Ravencoin (RVN) is losing popularity, mainly due to the token’s proof-of-work consensus. Though Ravencoin seems to have found occasional increases in the short term, the long term seems like a struggle, with the majority of value being lost over the last year.
Meanwhile, the Orbeon Protocol (ORBN) project is doing remarkably well, with a pioneering vision to use NFTs to revolutionize the VC industry. Currently, in its Phase 1 Presale, Orbeon Protocol is set to be one of the most successful projects yet, forecasted for 6000% growth.
Let’s take a look at both of these currencies and see what’s going on with them.
Ravencoin loses popularity due to outdated POW consensus
Ravencoin (RVN) has suffered losses in value and investor trust as a result of its energy intensive method of consensus. Ravencoin is designed to issue other coins out, specifically, but the method that it uses for its Proof-of-Work is a little behind the more modern and energy friendly Proof-of-Stake, which is causing issues with investors.
While Ravencoin is experiencing very limited short-term growth, in the long-term Ravencoin has been struggling for quite a while. Months of huge drops for Ravencoin have significantly reduced the coin’s value. Hopefully, Ravencoin can recover from this long series of massive losses, but things aren’t looking too great at the moment.
Orbeon Protocol pioneers new NFT use, huge presales
The Orbeon Protocol (ORBN) investment platform is a revolutionary idea for finance, engineered and designed around crowdfunding via fractionalized NFTs. Users can invest small amounts into high-potential startups, with equity-backed NFTs being available for as low as $1 – enabling the receiving companies to use this funding to further develop and expand.
Orbeon Protocol has many aspects that make it a secure project with an emphasis on safety. One such feature is the ‘fill or kill’ system, built into each smart contract, which returns investors’ money in the event that a project cannot reach full funding. This unique ability to allow everyday investors to support startups with fractionalized NFTs is disrupting the venture capital industry.
The platform’s underlying ORBN token contains substantial intrinsic value. Holding ORBN allows users to enter VIP investment groups, enjoy reduced fees, cashback rewards and governance rights. Staking the token also creates a channel of passive income for holders.
The Orbeon Protocol Phase 1 Presale has performed excellently, showing that people have a huge interest in shaking up VC. With $10.5m set to be invested by the end of the presale, a 6000% increase in the value of the token, and over 63 million tokens sold, Orbeon is proving that it’s a rock-solid contender when it comes to platforms with true intrinsic value.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol