If you’re new to crypto, it can be tough to understand all the jargon and concepts. That’s why we’ve put together this investment guide for crypto beginners. We’ll explain what Axie Infinity (AXS) and KuCoin (KCS) are and why they might be good investment opportunities. We’ll also cover Orbeon Protocol (ORBN) and why it’s forecast to be a strong investment even during phase one of its presale.
Axie Infinity (AXS)
Axie Infinity is a novel metaverse gaming platform. Built on the Ethereum blockchain, Axie Infinity is a digital pet universe where players can breed, battle, and collect creatures called Axies. Think of it as a mix between Pokemon and Tamagotchi. So far, Axie Infinity has been a hit with over 100,000 unique transactions and nearly $1 million in total value locked (TVL) in its smart contracts.
How It Works
Players collect Axies by buying them from the in-game marketplace or breeding Axies by themselves. Each Axie has a unique set of stats and can be used in battle to earn rewards. Battles are fought in 3v3 format, and players can win prizes if they come out on top. Players utilize Axie Infinity Shards (AXS) as the currency across the game.
Why Axie Infinity is a Popular Investment
The Axie Infinity team has a strong track record in the gaming industry. The game is already live and has a thriving community of players. With more features and minigames planned for the future, Axie Infinity is well-positioned to grow into one of the most popular Ethereum-based games.
Publicly launched in 2017 by Michael Gan and Eric Run, KuCoin is a cryptocurrency exchange that allows users to trade various digital assets. The platform has been growing in popularity thanks to its low trading fees and wide range of supported coins. KuCoin also offers its own token, KCS, which gives holders a discount on trading fees and rewards them for participating in the KuCoin ecosystem.
How It Works
Users can buy and sell cryptocurrencies on KuCoin using either fiat currency or another cryptocurrency. The platform supports various digital assets, including popular coins like Bitcoin, Ethereum, and Litecoin. KCS holders can get a discount on trading fees and earn rewards in the form of KuCoin Shares (KCS).
Why KuCoin is a Popular Investment
KuCoin is one of the fastest-growing cryptocurrency exchanges, with a daily trading volume that recently surpassed $1 billion. The platform has a strong team, with big-name investors like Sequoia Capital backing it.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) takes a unique approach to decentralized finance (DeFi). Rather than relying on traditional venture capitalists to back startups, the protocol offers NFTs-as-a-service to entrepreneurs who can mint their startups as fractionalized, equity-based NFTs. Every day investors can buy these fractionalized NFTs for as little as $1 and companies can start growing a supportive community right from the start.
How It Works
Using NFTs-as-a-service, Orbeon Protocol bridges the gap between startups and investors. Once investors are in the Orbeon Protocol ecosystem, they have access to key features, like Orbeon Swap, Orbeon Exchange, and Orbeon Wallet, a decentralized digital wallet that enables users to buy, sell, and exchange cryptocurrencies quickly and in one place. These features allow users to easily buy, swap, and store tokens within Orbeon Protocol’s ecosystem.
Orbeon Protocol’s token, ORBN, powers the ecosystem. Holders have access to various benefits, including the ability to stake shares to earn passive income, discounts on trading fees and cashback rewards, and priority access to upcoming funding rounds and investment opportunities, to name a few.
Why Orbeon Protocol is a Popular Investment
Investor security is a central focus for Orbeon Protocol. Their smart contract was audited by Solid Proof and includes features like the “fill or kill” mechanism that instantly refunds investors if the company they backed doesn’t reach its initial funding goals. Other security features making Orbeon Protocol a good investment are liquidity pools that are locked for ten years and team tokens that are locked for one year and then released quarterly.
The presale for ORBN tokens is open, and the token price is $0.004. Analysts predict that ORBN tokens will rise in price by 6,000% during their presale phase to $0.24. Investors who are looking for secure crypto investments on a budget are investing in Orbeon Protocol.
Find Out More About The Orbeon Protocol Presale