Orbeon Protocol (ORBN) skyrockets in presale; could outpace Cronos (CRO) and Monero (XMR)

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Orbeon Protocol (ORBN) skyrockets in presale; could outpace Cronos (CRO) and Monero (XMR)
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With many established projects, including Cronos and Monero, feeling the pain of the bear market, many savvy users are assessing other projects to try to identify the next big thing. Orbeon Protocol is making a name for itself within private investor groups; as seen by the massive success of the presale with recorded gains of 525%, many are confident big things are on the horizon.

Orbeon Protocol

Orbeon Protocol has carefully positioned itself as a disruptor across the venture capital and crowdfunding sectors, utilizing blockchain technology to connect businesses and investors in a revolutionary way.

The project centres around its platform, with the Orbeon Exchange acting as a launchpad for businesses seeking to start funding rounds. Orbeon Protocol then creates the opportunity to invest in exciting early-stage startup companies for everyday investors, all for as little as $1.

Orbeon Exchange operates on an NFTs-as-a-Service model, with fractionalized, equity-backed NFTs ensuring that users have explicit, on-chain ownership. The ecosystem also features Orbeon Swap, enabling users to trade cryptocurrency and providing a secondary market for the fractions of equity-backed NFTs they hold.

The project couldn’t function without ORBN, the utility token required across the Orbeon ecosystem. It also holds wider benefits for holders, such as access to private investor groups and trading discounts at Orbeon Swap. With a supply of just 888 million, 40% of ORBN’s total supply is available during the private presale.

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Cronos

Since its initial inception in 2018, sentiment towards Cronos has had a huge amount of interest; however, in recent times, The exchange token for crypto.com, Cronos, has seen some testing times recently in light of the pressure put on exchanges following the spectacular fall of FTX. Cronos has so far held up impressively in light of a high volume of withdrawals from its platform as users fear the worst.

Provided Cronos’ parent company Crypto.com can continue to weather the storm, it’s likely to retain its status in the top five exchanges, with their native token Cronos price being a key indicator. The challenge facing their native token, Cronos is that as TradFi begins to enter the crypto market, it will be difficult for Cronos to maintain its market share.

Monero

Monero often draws parallels with cash, given that it boasts incredible levels of privacy and is fast and secure. It offers users the ability to transact in private. Monero uses proof-of-work as its consensus mechanism, although, unlike Bitcoin, it has developed to attempt to allow small mining set-ups to be still viable.

Governments do not like Monero, as the level of privacy is not compatible with the level of oversight that governments have across modern global finance. With the development of regulation and its likely implementation over the next year or two, we may see action taken to limit the feasibility of using Moneros XMR for transactions.

This means that the upside for Monero is relatively limited, as it’s unlikely to be able to connect with the broader financial system that we all use day-to-day. While Monero may retain a place as a special-use currency, it’s unlikely to see adoption significantly beyond current levels.

Conclusion

While Cronos and Monero are no doubt interesting projects, it seems clear that Orbeon is destined to continue its rapid growth and catch up fast.

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register 

Telegram: https://t.me/OrbeonProtocol


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.