The past few months have been challenging for most blockchain projects, and many of them have slowly lost momentum in what one might call a ‘crypto winter’. This naturally has had many increasingly concerned. Even big names in the game have had a tough time staying afloat.
Highly rated projects like Cosmos (ATOM) and Decentraland (MANA) are not excluded from the struggle. Unfortunately, both platforms have recorded new monthly lows as adherents look to newer projects like Orbeon Protocol (ORBN).
The Cosmos (ATOM)
Cosmos is a platform that serves as an internet of independent blockchains powered by the ATOM cryptocurrency. Cosmos allows a decentralized ecosystem of blockchains to interact with one another while maintaining sovereignty. This is a network of blockchains united by open-source tools for streamlining transactions between them. As such, Cosmos has seen considerable interest since its inception, largely due to its potential and real-world use cases.
As a cryptocurrency, Cosmos (ATOM) enjoys a strong market cap of $3.3 billion, but the price of Cosmos (ATOM) has seen a 10.11% decrease over 24 hours to $11.71
Decentraland (MANA) Dip
Decentraland (MANA) also is a blockchain software with metaverse integrations. It has a network of users worldwide who interact within its digital ecosystem. Decentraland utilizes the Ethereum blockchain to incentivize users and track ownership. Users can buy and sell digital real estate in this shared virtual world while exploring and interacting. Over time, Decentraland has evolved to implement interactive apps, in-world payments and peer-to-peer communication for users.
While things have dipped for Decentraland recently due to a controversy regarding the platform’s active user base, many of the projects on the market are struggling to provide real-world utility and continue to innovate. On the other hand, an investment platform makes waves through the massive real-world utility it provides.
Orbeon Protocol (ORBN), the new star
Orbeon Protocol (ORBN) is a revolutionary platform built on Ethereum and is set to bridge into Binance, Polygon and Solana. It evens the playing field by empowering smaller retailers in the world’s most innovative start-ups and to purchase fractionalised NFTs, representing an acquisition in the top new startups from as little as $1. By placing these individuals on the same level as large institutional firms, Orbeon Protocol has created a significant shift in the venture capital and crowdfunding industry.
Thanks to its Fill or Kill mechanism, the platform sets minds at ease with a promise that their coffers would be reimbursed in any situation where the start-up they infused in cannot reach its funding objectives.
Taking note of this platform’s substantial benefits, it is no wonder that Orbeon Protocol has been able to raise a whopping $400k in only 2 days of the presale. What makes it even more notable is that this is happening at a time when well-known projects like Decentraland and Cosmos are struggling with monthly lows, highlighting that the project is resistant to the movements of a bear market. Orbeon Protocol has the potential for stratospheric growth even while it is still in its presale stage.
Find Out More About The Orbeon Protocol Presale
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Source by zycrypto.com