Another Orbeon Protocol (ORBN) Spike Propels Holders to Impressive Gains
[PRESS RELEASE – Please Read Disclaimer]
When you’re just starting to learn about cryptocurrency investing, it can be hard to know which coins and tokens are worth your time and money.
If you want to get involved in this fast-growing market but aren’t sure where to start, here are four factors you should consider when choosing cryptocurrency assets to invest in. One such example of a rare project that exemplifies these traits is Orbeon Protocol, and we will also explore why ORBN price has increased by 250% since November 1st and why its getting the attention from the community.
History: Look at the Project’s History and How Long It Has Been Around
A key thing to consider when investing in any cryptocurrency is how long it has been around. You want to make sure the team behind the project has been working on it for a while and that it’s not some fly-by-night operation.
It also helps if you can find out how many people are on the team so that you know that there are enough skilled developers working on the project. If you aren’t able to find out this information, then you might want to steer clear of this particular crypto.
Technology: Does This Technology Solve Real-World Problems?
Cryptocurrencies are based on blockchain technology that is revolutionizing the world of banking, finance, and investment.
It’s important that you do your research before investing in any currency to make sure it’s not just an idea or pipe dream.
A token with practical utility, such as Orbeon which brings together startups and investors in a secure ecosystem, could have better sustainability than other meme coin projects that don’t present real world use.
Here are some questions to ask yourself:
- Is this technology solving real-world problems?
- Does the currency have any competitors?
- Is there a working prototype? If so, does it work well?
- What is the roadmap for the development of this currency over the next year or two?
- How many people are using this currency now and how much have they invested in it?
Team & Community Support: How Experienced is the Team?
The team behind the coin is one of the most important factors to consider. The best teams are comprised of experienced developers, marketers, and advisors.
They should be open about who they are and what their goals are. Make sure that you research the team members as well as any other advisors or influencers associated with the project. Get involved in their community by joining a forum or Discord.
Market Awareness: Is This Token Widely Used or Known?
One of the first factors you should consider is market awareness. This is important because if the token isn’t well known, people may be less inclined to buy it.
For example, Bitcoin is one of the most popular tokens and it’s used by hundreds of thousands of people, whereas other tokens may only be known by a few thousand people.
One way you can get an idea about how many people use this token is by looking at the number of transactions that have occurred on the blockchain where this token is being used. Transactions are basically just small bits of data sent across the blockchain network.
The more transactions that happen with this token, generally speaking, the better chance there will be for growth in terms of new users and usage.
Orbeon Protocol (ORBN) – A strong new contender for a rapidly growing market
The Orbeon protocol is an innovative decentralized investment platform that is changing the face of the crowdfunding and venture capital industries by allowing everyone to invest a little amount in some of the most promising startups.
By utilizing NFTs based on equity, startups will be able to both attract investors and foster community involvement. These NFTs are fractionalized, and all investment opportunities on Orbeon Protocol will be accessible to everybody with as little as $1.
One of the largest safeguards for investors on the platform is a “Fill or Kill” feature included into the smart contract of the NFTs minted by Orbeon Protocol, such that if the firm doesn’t raise the necessary funds within the allotted period, the investors’ money is returned to them immediately.
The project’s native ORBN token provides utility for those across the Orbeon ecosystem, ranging from staking bonuses, project governance rights, and much more. Orbeon Protocol’s stage 1 pre-sale sold out 2 weeks early, and at the time of writing the token has surged from $0.004 to $0.0144
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