As we approach the end of the year, it’s a good time to consider your cryptocurrency strategy for 2023. Where can the biggest gains be found? A good place to start are cryptos with great use cases and lots of visibility. Here I’ll explain why analysts are talking about VeChain (VET) and Orbeon Protocol (ORBN), a novel investment platform with an 805% price increase in presale, for 2023.
Orbeon Protocol seeks to offer impressive gains via ORBN and investing in presales
Orbeon Protocol helps startups to raise capital more efficiently than ever before in the venture capital industry, by connecting them with the crypto community. This method is innovative because it allows startups to offer equity or reward-based NFTs. Orbeon Protocol then fractionalises those NFTs for their community, meaning that people can get started with a very small amount of capital.
If the company in question doesn’t meet their funding goals then everyone gets refunded via a hardcoded function in the smart contract. Furthermore, Orbeon Protocol are making it very easy to invest by building in an onramp for fiat to their platform, as well as a wallet and an exchange, meaning that market entrants no longer need to use a centralised exchange (CEX) such as Binance or the now defunct FTX, to get involved. This is a significant advancement for decentralized finance (DeFi) and one of the reasons that experts are bullish on ORBN, the project’s native token.
Orbeon Protocol’s final round of presale ends in mid-January, at which point the token will increase from its current price of 0.0362, first launching for a minimum of $0.06 and then if the experts are correct in their predictions, rising as high as $0.24. Therefore, now is the ideal time to invest in ORBN for the best returns.
VeChain = Sustainability, Efficiency and Profitability
VeChain is known for its real world use case of being able to track supply chains of goods, ensuring authenticity and safety. They have many big partners including Walmart China, BMW and H&M.
What you might not know about VeChain is its focus on sustainability. Whilst Bitcoin and its PoW algorithm has been criticised for using a lot of energy, Vechain is built differently, with its carbon emissions and energy consumption being an infinitesimal fraction of BTC, ETH and ADA. Also, VeChain aims to make companies accountable for their true carbon emission count by using its blockchain technology to accurately track and record them.
As well as that, the VeChain foundation note that four of their goals align with the UNs sustainable development goals (SDGs), “Good health and well-being, sustainable cities and communities, clean water and sanitation and affordable clean energy.” VeChain have helped to provide safe food for Walmart China, tracking things like bacteria, parasites, chemicals and viruses, thereby making food recalls quicker, easier and cheaper, and saving Walmart time and money. Vechain tells us that a task that used to take Walmart 26 hours now takes a mere 10 seconds using their tech.
This focus on sustainability and efficiency is attracting both big businesses looking to become carbon neutral, and smaller independent green orientated businesses such as yak wool fashion brand Shokay.
As the world finally realises the importance of sustainable green growth, this makes VET and its technology an attractive buy in 2023, especially as it is currently down 83% from this time one year ago, and 94% from its all time high.
Find Out More About The Orbeon Protocol Presale
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