OrbCity (ORB), a virtual world crypto project, has seen a notable rise when moving to the Polygon (MATIC) network.
OrbCity (ORB) is a virtual world where users can explore and control their own city using multiple tokens and NFT (non-fungible tokens).
Areas in major cities such as Zurich, Cape Town or Bangkok can be purchased from the NFT marketplace Opensea. At press time, an OrbCity neighborhood in San Francisco was last sold for 15 ETH, about $24,000.
According to OrbCity, the project is in partnership with several industry leaders, including Animoca Brands, OKX and Huobi.
OrbCity was originally built on the Klaytn (KLAY) network, a public network designed for the gaming and creator economy. In a recent development, it was moved to Polygon.
Sandeep Nailwal, co-founder of Polygon, told the OrbCity community: called out:
“OrbCity has moved to Polygon. Welcome to the family! Polygon is inevitable!”
At press time, the altcoin has gained 300% since the start of the year and 100% in the past seven days as markets reacted to the Polygon transition.
ORB has a market cap of $174 million and the altcoin is currently trading at $0.18.
You can follow the current price action here.