Experts predict Orbeon Protocol (ORBN) and Dogecoin (DOGE) to rise in 2023
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Aside from Bitcoin (BTC), Dogecoin (DOGE) is arguably the most famous cryptocurrency in the world. With a dedicated community and celebrity endorsements, Dogecoin reached all-time highs in 2021, despite being created as a meme.
Its price has since plummeted, and projects like Orbeon Protocol have taken the spotlight with huge price surges during its presale. Here’s why experts predict Orbeon Protocol (ORBN) will rise alongside Dogecoin (DOGE) in 2023.
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Orbeon Protocol is one of the most highly anticipated DeFi projects of 2023. It aims to disrupt the crowdfunding market with its multi-chain launchpad, which utilizes NFT technology to help startups raise funds.
In the current startup market, businesses are required to compete for venture capitalist funding, often giving away control of their business in the process. Orbeon Protocol changes this with equity-based NFTs. Here’s how it works.
Using the Orbeon Launchpad, vetted businesses can create fractionalized NFTs that represent shares in their business. These are sold directly to investors, who can hold their NFTs in a decentralized Orbeon Wallet or sell it on the Orbeon Swap. To keep investors protected from any malicious businesses, Orbeon Protocol has created a “Fill or Kill” mechanism. If a business fails to meet certain funding targets, investors are automatically refunded.
Integrity plays an important role in Orbeon Protocol, with several security features built into the project. Firstly, liquidity is locked for ten years. Secondly, team tokens are locked for one year and will be released quarterly after month thirteen. Thirdly, the
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