Polygon (MATIC) and VeChain (VET) have started 2023 with strong performances. Both have experienced steady price increases, but are now being rivaled by Orbeon Protocol (ORBN). So far Orbeon Protocol (ORBN) has hit consistent highs, with its latest presale stage on track to sell out before the end of February. 

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VeChain (VET) Disrupts Supply Chains With DeFi Technology

VeChain (VET) was created as a DeFi solution for supply chain management. Its software is designed to enhance collaboration throughout the business, providing managers with the tools they need to transfer data about different parts of the supply chain. 

In 2018, VeChain (VET) rebranded to offer a wider range of services, increasing its offering to cover general data solutions as well as supply chain specific options. As of 2023, VeChain (VET) has worked with hundreds of brands, including Walmart, BMW and LVMH. 

VeChain (VET) has two tokens, VET and VeChain Thor Energy (VTHO), which is used for smart contracts. VeChain (VET) is the cryptocurrency investors buy and is currently on an upwards trend.

VeChain (VET) has hit its highest price since August 2022, surging by over 17% to hit highs of $0.03029 in the past seven days. While this return is bullish news for investors, Orbeon Protocol (ORBN) continues to offer higher returns. 

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Polygon (MATIC) Price Doubles In 2023

Polygon (MATIC) is an Ethereum (ETH) alternative designed to offer faster transactions, lower transaction fees, and better project scalability. Polygon (MATIC) provides developers with a wide array of tools, all of which can be fully personalized based on a specific audience. This makes Polygon (MATIC) a great option for building DAOs and community-based cryptocurrencies. 

For the first six months of 2022, the value of Polygon (MATIC) has crashed, however, it has steadily increased since. In June 2022, Polygon (MATIC) was worth $0.41. As of February 2023, Polygon (MATIC) has increased to $1.39 after a few turbulent months. This turbulence has turned off some investors, who believe that Orbeon Protocol (ORBN) could offer better returns with less risk. 

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Will Orbeon Protocol (ORBN) Overtake VeChain (VET) and Polygon (MATIC)?

Orbeon Protocol (ORBN) is one of the fastest growing presales. After providing early investors returns of over 1815%, Orbeon Protocol (ORBN) has gained international attention, with its latest presale round selling out at record rates. 

The innovative DeFi project was created to disrupt the multi-billion dollar crowdfunding market. The Orbeon launchpad removes the barriers to entry to the market, allowing everyday investors to buy shares in the best upcoming startups. 

Each startup can create and sell equity-backed NFTs, which are fractionalized to be as affordable as possible. This maximizes the number of investors who can get involved, and improves the chances of businesses hitting their funding goals.

Several rug pull prevention features are in place throughout the Orbeon Protocol (ORBN) ecosystem, which has been successfully audited by Solid Proof. 

Having recently hit a new all-time high of $0.0766, analysts now predict that Orbeon Protocol (ORBN) could go as high as $0.24 before its presale ends, outperforming both Polygon (MATIC) and VeChain (VET) in the process. This has made Orbeon Protocol (ORBN) one of the most highly anticipated presales in the market. 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register 

The unprecedented delay the suit between some state governments instituted against the federal government of Nigeria has suffered at the Supreme Court has been an eye opener to ordinary Nigerians on why cases spend unnecessary years and waste unexplainable time in the Nigerian courts of law. 

Sometimes clients will accost me on why their cases which they thought are straightforward ones that ought to be quickly determined by the court will be slapped with unfathomable adjournments and delays in the court. My explanations always fall on deaf ears.

The naira redesign case initially instituted by three state governments (Kaduna, Kogi and Zamfara state) and subsequently joined by other states have been adjourned for the third consecutive time now and the substance of the case is yet to be entertained by the Supreme Court before whom the matter is tabled before. The substantive issue before the court has to do with the court stopping the federal government with the naira redesign and withdrawal of some old currency because “the naira scarcity has caused unnecessary sufferings to the masses”. Another substance of the case to be determined by the court which is a defence on the side of the federal government is the issue of jurisdiction; whether the Supreme Court has the jurisdiction to entertain this particular matter or should the matter be struck out due to lack of jurisdiction.

None of these core issues has been heard by the court but the case has been adjourned for the third consecutive time; to be entertained again on the 3rd of March 2023 which I can predict will likely be adjourned to further dates.

This is a typical example of what goes on in the Nigerian courts on daily bases and accounts for why cases spend a number of years in court. Some time-sensitive cases end up being overtaken by events. Some cases end up spending up to 20 years from the lower court till it gets to the Supreme Court before the substance of the case is handled by the superior court.

