@RobertoTrev96@murphreads Amazing book. One of those books where you finish, sit for a second and think. It is a painfully bleak book in many ways but the ending makes it worthwhile
Let's look at near-term catalysts for $QUBIC growth.
As you can see the whitepaper has brought new life and funds into #QUBIC. But what is next?
General Whitepaper (Released):
Why was the Whitepaper important? Well, QUBIC is watched by numerous VC groups because of efforts of @EricCLFung and @JenniferChengLo. I guarantee you that no risk-averse VC will invest into a project without Whitepaper, until now.
With Whitepaper out there Jennifer is about to present QUBIC to her own fund and 70 co-investors and present it to US consulate event on behalf of Greater China with few hundred investors there. And that is just one example.
Scientific Whitepaper (Q4 2024):
As some have mention, there are big parts missing in the current document. Specifically about the AI - the impressive and inherent part of QUBIC. The current Whitepaper is about the "state of the network" - something that is deployed and can be physically used right now. In Q4 we expect the Scientific Whitepaper to be published, which will address the #AGI (Artificial General Intelligence) efforts of QUBIC to create sentient AI. It will also be A LOT more technical than the current Whitepaper.
QEARN Lockup (Next week):
#QEARN is a product allowing you to lock up your QUBIC bag for a year to get 10-15% yield from physical QUBIC mining. This will do two things. It will reduce the float of coins on the open market and it will burn QUBIC based on it's smart contract rules. Think of it as reduction in current available supply of QUBIC. Very bullish.
Outsourced Computations (Within Weeks):
This to me, is the largest catalyst for QUBIC bullish price action. While QUBIC isn't training AIGarth, it's mining power is not used for much other than me posting "look how much mining power we have". Outsourced Computation change in core protocol code will allow to unleash this processing power to mine other coins, sell them, and use the funds to buyback and burn QUBIC. The test of this feature is about to get run on $XMR #Monero and then we can move to other coins. This is $70-$100k per day in buybacks and burns on QUBIC 👀 I have spoken about this a lot lately, so check my other posts for more details.
QUBIC Grants (Ongoing):
Although rarely mentioned, QUBIC team has a program, aimed at attracting businesses on QUBIC. DEXs, games, DeFi etc. will ignite the chain with 3rd party apps deployed on QUBIC. That is because each of those projects will have it's own marketing budget, it will burn a lot of QUBIC coins during integration (IPOs), and show the world that QUBIC is the fastest chain to deploy ANY DeFi or RWA functionality. There are currently at least 4 project being incubated. Keep in mind: More attention > Price up > More funds to spend on grants > More coin burns in the IPOs, reducing QUBIC supply.
ANNA AI Starts Training (Dec 4th):
The "Intelligent Tissue" of #AIGarth - QUBIC's sentient AI will be revealed. ANNA is the front-end for AIGarth and it will start real training utilizing the distributed compute power of QUBIC miners. This is one of the most important steps in QUBIC AI evolution and will invite some discussions in the world of AI. Together with Scientific Whitepaper QUBIC will no longer be considered as some Small Cap crypto project but a possible top competitor in the world of #AI development. This step will take QUBIC outside of the toxic world of crypto.
Tier 1 Exchange (Q4 2024):
Exchanges want only one thing from new, promising projects - volume. Exchanges make money from fees, which are a function of volume. This is why you see Coinbase listing fresh retarded memes.
Currently QUBIC volume is up significantly. There is a reason behind it but with Outsourced Computation the volume will hold/increase. The team has already announced Tier 1 exchange listing for this quarter. Let's hope the big money (US) has access to it.
There is no reason to be bearish on QUBIC. I am in "buy the dip" mode with my futures portfolio. You can follow my TA and my trades here:
https://t.co/AlfoyPpE2a
Only those with high enough IQ to understand QUBIC and those with enough patience to hold through the volatility deserve to be millionaires. Join the club.
Please comment, whether I have missed a catalyst or give your opinions. Thank you.
Just got off with laywers. I am cleared to launch a meme coin.
The first details drop tomorrow at 3pm central. Chaos gentlemen. Utter chaos.
Comment, share and like to rack up "cool" points.
After creating over 140,000 images in Midjourney, one of the biggest lessons I've learned is that...
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To get it:
→ Hit “Like”
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