Orbeon Protocol (ORBN) has had a riveting start to its Phase 1 Presale, seeing massive predictions for an ORBN price increase, up to 6000% over the next few months. While great news for Orbeon Protocol, Decentraland (MANA) is seeing a severe lack of interest from investors.
As the bear market intensifies and projects rise and fall, this article explores why Decentraland is dwindling and why Orbeon Protocol is disrupting the venture capital industry.
Decentraland user base dwindles, MANA in a huge slump
Decentraland, and its native token, MANA, are in a huge slump which has lasted months. While Decentraland occasionally ticks up in value, gains are inevitably lost to huge negative movements. Decentraland reportedly had fewer than 650 active users as of mid-October, despite a valuation of over $1 billion.
Part of the problem is how inaccessible Decentraland is. Many aspects of Decentraland require huge, upfront payments and a large disposable income to really engage with. As well as this, the idea of a virtual metaverse is a niche idea without many individuals sold on the idea.
Time will tell if Decentraland can evolve to become more accessible for the average person, but until then, it will continue to dwindle and struggle.
Orbeon Protocol investor count sets a new record, $10.5m at the end of the presale
Orbeon Protocol is a new, decentralized investment platform that is set to disrupt the venture capital industry. Orbeon Protocol mints equity-backed NFTs for startups that seek to raise funding on the platform. Designed to be accessible to any investor, the NFTs are fractionalized and available for as low as $1.
As such, Orbeon Protocol allows anyone to invest, on any scale. This kind of new venture capitalism is far different from the norm, as opportunities are usually only available for the wealthy, or angel investors, who have massive amounts of capital. Companies are now also able to raise funds much more efficiently than is possible through traditional routes.
With the community in mind, and safety a top priority, Orbeon Protocol also includes convenient features and technologies to help investors. The excellent ‘fill or kill’ system that Orbeon employs is a great example – if a project doesn’t get fully funded, investors aren’t at risk: they can simply get their investment back.
Orbeon Protocol also features a native ORBN token, which is currently available for presale, and grants holders benefits ranging from project governance rights to staking bonuses and transaction fee discounts.
Due to the genius design of the system, as well as how accessible it is, people are understandably flocking to this project. Orbeon has a very bright future ahead of it.
Conclusion
Orbeon offers substantial appeal to everyday investors, with a low barrier to entry for investment on the platform, as well as a utility token which stands to continue increasing in price as the potential of Orbeon Protocol becomes more apparent. In terms of accessibility, it roundly defeats Decentraland on all counts.
ORBN already has a huge investor count and is setting all kinds of new records, with $10.5m worth of tokens set to have been sold by the end of its presale. ORBN is seeing positive momentum, with the token set to increase in value by a huge 6000%, rising from $0.004 to $0.24.
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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