Place/Date: - November 1st, 2022 at 8:00 am UTC · 4 min read
Source: Orbeon Protocol
The world of decentralized finance (DeFi) seems to be experiencing exponential growth, with more and more projects coming online each week.
It may be hard to keep up with it all, but here’s the thing – most DeFi projects aren’t even close to being ready or sustainable in the long term.
With so many options available right now, how do you make an informed choice?
Blockchain isn’t just a piece of technology; it’s also a business model with multiple moving parts. As more companies launch blockchain projects with built-in token economics, it’s important to know how DeFi platforms fit into an evolving blockchain landscape.
Orbeon Protocol (ORBN), Binance (BNB), and FTX Token are all established projects that are designed to change the way we look at crypto assets and blockchain’s potential in our daily lives.
In this post, we’ll examine the three emerging platforms that are shaking up the industry by bringing DeFi to the masses!
Binance’s BNB is a utility token developed by the world’s biggest cryptocurrency exchange. Binance Coin (BNB) is one example of a cryptocurrency traded on the Binance market; it is the fuel for the Binance Coin (BNB) Chain.
Similar to other digital assets on the market, Binance Coin (BNB)’s value increases and decreases as it is used and traded by the public.
Binance Coin (BNB) may be stored and sent directly to other users of compatible wallets outside of cryptocurrency exchanges for the purposes of making payments or other transactions.
Launched in April 2019, FTX is a cryptocurrency derivatives exchange where users may trade futures and leveraged tokens on single and grouped crypto assets, engage in over-the-counter (OTC) transactions, and even place binary options on the outcome of the 2020 U.S. presidential election.
It was FTX’s intention to address issues including lengthy trading procedures, low liquidity, and “clawbacks,” which plagued previous derivatives exchanges. In the event of bankruptcy, clawbacks allow creditors to recoup their losses by recouping their investments from other investors.
Orbeon protocol is a revolutionary investing platform that allows everyone to invest fractionally in early-stage companies through the use of NFTs. By fractionalizing startups minted as NFTs, investors can buy into fresh projects with as little as $1, revolutionizing the VC and crowdfunding industries at large.
Some of its key features include:
The ORBN token fuels the Orbeon protocol ecosystem, offering holders:
At current market prices, DeFi has seen some significant growth. The sector is certainly here to stay and will only continue to grow with time.
However, as decentralized finance continues to grow and become more widely adopted as a concept, it will be interesting to see what comes next for projects in the space.
There’s still much room for improvement in terms of scalability when compared to traditional finance but that’s not stopping these startups from making a move toward better solutions – and the interest from investors certainly reflects that.
Notably, Orbeon Protocol has entered its first stage of the public presale with 40% of all ORBN tokens available for sale at $0.004. This is expected to reach $0.24 (+6000%) by the end of presale.
Find Out More About The Orbeon Protocol: Presale, Website, Telegram.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.