While crypto prices remain stagnant, whales of Solana (SOL) and Polkadot (DOT) are looking for their next big bet. They might have found it in Orbeon Protocol (ORBN), a launchpad that connects real-world businesses directly with the crypto community.
Orbeon Protocol (ORBN) is currently in phase 1 of its presale, and it has already attracted some big-name investors.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a blockchain protocol that reinvents the crowdfunding and VC investment model by connecting real-world businesses with the crypto community. This is done via fractionalized ownership of real-world assets, which are represented on a blockchain as non-fungible tokens (NFTs).
Here’s how it works: businesses approach Orbeon Protocol (ORBN) with the goal of raising funds via the tokenization of their assets. Orbeon Protocol (ORBN) then vets the business and if it meets Orbeon’s standards, the shares are minted and made available for purchase on the Orbeon Protocol (ORBN) platform.
Investors can buy these NFTs, which represent fractionalized ownership of the business, and then store them in their digital wallets. As the business grows, so too does the value of the NFTs – it’s a win-win for both businesses and investors.
So, what is the role of ORBN?
ORBN is the native token of the Orbeon Protocol (ORBN) and it is used for governance and voting rights, access to exclusive investor groups, discounts on trading and transaction fees, staking bonuses and rewards, and so much more.
With such an important role in the Orbeon Protocol (ORBN) ecosystem, we can expect the price of ORBN to rise as the platform grows in popularity. Plus, with the crowdfunding market estimated to be worth $28.2B by 2028, there is a high ceiling for Orbeon Protocol (ORBN) growth.
The price per ORBN during presale is just $0.004 per token, and top crypto analysts have predicted the token to rise by 6,000% before the end of 2022. This is perhaps why some of the biggest whales in Solana (SOL) and Polkadot (DOT) have already jumped on board the Orbeon Protocol (ORBN) presale.
Solana (SOL) is a high-speed blockchain that enables fast, secure, and scalable decentralized applications. It was created as a solution to the scalability issues that have plagued other blockchains. With Solana (SOL), businesses can launch decentralized applications with near-instantaneous transactions and no fees.
This has resulted in some high-profile partnerships, with the likes of FTX, Serum DEX, and Akash Network all using Solana (SOL) to power their decentralized applications. The price of Solana (SOL) is currently $31.50, down 87.83% from the all-time high of $260.06. Analysts are eyeing a move back to $50 if the market can show signs of recovery.
While Solana (SOL) has the potential, there are some BIG concerns about how often the Solana (SOL) blockchain shuts down. Just a few weeks ago, on September 30, 2022, blockchain transactions were halted due to a misconfigured validator. Not only is Solana’s (SOL) code a concern, but the project is too centralized if transactions can be stopped whenever they wish.
Polkadot (DOT) is a next-generation blockchain protocol that enables scalability, interoperability, and parachains. Polkadot (DOT) was created by Dr. Gavin Wood, who is also behind Parity Ethereum, one of the most popular Ethereum clients.
According to GitHub data, the month of September saw Polkadot (DOT) achieve more than 500 contributions each day, which is a record in development activity. This shows how serious the team is about making Polkadot (DOT) the most used blockchain protocol.
The price of Polkadot (DOT) is currently $6.44, down 88.30% from the high of $55.00. Analysts are bullish on Polkadot (DOT) and believe that the price could retest $40 in the coming months.
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