Behind the Scenes: Dexola’s Role in Empowering InQubeta
Dexola is a software development partner of InQubeta, actively working on their specific tech solutions. In particular, we developed ERC-20 token and staking contracts as well as theWeb page for token staking and claiming. We have a strong experience in the blockchain industry that we utilize to create high-quality and reliable products. To ensure the security and transparency, the InQubeta’s code was additionally reviewed and approved by Hacken, a third-party blockchain auditor.
Introduction to InQubeta
InQubeta is a crypto crowdfunding platform that enables fractional investments in AI startups using QUBE tokens. The platform aims to change the way how AI startup companies raise funds and engage with their communities. It proposes to turn each investment opportunity into an NFT that can be fractionalized.
InQubeta’s NFT marketplace allows AI startups to raise funds and offer reward and equity-based NFTs, while QUBE token holders can invest in the projects they believe in.
The QUBE token is a deflationary investment tool with a system of taxes on transactions that help increase its value over time and reward investors.
InQubeta utilizes blockchain and smart contracts to create a transparent, secure, and democratic investment ecosystem to support the growth and success of AI technology startups.
The Power of Collaboration with Dexola
Dexola played a critical role in the InQubeta project by developing and implementing several key components that ensured the project’s functionality and success.
The primary task assigned to the team was to create the QUBE token smart contract which would be tied to the vesting smart contract, and incorporated with the fund distribution specifics of the project. This involved the careful crafting and testing of complex, secure, and efficient code to guarantee the smooth operation of the smart contract.
The Dexola team also developed a staking service smart contract for InQubeta. It allows users to invest their tokens and be rewarded for their participation in staking. We were creating a user-friendly front-end interface that would enable users to easily stake and withdraw their tokens as well as claim their rewards.
We ensured that the smart contract could calculate reward distributions precisely. The final sum is based on the number of tokens staked by a user and the total number of available rewards.
The staking contract also establishes rules for the renewable reward distribution period to set up the continuity of rewards. In essence, it means that the smart contract is not only functional but also fair in rewarding the project’s supporters.
The smart contract has been implemented in the Ethereum network that provides all the benefits of blockchain technology such as transparency, security, and decentralization.
We also delivered comprehensive descriptions and guidelines for the users of InQubeta to, guide them on how to stake tokens, withdraw stakes, and claim rewards.
All development work outside of this scope is done by InQubeta in-house team.
Outcome of Partnership
We launched a solid system for staking QUBE tokens. Now investors can put their assets in and get rewards automatically. The rewards are based on how much the investors staked and for how long. This clear and self-operating system makes sure everyone gets their rewards fairly and consistently.
