NEAR Protocol (NEAR) and the Flow (FLOW) blockchain have both been called potential “Solana Killers”, in part due to the fact that they seem to be aiming for similar things, including fast speeds and the ability to be a payment system.
Orbeon Protocol (ORBN) seeks to disrupt the current venture capitalism landscape by offering ordinary investors the chance to gain a stake in early stage crypto projects, and has just entered phase 7 of its presale. Let’s find out why these three tokens are currently beating the market.
NEAR Protocol (NEAR) keeps on growing and innovating with novel uses of smart contracts
NEAR Protocol (NEAR) raised over $500 million after its ICO, making it the 2nd biggest (post ICO) funded project, after Avalanche (AVAX). This is noteworthy since it implies that institutional investors are interested in actually using and growing the NEAR Protocol (NEAR) blockchain, instead of simply buying the coin for speculation.
Like Orbeon Protocol (ORBN), NEAR Protocol (NEAR) uses smart contracts in a new way, in this case for its web based wallet. This means that new use cases are possible, such as using the entire NEAR Protocol (NEAR) wallet as collateral. The NEAR coin is used for staking and tx fees, which are then burnt, unless they involve a smart contract.
In that case 30% of the tx fees are sent to the developer, a smart move to encourage Rust developers to stay with NEAR Protocol (NEAR), and one that seems to be working, as there are around 1000 dApps on this relatively young chain, and an increasing amount of active wallets according to the NEAR Protocol (NEAR) explorer.
NEAR Protocol (NEAR) is trading at $2.34 at time of writing and is up 65% in the last 30 days. Technical analysis from TradingView suggests a buy signal, due to the moving averages.
The Flow (FLOW) Dapper Wallet could be a game changer
The Flow (FLOW) Blockchain is also targeting big institutional players and previously their interface has been more suited to developers than ordinary users. Their dApps have tended to be integrated with fiat, meaning that to purchase an NBA Top Shot Memories NFT (the biggest dApp on Flow (FLOW)), most people are using their credit cards.
This seems set to change however, as the Flow (FLOW) team are working on a Dapper Wallet which will be easy to use and will provide benefits to devs that choose to integrate it, such as a KYC protocol.
Previously, the price for Flow (FLOW) has struggled, in part due to liquid staking, which means that unvested coins can be staked and the rewards sold, resulting in increased supply and sell pressure. However, in the last 30 days, Flow (FLOW) is up by 64%.
Flow (FLOW) is a strong buy due to moving averages, according to TradingView, and a strong sell according to Investing.com’s analysis of the technical indicators.
Orbeon Protocol (ORBN) tech will allow new users to easily invest in crypto projects
Orbeon Protocol (ORBN) is an upcoming platform that will allow easy investment into Web2 and Web3 companies. Whilst they aren’t the first crypto launchpad, Orbeon Protocol (ORBN) does have some novel features that make them unique.
These include using F-NFTs (fractionalised NFTs) as a way of representing equity or tokens, and then selling those fractions to their community. A hard coded smart contract within the F-NFT means that a “Fill or Kill” mechanism that is built into Orbeon Protocol (ORBN) that will be activated if a project or company fails to meet its goal.
Additionally, the Orbeon Protocol (ORBN) platform will include an built-in wallet and onramp for fiat, making it easier for Orbeon Protocol (ORBN) users to get their money on-chain. ORBN, the token of Orbeon Protocol (ORBN), has been rising steadily as it continues its presale, and is up 90% this month and an impressive 1675% since October.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register