The bear market is taking its toll on crypto and the wider economy. While both Bitcoin (BTC) and Ethereum (ETH) have been in free fall for the past few months, Orbeon Protocol (ORBN) has seen an impressive surge in price during the public presale. Let’s find out why.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) enables investors to access early-stage startup deals that have traditionally been restricted to only high-net-worth individuals. This is made possible through the sale of fractionalized NFTs that are used to represent ownership in pre-IPO startups.
This new way of investing opens up the possibility for investors of any size to access early-stage deals, giving them access to high returns that were previously unattainable. With Orbeon Protocol’s (ORBN) smart contracts, investors can easily monitor and manage their investments in real-time.
For the startups themselves, Orbeon Protocol (ORBN) provides them with access to a large pool of potential investors who can provide the much-needed capital for their businesses. No longer needing to rely on large venture capital funds, startups can now raise money more quickly and easily.
Smart contracts are also used to ensure that investors’ money is only released when the agreed-upon milestones have been achieved. This helps protect investors from fraud or if a startup fails to hit its targets.
ORBN is the token that powers the Orbeon Protocol (ORBN) and can be held in the official wallet to secure a number of benefits, like additional discounts and access to exclusive deals.
The ORBN token has seen an impressive surge in price since the public presale, with investors hoping to capitalize on the potential of this new way of investing. Plus, with major exchange listings due to be announced soon, the ORBN token could see its value rocket even higher.
Created by an unknown person or group under the pseudonym, Satoshi Nakamoto, Bitcoin (BTC) was one of the first cryptocurrencies ever created. It has since become the most popular, with a current market capitalization of more than $300 billion.
Those who bought in early made a killing, but now the bear market has taken its toll. Bitcoin (BTC) and other cryptocurrencies have been seeing steep declines in price recently. In fact, Bitcoin (BTC) is down more than 75% over the past 12 months.
A combination of geopolitical uncertainties, waning investor confidence, and a lack of liquidity have all been factors contributing to the crypto bear market. However, Bitcoin (BTC) was built to thrive in conditions of high inflation and low liquidity, so it remains to be seen whether this is just a temporary setback.
Created by Vitalik Buterin, Ethereum (ETH) is the second most popular cryptocurrency after Bitcoin (BTC). While it doesn’t have the same level of adoption as Bitcoin (BTC), Ethereum (ETH) is the backbone of the decentralized world.
It has gone on a huge run over the past few years, with its market capitalization reaching more than $300 billion at the height of its powers. Unfortunately, like Bitcoin (BTC), Ethereum (ETH) has been hit hard by the bear market and is currently down more than 75% over the past 12 months.
Much of this decline can be attributed to the economic turmoil around the world, but Ethereum (ETH) is also facing some scrutiny around the transition to a proof-of-stake consensus, with some experts claiming that Ethereum (ETH) has lost its decentralization.
Find Out More About The Orbeon Protocol Presale
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