There has been a lot of upheaval in the cryptocurrency markets recently, especially with the ongoing 2022 FIFA World Cup.
Two of the most notable tokens to keep an eye on during the World Cup are Chiliz (CHZ) and of course Orbeon Protocol (ORBN).
Orbeon Protocol, which is currently in phase 3 of its presale, is one project that has sparked a lot of curiosity among investors following its 655% price increase. Elsewhere in the market, Socios’ Chiliz is emerging as another hot pick as the World Cup enters its final stage.
Here’s why you need to keep an eye on the two tokens:
Chiliz (CHZ)
Chiliz, a network that lets teams make fan tokens, had been riding a wave of optimistic sentiment prior to the start of the World Cup on November 20.
The World Cup is a global event watched by more people than the Olympics and Super Bowl combined. In fact, more than half of the world’s population watched the 2018 FIFA World Cup.
The popularity of the sport has sparked an interest in sports-related tokens such as Chiliz (CHZ), a lesser-known crypto-asset created by a FinTech company located in Malta.
So, what is Chiliz and what utility does it provide?
Chiliz (CHZ), is a cryptocurrency with a reputation for its emphasis on sports and entertainment. It is a blockchain-based platform that helps sports and entertainment companies connect with their fans and monetize their content.
Socios, a blockchain-based sports entertainment network run by Chiliz (CHZ), gives sports fans a voice in the decision-making processes of their favorite teams. There are even numerous fan tokens available on Socios.com.
By facilitating communication between teams and their fans, fan tokens provide a new revenue source for sports organizations and other institutions. Chiliz (CHZ) had been trading primarily in the green zone during the 2018 FIFA World Cup. However, just like the majority of altcoins in the cryptocurrency market, Chiliz has also seen a drop in the run-up to the global football tournament.
Orbeon Protocol (ORBN)
In a way that no other cryptocurrency protocol has done before, Orbeon Protocol opens the doors of the venture capital business to regular people. This has the added benefit of facilitating a new avenue for businesses to initiate a fundraising round, which is a major boon for the industry as a whole.
With Orbeon protocol, any investor can participate in the financing round of their favorite company, which also helps to establish a passionate community around a firm, thanks to the innovative platform’s use of equity-backed, fractionalized NFTs.
Startups looking to raise capital can mint these equity-backed, fractionalized NFTs for as little as $1. This allows everyday investors to support them, whilst the startups raise capital more efficiently.
Orbeon Protocol, which uses ORBN as its utility token, has proven that it values user security by incorporating a “Fill or Kill” feature directly into the smart contract that guarantees the immediate return of invested capital should a funding campaign fail to meet its goals.
There is a wide variety of perks offered to ORBN holders, such as participation in exclusive investor groups, priority placement in investment rounds, and governance voice.
Additionally, owing to its inherent usefulness and support from a solid project, ORBN has been predicted to increase by more than 6000%.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
