Place/Date: - February 15th, 2023 at 5:14 am UTC · 4 min read
Source: Orbeon Protocol
During its presale, Orbeon Protocol (ORBN) has continued to justify investors’ confidence in it, thanks to its impressive appreciation. Unlike the promising token, Reserve Rights (RSR) and Kava (KAVA) have failed to impress similar confidence in their investors as their outlooks remain dim.
This will review Kava (KAVA), Reserve Rights (RSR) and Orbeon Protocol (ORBN) and help investors decide which of the tokens is worthy of their investment.
Kava (KAVA) is a layer-1 blockchain. The blockchain combines Cosmos’ (ATOM) interoperability and speed with Ethereum’s (ETH) developer power to offer users a platform with an impressive user experience.
By using a translator module, Kava (KAVA) Network is able to connect these blockchains for seamless interoperability while fusing the powerful blockchain development environments together to form a single scalable network.
KAVA is the Kava (KAVA) network’s native governance and utility token. The Kava (KAVA) token holders can stake it to earn up to 37.5% rewards for their role in securing the Kava (KAVA) Network.
CoinMarketCap notes that “the Kava (KAVA) Network utilizes a developer-optimized co-chain architecture that delivers the development power of Ethereum (ETH) and the scalability, interoperability and low transaction fees of Cosmos (ATOM) in a single network.”
It’s noteworthy that Kava (KAVA) hasn’t lived up to expectations. The token fell freely to $0.9582 per coin from $9.19 per KAVA coin a little over a year ago and its current price sits at $0.8326.
Reserve Rights (RSR) is a dual-purpose ERC-20 token for insuring Reserve stablecoins (RTokens) via staking and governing such tokens through proposing and voting on changes to the Reserve Rights (RSR) token’s configuration.
In sharp contrast to other stablecoins that are held in a bank account’s reserve and controlled by a trusted custodian or a stablecoin user, Reserve Rights (RSR) stablecoins are managed by smart contracts and backed by several cryptocurrencies.
Reserve Rights (RSR) has a maximum supply of 100 billion RSR tokens and 15% of that value was in circulation in the first quarter of 2022.
Despite the popularity of Reserve Rights (RSR), RSR token holders are disappointed at its free fall. The Reserve Rights (RSR) token depreciated from $0.01189 per RSR coin to $0.00409 per RSR coin in less than three years with its price standing currently at $0.003895.
Orbeon Protocol (ORBN) was created as a platform for interested parties to meet venture capitalists who can assist them with raising funds for their businesses. The Orbeon Protocol (ORBN) team also offers business ideas for its members to take a cue from to start a business.
Orbeon Protocol (ORBN) boasts of an impressive ecosystem where users can launch their businesses via the platform’s Launchpad. That is in addition to either swapping their digital assets for others through Orbeon Swap or acquiring or selling cryptocurrencies or NFTs via Orbeon Wallet.
Orbeon Protocol (ORBN) token holders can purchase NFTs on the platform while the team has concluded plans to “explore the virtual world by providing a metaverse launchpad”.
Orbeon Protocol (ORBN) users are entitled to up to 50% discounts or cash rewards in USDC on all transactions and trading fees when using the Orbeon marketplace.
ORBN token has appreciated significantly since its presale stage as the token aims for the sky. The presale stage is between 31st October 2022 and 31st March 2023 when prospective investors can invest in the 470,640,0000 ORBN tokens available for purchase with digital currencies such as XRP, TRX, BTC, USDT, DASH, BNB, and TRX.
4th April 2023 is the planned launching date and the token is available currently for $0.071 per coin. Orbeon Protocol (ORBN) holders can earn passive income by staking their tokens on the platform while they are also empowered to participate in decisions about the project through governance rights bestowed on them.
The protocol is built on the Ethereum (ETH) blockchain and offers multi-chain capabilities. The team plans to make it compatible with other blockchains and thus improve transaction speed and reduce running costs.
The team also announced that during the third stage of its operations, other additions to the ecosystem will include Orbeon Exchange, Round Table and Private Investors Club.
Find out more about the Orbeon Protocol: Presale, Website.
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