The Orbit Token (ORBIT) is a cryptocurrency belonging to the project, “First on the Moon.” The project aims at developing a cosmic metaverse to reach out to a worldwide audience, especially space enthusiasts. The term cosmic metaverse signifies a fantasy universe that includes video games, NFT marketplace, etc., where users can join, participate, trade, interact with each other in a digital environment. According to the whitepaper of the asset, the project aims to develop its own tools to support this metaverse structure:
These applications, in turn, will help the project acquire global adoption while increasing its user base from all across the world. Further, to support this ecosystem of the cosmic metaverse, the “First On The Moon” project introduced its cryptocurrency, the Orbit token ($ORBIT).
The ORBIT is a utility token for the cosmic metaverse that functions on the Binance Smart Chain. The token acts as the backbone of the ‘first on the moon’ project and serves many utilities within the ecosystem of the metaverse, which includes the following: