Place/Date: - January 16th, 2023 at 5:09 am UTC · 3 min read
Source: Orbeon Protocol
The football World Cup is one of the most viewed events in the world, with an average of 3.3 billion viewers. This year was no different, as Argentina went on to win for the third time. However, for the first time, an Ethereum crypto project was created around the event; World Cup Inu (WCI).
World Cup Inu provided an exciting way to place bets on the World Cup and win lucrative prizes. However, its value plummeted following the end of the event, while projects like Orbeon Protocol (ORBN) have continued to make steady gains.
World Cup Inu is the first Ethereum-based token created with a World Cup theme. On its website players could place bets on games in progress and participate in the site’s lottery pool.
A key selling point of the site was no gas fees, after they caused issues for players during the project’s early stages. In October, amongst a build-up of world-cup hype, WCI reached an all-time high of 0.03397452, increasing over 4000% from its initial price.
The project also attracted support from several football stars, including Vidal, Suarez, and Ronaldinho, which further drove its price. However, since the end of the World Cup, World Cup Inu has crashed in price, hitting new lows of $0.00005300. Given that we won’t see another World Cup for four years, its price is unlikely to bounce back soon.
While World Cup Inu (WCI) was built on trends, Orbeon Protocol (ORBN) was built to revolutionize a market. It’s already increased exponentially in value, rising from $0.004 to $0.0435 during its presale.
So what is Orbeon Protocol?
Orbeon Protocol is a multi-chain DeFi launchpad that helps early-stage businesses raise capital. In the current crowdfunding market, startups are forced to compete to attract the attention of venture capitalists.
With Orbeon Protocol, startups can choose how much of their business they’re willing to give away and attract investors with equity-based NFTs. These NFTs are sold directly to everyday investors, which helps startups attract investors who believe in their project whilst diversifying their funding pool.
On the Orbeon Launchpad, vetted startups can be invested in for as little as $1. Investors are also protected with a “Fill or Kill” feature, which returns investor funds if their chosen startup misses its funding target.
Alongside its launchpad, Orbeon Protocol will also showcase the Orbeon Swap, Orbeon Wallet, Orbeon Exchange, and a Metaverse, with more details being released this year. This ecosystem will operate on ORBN tokens, which have locked liquidity for ten years, and team tokens locked for one year.
ORBN has a total supply of 888 million, of which 40% will be sold during 9 presale stages. Orbeon Protocol is currently in its third presale stage and is valued at $0.0435.
ORBN holders are granted governance and voting rights, trading discounts and bonuses, and early access to funding rounds. Despite still being in its early presale rounds, analysts speculate ORBN could reach highs of $0.24, with early-stage investors making huge returns on their investments.
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