensive development campaign, which includes listing the token on major exchanges and more milestones.  The immediate goal is to achieve a $1 million market capitalization and continue with weekly token supply burns. RROCKET also introduces security measures for investor protection and a unique initiative to incentivize participation in the token supply burn. The Importance of Burning Tokens and a Look at Future Plans RROCKET's choice to burn half of its overall supply of tokens is a move to introduce deflation into the ecosystem. In simple terms, burning tokens decreases the circulating supply, which can increase token value. With a total supply of 100 billion tokens reduced to 50 billion, the team’s major burning operation is a great step to boost the project’s value. The project has no taxes, and the team has fully renounced the contract, ensuring transparency and security for its users. Burning a significant part of the token supply is one of the many milestones in the team's roadmap. This development plan includes four stages: Stage 1: This phase focused on creating and launching the RROCKET token on the Solana network. From here, the team began establishing an online presence, setting up an initial airdrop for community growth, and more. Stage 2: The second stage involves a massive marketing campaign with collaborations from major agencies. The 50% supply burn strategy happened in this phase. The second stage will also feature an airdrop to expand the community. At the end of this phase, the project wants to achieve a market capitalization of $1 million. Stage 3: The team plans to implement a weekly token supply burn program and list RROCKET on centralized exchanges. Listing on CEXs will increase the token's accessibility and credibility. CoinMarketCap and CoinGecko listings are also part of this stage, which will further boost exposure for the project. Stage 4: The final stage focuses on reaching a market capitalization of $300 million. The team will also work to list its token on the top 20 CEX platforms. The Burn Challenge Opportunity The fourth stage in the RROCKET team's roadmap mentions a burn challenge event. This opportunity presents a guaranteed 10x rewards program for holders. Specifically, each $10 burned results in $100 given back to the community. For every entry made with the $10 burned, there will also be a chance to win a $250K giveaway. Users must purchase $10 of RROCKET and transfer it to the official Burn Challenge wallet to join the opportunity. Security and Investor Protection: A Shield for Serious Investors The RROCKET project also plans to introduce a fraud prevention tool to ensure the security and protection of its investors. This will not only protect the project from potential threats but also reassure serious investors. The team's return of all the invested funds to holders after being victims of a liquidity hack shows their seriousness. Behind a seemingly simple project is a strong focus on transparency and community building. The team understands the importance of investor trust and is taking necessary steps to protect their interests. About RROCKET RROCKET is a new Solana-based project wishing to stop scammers and make the crypto world safe for all. He works hard to help others with simplicity and safety in mind. In this narrative, RROCKET is the protagonist who started his journey with a dream of becoming a superhero to help others. Most importantly, safety and simplicity remain at the core of this project. Through burning 50% of its supply, RROCKET aims to increase its token value and achieve an appealing market capitalization. The team also plans to introduce measures for investor protection and incentivize participation in the token supply burn. The team has a full commitment to grow and partner with projects that share similar values. The 4-stage roadmap is an easy-to-read promise of what RROCKET aims to achieve. The burn challenge opportunity allows holders to win rewards and enter a $250K giveaway. Anyone interested in discovering RROCKET's goals and milestones can refer to its new website . The team's social media pages also provide regular updates and insights into the project's progress. X (Twitter) | Telegram

BADMAD ROBOTS Announces Listing on Epic Games Store and Steam, Teams Up with Immutable X

By Press Release • 25 Apr, 2024
BADMAD ROBOTS , a team-based multiplayer shooter game, announced its official listing on Epic Games Store and Steam , two of the most prominent gaming distribution platforms worldwide. The news confirms the game’s rise in popularity and ambitious plans to reach full-scale esports status.  Moreover, BADMAD ROBOTS has confirmed the industry’s support after signing an exclusive partnership with Immutable X for the game’s launch. The latter is an Australian crypto assets gaming company building their own blockchain and developing powerful tools for the gaming industry, like the Immutable Passport. Immutable X is also the partner of major industry brands, including OKx, Ubisoft, and others. Other well-known brands endorsing BADMAD ROBOTS include Elixir, HyperPlay, Wemix, and Ultra. BADMAD ROBOTS was developed by Acid Rainbow Studio, a Singapore-based game development company. Some of the developers working on the game have participated in successful releases, such as Call of Duty: Black Ops Cold War, Dying Light 2, Illuvium, Homefront: The Revolution, Ghostbusters: Spirits Unleashed, Aliens: Fireteam Elite, Elden Ring, Dark Souls, and more. The team secured funding for the game from industry-leading members, including Animoca Brands, Merit Circle, YGG SEA, DWF Labs, Moonrock, Shima Capital, Gate Labs, and Polygon Studios. The project was developed using Unreal Engine 5 and landed on the gaming scene with a pre-alpha build for private demos. It immediately attracted enthusiastic support from the gaming community for its upcoming beta release, scheduled in Q2 2024. BADMAD ROBOTS is a free-to-play multiplayer shooter set in a brutal, post-human society. Its team-based approach makes it highly competitive and intense. The game has several playing modes to choose from and endows each character with unique abilities, building toward a standout gaming experience. Recently, BADMAD ROBOTS announced the support and collaboration of 12 famous esports teams, which have amassed over 9 million followers worldwide. BADMAD ROBOTS features an in-game token, $METAL, which has already been launched and is listed on CoinEx, Gate.io, Uniswap, and Balancer DeFi. The token has been listed on CoinMarketCap since April 2022 and has gone through several updates since. The most recent one was in February 2024 and marked a surge in the token's value, increasing 200x and setting a new all-time high (ATH) at $0.127 in March. The development team released a teaser video for BADMAD ROBOTS in Q1 of 2024, per the project's roadmap. An alpha release of the game is next in its evolution path and should occur anytime in Q2 of this year. Lastly, between Q2 and Q4, the team will announce a beta release, host tournaments, and collaborate with esports teams. About BADMAD ROBOTS BADMAD ROBOTS aims to build on its team-based competitive shooter core and incorporate several web3 elements. Its goal is to develop a gaming ecosystem with strategic partnerships in the esports industry and consistent support from a growing, loyal community. The BADMAD ROBOTS team consists of highly experienced professionals who previously built gaming and crypto projects boasting over 300,000 users and generating more than $30 million in transaction volumes. They enjoy and take pride in the support of gaming veterans, such as the Head of Sales & Marketing at GOG, the Creative Director of Gearbox (ex Projects Producer - eSports, Riot Games), and the authorized Instructor partner for Epic Games (ex Lead Game Developer from Saber Interactive). The developers believe that increased transparency, digital ownership, user-generated content, and fair value distribution between platforms and users will improve the gaming industry. To this end, the game focuses on these primary components, player-driven development, user-generated content (UGC), decentralization, and esports. You can learn more about BADMAD ROBOTS at these links: Website | X (Twitter) | YouTube | Discord

