Why Decentraland (MANA) and VeChain (VET) Users Are Looking at the Orbeon Protocol (ORBN)

Jamie Larson

• 2 min read
Why Decentraland (MANA) and VeChain (VET) Users Are Looking at the Orbeon Protocol (ORBN)

Orbeon Protocol is a new player in the blockchain industry that has recently gained attention (ORBN). During phase 1 of its presale, ORBN is gaining tracking while the prices of many digital assets struggle to find a bottom. Users of Decentraland (MANA) and VeChain (VET) are starting to pay attention, and with good cause.

Protocol Orbeon (ORBN)

Blockchain technology is used by the crowdfunding platform Orbeon Protocol (ORBN) to assist link project creators and backers. Startups provide equity-based NFTs that allow investors direct ownership of a portion of the project through the Orbeon Protocol (ORBN).

By eliminating the need for an intermediary, backers may now easily support the projects they care about thanks to this innovative new crowdfunding approach. Additionally, fractionalization makes it more accessible than ever before because supporters may become involved with just $1.

The characteristics of Orbeon Protocol (ORBN) don't end there, though; they also include a "Fill or Kill" system that automatically reimburses investors in the event that a project fails to meet its objectives. As it is predetermined by the smart contract, it cannot be changed.

The Orbeon Protocol (ORBN) ecosystem, including governance and voting rights, reduced trading and transaction fees, staking bonuses and awards, access to exclusive investment groups, and much more, will be powered by ORBN as a utility token. With so many useful features, it's understandable why users of Vechain (VET) and Decentraland (MANA) are paying attention to ORBN.

With its cutting-edge solution, Orbeon Protocol (ORBN) hopes to capitalize on the $13.5 billion crowdfunding market that is currently thought to exist. The project has so far attracted a lot of attention; during phase 1 of the presale, approximately 63,936,000 ORBN were sold, and the crypto community anticipates a price increase of 60 times until the end of 2022.

>>Purchase OrbeonRBEON Token Here.<<

Vechain (VET) (VET)

A blockchain platform called Vechain (VET) is dedicated to offering business solutions. Transactions on the Vechain (VET) blockchain are powered by the secondary VTHO token, which is created by the original VET token of the Vechain platform.

The Vechain (VET) team has been putting forth a lot of effort to bring businesses on board with their blockchain technology. Recently, it was revealed that Vechain and TruTrace would collaborate to assist track the worldwide supply chain for goods such as food, clothing, and medical supplies.

Vechain (VET) adoption is progressing steadily, but there is still insufficient demand for the token to climb back to its all-time high of $0.2782. There is also fierce competition from other enterprise blockchain products, such IBM's Hyperledger Fabric.

Decentraland (MANA)

The Ethereum blockchain powers the virtual reality platform Decentraland (MANA). In the Decentraland metaverse, you can buy virtual land using the platform's native coin, MANA.

Since its launch, Decentraland (MANA) has experienced tremendous development, with participation from companies like Atari, Binance, and Snoop Dogg. However, the price of MANA has dropped dramatically after reaching an all-time high of $5.90 to a price of $0.6301 as a result of the recent decline in the cryptocurrency market.

The Decentraland (MANA) team has a lot of work ahead of them because VR and AR are still in the early phases of adoption. Additionally, Decentaland's competition is intensifying as companies like Meta create their own VR environment (MANA).

Only 8,000 users are active everyday on Decentraland (MANA), according to a recent DappRadar assessment. This is unexpected, especially given the platform's remarkable market worth of $1.18 billion.

Find Out More About The Orbeon Protocol Presale