It has been a wild couple of days in the world of cryptocurrencies. Decentraland (MANA) has seen an incredible pump, Orbeon Protocol (ORBN) has sold millions of tokens during its presale, and Ethereum (ETH) has seen increased adoption due to the shift towards Defi.
Decentraland (MANA) is an Ethereum-based virtual reality platform. Here, users can purchase virtual land, create content and applications, and earn rewards from the Decentraland (MANA) platform.
Recently, Decentraland (MANA) has been on a major bull run, with the price rising 70% in just a few days. This surge is likely due to increased adoption and partner integration with Decentraland (MANA). In fact, Samsung America is currently building a virtual store within the Decentraland (MANA) platform.
Decentraland (MANA) is still more than 88% down from the all-time high price of $5.90 per token in late 2021. However, with this latest surge, Decentraland (MANA) holders may be looking at a bright future where the top companies in the world build within the Decentraland (MANA) virtual world.
Ethereum (ETH) is one of the most popular cryptocurrencies on the market, and it has seen increased adoption in recent months due to its role as the backbone for Defi. Ethereum (ETH) is used to power decentralized applications (apps), smart contracts, stablecoins, non-fungible tokens (NFTs), and more.
Recently, NAB — one of the largest banks in Australia — revealed that Ethereum (ETH) would be used as the foundation for their stablecoin. This is yet another example of the growing adoption of Ethereum (ETH), and could potentially lead to further price appreciation.
In terms of the Ethereum (ETH) price, it is currently battling against bearish pressure, hovering around $1,545. However, analysts remain bullish about Ethereum’s (ETH) long-term prospects and expect Ethereum (ETH) to surge toward new all-time highs as more companies turn to Ethereum (ETH) for their blockchain needs.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is bringing a decentralized approach to the world of crowdfunding. This approach brings about key differences when compared to traditional crowdfunding such as Kickstarter.
Built on blockchain technology, Orbeon Protocol (ORBN) allows users to create and deploy their own fundraising campaigns without having to rely on large centralized intermediaries.
Orbeon Protocol (ORBN) mints fractionalized NFTs that represent the ownership of equity in each project. This allows for fractional ownership and high liquidity for each project.
Orbeon Protocol (ORBN) uses a utility token to facilitate transactions within the platform, ORBN, powering the fundraising campaigns and providing incentives for those who participate.
Orbeon Protocol (ORBN) uses smart contracts to manage fundraising campaigns and facilitate transfers of ownership between users. No longer are middlemen needed to manage these processes.
These key differences are why the Orbeon Protocol (ORBN) is positioned to become the go-to platform in the $13+ billion crowdfunding market. And the presale numbers back this up, with Orbeon Protocol (ORBN) having sold millions of tokens during its presale so far. There isn’t much time left for investors to get in on the presale, so be sure to act soon if you’re interested.
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