Citizenship in El Salvador for $1m Bitcoin investment; Kava and InQubeta poised for growth
El Salvador has introduced a new visa program that offers citizenship to those who invest $1 million in Bitcoin (BTC) or Tether (USDT). This move further cements El Salvador’s position as the most crypto-friendly nation.
The Freedom Visa is the first of its kind, offering citizenship based on cryptocurrency investments. While some governments, such as the United States, offer citizenship in exchange for significant investments in businesses or real estate, El Salvador is the first to grant citizenship based on the size of an applicant’s cryptocurrency investment.
Meanwhile, analysts are bullish on Kava (KAVA) and InQubeta (QUBE). In 2023, KAVA prices grew 67%, while QUBE rose by 175%.Â
The InQubeta presale has already raised $7.9 million ahead of stage 7.
Exploring InQubeta
InQubeta provides a much-needed solution to those who don’t have access to mainstream investment avenues – a secure alternative channel for artificial intelligence (AI) investments.
Traditional investment firms often come with income or geographic constraints that prevent a large segment of the global populace from using their services, but InQubeta avoids these issues.Â
InQubeta’s Ethereum-deployed ecosystem will allow everyone who wants to be part of the AI revolution to team up with vetted and potent AI startups.
AI is one of the fastest-growing industries as investments in the space rise exponentially.
Presently, more than $120 billion is invested in AI. That figure will exceed $1.5 trillion in the next several years. This sets up companies like InQubeta for more growth.
QUBE is trading for $0.01925 in the current presale stage.
Here’s what the investment process looks like on InQubeta’s blockchain:
- AI startups deemed eligible to fundraise on the ecosystem create NFTs that serve as investment opportunities.
- NFTs are fractionalized and listed so investors can research their makers and learn more about them.
- Investors acquire QUBE with their debit/credit card or cryptocurrency wallets and use it to buy NFTs.
- Investors can resell any of these assets on the NFT marketplace whenever they want to
Kava may rally in 2024
Kava added 15% in December 2023.
Kava is a layer one blockchain that aims to blend the developer power of Ethereum with the interoperability and speed of the Cosmos network.Â
The project focuses more on decentralized finance, which may prop up prices in 2024.
El Salvador’s Freedom Visa
El Salvador is officially the first country to trade citizenship for Bitcoin and USDT investments, which could lead to the nation gaining a thousand new citizens with deep pockets.
The Central American nation’s citizenship price is much higher than that of some of their neighbors, who have citizenship programs with price tags as low as $100,000.Â
The new visa program could raise a billion dollars for El Salvador if all allocated slots are filled. The program has accumulated over $153 million so far.
Summary
BTC, QUBE, and KAVA are being monitored. Even so, investors are doubling down on QUBE in the ongoing InQubeta presale.
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