If you’re looking to boost your portfolio in 2023, then Orbeon Protocol (ORBN) and Cosmos (ATOM) are two projects you need to keep your eyes on. After just three presale stages, Orbeon Protocol has become one of the sought-after projects, while Cosmos is also set to surge in 2023 after a 21.64% price increase.
Orbeon Protocol has already offered huge returns for early investors, increasing in price from $0.004 to $0.0435 since October last year already 987%. With a unique ecosystem and one-of-a-kind use case, prices are expected to surge again in the following months.
So what are investors excited about?
Orbeon Protocol offers a unique DeFi launchpad that lets vetted startups raise funds through NFTs. Through the Orbeon Launchpad, startups can release NFT collections representing equity in their business. These are sold to raise funds for business development, empowering everyday investors who would otherwise be locked out of the startup investment market.
To receive their funding, startups are required to meet pre-set funding targets that activate smart contracts’ “Fill” mechanism. Once hit, funds are released to the startup and can be used for development. However, should a startup miss its funding targets, the smart contract will be “Killed,” and investors are refunded.
Interestingly, the Orbeon Protocol team has addressed the issue of rug pulls in the market. To guarantee investor confidence, the Orbeon Protocol smart contract has been audited by Solid Proof, and token liquidity will be locked for a decade. Furthermore, team tokens (12% of the ORBN supply) will be locked for a year. This is designed to prevent any risks of a rug pull and solidify the project’s legitimacy.
The wider Orbeon Protocol ecosystem will also include the Orbeon Swap, Orbeon Exchange, Orbeon Wallet, and a Metaverse, currently in development. This ecosystem will operate using ORBN tokens, which have a total supply of 888,000,000. 40% of this supply (355,200,000 tokens) will be sold to the public during 9 presale stages, with 59,452,152 tokens already sold.
The current price of ORBN is $0.0435 and is expected to rise throughout January, with stage three of the Orbeon Protocol presale set to sell out within a week.
Cosmos (ATOM) is a DeFi ecosystem built to offer faster transaction times and low transaction fees. It aims to make DeFi accessible worldwide, allowing everyday investors to make transactions without spending hundreds making a payment.
ATOM is Cosmos’ native token and was released publicly in 2016. ATOM works as a governance token and is commonly traded on crypto exchanges. In the last month, the value of Cosmos has surged by 21.61%, reaching monthly highs of $12.04. Although lower than its all-time high of $44.45, investors are optimistic, believing Cosmos (ATOM) could offer huge returns in 2023.
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