Does Orbeon Protocol have the potential to generate a 6000% ROI for investors?
Orbeon Protocol (ORBN) promises to be an innovative way to allow ordinary investors opportunities to invest in early stage web2 and web3 projects. Although crypto launchpads already exist, Orbeon Protocol is disrupting the industry by creating and selling fractionalised NFTs to represent investments in upcoming projects, from as low as $1. Orbeon Protocol will carefully vet each project and use a ‘Fill or Kill’ mechanism, meaning that if a project doesn’t meet 100% of its funding goal, all invested capital is returned to investors. This will assure the community that the project is well supported, and has enough money to fulfil its roadmap.
Orbeon Protocol solves problems in the current crypto venture capitalist landscape by providing an integrated wallet and exchange, used for tokens and NFTs. This means everything is frictionless and held in one ecosystem, unlike other launchpads which can be confusing and disparate.
The crypto community has already shown its enthusiasm for Orbeon Protocol, with its first round of presale selling out in a matter of days. Some industry experts are predicting a 6000% rise in the price of ORBN from presale prices. Orbeon Protocol is now in the second round of fundraising, with 1 ORBN offered for $0.0144.
Can Instagram save FLOW?
Flow (FLOW) is a blockchain built by Dapper Labs, specifically for NFT collectibles and games. Dapper Labs is best known for buying out Axiom Labs’ Cryptokitties, and for the NBA topshot marketplace for NFTs on Flow, which has generated over 1bn in sales since July 2020. This is still a very successful dapp for Flow but it’s worth noting that sales are down considerably from the February 2021 peak of over $200 million to $2.6 million in October 2022.
Flow made headlines by partnering with Facebook’s Meta, trialling the integration of NFTs with Instagram for showcasing. This is exciting news for Flow, and pushed token prices up to $2.50 on 4th August 2022. However, Instagram are also integrating Ethereum, Solana and Polygon.
Furthermore, there has been significant pushback against Meta from various sources such as Animoca Brands, who see Meta as a threat to the interoperability of the metaverse, and the FTC who recently sued them.
Ultimately, the hype didn’t sustain the price of FLOW which is now trading at $1.23, way down from its all time high of $39.40 on 5th March 2021, making Flow a uncertain investment for the future.
What does VeChain actually do?
VeChain (VET) aims to solve the problem of counterfeit goods by tracking each part of the delivery chain. This is an interesting use case for crypto, with partners like PwC and Walmart China. Critics have pointed out that a QR code could have similar benefits at a much lower cost, but maybe there is extra security with a distributed ledger such as with VeChain.
Previously, VeChain was based in Shanghai and overexposed to Chinese partners (given China’s crackdown on crypto), but VeChain have now expanded their European operations, opening an office in Ireland, and a new HQ in San Marino.
However this has done little for the price, with VeChain currently trading at $0.0191, down over 90% from its all time high of $0.2782, and less than the launch price of $0.02.
VeChain recently signed an advertising deal with the UFC; it’s questionable if this will attract the institutional investors needed to bring VeChain back to former highs.
Price predictions for VeChain are mostly bad, with WalletInvestor predicting a continued downward trend, and technical analysis offering similarly dismal insights.
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