Step into the Future of High-Frequency Trading with Marine Moguls ERC-404 Airdrop and MetBot

By Press Release • 25 Apr, 2024
In an unprecedented advancement in high-frequency trading, MetFi DAO unveils how owning a Marine Moguls token via its live airdrop generates a unique ERC-404 collectible NFT with instant 24/7 liquidity and fractional NFT ownership while providing exclusive access to MetBot. This state-of-the-art AI trading bot has been consistently generating substantial returns.  MetBot first captured the attention of crypto enthusiasts by delivering 80% returns during a two-month trial last year. That strong performance continued with the release of MetBot Alpha just last week, astonishingly generating an 8% return in its first seven (7) days with 100% of closed trades in profit. Real-World Utility and Value Through Marine Mogul Tokens Owning a Marine Mogul ERC-404 token is much more than holding a digital asset. It is an entry into the forefront of crypto trading technology. Holders can directly access MetBot, MetFi's high-frequency trading bot engineered to maximize returns through intelligent, automated trading that thrives in all market conditions. Best of all, your funds stay in your account, which you control and can withdraw anytime. Further enhancing the value proposition, token holders are eligible to stake their Marine Moguls tokens to receive generous Annual Percentage Yields (APY) of an estimated 260% or more on their staked Marine Moguls, adding another robust layer of profitability to their Marine Moguls. Airdrop and Social Media Engagement Surge Accompanying this technological breakthrough is the Marine Moguls Airdrop, which will run until May 21, 2024. This airdrop offers participants free $MOGUL tokens, integral to accessing MetBot. The airdrop has sparked a significant uptick in engagement across all MetFi social media channels, reflecting an ever-growing interest in the innovative offerings of MetFi DAO. As MetFi continues to lead in integrating blockchain technology with real-world use cases, the excitement within the community is palpable. The engagement levels on platforms like Telegram, Discord, X, Medium, YouTube, and others have surged, illustrating the community’s enthusiasm and support for cutting-edge projects that redefine the potential of digital assets. Join the Airdrop We invite all enthusiasts to join the Marine Moguls Airdrop and secure their stake in the future of ERC-404 and high-frequency crypto trading. Explore the numerous benefits of the Marine Mogul ERC-404 tokens and how they provide exclusive access to MetBot. For more information and to participate in the airdrop, please visit https://marinemoguls.com Don’t miss out on this unique opportunity to collect free $MOGUL tokens and NFTs while MetBot grows your portfolio through proven high-performance trading. About Marine Moguls and MetBot by MetFi Marine Moguls and MetBot, powered by MetFi DAO, redefine AI and digital asset integration using the pioneering ERC-404 protocol. This initiative sets a new standard for blockchain utility, merging token fungibility with the unique traits of NFTs for instant 24/7 NFT liquidity and fractional NFT ownership, broadening access and appeal. Alongside, MetBot dramatically enhances the ecosystem's value. As a cutting-edge AI trading bot, MetBot provides Marine Mogul token holders exclusive access to high-frequency trading that has delivered substantial, transparent returns. This AI bot boasts advanced intelligence and adaptive strategies, maximizing profitability while giving users control over their funds every step of the way. Marine Moguls and MetBot embody MetFi's vision of innovation, decentralization, and a valuable and rewarding digital future. By joining the Marine Moguls airdrop, community members lead an evolving ecosystem that challenges traditional concepts of value and ownership, delivering tangible benefits and sophisticated trading solutions. Official Links Website: https://marinemoguls.com Telegram Chat: https://t.me/MetFiChat Telegram News: https://t.me/MetfiNews Discord: https://discord.gg/MetFiDAO YouTube: https://www.youtube.com/@MetFiDAO TikTok: https://www.tiktok.com/@Metfidao.Official Certik: https://skynet.certik.com/projects/metfi Medium: https://medium.com/@MetFi_DAO LinkedIn: https://www.linkedin.com/company/MetfiOfficial GitHub: https://github.com/metfi CoinMarketCap: https://coinmarketcap.com/currencies/metfi2 CoinGecko: https://www.coingecko.com/en/coins/metfi Instagram: https://instagram.com/metfidao
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