Chainlink has recently announced bullish partnerships in the web3 music and gaming spaces, demonstrating the importance of their decentralized oracle network and their interest in dNFTs (dynamic NFTs). Orbeon Protocol and their fNFTs (fractionalized NFTs) continue to excite investors as a new 5th phase of their presale is announced. Messari.io recently released their Q4 report on Filecoin with the results being mostly positive.
Orbeon Protocol (ORBN) enters stage 5 of its presale due to demand and development milestones
Orbeon Protocol, a decentralized funding and investing platform, was due to launch its token (ORBN) on Uniswap at the end of January. However due to unprecedented demand and community feedback, they have launched additional seed rounds. The Orbeon Protocol team told their community that over 8 million tokens were sold in just 24 hours and that because they are much further ahead in their roadmap than anticipated, they are now looking to get listed on some major CEXes, in addition to Uniswap.
At its core, Orbeon Protocol (ORBN) allows everyday investors to support startups with as little as $1 through the use of fractionalized, equity back NFTs as an investment option.
ORBN began the token presale at $0.004, and is now available at $0.071 – a gain of 1675%. Analysts are predicting the token could reach $0.24, a gain of 240% from the current price and 60x from the initial price.
Chainlink (LINK) continues to develop; partners with web3 music and gaming platforms
Chainlink has partnered with Picardy.io, a music based platform that aims to help creators “sell project royalties as NFTs or ERC 21 tokens, and generate tokens for brands & creators.” Chainlink will be used to automate the process of collecting royalties, making it easier than before for musicians to safely monetize their music. This correlates with Chainlink’s interest in dynamic NFTs, that is, NFTs which can evolve or change based on specific conditions or real-world events.
Chainlink believes that dNFTs may be the next step in NFT evolution, with the team behind the leading decentralized oracle network recently comparing them to the evolution of web pages from static to dynamic, similar to the internet in 1997.
Chainlink has also partnered with web3 gaming accelerator Icetea. Startups in Icetea’s network will gain access to Chainlink services. Chainlink will also offer enhanced marketing support to selected startups and may connect them with investors/business partners from their own network.
Filecoin (FIL) price action may be temporary as 21% of their workforce lose their jobs
Filecoin is up by almost 50% this month, despite the fact that Protocol labs, the company behind Filecoin, has just slashed one fifth of their workforce, citing difficult global macroeconomic conditions, and a need to ensure long term sustainability.
Crypto analyst Aboidun Oladokun suggests that the current Filecoin (FIL) price rally is simply a mirror for the general market, and that certain indicators are bearish and may well indicate a trend reversal.
It’s not all bad news though, as Messari released their “State of Filecoin Q4 2022” report, noting that whilst Filecoin fee revenue is down by 31% for Q4, it is up by 44% for the year. Furthermore the data shows that Filecoin continues to grow, because active deals increased 117% QoQ, and 1798% YoY and over 600 projects are now building on Filecoin.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
