Too Late for Solana (SOL)?
Solana is a trending layer-1 blockchain. It aims to create an ecosystem with seamless, fast, and secure communication between the components of its ecosystems and doesn’t want its users to have to rely on slower layer-2 solutions. Solana is also a popular platform for launching NFT projects.
While Solana’s sustained price pump from the last bull market is now over, new investors might be in luck. Solana (SOL) was recently involved in a black swan event with the crypto exchange FTX. Speculation about its future has dropped the price by about 50% in a 24-hour period. While there is no knowing whether or not Solana will recover, investors who buy now will enjoy massive gains if Solana (SOL) ever returns to its all-time high.
Orbeon Protocol (ORBN) Presale Sees Soaring Demand
Unlike Solana (SOL), Orbeon Protocol (ORBN) is brand new to the cryptocurrency space. However, in a short period of time, it has garnered mass interest from investors as a decentralized investment platform with huge potential to disrupt the venture capital industry.
Orbeon Protocol mints fractionalized, equity-backed NFTs for startups to issue on the Orbeon platform as a form of fundraising. Investors can then make smaller investments in those companies by buying and trading these fractionalized NFTs (F-NFTs) for as low as $1. This means anyone can access the venture capital market with Orbeon Protocol, bringing needed decentralization to the space.
Orbeon Protocol uses a “Fill or Kill” mechanism that returns NFTs to investors if and when a round of investing falls short. This mechanism is baked into Orbeon Protocol’s smart contracts and triggers automatically when a fundraising round fails to meet its goal within the agreed timeframe. Unlike other funding platforms, investors don’t have to worry about getting their NFTs back if an initial funding round fails.
The Orbeon Protocol Ecosystem is powered by the ORBN token. Orbeon Protocol (ORBN) Holders get perks like governance, staking, and discounts on trading fees. ORBN’s current price of $0.014 isn’t expected to last long as market experts are expecting a massive 6000% surge in price to $0.24.
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