SPONSORED POST*
Orbeon Protocol’s first stage presale is currently making headlines worldwide having already seen a rise of 100% just days after the presale launch.
The rise of utility NFTs has finally begun, and projects like Mutant Ape Yacht Club are struggling to keep up. Let’s take a look at the past week in investing.
Summary
What is The Orbeon Protocol?
Orbeon Protocol is a massive undertaking within the investment world. This new platform aims to bring investors and start-ups together in a way that will revolutionise the entire industry, and the potential effects it could have on the traditional venture capital and crowdfunding industry are enormous.
It has always been difficult for the everyday investor to find new and promising startups to invest in. Additionally, plenty of startups cannot access the funding they require to take their businesses to the next level and are not able to build a community.
Orbeon Protocol solves both of these issues through the use of fractionalised NFTs meaning anybody can back the most promising web3 startups starting from only $1. At the same time businesses can raise the capital they need and build a community which is essential to any business nowadays.
It comes as absolutely no surprise that Orbeon is thriving. The presale for the Orbeon Token (ORBN) has been live less than week and expert analysts are expecting a 6000% increase in the price of the token.
Why The Mutant Ape Yacht Club Has Experienced Drastic Losses
In the grand scheme of things, the Mutant Ape Yacht Club provides very little real value. Sure, the Mutant Ape Yacht Club can allow people to buy NFTs, but beyond this, any practical uses are minimal.
This lack of utility is causing the Mutant Ape Yacht Club to lag behind in the current markets. Utility reigns king right now, and the fact that the Mutant Ape Yacht Club is not able to offer anything beyond a collection of Art NFTs is hindering its success drastically.
This is just the way things are right now. Until the markets change, tokens like Mutant Ape Yacht Club are likely going to continue to fall in price, and it should not come as a surprise when drastic fall-offs come in the near future.
What To Expect From The Markets In The Future
As you may have guessed by now, a common theme that can be found within the markets is the preference for utility.
Now could be a great time to capitalise on the markets. Just because Mutant Ape Yacht Club and other tokens are not performing well right now doesn’t mean they will not be in the future, and you may be able to take advantage of lower prices if you know what you are doing.
Nevertheless; you can expect the utility NFT trend to carry on for the near future, and for now, tokens like Mutant Ape Yacht Club are likely going to continue to be shunned by the community.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
