Orbeon Protocol (ORBN) is currently up over 100% whilst still being in phase 1 of its presale and both Cosmos (ATOM) and Chainlink (LINK) are providing healthy returns as well. With fractional shares becoming increasingly popular among investors across the globe, it is no wonder that hopes are high for Orbeon Protocol, a newcomer on the crypto markets that is set to stir up the venture capital industry. On the 1st of November 2022, Cosmos (ATOM) hit a 30-day high of $14.38 whilst Chainlink (LINK) did the same a day earlier, reaching as high as $8.14.
Why Cosmos (ATOM) Hit its 30-Day High
The main reason Cosmos (ATOM) hit its 30-day high was because the updated version of the Cosmos Hub white paper went live the day before. In the revised white paper, the issuance model of Cosmos was renewed, hoping to increase interchain operability and Cosmos’ ecosystem as a whole. As of writing this post, Cosmos staking provides healthy returns of roughly 9.7% APY, another reason many investors are eager to buy into Cosmos as a source of passive income.
Why Chainlink (LINK) is Performing so Well
Chainlink is currently performing really well because its project’s co-founder Sergey Nazarov announced that Chainlink staking mechanism will be totally revamped[1] . In December, the new Chainlink staking mechanism will go live and with the decentralized finance sector continuing to grow rapidly, it becomes clear for the everyday investor why Chainlink is so much in the green lately.
For the time being, investors can only lend out their ChainLink tokens at 2.49% APY via DeFi platforms, but this is set to change. Cryptocurrency experts predict that the average APY for ChainLink staking will be between 6% and 9%.
What is Orbeon Protocol?
Orbeon Protocol is a blockchain investment platform that is set to disrupt and revolutionize the crowdfunding and venture capital industry with its fractional NFTs. Normally, only high-net-worth individuals, angel investors, and specialized venture capital companies have the opportunity to invest in the early stages of companies and cryptocurrency projects, but Orbeon Protocol (ORBN) allows small retail investors to invest in seed rounds by the use of fractional NFTs.
Start-up companies can be minted as fractionalized NFTs on the Orbeon Protocol platform, and purchased by investors for as low as $1. This provides huge accessibility for retail investors while allowing companies to raise capital quicker than traditional venture capital would allow.
One of the best things of Orbeon Protocol is that it uses a ‘’Fill or Kill’’ mechanism, meaning that if the company or project fails to raise enough funding within a specified timeframe, the NFTs will be burned and the invested money will be returned instantly to its investors.
Cryptocurrency experts have predicted that ORBN, the native token of the Orbeon ecosystem, will surge even higher the upcoming weeks, with some stating that the token will increase by as much as 6,000% before year’s end.
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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Source: https://www.thecoinrepublic.com/2022/11/06/orbeon-protocol-orbn-is-up-100-cosmos-atom-and-chainlink-link-also-providing-good-returns/