As 2022 draws to a close, it’s clearly been an eventful year for the cryptocurrency scene, with the first half being an ugly period for the market. The spectacular and costly collapse of Terra/LUNA was almost an extinction-level event for the crypto world, and not even big players escaped.
Crypto is not going away but investors may need to be more discerning going forward. With that in mind, three coins stand out – Elrond (EGLD), Stellar (XLM) and Orbeon Protocol (ORBN).
Orbeon Protocol (ORBN) demands early attention
The hugely positive reaction to Orbeon Protocol’s presale phase is a very good indicator of the project’s potential. Highly anticipated, several experts and analysts have said that they expect ORBN’s price to increase by as much as 6000% during its presale period, ending in January 2023.
Orbeon Protocol aims to transform the venture capital and crowdfunding industries. By enabling regular people to invest in the most promising startups for as little as $1 - through bespoke, fractionalized NFTs. Orbeon Protocol is smashing barriers and sharing access to the lucrative startup investment industry.
The platform looks set to offer a complete ecosystem, with safety being paramount. Each funding round comes with an inherent ‘fill or kill’ policy built into its smart contract - meaning that if projects don’t meet their funding goal, all accumulated investments get refunded. This provides solid protection to Orbeon Protocol users and safe entry into the VC industry.
That’s not all that the Orbeon Protocol offers. The platform also allows ORBN holders to stake their tokens for passive income from the project’s revenues. Holding ORBN also grants governance rights, enabling holders to vote on key issues within the platform and on upcoming projects. Orbeon Protocol members holding the token can receive lower fees, cashback rewards and exclusive access to VIP startup funding rounds.
Elrond (EGLD) is entering the metaverse
Elrond, a blockchain business, has now rebranded itself as “MultiversX” to mark a move into metaverse research. They are looking to further develop Web3 technology and launch products specifically aimed at the metaverse market, while they continue to enhance their layer 1 blockchain by improving scalability.
In the hypothetical world of the metaverse, the internet could be utilized to create an immersive virtual setting for activities like work, play, socializing, and events. Elrond appears to be taking a leaf out of social media juggernaut Facebook, which last year changed its name to Meta to represent its goals for the metaverse, together with a redesign. It’s a whole adventure for Elrond and likely to bring big dividends.
Stellar (XLM) is reaching out to a different market
To make it simpler to store and transport money, Jed McCaleb and Joyce Kim founded the open network Stellar at the beginning of 2014. The Stellar platform sought to advance financial inclusion by providing access to financial services to those who are "unbanked" wherever they may be in the world. It is becoming crucial over time to use blockchain technology as a link between financial institutions.
A low-cost international trading platform for tokens is being created by Stellar. The network's Lumens (XLM) currency provides support for the Stellar blockchain-based activities. It is believed that the Stellar network would address the present problems with payment providers that typically charge outrageous charges for identical services.
The best time to buy ORBN is right now, while the token is still priced at $0.009. If experts are correct, that price will soar up to $0.24 by early next year. Orbeon Protocol looks likely to deliver handsome returns for the investors who look ahead, and it would be wise to get in as early as possible.
Find Out More About The Orbeon Protocol Presale