Orbeon Protocol Price Prediction:Pre-Sale Update
Orbeon Pre-Sale Update
Orbeon Protocol is currently running a 100% deposit bonus on all transactions.
Orbeon Protocol Price Prediction: Is Orbeon a Good Investment?
Businesses are struggling to grow and secure funding in the current Web2 environment, while Web3 remains inaccessible to smaller brands and average investors due to high barriers to entry and a lack of knowledge and trust. Orbeon protocol is a crypto crowdfunding platform that allows users to invest in some exciting early-stage businesses. In simple words, various crypto start-ups and other businesses can raise funds through the Orbeon protocol by offering equity-based NFTs.
Orbeon Protocol’s launchpad allows businesses to raise capital and launch on multiple blockchains
For investors, one of the biggest challenges is finding promising startups to invest in
- Orbeon Protocol’s ecosystem offers a safe environment for investors to engage directly with project owners and the community, making it easier to identify and invest in the next big thing
- The Orbeon Wallet allows users to buy, exchange and hold cryptocurrencies and NFTs, while the Orbeon Swap enables private and public token swapping, further increasing accessibility and ease of use.
Real-world startups can also benefit from the Orbeon Exchange –
- Every investment opportunity of a start-up will be minted into a non-fungible token and then broken into smaller portions so that anyone can invest using smaller investments. Smart contracts will be used to write the terms and conditions of the investment.
$ORBN is the utility token of Orbeon Protocol that enables the users to pay trading fees. Also, the users will be rewarded in $ORBN only. ORBN will have a total supply of 888,000,000. Following mentioned are the primary uses cases of ORBN token:
- The token holders can stake their $ORBN to earn passive income (the income earned depends on the number of tokens staked and the duration for which they are staked).
- ORBN allows its holders to participate in the governance of the protocol by providing voting rights.
Overall, Orbeon is a good use case but is likely to deal with numerous regulatory hassles.
Orbeon’s Pre-sale price is about 0.09, Richquack which is a leading crowdfunding cryptocurrency has a market cap of $58 Million. At $58 Million, Orbeon’s price should max of $0.07. If we consider Gitcoin as a leading competitor, the max price would be $0.11.
Orbeon Protocol Price Prediction: Competition analysis
One of the major competitors of Orbeon Protocol, in terms of providing crowdfunding facilities, is Gitcoin. Gitcoin is a platform and community of creators and builders who are working together to develop the future of the open internet. Gitcoin was launched with the aim to fund builders who are looking for open-source work. It uses “Quadratic Funding” to fund public goods in its quarterly Gitcoin Grants rounds.
Here is Gitcoin’s price performance in the last 12 months
- Last 7 days: -5.8%
- Last 1 month: +0.2%
- Last 6 months: -1.4%
- Last 1 year: -75.7%
Orbeon Protocol Price Prediction: Recent buzz on Twitter
People are actively talking about Orbeon Protocol and $ORBN on Twitter, as we can see that there are more than 100 tweets about the crypto within a day.
One of the reasons for this activity is that the Orbeon Protocol aims to help start-ups to raise the funds. With the growth of the start-up industry, helping the companies arrange the funds for their start-ups looks like a promising idea.
Orbeon Protocol Price Prediction: Frequently Asked Questions
When will $ORBN be launched?
Orbeon Protocol’s whitepaper says that the $ORBN token will be launched on 30th January 2023.
Where will $ORBN be launched?
Once the pre-sale period is over, ORBN tokens will be first launched on UniSwap.
Current market scenario for the crypto to be launched
The data suggest that more than 15% of the US population is actually involved in start-ups only. And, the start-up industry is expected to grow further in the future as well. Therefore, there is indeed a huge need for funding platforms as well.
Moreover, the reports say that global crowdfunding is expected to grow at a CAGR of 16.4% to reach a value of $42.93 billion by the end of 2028.
As we have studied the Orbeon Protocol aims to provide a crowdfunding platform to new and growing businesses, hence, it seems to have potential. Also, the platform is unique in itself because it will primarily focus on crypto startups through NFT minting.
Moreover, the NFT industry is also expected to grow at a CAGR of 35.7% by the end of 2028, meaning that Orbeon Protocol is literally touching every growing industry. Furthermore, it doesn’t have many direct competitors, meaning that it looks like a differentiated platform.
~Charu Taneja
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.