The Orbeon Protocol is the first fully decentralized ecosystem powered by the ORBN token for launching and financially supporting new projects. The company’s mission is to bring venture capital, fractional investments, and crowdfunding into the 21st century.
The extraordinary rise of the Orbeon Protocol (ORBN) token over the past period has attracted a large number of investors. Also, it looks like good news is on the horizon for those who’d like to invest in this token, as they could take advantage of the Orbeon Protocol’s 25% deposit incentive for purchasing their ORBN tokens in the coming weeks of the presale.
Find more details below.
How Orbeon Protocol (ORBN) Works
By using the Orbeon Protocol investment platform to issue reward or equity-based NFTs, traditional businesses and cryptocurrency startups have the ability to start their crowdfunding on the platform in support of their next big initiative.
The Orbeon Protocol creates NFTs for each investment option in a company. These NFTs are then fractionalized (i.e., shared among more shareholders as a percentage of the same NFT, secured by smart contracts) so that people can fractionally invest with much lower starting capital.
The NFT smart contract contains all of the traditional economics and conditions and is both transparent and unchangeable. As a result, there’s total openness between the business and the clients.
Furthermore, all newly issued NFTs on the Orbeon Protocol investing platform feature automated ‘fill or kill’ capabilities, which is a major benefit for the users. If, for instance, a company fails to raise the necessary capital in the allotted period, the backers will get their money back.
Also, you can start making money on this platform with as little as 1 USD. As long as they satisfy specific criteria, such as issuing rewards or equity-based NFTs, the Orbeon Protocol network can also provide funding for the entrepreneurs.
What Is Orbeon Protocol (ORBN) Used For?
The Orbeon Protocol investment platform revolves around the ORBN token, which is used to launch launching campaigns and make contributions to ongoing ones.
Token holders using the platform’s services will spend less money by enjoying transaction fee discounts and cashback benefits given out in USDC.
The ORBN token is created to reward the community of Orbeon Platform users, as well as the crypto, NFT investors, and early adopters of blockchain-based assets.
What’s more, staking your ORBN tokens will give you access to the platform’s premium features and let you generate passive revenue. The Orbeon Protosol’s staking methodology has a progressive reward structure featuring higher tiers that will offer even more perks and passive income for investors.
Where to Buy Orbeon Protocol (ORBN)?
The token is listed on two decentralized exchanges (DEXs). The first trading platform to list this token was UniSwap, and the second was CoinGecko. The token developers intend to step up their marketing endeavors in an effort to attract more potential investors to the platform.
On UniSwap, there will be a small fee levied on each token purchase and sale. In turn, this mechanism will help stabilize the price.
How Long Has Orbeon Protocol (ORBN) Been Around?
The token’s official launch date was April 4th, 2023.
What’s Controversial About Orbeon Protocol (ORBN)?
There is no evidence or rumors to suggest that the ORBN token has been subject to any controversy so far.
How Many Orbeon Protocol (ORBN) Coins Are There?
The Orbeon Protocol whitepaper states that there will be a total quantity of 888,000,000 ORBN tokens.
Can ORBN Be Mined?
This token cannot be mined. The ORBN developers have decided to implement a vesting period for the ORBN token. By doing this, people who have bought ORBN during the presale will earn 10% of the total value of their tokens calculated every week for 10 weeks in a row.
Market Cap and Price History of Orbeon Protocol (ORBN)
On November 31st, 2022, the first round of the Orbeon Protocol presale began, with the token initially trading for a price of 0.004 USD, or 250 ORBN to 1 USD.
By February 27, 2023, the presale had reached Phase 8 of a total of 12 Phases, while the token had a value of approximately 0.0835 USD after selling a total of 649,069 tokens.
During the presale phases, the developers expect to see around 355.2 available tokens, which is around 40% of the total supply planned in the Orbeon Protocol whitepaper.
Anyone who buys ORBN tokens during the presale should be aware of the fact that the tokens won’t be delivered to their wallets until the end of the sale. On top of it, there will be a 4% sales tax and an 8% purchase tax applied to all deals. Therefore, it’s probably best to proceed cautiously.
Biggest Competitors of Orbeon Protocol (ORBN)
With the expansion and diversification of the cryptocurrency market comes the emergence of new tokens with the potential to challenge the status quo tokens.
The Orbeon Protocol (ORBN), which is built on a revolutionary blockchain investment platform that lets entrepreneurs acquire financing by issuing fractionalized NFTs backed by equity, is giving BNB, APE, and DOGE a run for their money as it quickly gains traction on the market.
What Does the Orbeon Protocol (ORBN) Project Road Map Look Like?
Going forward, the ORBN is going to be made available on some centralized exchanges (CEXs). Moreover, the developers are looking into the possibility of launching a token’s own metaverse as well as a trading platform for exchanging tokens labeled as Orbeon Swap.
Pros and Cons of Orbeon Protocol (ORBN)
- You can stake the ORBN token for more benefits;
- Offers 125% bonus for the ‘early birds.’
- Available only via pre-sale;
- Yet to be launched.