As the digital world evolves, blockchain technology continues to push boundaries, offering new possibilities for decentralised ecosystems. We see ourselves as being among the key players in this rapidly advancing space. The Orange Web3 platform is centred on user-generated content (UGC) and tools for decentralised gaming and world building. With exciting developments underway, Orange Web3 is poised to make a significant impact. Let’s explore the milestones already achieved and what's on the horizon for this ambitious platform.
Orange Web3's testnet has been a resounding success, processing over 23.3 million transactions since its launch. This activity demonstrates the platform's scalability and potential to become a robust environment for decentralised applications, gaming, and social interactions. Testnets are crucial for stress-testing blockchain infrastructure, and the high transaction volume is a strong signal that Orange Web3 can handle the demands of real-world usage as it transitions to mainnet.
In comparison, many successful Layer 1 blockchains, such as Avalanche and Solana, initially saw similar transaction volumes during their testnet phases before rapidly gaining traction on mainnet. This is a positive indicator for Orange Web3’s future as a Layer 1 platform designed to support decentralised applications (dApps) and services, especially in the UGC and gaming spaces.
To think, Orange Web3 hasn’t started onboarding major partners, launched its DEX on testnet or its marketplace for UGC tools and content. We expect these transaction and activity numbers to skyrocket in line with users and token interaction.
The platform’s focus on gaming is proving to be a hit, with 7.9 million games completed on the testnet to date. The rapid engagement highlights the platform’s ability to attract players and create an interactive ecosystem where users are eager to compete and earn. With the number of users expected to surpass 20,000 in the coming days (currently at 19.9K), Orange Web3 is establishing itself as a leading platform in the growing web3 gaming sector.
As web3 gaming continues to grow, it’s becoming evident that players are increasingly drawn to games where they can own assets, earn rewards, and participate in decentralised governance. DappRadar recently reported that blockchain-based gaming attracted 1.7 million unique active wallets daily in 2022, showing significant growth potential in this space, a number which has long since been surpassed and Orange are positioned to catch a percentage of the next wave.
As the platform evolves, Orange Web3’s exposure will expand through various initiatives, welcoming hundreds of thousands of new users into the ecosystem. The platform's collaboration with other projects and companies, including Goama Games, will play a pivotal role in driving this adoption. Goama, with its millions of users across Asia and LATAM, is set to usher in a new wave of gamers into the Orange ecosystem, seamlessly blending traditional gaming with blockchain rewards.
Furthermore, partnerships with prominent blockchain projects like Avalanche will amplify Orange Web3’s visibility and position it to tap into Avalanche’s massive ecosystem of developers, users, and investors.
The launch of Orange Web3's decentralised exchange (DEX) is imminent, and it will play a vital role in shaping the future of the platform’s financial ecosystem. The forthcoming DEX will offer users the ability to swap, trade, and stake, creating a GameFi playground for participants to explore. More importantly, Orange will introduce a testnet stable token to facilitate seamless transactions on the DEX.
Stablecoins have been an integral part of the DeFi landscape, and their use on testnets allows developers and users to test protocols, ensuring that real-world launches are stable and efficient. Projects like Uniswap and PancakeSwap started their DEX journeys similarly, offering valuable lessons for Orange Web3’s own progression.
Orange Web3’s plans for WebXR spaces could be game-changing. These spaces will allow external projects to create pop-up virtual spaces for social gatherings, product promotions, and giveaways. By utilising WebXR technology, these spaces will be cross-device compatible, accessible via desktop, mobile, and VR headsets without the need for app downloads, making it easy for users to engage with these virtual worlds.
This move aligns with the growing demand for immersive social spaces in the metaverse. Platforms like Decentraland and The Sandbox have demonstrated that virtual spaces are more than just digital environments, they are community hubs where people socialise, create, and exchange ideas. Our partners RFOX took this a step further by being the first VR first metaverse with voice activated customisations and changes live in world and have been mastering this technology for the last 2 years. Orange Web3 is set to integrate similar functionality with its distinct UGC and GameFi focus, making it accessible and seamless for users with the added benefits of URL based access, meaning low barriers to entry and a wealth of partners and creators to help us and you expediate our platform adoption. There are more surprises under lock and key that will help usher the next generation of users into the platform.
Orange Web3 recently hosted an AMA (Ask Me Anything) session with Goama, one of its key partners, on Discord. During the AMA, both the Orange Web3 and Goama teams discussed the goals and vision for the platform. They touched on the future of decentralised gaming, tokenomics, and how Orange Web3 will play a leading role in delivering value to users through UGC and GameFi. AMAs like this are vital in maintaining transparent communication with the community, helping to build trust and confidence in the project.
Orange Web3 is thrilled to introduce its new ambassadors, key members of the community who will help spread the word and contribute to the platform’s growth. One of Orange’s core values is openness, and soon all decisions will be made and controlled by the $ORNG holders. This community-driven approach ensures that the platform’s future is in the hands of those who are most invested in its success.
Many projects, such as Uniswap and Aave, have successfully implemented community governance models. These platforms allow token holders to propose and vote on protocol upgrades and initiatives, ensuring that the community plays an active role in shaping the future.
We will soon release more information on validators, governance and the pathway to mainnet in the coming weeks and months.
The foundations for Orange Web3 have been laid, and the platform is on schedule to be a force to reckon with as the next crypto bull run approaches. With the rise of web3 gaming and the metaverse, Orange Web3’s focus on UGC tools, decentralised finance, and virtual spaces positions it to capitalise on the growing demand for blockchain-based entertainment. DappRadar and other industry reports have consistently highlighted the upward trajectory of web3 gaming, with millions of users adopting these technologies.
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As the digital world moves toward more decentralised and immersive experiences, Orange Web3 is carving its niche by focusing on community, UGC, and gaming. With a robust testnet, exciting collaborations, and upcoming developments in its ecosystem, Orange Web3 is well-positioned for significant growth in the months ahead. Stay tuned, follow our socials, and be ready for what’s next in this exciting journey.