Home Community Insights Battle Of The Metaverse: Axie Infinity (AXS), Decntraland (MANA), And Orbeon Protocol (ORBN)

Battle Of The Metaverse: Axie Infinity (AXS), Decntraland (MANA), And Orbeon Protocol (ORBN)

Battle Of The Metaverse: Axie Infinity (AXS), Decntraland (MANA), And Orbeon Protocol (ORBN)

Axie Infinity and Decentraland are losing investors to Orbeon Protocol. The latter will provide a new approach to venture capital and utility tokens in the cryptocurrency space. Orbeon Protocol is currently in phase one of the presale, with multiple analysts expecting a 60x surge in price after the presale wraps up.

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Axie Infinity (AXS)

Axie Infinity has earned a reputation as one of the cryptocurrency world’s favorite “play-to-earn” gaming tokens. It has proved to be popular with the market.

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Axie Infinity is the 53rd-largest cryptocurrency by market capitalization which provides a clear indication of how fast the project has grown.

However, this past week, Axie Infinity has seen a sharp price drop, prompted by the news that Sky Mavis, the creator of Axie, will release another 21.5 million tokens but only to existing investors and advisers.

Although players can collect Axies, own them as NFTs, and utilize them to earn rewards, many cryptocurrency investors are hesitant to invest in Axie Infinity (AXS) because the collectibles are essentially digital pieces of art in the realm of cryptocurrencies. Any gains on Axie Infinity (AXS) investments solely depend on whether or not the demand for digital art continues.

Decentraland (MANA)

Decentraland (MANA) is seeing an increased user activity lately. Decentraland also serves as a shared metaverse where users can purchase virtual plots of land.

Another unique feature of Decentraland enables this kind of functionality – it’s a scripting language that can be used to create other applications. This includes things like gambling apps, gaming apps, and 3D scenes.

Despite Decentraland’s fantastic promise, the gameplay is currently limited to “depthless.” At the same time, the metaverse setup is huge compared to the number of players it currently has.

Many cryptocurrency investors and traders are very bullish on metaverse developments, and Decentraland sits at the top of the food chain regarding Web3 and Metaverse projects. Global consulting firm McKinsey even found that the Metaverse can be worth over $5 trillion by 2030 if mainstream adoption occurs, meaning that Decentraland has a lot of potential if it garners enough adoption.

Axie Infinity and Decentraland are losing investors to Orbeon (ORBN)

Orbeon protocol (ORBN) is an investment platform transforming the crowdfunding and venture capital industries by allowing everyone to invest fractionally in the most intriguing and potential early-stage companies.

By delivering reward and equity-based NFTs, startups can acquire capital and engage their community. Each investment opportunity will be issued as a fractionalized non-fungible token (NFT), allowing anybody to support and invest in businesses they believe in for as little as $1.

No longer are investors excluded from investing in startups if they do not have sufficiently large capital, making it possible for anybody to invest in potential enterprises.

In the smart contracts of the NFTs that Orbeon Protocol develops for businesses, there is a “Fill or Kill” mechanism so that if a firm fails to accomplish its fundraising target within the allotted time, the NFTs will instantly return the funds to the investors.

Decentraland and Axie Infinity are starting to lose investors to Orbeon Protocol due to the unparalleled utility it provides. This trend is likely to continue until the presale concludes.

ORBN is the native utility token for Orbeon Protocol, and is under huge demand for  the benefits that the token grants to holders. This ranges from project governance rights to staking bonuses and much more. The current price is $0.004, and analysts anticipate a 6,000% increase to $0.24 by the end of the presale.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

Telegram: https://t.me/OrbeonProtocol

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