Helium (HNT) and Solana (SOL) struggle to find support after reaching new lows after FTX crashed. Orbeon Protocol, on the other hand, will change the face of investing in startups and make it widely accessible. Analysts think that the ORBN will rally after the presale ends.
Helium (HNT) is a blockchain-based system. It is one of the few companies that can get into the $380 billion IoT market. Helium hotspots give people a faster and cheaper way to connect to the internet.
IoT sets Helium (HNT) apart from other businesses. Helium (HNT) has the edge over other things because of its technical relevance, use, and technology.
Helium (HNT) is backed by its own token, HNT, making buying and selling things on the platform easier. The platform hopes its decentralized wireless network will help it become popular as a device that helps people connect more.
Helium (HNT) is very expensive at first. Also, the technical analysis shows that the price of Helium (HNT) is going down. It seems risky for users and investors to pay a high price for the coin at first and then lose it.
Solana (SOL) is a decentralized platform for crypto-computing that wants to make transactions happen quickly. Its main innovation is speed, made possible by several new technologies, such as the Proof of History consensus mechanism (PoH).
Because of what happened with FTX, Solana had one of the biggest drops on the market. It went from $32 to $14 in a day, which is a drop of more than 50%.
FTX was the biggest backer of the Solana (SOL) ecosystem, and its bankruptcy set off a chain of events that led to a 50% drop in the network’s TVL (total value locked). Solana (SOL) has slowly crawled even lower and is currently trading for $12,8.
Orbeon Protocol will change how funding for new start ups works. It lets early-stage startups raise money directly from the community without going through Venture Capitalists or traditional Crowdfunding platforms.
Both investors and startups benefit from Orbeon Protocol. Startups can raise funds seamlessly, and investors can start from as little as $1 into projects they believe in.
It all works because of fNFTs, or fractionalized NFTs. Projects can get the money they need by giving investors NFTs based on equity or rewards. At the same time, investors get access to great projects early on so they can invest in them. So, they can take advantage of some of these projects’ massive profits.
Orbeon Protocol uses smart contracts to protect users’ funds. For example, if a project doesn’t achieve its target raise, the “fill or kill” mechanism refunds the investors funds.
Orbeon Protocol will shake up the venture capital industry with its focus on safety and ease of use. Its token, ORBN, can be bought through the presale of Orbeon Protocol. ORBN is now going for $0.009, 125% more than what it cost before it went on sale. Experts say that it could grow by more than 60 times in the next few months.
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