Crypto markets have been on the upswing recently, with BTC up almost 5% in the past month. However, markets are still far from the levels before the crypto crash of 2021.
The crash wiped out many tokens, and many projects stopped development. However, there are still promising projects out there in development. In this article, we want to look at three of them: Orbeon Protocol (ORBN)Helium (HNT) and Celo (CELO).
Helium is a network for decentralized wireless infrastructure for low-power internet of things (IoT) infrastructure.
Helium allows devices like bike trackers, smart pet collars, etc., to communicate efficiently over long distances. The advantages of Helium over other networks are longer battery life and low cost. Helium provides hundreds of squared miles of connectivity at a fraction of the cost of a mobile network.
The Helium network has transaction fees in the form of Data Credits, which are produced by burning a small amount of HNT tokens. Mining rewards go to users that set up devices that work as Helium network hotspots.
With the spread of smart cities, and IoT devices, Helium could become the go-to solution for low-power connectivity.
Celo is an EVM-compatible proof-of-stake layer-1 blockchain, together with an ultralight client made to run on mobile. Its primary use case is to allow mobile users worldwide to make payments with crypto.
As a mobile-first platform, Celo wants to make it easier than ever to pay with crypto. It eliminates a lot of the complexity of using crypto wallets. Users can easily pay with stablecoins to anyone on the network and even use stablecoins to pay gas fees. They can also use their phone numbers as private keys.
On the technology side, the Celo blockchain network is fully compatible with the Ethereum Virtual Machine (EVM). As such, it can run any code written for the Ethereum network, currently the largest smart contract-enabled blockchain. That means Celo network users can access a huge variety of dApps made for Ethereum.
Mobile is a huge platform, with about 55% of web traffic coming from mobile phones. With its focus on mobile, user-friendly design, and EVM-compatible tech, Celo could become a significant player in the space.
Orbeon Protocol is an upcoming crowdfunding and venture capital platform. It allows everyone to invest fractionally in upcoming startups for as low as just $1.
So far, investing in early-stage startups has been mainly reserved for the wealthy. OrbeonProtocol will allow startups to get funding from more sources. Each project on Orbeon Protocol will be available as a fractionalized NFT. That way, startups can issue reward and equity-based NFTs to anyone.
Orbeon Protocol’s platform it’s a win-win for startups and investors. Startups will get more funding, and smaller investors will be able to achieve better returns by investing early.
An added safety feature of Orbeon Protocol is the “fill or kill” smart-contract feature. Each project that reaches its goal will get funded. Those that don’t will automatically return the money to investors, all governed by Orbeon’s permissionless protocol.
Orbeon Protocol is currently in the first stage of its presale at $0.004 per token. Experts anticipate a rise in the ORBN token’s price after the pre-sale. That would mean that Orbeon Protocol would surpass the early rise of Celo and Helium.
Find Out More About The Orbeon Protocol Presale
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece.
Compiled by Metacrunch. Metacrunch is a news complier and aggregator platform which aims to spread awareness and updates on Metaverse, Web 3.0 Technology, Blockchain, Cryptocurrency, NFTs, Airdrops and many more.
Source link .