Most often than not, these unnecessary adjournments and delays in the court of law are caused by frivolous activities of either the lawyers handling the case or by the activities of the judges before whom the matter is tabled and in few times, by factors beyond the control of both the lawyers and the court ie acts of god.

We as lawyers know for a fact that some cases spend unnecessary time and are bedevilled with unnecessary delays because of the frivolous interlocutory applications and objections lawyers on the opposing sides raise at every point in the case; the interlocutory applications no matter how frivolous or silly it is or it may seem as a rule must always be determined first by the court before they court delves into the crux of the case.

Some lawyers who know for a fact that they do not have a good case but intentionally want to waste the time of the court for reasons best known to them tend to use interlocutory applications to cause unwarranted delays to the court and choke up the court calendar and schedule.

Some senior lawyers as well institute frivolous matters in order to make up the stipulated number of cases required of the SANship applicants in order to qualify for conferment with the silk title.

The blames for the unnecessary delays in Nigerian courts should not go only to the lawyers. The judges/court also contribute heavily to these delays. Sometimes a judge adjourns a matter for reasons best known to them as they have the power and are at liberty to adjourn a matter as many times as they deem fit. Sometimes, a judge fails to seat for the day for personal reasons and every case on the court course list for the day is moved forward to another day further choking up an already tight schedule of the court.

Also, a judge handling a particular matter could retire, be transferred or elevated to another court or die; what happens in that instance is that every case before that particular judge before he retired, elevated, died or transferred will start de novo i.e. start afresh before another judge. It does not matter if the case has been before the judge for years, it will have to start all over again before another judge. This no doubt is a huge contributor to delays in our judiciary.

It will interest you to know that some courts in Nigeria no longer have a free opening for new matters and even for adjournments of old matters in 2023. If you go to some courts now to take a date or institute a fresh matter, you will be given a date in 2024 or even in 2025 because all the dates in 2023 have been taken or reserved for other previous cases.

The judiciary and the ministry of justice need to look into the time cases spend in court and the contributing factors and look for a way to speed up cases in courts maybe through introduction of new rules because as it said that justice delayed is Justice denied especially in cases that are time-sensitive. Some cases need to be attended to immediately and entertained quickly before justice can be seen to be done.

States chairmen of the Labour Party have accused the party’s presidential candidate Peter Obi of neglect ahead of Saturday’s presidential election, opening a fresh vacuum that may impact the party’s chances at the poll.

The aggrieved states chairmen led by Sani Abdulsalam, the Gombe state LP chairman and coordinating chairman for the 36 states, made this known during a press conference in Abuja.

Other LP bigwigs including Mohammed Alkali, the national vice chairman, northeast, Ibrahim Bukar, the Yobe state chairman, graced the press conference in support of Abdulsalam’s claim that Obi failed to recognize the important role of the 36 state chapters’ leadership, choosing rather to work with cronies and support groups.

He alleged that money meant for the mobilization of poll agents was withheld by the national chairman, Julius Abure, on the excuse that Obi has no confidence in the states chairmen.

Abdulsalam said based on this, Obi cannot win this election since all party executives have been sidelined.

“I speak on behalf of 36 state chairmen of our party in my capacity as the coordinating chairman. We have never been respected by the party leadership and also our presidential candidate has no respect for our party executives at state levels because Peter Obi deliberately mismanaged our good will with the imposition of his members and other support groups that decamped with him in May 2022 to our party.

“Of note, Wednesday the 22nd day of February 2023 was the meeting we had with the national chairman, Julius Abure in the party head office where discussion was held about the logistics support for state chapters and national officers towards effective mobilization of our members for the presidential and National Assembly election on Saturday 25th February 2023.

“To our surprise, the national chairman Julius Abure said the presidential candidate Peter Obi has no confidence in all the 36 state chapters’ leadership but would rather choose to work with their cronies and support group that came with him.

“The greatest shock from the national chairman, Julius ABURE was that money for agents will not be sent to any state chairman or national officers except those three NWC members including a woman and that all state chairmen and 19 other members already picked by Mr Peter Obi himself will be given monies meant for party agents and alert will be received by 10 pm tonight Wednesday the 22nd day of February 2023.

“As of tonight, no alert has been received by any state chairman and information reaching us confirmed that money was paid based on ethnic and religious consideration because only persons of a particular ethnic group currently run the campaign of Peter Obi in cohort with the national chairman.

“As members of the Labour Party National Executive and National Working Committee (NWC), it is our considered opinion and informed conclusion that Peter Obi cannot win this election since all party executives have been sidelined. He is not ready and is grossly ill-prepared for the Presidential race,” he said.