- Orbeon Protocol looks to utilize DeFi technology to impact startup funding.
- One (ORBN) is currently worth $0.0435, up over 1000% from its initial price of $0.004.
The crypto market is continuously offering new opportunities for investors. With its fast innovation and revolutionary ideas, a single project can go from a startup to dominating a market in a matter of years.
Two projects that have the potential to do so are Orben Protocol and Decentraland. Orbeon Protocol looks to utilize DeFi technology to impact startup funding, while Decentraland looks to become a top contender for the world’s best Metaverses. Here’s why both are great investment opportunities in 2023.
Orbeon Protocol (ORBN) Set To Pioneer DeFi Crowdfunding
Orbeon Protocol is an exciting DeFi launchpad that seeks to help startups raise funds. In the current crowdfunding market, startups are limited to banks and venture capitalists for funding. With Orbeon protocol, startups can raise funds directly from people interested in their project, letting them build a community while raising the money they need for development.
Here’s how it works.
Startups use the Orbeon Launchpad to create equity-backed NFTs. These NFTs are then fractionalized and sold to investors, who can buy into a business for as little as $1. Once purchased, NFTs are stored in the investor’s decentralized Orbeon Wallet and can be traded at the Orbeon Swap.
To guarantee investor safety, Orbeon Protocol smart contracts use a “Fill or Kill” mechanism. This mechanism automatically refunds investors if their chosen startup misses its funding targets.
As well as a swap, launchpad, and wallet, Orbeon Protocol will also offer an exchange and Metaverse, designed to pioneer MetaFi and DeFi. This ecosystem will use (ORBN) tokens, which will be used for transactions.
Orbeon Protocol is currently in the third stage of its presale, and has sold 54,314,138 ORBN tokens. One (ORBN) is currently worth $0.0435, up over 1000% from its initial price of $0.004. ORBN holders are granted several rewards, including staking bonuses, early access to funding rounds, and access to exclusive investor groups. To prevent a rug pull, ORBN liquidity will be locked for ten years, and team tokens will be locked for one year, released quarterly on month thirteen.
With huge potential to impact a billion dollar industry, Orbeon Protocol has quickly become one of the most in-demand crypto projects of 2023.
Decentraland Attracts Players And Real World Businesses
Decentraland is a unique Metaverse built on Ethereum (ETH) designed with a focus on digital real estate, in-game activities, and play-to-earn gaming. Decentraland uses two cryptocurrencies to operate: MANA and LAND.
MANA is the main in-game currency and can be used to play games with friends, pay for in-game tasks, and trade goods. LAND is used for NFT transactions and buying land plots.
In just three years since its release in February 2020, Decentraland has attracted a user base of over 300,000 players and businesses such as JPMorgan, who have created a lounge in Decentraland known as the Onyx Lounge. Several districts have also been created for art galleries, entertainment venues, and even casinos, where players can gamble with in-game currency.
As the user base for Decentraland grows, the project has the potential to offer huge returns for investors in the upcoming year.
Find Out More About The Orbeon Protocol Presale
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