The non-fungible token (NFT) phenomenon is just beginning to take off, but it has the potential to revolutionize commerce and finance. One way to explore these benefits is through the creativity of NFT protocols. Protocols are decentralized exchange infrastructures that help to facilitate the delivery of an NFT asset class. These platforms have innovative uses and ensure that NFTs can be traded securely.
One platform with great potential is Orbeon Protocol, which aims to revolutionize the crowdfunding and venture capital industries. Orbeon Protocol is currently in phase 1 of its pre-sale and holds great potential.
Overview: Polygon vs. Orbeon
Orbeon Protocol is an investment platform built to change the face of Venture Capital and Crowdfunding . Its mission is to facilitate, promote and evolve the global metaverse industry by offering unique avenues to crowdfund projects via fractionlized NFTs. The goal is to bring all relevant stakeholders together to collaborate and implement policy decisions that will shape the future of decentralized forms of investment.
The token used within the Orbeon Protocol platform is $ORBN which can be staked to earn a passive income. Analysts forecast a 6,000% rise in price during the pre-sale to $0.24. The initial starting price is $0.004. During the initial offering, 888,000,000 tokens will be available, with only 40% going into public pre-sale.
Although not everyone will be familiar with Polygon, you will have probably heard of Ethereum. It is one of the first and most popular blockchain platforms. It allows developers to create and manage dApps, smart contracts, tokens, and decentralized applications.
Unfortunately, Ethereum’s architecture has experience issues regarding token scalability, transaction speeds and gas fees. These issues have been addressed in Polygon’s platform by using additional Layer 2 blockchains. The Polygon NFT protocol uses native MATIC tokens as its second-layer network currency. Polygon pays users in MATIC, which are earned by staking and can be used to purchase NFTs.
Polygon vs. Orbeon: Price
Currently, the Orbeon Protocol is in the first phase of its pre-sale. The initial starting price is $0.004, and investors are looking at a 6,000% increase in price before the end of the pre-sale.Orbeon Protocol tokens will be locked up for ten years to prevent market manipulation. In addition, analysts forecast an increase in value from $0.004 per token to approximately $0.24 by the end of the pre-sale.
On the other hand, Polygon MATIC has made significant progress since its initial release in 2017. Polygon has grown at an astounding rate of up to 44 percent. The upswing is projected to continue in the following years. According to Coingecko data, the price of MATIC has climbed by around 9,059 percent as of 1 January 2021. The surge in active wallet users, which has reached over 282,760 individuals, is one element boosting the MATIC price.
Polygon Vs. Orbeon: Market Cap and Supply
Orbeon has a total supply of 888 million tokens for public pre-sale, representing only 40% of all tokens in circulation. The remaining tokens will be locked up for ten years. The Polygon (MATIC) circulating supply is 8.73 B MATIC and a max supply of 10 B MATIC.
Polygon Vs. Orbeon: Features
Orbeon Exchange allows businesses to raise capital via reward-based or equity-based NFTs. Companies can use these tokens as a way to incentivize employees and build loyalty with their community. Orbeon Wallet will enable users to buy, exchange and hold cryptocurrencies and NFTs in one place.
On the other hand, Polygon is an Ethereum-compatible blockchain for low gas fee transactions. Polygon aims to provide high-speed transaction services that are faster than those offered by Ethereum. Polygon’s MATIC network provides a way to stake assets on the Polygon network to earn rewards. Users can also use the Mint NFT feature, which allows developers to bring gasless NFT minting features to their products.
Polygon and Orebon are two projects with specific use cases that enable NFT to be investigated for various reasons. Polygon is lowering the barrier to scalability and making it easier for blockchain developers to create decentralized apps. At the same time, Orbeon Protocol’s primary focus is the finance and crowdfunding arena, intending to connect investors with businesses.
Find Out More About The Orbeon Protocol Presale
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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