Place/Date: - January 3rd, 2023 at 1:43 pm UTC · 3 min read
Source: Orbeon Protocol
Everyone knows that there has been a recent drop in the value of cryptocurrencies on the market. Prices have been falling steadily since the start of the year, and investor confidence is at an all-time low.
The bright side is that viable choices are still accessible. Orbeon Protocol (ORBN) is one example of such a system. Orbeon protocol (ORBN) is in phase 3 of its presale yet its price has increased by 805% since the presale began, and it does not appear to be slowing down any time soon.
There is no doubt that Orbeon Protocol will have far-reaching implications on the cryptocurrency market and still be a game-changer in the crowdfunding and venture capital industry.
Simply explained, Orbeon Protocol is a decentralized investment platform that enables anybody to make micro-investments in promising startups. This provides potential backers with a low-risk, low-cost way to participate in promising endeavors.
The implications of this are far-reaching, making it a revolutionary development. As you might think, this will provide numerous chances to the average investor by allowing them to put as little as a single dollar into the companies in which they have faith.
To this end, Orbeon Protocol mints NFTs of these cutting-edge new businesses and fractionalizes them so that investors may acquire stakes for modest sums of money.
While investors certainly stand to gain from Orbeon Protocol, that’s not all it does. Orbeon Protocol is also beneficial for promising new businesses since it makes it simpler than ever to raise capital and attract investors while avoiding the bureaucratic hurdles posed by regulators in the past.
Orbeon Protocol’s native token, ORBN, is a great example of the protocol’s promising potential uses. ORBN holders will have access to a variety of perks inside the Orbeon ecosystem, including participation in a private investment club, the ability to stake their tokens for passive income, and a voice in the project’s governance.
What will happen to Orbeon Protocol in the future is anyone’s guess but, if things go well, it might easily become a major player in the web3 arena. Orbeon Protocol (ORBN) presale has been expected by market experts to increase in value by 6000%. It is rapidly selling out in its presale stage.
As incredible as it may sound now, the presale price of Solana’s native token, SOL, was only $0.22 when the platform opened in 2020. Solana then reached an absurd all-time high price of $260 from there. Those that put their money into Solana at the start clearly reaped huge rewards.
The bear market and subsequent big decline to the $12 to $14 level where Solana has been trading for the past three months changed all that.
The promise of increased transaction speeds was important to Solana’s early success, as this is a subject that has consistently riled crypto investors. But now there are many rivals in the race to offer lightning-fast transactions, and Solana doesn’t look quite so innovative.
Solana’s team nevertheless deserves respect for its efforts to reignite the company’s early success by releasing innovative new products and software.
Unfortunately for Solana, it appears that no one believes they can revive the market to its 2021 levels of activity any time soon.
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