As Orbeon Protocol (ORBN) introduces innovative solutions to common DeFi problems and has increased by 2713%, some are wondering if established players such as Binance (BNB) and Uniswap (UNI) will be able to keep up and survive in this rapidly evolving market.
Binance (BNB) gets criticism for its centralized-like approach while its price also drops to $335.50
Binance (BNB) is a well-known cryptocurrency exchange, popular for its easy-to-use platform. However, most Binance (BNB) users have criticized it for not being transparent enough. Therefore, Binance (BNB) performs regular audits, called “Proof of Reserves,” to address these concerns. It enables Binance (BNB) to ensure the platform has enough funds to cover its users’ accounts. Some users expressed worry that Binance (BNB) owes more than it actually acquires, after they checked the audits the platform made public.
Many users pointed out the imbalance between Binance’s (BNB) assets, and liabilities.
Additionally, Binance (BNB) users have also reported that they are unable to access their full transaction histories, leading to concerns about the security of their funds. Binance (BNB) has yet to take significant steps to address the issue. Currently, the token is trading at $335.50, which is over 2% down within the last 24 hours.
Uniswap (UNI) token price crosses $5, but high gas fee becomes a big issue
Uniswap (UNI) is a type of exchange that isn’t controlled by a single entity. It’s designed to let people use their own wallets without going through a complicated KYC verification process. Thus, Uniswap (UNI) gives people complete control over their digital assets.
Uniswap (UNI) offers great transparency, but high gas fees are associated with every Uniswap (UNI) blockchain transaction. It has become very inconvenient, and costly for everyday Uniswap (UNI) traders. They have complained that trading on Uniswap (UNI) has taken away their profits.
The high gas fees make it less appealing as an exchange, and also limit the types of trades Uniswap (UNI) can support. Ultimately, this issue decreases the platform’s liquidity. Users also find navigating the platform’s interface more challenging compared to other exchanges.
Currently, the Uniswap (UNI) token is trading at $6.64.
Orbeon Protocol (ORBN) ought to get popular among new and experienced investors
The everyday person usually isn’t able to invest in multiple promising startups, and crypto projects due to high entry barriers. But Orbeon Protocol’s (ORBN) platform is making it happen. The platform allows people to enter the investment market with as little as $1.
Experts say that Orbeon Protocol (ORBN) will challenge, and disrupt the traditional VC model by lowering the minimum investment amount required to buy big businesses’ equities.
Moreover, the concept of combining Web3 and crypto used by Orbeon Protocol (ORBN) can unlock new opportunities for businesses seeking funds. Orbeon Protocol (ORBN) will also help such early-stage businesses to engage with investors, and build a strong community.
They can mint each investment opportunity into an NFT using Orbeon Protocol’s (ORBN) NFT marketplace. Further, the NFT will be fractionalized into smaller portions. Thus, Orbeon Protocol (ORBN) will allow everyday people to invest in small amounts to become a part of big businesses’ communities. It makes Orbeon Protocol (ORBN) one of the best platforms for both early and experienced investors.
Blockchain ledger will carry out all the transactions taking place across Orbeon Protocol (ORBN). Thus, all transactional information will be public, on the chain.
Currently, the platform is hosting its 11th presale stage, where Orbeon Protocol (ORBN) token is available at $0.1125. Investors must book the token before the presale ends.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
