In a recent vote of confidence in the potential of cryptocurrency and blockchain technology, venture capital firms poured more money into crypto startups than they did throughout the previous years combined – over $33 billion was invested into blockchain and cryptocurrency-related firms in 2021. With this kind of interest, the future of venture capital could be determined by Orbeon Protocol, a new cryptocurrency still in its first phase of presale and tipped to surge by 6,000%, alongside Axie Infinity and Dogecoin through the distinct features they possess.
Undoubtedly, Dogecoin has made a name in the crypto market thanks to its unique features and memecoin status. With as many as five billion new dogecoin tokens being produced each year, Dogecoin, an altcoin that was first introduced in 2013, has a total market cap of $100 billion. Dogecoin currently has a thriving investor community and has outlasted almost all of the early derivative altcoins, cementing Dogecoin as a long standing player in the market. Dogecoin’s native currency “DOGE” could decide the future of meme coins, however it does offer less utility than other competitive alternatives. This has drawn criticism from investors who dislike Dogecoin.
In the video game Axie Infinity, players gather and rear fantasy creatures called Axies. A squad of Axies can be assembled for arena combat against other players.
Utilizing the Ethereum network, Axie Infinity coins (called Axie Shards) are available for purchase and sale on a number of NFT marketplaces as well as other cryptocurrency exchanges.
The Axie Marketplace was recently upgraded by Axie Infinity. The upgrade provides compatibility for NFT charms and runes in Axie infinity as it uses the ERC 1155 standard. Furthermore, there will be improvements to the performance that will control the increased traffic that comes with the growth and adoption phases.
One of the first cryptocurrency crowdfunding platforms in the world, Orbeon Protocol, allows people to invest in a number of the most exciting and promising early-stage web3 companies on a fractional basis.
By providing reward and equity-based NFTs, startups will be able to raise money and interact with their community. Each investment opportunity will be minted into an NFT and fractionalized, allowing anyone to support and invest in brands they genuinely believe in for as little as just $1.
The Orbeon ecosystem is powered by the ORBN utility token, which offers the community a host of advantages including voting and governance rights, early access to upcoming investment rounds, rebates on transaction costs, access to exclusive investor groups as well as staking bonuses and rewards.
Still in its presale stage, its benefits could be of huge significance to budding venture capitalists. Orbeon Protocol’s native token is currently worth $0.004 and analysts have predicted a 6000% increase during the presale, raising it to $0.24.
Due to its role of providing equity-based NFTs whilst also opening startup investment up to the everyday investor, Orbeon Protocol is a significant asset that will likely make a huge impact in the web3 space. The platform brings together a plethora of different uses and services that can aid new businesses in building a profitable, community-backed project.
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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Source: https://www.thecoinrepublic.com/2022/10/31/axie-infinity-dogecoin-orbeon-protocol-the-cryptocurrencies-that-represent-the-future-of-venture-capital/