Bitcoin btc
$ usd

Defi Projects To Watch: Orbeon Protocol (ORBN), Hedera, and Chainlink

2 mins
Updated by Dirk van Haaster

Some of the most promising projects in the space of decentralized finance (DeFi) are Orbeon Protocol (ORBN), Hedera (HBAR), and Chainlink (LINK).

The market seems to agree, with Orbeon Protocol (ORBN) pumping by more than 1675% during the ongoing presale that has the crypto market on its toes. Let’s jump into the details of these projects and see what makes them so special.

You can buy Orbeon tokens here

Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is decentralizing the crowdfunding process with the use of several defining features. 

By minting startups as equity-backed, fractionalized NFTS, everyday investors can put as little as $1 into the next generation of budding startups. 

For investors, Orbeon Protocol (ORBN) means easy access to startup equity and the potential for high returns. For startups, it’s a chance to raise funds without going through an arduous and time-consuming process. 

Orbeon Protocol (ORBN) has not been launched yet, but the presale is ongoing with the ORBN token available for purchase at $0.71, having risen from the initial price of $0.004. With the platform launch and major exchange listings due this year, Orbeon Protocol (ORBN) is certainly one to watch.

You can buy Orbeon tokens here

Hedera (HBAR)

Hedera (HBAR) is a cutting-edge public ledger technology that runs on a distributed network. Hedera (HBAR) is designed to enable users to reliably and securely transfer data, assets, and digital currencies across the world.

Hedera (HBAR) uses a unique consensus algorithm known as Hedera Hashgraph that is capable of processing more than 10,000 transactions per second — making Hedera (HBAR) one of the fastest networks available today.

Hedera (HBAR) also has its own native token, HBAR, which is used to power the network. By staking HBAR tokens, users can earn rewards for their contributions to the Hedera (HBAR) network.

Hedera (HBAR) is seeing more and more adoption, with over $100 million total value locked over during Q4 2022. The largest contributor to Hedera (HBAR)’s recent TVL boost is SaucerSwap, a decentralized exchange (DEX) that supports users trading HBAR tokens.

Chainlink (LINK) provides blockchain oracles, which enable on-chain applications to access off-chain data. Chainlink (LINK) is a critical component of the decentralized finance (Defi) space as it allows smart contracts to interact with real-world data, such as stock prices or temperature readings.

This unique capability has seen Chainlink (LINK) become one of the most sought-after projects in the Defi space. In fact, Chainlink (LINK) grew from under $1 to over $50 in the period 2019 to 2021. Currently, Chainlink (LINK) is trading at around $6.

In terms of adoption, Chainlink (LINK) is being used by a number of prominent companies. For example, FedEx used Chainlink (LINK) to connect its blockchain technology with external data sources.

If Chainlink (LINK) is able to maintain its current momentum and continue gaining traction, it could join the ranks of the most successful Defi projects.

Find Out More About The Orbeon Protocol Presale Here

Website | Presale | Twitter


This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.