The internet is entering a new era. With the rise of blockchain technology, we are seeing the development of a new virtual world: the metaverse. This world is being built by projects like Orbeon Protocol (ORBN), Decentraland (MANA), and The Sandbox (SAND). The former is in phase 2 of the public presale, while the latter two have had recent success.
Orbeon Protocol in particular has already seen its price from %0.004 to %0.014.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a different kind of investment platform - it is built with blockchain technology. This opens the door for equity-based NFTs, enabling anyone the opportunity to back the most promising crypto projects and at the same time for businesses to connect directly with their community.
This new concept is great for investors too, as it allows them to invest at the early stages in a project's development and have ownership over it. No longer are the best investment opportunities reserved for the world’s elite.
Smart contracts are the foundation of the Orbeon Protocol, and these are essential for secure investments. This is because they ensure that all conditions outlined in a contract are met before releasing funds or tokens from one party to another. There's even a 'Fill or Kill' mechanism which automatically refunds investors if a certain threshold is not met within a specified time frame.
Like any truly decentralized project, Orbeon (ORBN) has a native token for governance, staking, reduced fees, and exclusive access to the platform's features. This token is called ORBN and will be used to fuel the entire project.
Orbeon (ORBN) is still building its metaverse functionality, with huge plans to build a world where users can explore its virtual spaces and engage with others. Users will be able to create, customize, and monetize their own digital assets within the Orbeon environment.
Only time will tell what the future holds for this fledgling project, but with a strong USP, innovative technology, and over $1M invested in seed funding so far, we can see why analysts are predicting a 20x move from the current price of $0.0144.
Decentraland (MANA) is the world’s first virtual, blockchain-based universe. It allows users to purchase, develop, and monetize their own virtual LAND parcels and use them to create immersive 3D experiences.
Decentraland uses non-fungible tokens (NFTs) as digital assets that can be used to represent ownership of LAND parcels in the Decentraland world. These NFTs are ERC-721 tokens, meaning that each one is unique and not interchangeable with another token.
First-mover advantage has resulted in Decentraland (MANA) being used by the likes of Atari and Samsung. In fact, Atari is building a casino in the "Vegas City" of Decentraland (MANA). If the project continues to gain traction, it could be the platform of choice for those looking to enter the metaverse.
Sandbox (SAND) is a virtual world platform that allows users to build, own, and monetize their gaming experiences using NFTs. It is powered by Ethereum blockchain technology and the SAND token, which is used to buy land and in-game NFTs.
So far, the Sandbox team has partnered with renowned companies in the gaming industry like Atari, Baidu, and Ubisoft. Atari has recently released their "Sunnyvale" game, which sees players interact with others as Atari characters.
With such powerful endorsements and a rapidly growing user base, Sandbox (SAND) is well-positioned to become the go-to platform for any company that wants to create a presence and build games in the metaverse.
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