What is ORB

1. Project Introduction
OrbCity (ORB) is a decentralized land finance (LandFi) metaverse built on the Polygon blockchain, combining NFT gaming and DeFi into an ecosystem where players can explore different paths by collecting NFTs or engaging in farming activities. The $ORB token serves as the governance token of the OrbCity ecosystem and plays a crucial role in ecosystem activation, governance operations, and war resources.
Summary: OrbCity is a decentralized metaverse platform integrating NFT gaming and DeFi, allowing players to choose between NFT collection and farming. The $ORB governance token facilitates ecosystem activation, governance operations, and war resources, with plans for multi-chain expansion.
2. Team & Investment Info
Founder & CEO: Jake Choi, an active metaverse NFT investor and developer. Before leading Klaycity (now OrbCity), he was the co-founder of Fantom Foundation and served as an advisor to The Sandbox and Dapper Labs.
Funding: In March 2022, OrbCity (formerly KlayCity) secured a $3.75 million seed round from leading investors, including Animoca Brands, OKX Ventures, ROK Capital, HG Ventures, GBV Capital, Do Kwon, Krust, PlayDapp, Kyros Ventures, Eric Clark Su, Stable Node, A&T Capital, Naver Z, FriendsGames, and more.
3. Social Media URLs
X: https://x.com/OrbCity_AI
Telegram: https://t.me/orbcity_io
Discord: https://discord.com/invite/ksv5mxsRcx
Medium: https://medium.com/@orbcity
4. Token Info
Token Symbol: ORB
Total Supply: 1,000,000,000
Token Type: POLYGON
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x20c750c57c3bc5145af4b7a33d4fb66a8e79fe05
Token Distribution:
Mining Rewards: 44%
Team: 18% (1-year lockup, 4-year vesting)
Investors: 18.6%
Ecosystem: 7% (1-year lockup, 24-month vesting)
Marketing: 5.9% (4% unlocked at TGE, 2-year vesting)
Liquidity Incentives: 4% (4% unlocked at TGE, 2-year vesting)
Development Fund: 1.5% (25% unlocked at TGE, quarterly vesting over 1 year)
Liquidity: 1% (50% unlocked at TGE, 6-month lockup)
5. Related Links
Official Website: https://orbcity.ai/
White Paper: https://orbcity.gitbook.io/orbcity/