SEC examines Coinbase’s legal defense, InQubeta & Fetch.ai spark retail investor interest

This article explores the upcoming scrutiny faced by Coinbase as the Securities and Exchange Commission (SEC) prepares to assess the legality of its defense on July 13. Amidst this development, two notable entities, InQubeta (QUBE) and Fetch.ai (FET), have witnessed a significant surge in interest among retail investors. InQubeta, a unique crypto crowdfunding platform, presents an opportunity for fractional investment in AI startups through its distinctive QUBE tokens.

SEC set to examine Coinbase’s legal defense

Coinbase, the popular cryptocurrency exchange, is set to face scrutiny from the U.S. Securities and Exchange Commission (SEC) as the court hearing for the SEC vs Coinbase case has been scheduled for July 13. This comes as a surprise since Coinbase employed a “creative” defense tactic by filing its response to the SEC’s complaint 40 days earlier than the August 7 deadline.

Due to the July 4 holiday weekend, the SEC requested a three-day extension for filing its response, which the court approved. Furthermore, the court changed the pre-trial conference to a pre-motion conference and rescheduled it for July 13. During this conference, Judge Katherine Polk Failla will determine whether Coinbase will be allowed to proceed with its motion for judgment on the pleadings.

Coinbase has countered the SEC’s complaint by asserting that a significant number of the tokens mentioned in the case fall outside the jurisdiction of the SEC. Coinbase’s defense strategy of filing its response early is seen as a common practice. Still, it is considered a “creative” move to present documents supporting its case to the judge through the defendant’s Answer.

InQubeta: Transforming AI investment through crypto crowdfunding

InQubeta, the world’s first crypto crowdfunding platform for fractional investment in AI startups, has seen a significant surge in interest among retail investors. The platform has introduced the QUBE token, a deflationary ERC20 token, to transform how investors engage with and fund AI startups. This unique investment opportunity has caught the attention of crypto enthusiasts and investors looking to diversify their portfolios.

The InQubeta platform operates through an inventive NFT marketplace where AI startups can create reward and equity-based NFTs. These NFTs offer investors the chance to support promising AI projects and benefit from their success. By leveraging Blockchain technology and smart contracts, InQubeta ensures a transparent, secure, and efficient investment process for investors and startups.

InQubeta’s commitment to democratizing the investment process in the AI sector has resonated with retail investors. The platform provides an accessible and inclusive investment ecosystem that bridges the gap between traditional Silicon Valley investors and those with limited resources and connections. By empowering retail investors to participate in the growth of AI startups, InQubeta is unlocking new opportunities and contributing to the broader development of AI technology.

InQubeta

Fetch.ai: Empowering decentralized data economies with Blockchain technology

Fetch.ai is another project that has seen a surge in interest among retail investors. Fetch.ai, an open-access Blockchain platform, is dedicated to creating a decentralized digital economy driven by autonomous agents. Its native token, FET, serves as the fuel for economic transactions and incentivizes the active participation of network participants.

The Fetch.ai platform leverages artificial intelligence (AI) and machine learning (ML) technologies to enable autonomous economic agents to perform complex tasks. These agents can interact with each other and with external data sources, facilitating efficient and intelligent decision-making. The platform’s decentralized nature ensures transparency, security, and privacy, making it an attractive option for retail investors seeking exposure to AI-driven projects.

With its creative approach to building an autonomous digital economy, Fetch.ai has captured the attention of retail investors who recognize the potential for transformative growth. The FET token plays a vital role in this ecosystem, enabling users to access services, participate in governance, and facilitate economic transactions within the Fetch.ai network.

By attracting soaring interest among retail investors, Fetch.ai is demonstrating the growing demand for decentralized AI-powered solutions. The FET token serves as a gateway to this exciting ecosystem, allowing investors to be part of the autonomous digital economy and contribute to its development and success.

Conclusion

In conclusion, both InQubeta (QUBE) and Fetch.ai (FET) have witnessed a surge in interest among retail investors. InQubeta’s unique crypto crowdfunding platform for fractional investment in AI startups, powered by the QUBE token, offers retail investors an accessible and transparent investment opportunity. 

Similarly, Fetch.ai’s decentralized digital economy, driven by autonomous agents and facilitated by the FET token, appeals to investors looking to participate in AI advancement. The growing interest in these projects reflects the increasing demand for inventive and disruptive AI technologies in the investment landscape.

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Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

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