The cryptocurrency market is in a state of flux at the moment, with most coins seeing some level of decline. However, Orbeon Protocol (ORBN) is bucking the trend and maintaining its bullish momentum during phase 3 of the public presale. Let's take a look at what's driving the positive sentiment.
Orbeon Protocol (ORBN) is a crowdfunding platform for startups with one major difference — it uses blockchain technology to provide a secure and transparent marketplace. This blockchain technology also features fractionalized NFTs, which are sold to investors as a form of fundraising for startups.
This is a win-win for both startups and investors — startups can access new sources of funding, while investors can get in on the ground floor with potentially lucrative investments from as low as $1. Plus, fractionalization means that anyone can invest, no matter how much money they have.
There is no place for middlemen or greedy venture capitalists in the Orbeon Protocol (ORBN) ecosystem, allowing investors to reap maximum returns. Smart contracts are used to process everything, creating an immutable marketplace for equity-based crowdfunding.
ORBN is the native utility token for the Orbeon Protocol (ORBN) ecosystem. It is used to facilitate transactions, pay fees and reward users who contribute to the platform's success. Perhaps the biggest benefit to holding ORBN is the priority access it gives to profitable investing opportunities.
The positive sentiment behind ORBN has been bolstered by its impressive performance during phase 3 of the public presale following an 805% price surge. With more than 40 million tokens sold so far, the presale is expected to sell out in just a few weeks. Investors will need to be quick to grab ORBN before it gets listed on mainstream exchanges.
Binance (BNB) has emerged as one of the premier crypto exchanges in the world, with its native token BNB experiencing massive success since 2017. These days, Binance (BNB) has evolved into a multifaceted powerhouse, with its ICO Launchpad, NFT Marketplace, and Binance Smart Chain.
But while Binance (BNB) is the largest and most popular exchange, it has recently begun to experience some negative sentiment. This started during the FTX scandal, which has caused investors to be cautious about centralized exchanges and tokens like BNB.
Binance (BNB) is tackling the issue head-on by showing proof of reserves audit, which would demonstrate that it is liquid, solvent, and not engaging in malicious activities. Binance (BNB) needs to tread carefully if it is to retain its status as the premier crypto exchange, however if it can do this, BNB is poised to make significant gains.
VeChain (VET) is a Blockchain-as-a-Service platform that enables businesses to develop and deploy decentralized applications. DNV GL, a global assurance provider, and PricewaterhouseCoopers (PwC) have already built applications on the VeChain platform. This has caused the VeChain native tokens to skyrocket, with VeChain gaining adoption rapidly.
The VeChain platform is based on a Proof-of-Authority consensus algorithm that uses two types of tokens: VET and VTHO. The former is used to represent ownership of the VeChain (VET) platform, while the latter is used to pay for transactions on the network.
While adoption is happening, VeChain (VET) hasn't taken off as first anticipated back in 2018. The UFC sponsorship brings more eyes to the VeChain project, but real-world adoption will define the coin's price movements.
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
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