After an incredible few weeks in crypto, FTX has filed for bankruptcy. Those investors who were fortunate enough to sell up their FTX Token in time are now on the lookout for brighter opportunities. Orbeon Protocol looks extremely promising at the moment, with many investors thinking ORBN, currently entering the second stage of its presale, could be the one to lead the market’s recovery.
Orbeon Protocol – A bullish opportunity or everyday investors
Orbeon Protocol is turning heads because of the impressive, modernized solution it provides to crowdfunding. It aims to resolve the problem of limited access to funding rounds by functioning as a multi-chain launchpad that creates and issues equity-backed NFTs, which are then fractionalized – to allow businesses to successfully fund their investment rounds.
This not only provides another, more efficient route to funding for early-stage companies but has the additional benefit of creating a dedicated community around the project by opening the process up to the everyday investor, with NFT prices starting as low as $1.
Orbeon Protocol is supported by a broader Orbeon ecosystem, which enables safe and secure token storage via the decentralized Orbeon Wallet, as well as a secondary market for trading equity-backed NFTs via Orbeon Swap. The smart contracts used have not only been audited by respected auditor Solid Proof but include a reassuring “Fill or Kill” function, that ensures investors get their funds immediately returned should the business not meet funding targets.
Central to the functioning of the project is the ORBN token, which provides its holders access to exclusive investor groups as well as trading discounts and cashback at Orbeon Swap. ORBN is therefore necessary for use of the platform and ensures its price appreciation as Orbeon Protocol inevitably grows in use. Experts have predicted ORBN will surge by over 6000% as the presale concludes.
FTX Token – A collapse not to be forgotten
The recent events have resulted in a cascade of liquidity issues across the crypto industry, and might just be substantial enough to indicate the bottom of the bear market. With FTX having declared bankruptcy, there is no utility remaining for the exchange’s token, FTX Token. This has seen a dramatic decline from previous highs, as wide speculators keep it from hitting $0.
There’s no doubt that FTX and FTX Token (FTT) will be talked about for years to come, and may well trigger more regulation in the space. While many are unsure about whether the impact of such laws will be positive or not, almost everyone agrees that preventing another FTX is an important step for crypto to be taken seriously.
Conclusion
After the incredible downfall of FTX and, in turn, the price of FTX Token, Orbeon Protocol offers a ray of hope for the crypto industry with a compelling use case and talented team. It’s no surprise then that market analysts have already issued forecasts that the token value of ORBN is likely to rise by 6000% making it a heavy favorite of investor groups across the space.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol