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.

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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
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol

A couple of weeks ago, a hacker with a heart of gold sold a fake Banksy NFT for 100 ETH and then gave the money back. They advertised the auction through Banksy’s official site. If the NFT was fake, someone hacked that site. Which seemed unlikely. Also, there is the issue of the alias that the scammed NFT collector uses. Pranksy, a play on words referencing the elusive graffiti artist Banksy mixed with the word “prank.” Which is what this whole situation was, a prank. 

Too many coincidences. Suspicious, we posed our theory:

“Was Pranksy targeted by Banksy and his team? If Banksy wanted to create worldwide headlines and comment on the NFT boom at the same time, a notorious art collector was the missing ingredient. Pransky’s prominence in the NFT community mixed with his name makes him an ideal target.”

It seemed to fit, but the case of the fake Banksy NFT never ceases to amaze. 

Security Experts Warned Banksy About His Website’s Vulnerability

Luckily for us, the BBC is on the case. They interviewed Sam Curry, “a professional ethical hacker from the US and founder of security consultancy Palisade.” There seem to be too many “ethical hackers” in this story, but ok… Curry told them:

“I was in a security forum and multiple people were posting links to the site. I’d clicked one and immediately saw it was vulnerable, so I reached out to Banksy’s team via email as I wasn’t sure if anyone else had.

“They didn’t respond over email, so I tried a few other ways to contact them including their Instagram, but never received a response.”

These things happen. How many emails does Banksy’s team get? Did it pass their spam folder? Can we be sure they read it on time? The suspicious thing, though, is Mr. Curry’s description of the site’s vulnerability. It:

 “allowed you to create arbitrary files on the website” and post your own pages and content.

So, the flaw permitted the hackers to do exactly what they needed to do to advertise the fake Banksy NFT auction and not much more, huh? Interesting.

ETH price chart on FTX | Source: ETH/USD on TradingView.com

Banksy Isn’t Responsible For The Fake Banksy NFT, Experts Say

Neither the artist’s official website nor the Pest Control website even acknowledge the fake Banksy NFT. Something doesn’t feel right here. The BBC felt our uneasiness and tried to put our concerns to rest. They consulted two Banksy experts and they both thought that the shoe didn’t fit. According to them, the elusive graffiti artist is not the mastermind behind the whole event. This is not a “Banksy stunt.” Professor Paul Gough, “principal and vice-chancellor of Arts University Bournemouth,” goes first:

“I don’t see it as a Banksy prank. The timing for me doesn’t work right, the context doesn’t feel appropriate. He’s just done his ‘Spraycation’ stunt where he bombed 10 sites in East Anglia, and put out a video on social media about it.

“That is a pretty major stunt and takes a lot of organising by a very professional crew, so I just don’t think the timings right here so soon after that.”

Here’s the Spraycation video, dated August 13th, 2021:

It does seem like a “major stunt.” Does that mean that the fake Banksy NFT operation is out of the question? Or did Banksy went to work immediately after finishing his spraycation? Did the elusive graffiti artist strike again in the digital realm?

Second at bat is John Brandler, a Banksy collector, who provides another reason why the situation is not an original Banksy:

 “Banksy’s stunts are not malicious and they don’t hurt people.”

Good point, but let’s be honest, the incident didn’t really hurt Pranksy. The NFT collector got his ETH back,  was the subject of worldwide headlines, and still got to keep the fake Banksy NFT. It may be worth something, someday. 

Or is this the last we’re going to hear about the fake Banksy NFT?

Featured Image: Screenshot of the fake Banksy NFT | Charts by TradingView