Following the crypto winter in 2022, some projects have bottomed out, posting impressive gains amid renewed investor interest. Cardano (ADA) Polygon (MATIC) and Orbeon Protocol (ORBN) are some of the projects well poised to pump as the market goes green.
Renewed interest is due to the project’s strong business proposals in the race to enhance interoperability, transactions, and investing.
Orbeon Protocol Opening Up Crowdfunding
ORBN, the native token, is on the cusp of breaking out owing to the solid potential and robust use case of the Orbeon Protocol. In addition, a move to revitalize the crowdfunding and venture capital sector has set the unique project on the path to tremendous success.
For the longest time, everyday investors have struggled to get hold of opportunities in early startup firms. The high barriers to entry in terms of capital requirements have made the segment a precept of wealthy investors with deep pockets.
With the help of non-fungible token technology (NFT), Orbeon Protocol is enabling fractionalized equity stakes that allow people to invest little money for a stake in startups. For as little as $1, everyday investors should gain access to early startup firms by investing in fractionalized stakes.
Startups can target a wider pool of investors when looking to raise funds. Additionally, every business listed on the decentralized platform to raise funds must undergo a thorough screening process. Orbeon Protocol has also enabled a fill-or-kill mechanism that returns funds to investors whenever startups fail to reach the funding objective.
ORBN is the token to power the Orbeon Protocol allowing people to invest in the NFT’s fractionalized stakes. Additionally, it is to offer a range of benefits, including transaction fee discounts and stacking bonuses on locking ORBN to enhance liquidity.
Polygon Enhancing Interoperability
Polygon is another crypto project that has started the year on a roll in inking a string of high-profile projects and partnerships with well-known companies. Built on the Ethereum blockchain, it is a layer two blockchain that combines transactions to lower the cost of each transaction while also making the blockchain scalable.
Corporations have flocked to Polygon Matic owing to its scalability and development resources. For instance, Meta Platforms Instagram has already created NFTs on its blockchain. Stripe is another high-profile partner using Polygon to enhance payments as Starbucks leverages it to develop a new NFT loyalty program.
Polygon Matic is destined to continue trending up as it attracts more partners and brings in more people to continue using its blockchain.
Cardano: dApps and Smart Contracts Platform
Cardano is also destined for an impressive year after a roller-coaster in 2022. As blockchain technology becomes mainstream, it remains a preferred platform for developing and deploying smart contracts and decentralized applications.
It is often touted as the Ethereum killer, as it was developed to address critical issues around scalability, decentralization, and security. Significant upgrades are also coming that should make Cardano more efficient. Hydra, the network layer two scaling solution, is expected to allow transactions to be carried out off-chain, relieving some pressure on the main chain.
Bottom Line
As the cryptocurrency sector experiences a surge in growth and innovation, Orbeon Protocol stands ahead of the pack in moving to redefine and lower the barriers of entry in the crowdfunding sector. After a successful pre-sale, it is poised to pump in 2023, joining Cardano and Polygon, which are also on a roll.
Find Out More About the Orbeon Protocol Presale:
Website: https://orbeonprotocol.com/
Source: https://en.cryptonomist.ch/2023/02/17/orbeon-protocol-opening-crowdfunding/