Kava (KAVA) looks solid
Kava is a decentralized lending platform formulated by Kava labs in 2018. Its mainnet went live in November 2019. The Kava team raised $3 million in the same year by selling 6.5% of its native coin, KAVA, in a token sale on the Binance cryptocurrency platform.
In June 2020, Kava's decentralized lending platform went live, allowing customers to pledge BNB as security for USDX loans. BNB contracts of $24 million were signed by August 2020, with $8 million financed.
In October 2021 they announced a link-up with the Hummingbot Foundation, a top open source trading bot and arbitrage bot toolkit initiative in the cryptocurrency space. Hummingbot facilitates the development of centralized or decentralized trading bots for pretty much any platform you care to mention.
Prior to the link-up with Hummingbot, KAVA had 280K users and had chalked up some $1.8 billion in transactions for an asset aggregate of $2.1 billion. Its initial phase of development received $185 million in funding, and there are still two more phases to go. The current price trend indicates very positive investor sentiment for Kava that seems likely to continue to grow given the solid use-case behind the coin.
Orbeon Protocol (ORBN) is setting the stage for explosive growth
The native coin of the Orbeon Protocol, ORBN, is currently available in presale. The first presale phase commences at the end of October and will run until 27th November, the second phase will then commence and run until 29th December when the third and final phase takes over until 25th January 2023. The total supply of coins is 888,000,000 and 40% of those will be available for purchase over the course of the presale.
Orbeon Protocol’s vision is crowdfunding and venture capital re-invented and this is being achieved through Orbeon’s decentralized investing platform on which start-up companies and other businesses seeking venture capital can raise this directly by minting their investment opportunities as fractionalized NFTs. These can be purchased by investors for as low as $1.
Following the presale, in stage 4, Orbeon will release their own wallet, multi-chain integration, a Tier-1 CEX listing together with an onboard brand ambassador. Then, in stage 5, a multiverse launch (Orbiverse) and more.This diverse ecosystem is powered by the ORBN token which grants its holders governance rights, staking rewards and transaction fee discounts.
The coin price currently sits at $0.004 but analysts are loving this model and are confidently predicting a price growth of up to 6000% by the close of the presale phase.
Find Out More About The Orbeon Protocol Presale
Kava (KAVA) and Orbeon Protocol (ORBN); newcomer projects continue to appreciate in value
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