Indodax continues to increase the number of crypto assets. It aims to make you more alternative or crypto asset investment choices. What is Orbs?
In addition, Indodax also bridges blockchain developers from around the world to target the market in Indonesia. Given the blockchain technology that continues to grow and requires the Indonesian market.
Another crypto asset that has just been listed is Orbs. This crypto asset will be listed on April 7, 2021. Are Orbs worth collecting? Let’s take a look at this article!
What is Orbs Crypto?
Orbs is a public blockchain infrastructure designed for mass use applications. The Orbs protocol is decentralized and run by a public network of validators without permission using Proof-of-Stake (PoS) consensus.
The Orbs protocol relies on the ORBS token which is used for settling fees related to application execution. This protocol also provides an incentive system used to select validators.
Founded in 2017, Orbs is being developed by a dedicated team of more than 30 people from several countries. Among them from England, Singapore, Tokyo, Japan and Seoul, South Korea.
The Orbs platform is a decentralized serverless cloud that allows developers to build backend services (applications). Later used to be executed by Orbs Gurdians.
The platform’s main offerings include consensus-based computation of smart contract execution and consensus-based storage.
Orbs Targeting Indonesian Market
Orbs admits that it’s always fun getting to know a new community. The Orbs team has great communities in countries like Japan and South Korea. But they haven’t had many opportunities to interact with Indonesia.
Orbs is always excited to work with others to advance public blockchain technology and we look forward to learning from the Indonesian community and exploring the value our project can bring to it.
Orbs Main Target This Year
The main objective of this year’s Orbs project is to continue to roll out useful and innovative tools that contribute to the DeFi space.
Orbs also wants to help connect it to the Orbs network ecosystem. Recently, Orbs introduced the Orbs Liquidity Nexus concept. This creates a path for liquidity sourced from CeFi to enter DeFi.
The Orbs team plans to launch other similar strategies and concepts in collaboration with many more developers.
Reputation of Orbs, Is It Worth Owning?
Well, for you investors or traders, you must be curious about Orbs. Are Orbs worth owning? Let’s take a look at its reputation, quoted from Coinmarketcap.com.
Orbs is ranked 134. The day before listing on Indodax, the market cap of Orbs reached USD 511,483,938. The total transaction volume reached USD 85,114,980 and the circulating supply was 2,229,950,518 Orbs.
Hmm. What do you think? Are Orbs good for you to collect?
For those of you who want to invest in Orbs, you can buy Orbs at Indodax on April 7, 2021.