As the crypto market struggles to break free of the current bear market trend, many projects are suffering from continuous drops in value. SAND, The Sandbox’s native token, is no exception, leaving investors to consider other options like Orbeon Protocol.
Orbeon Protocol (ORBN), an exciting new platform currently in stage two of its presale, is seeing massive adoption. Its popularity is likely to keep growing exponentially in 2023 as experts predict ORBN’s price will rise from $0.004 to $0.24 by the end of presale.
The Sandbox (SAND) Gathers Support Amidst Bear Market
The Sandbox is a decentralized platform built to accommodate creators and gamers simultaneously. Using the power of NFTs, the Ethereum-powered play-to-earn game allows its users to create, buy, and sell digital assets in the form of virtual land and gaming experiences. The Sandbox has drawn comparisons to rival metaverse platform Decentraland. However, many confident investors discern the difference between the two, with many considering The Sandbox to have more potential.
Upon its entry into the crypto market in 2012, The Sandbox gained massive adoption. However, the current crypto winter has not been kind to the project. As of writing, The Sandbox’s native token, SAND, has continued downward, trading below the $1 mark, despite having a $6.9 all-time high. Though, analysts still believe that The Sandbox might rally in the coming days.
What Makes Orbeon Protocol (ORBN) So Attractive To Investors
Orbeon Protocol is a platform built to disrupt the crowdfunding and venture capital industry, making it accessible to a wider range of investors. It effectively utilizes fractionalized NFTs to give everyday users access to invest in promising startups while they are still in their early stages to get in on the real profits.
On Orbeon Protocol, startups can easily engage with their community and launch funding rounds using reward and equity-based NFT offers. Orbeon Protocol mints NFTs representing equity in a startup, and users can be a part of these businesses and brands they see potential in for as low as $1 per NFT.
Unlike projects that launch tokens with zero use cases, Orbeon Protocol is packed with multi-use capabilities. Apart from its primary fractionalized crowdfunding offers, it has multi-chain capabilities allowing users to trade across chains at significantly reduced costs.
Orbeon also appeals to investors because of several measures to reassure them of its security. These security measures include a smart contract audited by Solid Proof, a liquidity pool locked for ten years as a precaution against a rug pull, and the team’s tokens are locked for one year before being released quarterly.
In addition, Orbeon Protocol protects its users through an automatic “fill or kill” mechanism that returns investors’ funds to their wallets should the startups they invest in fail to raise the specified goal amount.
ORBN, the project’s utility token, grants holders access to myriads of perks, including governance and voting privileges, transaction fee discounts, staking rewards, priority on future funding rounds, and lots more.
Even though Orbeon Protocol is still in the first stage of its presale, analysts forecast a 6000% rise – from $0.004 to $0.24 – before the end of the presale period.
In conclusion
While The Sandbox might be experiencing a hard time in the current bear market,
Orbeon Protocol continues to surge. Orbeon Protocol offers groundbreaking ideas in the industry, and investors are eager to participate in the project in its early stages.
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DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
