This week, the blockchain gaming platform Gala Games (GALA) filed a $28 million lawsuit against pNetwork, Orbeon Protocol (ORBN) pumps again, and Bitcoin (BTC) enters the bull territory. Of this news, Orbeon Protocol (ORBN) is leading the way with an impressive performance during the ongoing presale of their native token ORBN.
The price of Orbeon Protocol has surged 2023% since October. Analysts are predicting further price increases the closer they get to their launch date on the exchange.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a decentralized platform for crowdfunding that harnesses the potential of fractionalized NFTs to facilitate the fractional sale of a business opportunity to a global investor base. By utilizing NFTs, Orbeon Protocol (ORBN) lowers the minimum investment requirement, making it more accessible for individuals from various backgrounds to invest in cutting-edge startups.
For startups seeking capital, Orbeon Protocol (ORBN) serves as a one-stop shop for fundraising needs. No longer are angel investors, venture capitalists, and traditional financial institutions the only options on the table.
Moreover, Orbeon Protocol (ORBN) employs smart contracts to guarantee secure and transparent transactions, eliminating the necessity for manual verification and reducing the likelihood of fraud on Orbeon Protocol (ORBN).
Holding ORBN tokens provides access to the best projects on Orbeon Protocol (ORBN), in addition to staking rewards, fee reductions, and governance privileges. With so much utility, ORBN should appreciate in price as the project gains more traction and recognition.
The presale phase of Orbeon Protocol (ORBN) has been a huge success, with over $6 million raised from more than 6,000 buyers. This has been a great start for the project as it looks to become a major player in the billion-dollar world of crowdfunding.
Gala Games (GALA)
Gala Games (GALA) seeks to create a decentralized gaming ecosystem where players can truly own their in-game items, characters, and virtual lands, represented as non-fungible tokens (NFTs).
The GALA token is the native cryptocurrency of the Gala Games (GALA) platform, used for purchasing in-game items, participating in governance, and rewarding players for their contributions to the Gala Games (GALA) ecosystem.
While Gala Games (GALA) has been making great strides in the blockchain gaming world, the project has recently filed a $28 million lawsuit against pNetwork for failing to fix a coding error, which resulted in Gala Games (GALA) losing over $25 million. If this wasn’t bad enough, Gala Games (GALA) claims that pNetwork benefited from the coding error.
It remains to be seen how the legal proceedings between Gala Games (GALA) and pNetwork will play out, but we just hope that those who lost their (GALA) funds will be able to get reimbursed as soon as possible.
Bitcoin (BTC)
Born in the aftermath of the 2008 financial meltdown, Bitcoin (BTC) emerged as a pioneering digital currency aimed at challenging the issues associated with centralized monetary systems. With a finite supply and immunity to inflation, Bitcoin (BTC) presents a more dependable store of value compared to conventional fiat currencies.
In a recent turn of events, Silicon Valley Bank crumbled under the pressure of bank runs and mounting fears of hyperinflation. Consequently, Bitcoin (BTC) witnessed an impressive uptick in its price, soaring by nearly 50% to touch $28,450 per Bitcoin (BTC).
This remarkable ascent in Bitcoin (BTC)’s value is likely a direct consequence of the real-life affirmation of its “Inflation Hedge” premise. As it stands, Bitcoin (BTC) is increasingly being embraced by those in search of a secure means to safeguard their wealth from the perils of inflation.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.