What is ORBS? A new crypto asset listing on Indodax
icon search
icon search

Top Performers

What is ORBS? A new crypto asset listing on Indodax

Home / Articles and Tutorials / judul_artikel

What is ORBS? A new crypto asset listing on Indodax

Orbs Crypto dan Cara Kerjanya

Table of Contents

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.

Was this article helpful?

Rate this article

You already voted!
Related Articles

Find more articles based on your favourite topics.

INDODAX Market Signal July 31, 2023 Update
04/09/2023
INDODAX Market Signal July 31, 2023 Update

Find the latest analysis on Indodax Market Signal on July 31, 2023. Let’s learn about market trends and maximize your investment potential. Read now!

04/09/2023
Adventure Gold (AGLD) Token Now Available on INDODAX!
01/08/2023
Adventure Gold (AGLD) Token Now Available on INDODAX!

The original ERC20 Adventure Gold (AGLD) Token will officially appear on INDODAX! Don’t hesitate, let’s check it right now and get multiple benefits from this crypto asset!

01/08/2023
Rocket Pool (RPL) Coin Now Available on INDODAX!
01/08/2023
Rocket Pool (RPL) Coin Now Available on INDODAX!

Rocket Pool (RPL) Coin will be coming soon to INDODAX! Immediately check the asset info now and get multiple benefits in the following article.

01/08/2023