Toncoin (TON), the layer 1 blockchain originally developed by Telegram, has seen moderate price increases recently, and notably TON is one of a few coins which is currently up over the course of the year, indicating that it is beating the bear market. Chainlink (LINK) has been rising since January and is making some interesting partnerships. Orbeon Protocol (ORBN) is a new entrant to the market, currently in its 9th stage of presale with a token price of $0.0835, and is delivering incredible returns to holders.
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Chainlink (LINK) continues to make partnerships and bring security to dApps and consumers
Chainlink (LINK) provides an important piece of security to blockchain apps that rely on outside data, such as price feeds, ensuring that data is accurate, by relying on several decentralized sources. This helps Chainlink (LINK) to avoid various rugpulls and hacks such as the infamous Iron Finance which most DeFi degens from 2021 will remember. Chainlink (LINK) also offer proof of reserves, another much needed feature in today’s landscape.
There are now competitors to Chainlink (LINK) including Flare Network, but the Chainlink (LINK) reputation and time in development mean they are still the market leader. Chainlink (LINK) have strong partnerships, with the most recent for Chainlink (LINK) being on the 24th February with layer 2 solution Starknet.
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Toncoin (TON) freezes $2.5b of TON from inactive miner wallets
Toncoin (TON) – The Open Network – was originally founded by the brothers who started Telegram when it was known as Telegram Open Network. Due to issues with the SEC and the way they raised funds, the Telegram team exited the Toncoin (TON) project in 2020, handing Toncoin (TON) to the crypto community as an open source project.
Nevertheless, the connection with Telegram remains, as Toncoin (TON) recently sold Telegram usernames and virtual phone numbers as digital assets which can be used to log in to Telegram anonymously. Whilst some have seen this as a privacy advantage for those living in China, where using Telegram is illegal, others have pointed out that there are many other virtual phone number solutions available. As these numbers and usernames are purchased with Toncoin (TON), this confers an interesting use case for the Toncoin (TON) currency.
In November, the most expensive username – @news sold for 994,000 TON, which at today’s prices would be worth well over $2 million.
On 21st February, the Toncoin (TON) community voted to freeze inactive miner wallets, equalling a fifth of the total supply, causing a small pump for a few days. A hackathon sponsored by Toncoin (TON) is currently underway, rewarding devs in TON for building on the blockchain.
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Orbeon Protocol (ORBN) aims to protect investors and provide new opportunities
New crypto coins and projects are launched seemingly every day, and scams are plentiful as anyone who has used Telegram will know. So how can investors be sure that a project is genuine and that the business model is sound? Orbeon Protocol (ORBN) looks to solve that problem with its community based VC model.
The Orbeon Protocol (ORBN) team has a background in traditional finance and plans to use that knowledge to present its community of retail investors with promising opportunities. Companies looking to raise equity or offer rewards via Orbeon Protocol (ORBN) will mint NFTs. Orbeon Protocol (ORBN) will then fractionalise those NFTs and sell them to their community. As long as the project reaches its funding goal, investors can hold, swap or sell their NFTs within the Orbeon Protocol (ORBN) platform. If the project fails to meet its goal then a “Fill or Kill” mechanism within Orbeon Protocol (ORBN) will be triggered and investors will automatically receive a refund, protecting them from underfunded projects.
ORBN, the Orbeon Protocol (ORBN) native token, is currently for sale at 0.0835, and experts predict that it could reach $0.24, which would translate to approximately a 6000% return for early investors and 187% increase from today’s price.
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Website: https://orbeonprotocol.com/