Qubic

Qubic is a Layer 1 blockchain network designed to offer feeless transactions with instant finality, positioning itself for use cases in finance, gaming, and supply chain management. Its central claim is that it repurposes the computational energy typically consumed by mining toward training artificial intelligence models, with a stated long-term goal of contributing to artificial general intelligence. It is aimed at developers and industries that want high-throughput, cost-free transaction infrastructure.

Qubic uses a mechanism it calls Useful Proof of Work, in which miners contribute computational power not merely to secure the ledger but to perform AI training tasks through an initiative called Aigarth. The network records a block interval of zero minutes in the stored data, which is consistent with its claim of instant finality rather than discrete block-based settlement. The QUBIC token functions within this network, though the stored data does not detail specific staking, governance, or fee-distribution roles beyond its use as a native asset.

Qubic explicitly describes itself as a feeless network, meaning there is no transaction fee stream collected from users, no protocol revenue recorded, and no fee-based income to distribute to miners, stakers, or a treasury. This absence of fees means that fee-derived measures such as price-to-fees or revenue multiples are not applicable here and are not shown. The circulating supply stands at approximately 143.7 trillion QUBIC against a maximum supply of 200 trillion, leaving roughly 24.0 percent of total supply yet to be issued, as reflected in the point-in-time dilution overhang figure. The fully diluted valuation is approximately 1.24 times the current market capitalisation, indicating that the gap between circulating and maximum supply is relatively modest.