Orbeon Protocol (ORBN)’s investors have continued to enjoy the crypto’s appreciation since its presale stage.
However, not every project can give investors such confidence, Axie Infinity (AXS) and Illuvium (ILV), unlike Orbeon Protocol (ORBN), have continued their free fall to investors’ dismay.
Axie Infinity Continues its Downward Trend
Axie Infinity is a battling game and trading crypto project based on blockchain. The project is co-owned by the players.
The Axie Infinity project is inspired by some of the most popular games such as Tamagotchi and Pokemon, another factor that drives its popularity through the roofs.
During the game, players can perform several operations that include raising, breeding, collecting, battling, and trading Axies, token-based creatures.
Axie Infinity’s popularity notwithstanding, AXS’s current price represents a 3.65% depreciation within the past 24 hours and over 96% depreciation from its all-time high a year ago. Some crypto investors are still hopeful that Axie Infinity would appreciate in the long-term, even though the enthusiasm that greeted the AXS launch seems to have died down.
Illuvium Drops in Value amidst Market Crash
Illuvium is a fantasy battle game on the Ethereum blockchain. It is considered by many as the pioneer AAA game on the popular blockchain.
Illuvium (ILV) is designed as a great game for both hardcore DeFi enthusiasts and casual gamers as it boasts a wide range of trading and collecting features. Illuvium has a maximum supply of 10,000,000 ILV token and a circulating supply of 1,943,000 ILV.
From its highest price of $2,868.95 on May 29, 2021, ILV has lost about 99% of its value at a current price of $39.35. ILV token got to a peak of $98.67 on May 29,2021 but has continued on a steady decline. The bearish market seems to have also contributed to Illuvium’s woes. Would Illuvium ever get out of the woods? Only time shall tell.
Orbeon Protocol Gives Investors Hope as its Appreciation Continues
Prospective investors and other entrepreneurs looking for funding opportunities will find the Orbeon Protocol handy. It connects interested parties with venture capitalists while offering aspiring entrepreneurs investment-worthy ideas.
The protocol removes some of the challenges that budding entrepreneurs and aspiring business owners contend with, paving the way for a smooth transition into the business world.
Consider a case study. A company needs $500,000 to boost its business. It approaches the Orbeon Protocol team to assist with raising this fund. The team springs into action and assists its client to create 100,000 fractional NFTs which it makes available to the public at $5 per unit. More investors will be drawn to the project and take advantage of the low investment requirements to become shareholders in the company, enabling the company to raise the funds with ease.
Orbeon Protocol Ecosystem Maintains its Rising Strides
Orbeon Protocol maintains quality features that have attracted a lot of crypto enthusiasts. One of those features is the Launchpad ecosystem, which offers users the perfect platform to raise funds for their businesses or launch them on multiple blockchain networks.
With the NFTs feature, community members can purchase company-backed NFTs through this ecosystem. Moreso, the team plans to integrate Web3 and metaverse virtual worlds into the project soon.The Orbeon wallet is created for users to purchase, hold, or exchange NFTs or digital currencies.
The Protocol’s users can swap their NFTs and cryptocurrencies through Orbeon Swap. Startups and businesses can reward their investors with equity and NFTs via the exchange.
Crypto experts believe the token will appreciate significantly over the next coming months. They project that investors in the token may be surprised with a massive return on investment very soon.
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