Published
1 year ago on
November 01, 2022
With stagnant prices that have left many investors of Polygon (MATIC) And Ethereum (ETH) feeling bearish about the future of the cryptocurrency industry, it is easy to forget that there are still plenty of projects out there working hard to innovate and bring new solutions to the table. One such project is the Orbeon Protocol (ORBN), which is currently in phase 1 of its presale and is set to raise $10.5m in the next coming weeks.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) uses blockchain technology to offer venture capital opportunities to anyone who wants to participate, regardless of their location or investment experience. The disruptive model of the Orbeon Protocol (ORBN) involves the sale of equity-based NFTs that give direct ownership of a company’s underlying assets to the investor.
The use of NFTs opens the door to fractionalization, which allows for a much smaller minimum investment amount than traditional venture capital models. This, in turn, makes it possible for a wider range of people to get involved in early-stage investing.
ORBN is the token that powers the whole ecosystem. In fact, it is used for governance and voting rights, discounts on trading and transaction fees, staking bonuses and rewards, access to exclusive investor groups, and so much more. Such utility is rarely seen in other tokens, which is why it has caught the attention of both the Polygon (MATIC) and Ethereum (ETH) communities.
The crowdfunding market is currently estimated to be worth $13.5Billion. If Orbeon Protocol (ORBN) can capture even a small portion of this market, it could see tremendous growth from its current $3,552,000 market cap to over $1B.
With the project’s presale now live, there is a lot of excitement in the community about what the future holds for Orbeon Protocol (ORBN). So far, the team has managed to sell 63,936,000 ORBN during a 6 hour private sale, with a current price of $0.004 per token and the price is expected to jump to $0.008 before the end of the week.
