Since late 2021, cryptocurrencies such as Hedera (HBAR) and Filecoin (FIL) have suffered significant losses as a result of the bear market. This has made the cryptocurrency industry an especially hard hit. Orbeon Protocol (ORBN), on the other hand, is a project that has defied the general trend during this period by exhibiting a price increase that has been consistent throughout phase 3 of the public presale.
Orbeon Protocol (ORBN)
Orbeon Protocol Protocol (ORBN) is a game-changing crowdfunding platform that distinguishes itself from its competitors by two game-changing characteristics:
1) blockchain technology offers unparalleled levels of both privacy and accountability.
2) The ownership of a startup company can be represented via fractionalized non-financial instruments (NFTs).
These two components make it possible for the average investor to participate in the thriving startup economy at significantly reduced entry costs compared to more traditional ways of crowdfunding. In light of this, Orbeon Protocol (ORBN) is an excellent option for cryptocurrency investors who are seeking to diversify their holdings in light of the current market conditions.
Accessing a global network of investors is made exceptionally simple through the use of the platform, which makes it ideal for use by new businesses that are in the process of raising capital. Because the entirety of the procedure is now handled digitally and safely on the blockchain, there is no longer any need for the time-consuming and expensive paperwork that was previously required.
Because Orbeon Protocol’s (ORBN) intelligent contracts eliminate the requirement for any third-party intermediaries, startup owners are free to concentrate on the most important aspects of their companies. Solid Proof conducts quality assurance checks on these smart contracts on multiple occasions to assure their accuracy and consistency.
To have access to the platform and all of its features, ORBN tokens are required. Holding Orbeon Protocol (ORBN) offers early access to pre-sale possibilities, reductions on fees, staking prizes, and further benefits as the platform develop. This is done to further incentivize the use of the platform.
The public presale for Orbeon Protocol (ORBN) is currently in phase 3, and participants can purchase ORBN tokens at a price reduction of $0.0362 for each ORBN pass. It appears that investors are beginning to take notice of the Orbeon Protocol (ORBN), which is an exciting project with tremendous potential since more than 40 million ORBN tokens have already been sold during this final presale period.
Hedera (HBAR) (HBAR)
Hedera (HBAR) is a public blockchain ledger that was created specifically for use in enterprise solutions. Hedera (HBAR) employs a one-of-a-kind consensus technique known as Hashgraph, which makes it possible to conduct transactions in a manner that is nearly instantaneous and to store data in an extremely safe manner.
The remarkable Hedera (HBAR) Governance Council is comprised of 39 members, some of whom are well-known and reputable companies like Google, Boeing, and IBM. Even though these names are remarkable, the cryptocurrency market asserts that this method is excessively centralized.
Regrettably, Hedera (HBAR) has been eclipsed by a large number of competitors in the market, and it has been difficult for it to obtain widespread adoption. The market performance of Hedera (HBAR) has suffered as a result of this, with Hedera (HBAR) falling by more than 92% since late 2021. At this moment, one Hedera (HBAR) token can be purchased for $0.004116.
Filecoin (FIL) (FIL)
Filecoin (FIL) is a decentralized storage network to provide an alternative to conventional ways of data storage that are both more secure and more reliable. Users are no longer required to rely on centralized servers, which reduces the risk of data theft and hacking. Filecoin (FIL) makes this possible.
The Filecoin (FIL) network is capable of storing almost any kind of data, and users have the extra benefit of being able to purchase storage space using FIL tokens. FIL tokens can be used to buy storage space. Filecoin (FIL) provides miners with an incentive to offer storage facilities, which results in the creation of a robust network that functions without the requirement of centralized servers.
Unfortunately, since late 2021, Filecoin (FIL) prices have experienced enormous losses totaling more than 98%, and as a result, investors in Filecoin (FIL) have been skeptical about participating in the project. The bear market, in addition to some uncertainty regarding the project’s development duration and rollout schedule, is probably to blame for this situation. At this moment, one Filecoin (FIL) can be purchased for $3.13.
Learn More About the Pre-Sale for the Orbeon Protocol Here.
The article “Investors Bet on Orbeon Protocol (ORBN) During Bear Market, Hedera (HBAR), and Filecoin (FIL) Regain Traction” was first published on Analytics Insight.