It’s always difficult to predict the next big cryptocurrency. Every new project promises a huge ROI, only to fall short when it comes to delivery. To decide whether or not a cryptocurrency is worth the investment, you often need to look at its utility.
Three new projects offering excellent utility are Decentraland (MANA), Axie Infinity (AXS), and Orbeon Protocol (ORBN), which has already seen a 655% price increase in presale. Each project utilizes innovative technology to impact its niche, pioneering new applications for Web3 and DeFi technology. Here’s what they offer.
Orbeon Protocol is a Pioneering Startup in Investments
Orbeon Protocol is currently in phase three of its presale and has quickly become one of the most popular investments of 2022. The project applies NFT technology to the crowdfunding industry, allowing retail investors to buy equity in startups through fractional NFTs.
The crowdfunding market currently locks out retail investors, only allowing venture capitalists and large corporations to invest. Orbeon Protocol breaks down this barrier with a new crowdfunding solution. Instead of seeking funding from a venture capitalist, startups can mint NFTs that represent equity in their business. These NFTs are then purchased by everyday investors for as little as $1, thanks to Orbeon Protocol’s fractionalization process.
To protect investors from losing money, Orbeon Protocol has also created a ‘Fill or Kill’ mechanism that refunds investors if a startup misses its funding goals.
Once an investment is made, NFTs are stored in decentralized Orbeon Wallets, which are part of a wider Orbeon Protocol ecosystem. This ecosystem consists of the Orbeon Exchange, Orbeon Swap, Launchpad, and Metaverse, which is currently in development.
This ecosystem runs on ORBN tokens, which can be used for staking, governance, and transaction fee discounts for holders. With huge potential to revolutionize the crowdfunding market, the price of ORBN has already increased from $0.004 to $0.030 during the presale. Investors predict this could increase to $0.24, making Orbeon Protocol a great investment for those looking for a high ROI this December.
Decentraland is The Fastest Growing Metaverse
Decentraland is a Metaverse run on the Ethereum blockchain. Decentraland lets users buy, sell and produce an income from digital real estate and in-game tasks. In this virtual world, players can interact with one another, trade goods, and play games.
The game operates with two main tokens: LAND and MANA.
LAND is an NFT that represents the ownership of digital land. MANA is the cryptocurrency used to purchase LAND and can also be used to make in-game transactions.
With over 300,000 monthly users, Decentraland has become one of the fastest-growing Metaverses in the world.
Decentraland has faced criticism over a player numbers scandal in recent weeks. While Decentraland reported a significant number of daily users numbering in the thousands, independent reports conflicted with this and suggested Decentraland had far lower amounts. If Decentraland’s user base continues to rise, it could be a project that dramatically increases in value throughout December and the start of 2023.
Axie Infinity is the Leading Blockchain-Based Gaming
Axie Infinity is a blockchain-based game where players can buy monsters (NFTs) and battle them to earn rewards. Players earn Axie Infinity Shards (AXS) tokens for battles and throughout gameplay, which can be traded at exchanges for other cryptocurrencies.
Axie Infinity is currently leading the play-to-earn space and has become a game many competitors have based their gameplay around. Axie Infinity Shards (AXS) are currently worth $0.0025023 and could increase dramatically throughout December this year. However, with a lack of consistent players, Axie Infinity has seen a dropping level of interest. Axie Infinity (AXS) has nevertheless seen a pump in price as gaming enthusiasts flock to the platform, but whether or not Axie Infinity can surpass the success of Orbeon Protocol (ORBN) remains to be seen.
Find Out More About The Orbeon Protocol Presale:-
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Source: https://www.cryptonewsz.com/three-best-cryptos-to-buy-in-2022-orbeon-protocol-decentraland-and-axie-infinity/