Ethereum (ETH), Polygon (MATIC), and Orbeon Protocol (ORBN) Are Investor Favorites For 2023
Cryptocurrencies are again turning heads after a rollercoaster 2022 that saw most projects implode. The renewed interest comes against the backdrop of valuation levels plunging to levels not seen before. Additionally, investors are taking note of projects likely to shape the digital world in ways that have not been seen before. Ethereum (ETH) Polygon (MATIC) and Orbeon Protocol (ORBN) are some of the projects that stand out as investors’ favorites in 2023.
Orbeon Protocol Revolutionizing Investing
Orbeon Protocol is one project poised to play a critical role in the digital world by revolutionizing the investment world. Its primary goal is to lower the barriers of entry that have, over the years, made it impossible for everyday investors to tap into early opportunities in highly prospective startups. Consequently, it has established a blockchain-powered platform that will enable the purchase of fractionalized equity stakes in startups.
Consequently, regular investors are to purchase and trade the fractionalized NFTs for as little as $1 for a stake in the startups. In return, startups should be able to tap a wider pool of investors while looking to raise funds. Additionally, the fractional investments are to make the venture capital business accessible.
Orbeon Protocol has also enabled a Fill or Kill mechanism that will return investors’ funds if a funding round fails short of the desired targets. It has also established “Winner Circle,” a VIP club that will allow investors to receive rare NFTS that would enable the face to face meetings with startup founders.
ORBN is the native token that drives all operations in the Orbeon Protocol ecosystem. While acting as a medium of exchange, it is to make it easy for people to invest in fractional stakes. In addition, token holders can lock in their tickets to earn some passive income.
Ethereum growing dApps Ecosystem
As the second largest cryptocurrency project by market cap, Ethereum is one project that always stands out and remains investors’ firm favorite. Its growing popularity has everything to do with its increasing popularity and use case in developing decentralized applications and smart contracts.
Improved scalability due to recent upgrades has Ethereum one of the most valuable blockchains and preferred platforms. As a result, developers are increasingly flocking to the platform to develop dApps that can serve millions of people.
Additionally, Ethereum has made impressive strides in addressing congestion issues that affected its use case in the past. Growing focus on blockchain and its application in the mainstream sector should continue to fuel demand for Ether which should see its value increase significantly in 2023.
Polygon MATIC
Polygon Matic is another project gaining widespread recognition as a layer-2 scaling solution. It continues to dominate the industry, making it easy for established projects like Ethereum to address their issues around high transaction costs and scalability issues.
As it stands, Polygon, with its native MATIC token, has enhanced transaction speeds in the Ethereum blockchain and made them extremely affordable. Proposed modifications on the Ethereum blockchain could make Polygon one of the most popular cryptocurrencies, which should see its layer-2 protocols utilized more, thus fueling demand for the MATIC coin. MATIC value should continue to rise as the need for scaling solutions in established blockchains grows.
Bottom Line
The cryptocurrency sector’s future hinges on projects with proven utility and use cases. Orbeon Protocol ticks all the boxes as it moves to revolutionize the crowdfunding and venture capitalist industry. Likewise, Ethereum should continue calling shots as a preferred platform for developing dApps and smart contracts. Polygon also stands to play a pivotal role in the blockchain sector as a scaling solution.
The post Ethereum (ETH), Polygon (MATIC), and Orbeon Protocol (ORBN) Are Investor Favorites For 2023 appeared first on CryptoMode.
