With the metaverse offering the potential to change many industries, it’s understandably a common focus of savvy crypto investors. As a result, many are starting to wonder whether Axie Infinity (AXS) and Orbeon Protocol (ORBN) , an exciting newcomer that has entered stage one of its presale with 125% growth, can rise above the more established Decentraland (MANA).
Orbeon Protocol – Destined for success
Orbeon Protocol is an exciting new project, attracting much attention in the crypto space and beyond. Orbeon Protocol is a game-changer for investments, utilizing blockchain technology across the Orbeon ecosystem to allow everyday investors to access hard-to-find opportunities and invest in early-stage companies with high potential.
Orbeon Protocol achieves this through equity-backed fractionalized NFTs, providing the launchpad the facilitate the funding rounds — Orbeon Exchange — as well as a built-in secondary market for the NFTs, called Orbeon Swap. Startups looking to raise funding through Orbeon Protocol are minted as these fractionalized, equity-backed NFTs which can be purchased for as low as $1 – an advantage that is likely to disrupt the venture capital market.
For Orbeon Protocol, security is clearly of utmost importance. Having successfully passed an audit of its smart contracts by Solid Proof, as well as implementing a “Fill or Kill” feature within the launchpad to ensure that part-funded rounds are immediately reverted.
Key to the success of the ecosystem is the utility token, ORBN. This token, with a supply of 888 million, is fundamental to the workings of the launchpad (for both business and investor users). It also serves as a means of acquiring voting rights to govern the future of the platform effectively. The project also provides a number of further incentives for ORBN holders to maintain their tokens, with private investor groups and priority funding opportunities as part of the benefits.
Can Decentraland be dethroned?
While Decentraland’s MANA token holds the highest market cap at the moment, Axie Infinity’s AXS is not far behind. Both projects have struggled with growing (and even maintaining) their user levels, so it’s difficult to see where significant growth could come from. Both Decentraland and Axie Infinity will benefit as the metaverses improve, but this is a slow process and takes time.
The limitation of both Axie Infinity and Decentraland is that the metaverse is still in its infancy. Axie Infinity has shown some promise with its user levels at some points, but details recently showed that at most Decentraland supported just 675 active daily users. Decentraland would need to see a significant surge in user numbers to justify the development of such a massive virtual world.
Orbeon Protocol, in contrast, does not rely on metaverse adoption to see significant gains. It can use the metaverse to its advantage when ready, but offers a huge amount of value through its disruption in the meantime, and the ORBN token price is set to capitalize on this.
Conclusion
Decentraland may be leading the way in terms of market cap for now, but it’s likely to be overtaken very soon, with Orbeon leading the charge. While Axie Infinity is not especially likely to dethrone Decentraland, Orbeon Protocol is looking certain to; market analysts have already issued forecasts that the token value of ORBN is likely to rise 6,000% during its presale and so it looks inevitable that Orbeon Protocol will see chances to overtake MANA in popularity.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
