For a long time, NFTs have been associated with blockchain gaming and metaverse collectibles – Examples of this include Enjin Coin (ENJ) and Chiliz (CHZ). Orbeon protocol introduces MetaFi through NFTs-as-service (NFTaaS), which means real-life businesses can seamlessly issue equity in the metaverse. And you can buy Orbeon protocol’s native token, ORBN, at the price of $0.004 in the current presale round.
Enjin (ENJ): NFT solutions for everyone
Enjin strategically offers integrated blockchain solutions that allow game developers, individuals, and businesses to tokenize in-game items as NFTs on the Ethereum blockchain. It makes it easy for anyone to develop, trade, monetize, and market with blockchain, from gaming to real estate and enterprise cases.
ENJ is Enjin’s native coin and powers the entire ecosystem. Enjin Coin (ENJ) is used as a digital store of value, effectively collateralizing NFTs – generally, real-world value NFTs created on Enjin are backed by Enjin Coin (ENJ). ENJ is the minting resource for all NFTs minted on the Enjin network, and the Enjin Coin (ENJ) is burned once the minting is complete, effectively removing it from circulation.
So, the more NFTs are minted on Enjin; the more ENJ are burned. But over the last three months, Enjin Coin (ENJ) trading volume has dropped more than 78%, accompanied by an equivalently drastic drop in price, 40% down during the same period. And with the 50-day MA serving as a sticky resistance, a clear breach could see ENJ surge 50% to $0.65.
Chiliz (CHZ) capitalizes on FIFA World Cup
Chiliz (CHZ) is the cryptocurrency powering the Socios.com fan voting platform. The platform is built on the Chiliz blockchain. It allows fans to engage directly with their favorite sports teams and influence some of their decisions through voting. Just about every mainstream sports team has partnered with Socios.com. And with Chiliz (CHZ), fans can buy branded Fan Tokens from their favourite teams and become eligible for engagement-based team rewards and recognition.
Chiliz (CHZ) is one of the few cryptos to survive the crypto market sell-off. Chiliz currently up more than 140% in four months. Chiliz (CHZ)’s current bull run is attributed mainly to the FIFA World Cup, scheduled to start in late November. And given that the Chiliz layer one blockchain is expected to go live sometime before the end of 2022, the bull run isn’t expected to end any time soon.
Orbeon Protocol’s (ORBN) fresh new take on venture capital and crowdfunding
Orbeon protocol is a venture capital and crowdfunding blockchain investment platform. It allows anyone to invest in early-stage start-ups by minting these business opportunities as fractional NFTs (F-NFTs), priced from as low as $1. This new accessibility allows everyday investors to fund the next unicorn startup, an advantage that is disrupting the VC and crowdfunding industries at large.
Start-ups can use the ecosystem’s multichain launchpad to raise capital and simultaneously build a community. And the Orbeon Exchange allows them to use the protocol’s NFTs-as-service (NFTaaS) to issue equity to investors as fractional NFTs. The protocol is built on Ethereum and intends to bridge Solana, Binance Smart Chain, and Polygon for cheap and faster transactions.
Orbeon is entirely focused on value addition for investors and start-ups looking to raise funds. Investor protection is at the center of the protocol, as it has implemented an anti-rug pull mechanism to protect its pool of investors by locking its liquidity pool for ten years. The Orbeon protocol is also fully audited by Solid Proof, and all crowdfunding projects are vetted before going onto Orbeon Launchpad. Moreover, the protocol’s ‘Fill or Kill’ mechanism ensures that investors are fully refunded in the unfortunate event that the project fails to meet its target within the stated time.
The Orbeon ecosystem is powered by its native currency, ORBN. Holders of the ORBN token can stake it and participate in the protocol’s governance. Investors holding ORBN are entitled to a discount on trading fees and cashback rewards. They also get priority access to funding rounds and access to exclusive investor groups.
40% of the total 888 million ORBN are available now in the presale, ending on January 14, 2023. The demand for ORBN is clear to see, with a forecasted price increase by a factor of 6000% to $0.24.
Find Out More About The Orbeon Protocol Presale
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