ONSTON is a decentralized multi-metaverse that aims to serve as a link or a hub to integrate various metaverse projects in the crypto industry. The multi-metaverse ONSTON can provide users a virtual world to exist in the form of 3D avatars, utilize different NFT objects, play games, and participate in multiple economic activities.

Onston - the firm behind the projects development, has created the ONSTON Metaverse Platform and the ONSTON Marketplace. The ONSTON Marketplace is a virtual reality (VR) powered metaverse ecosystem that builds a 3D world by linking various VR/AR (augmented reality) devices to build a one-metaverse world.

NFT owners within the ONSTON ecosystem can enjoy unique benefits and access to the ONSTON multi-metaverse. In addition to using VR and AR technologies, ONSTON aims to provide a superior experience through facial recognition technology to enhance user experience in blockchain-based gaming, economy, culture, and communication within its metaverse.

ONSTON is the native token used by the ONSTON ecosystem and has a total supply set at 1 billion. It can be used for purchasing or renting virtual assets like LAND or other NFTs. As the native currency of the multi-metaverse, the ONSTON token can also be used to pay transaction fees and other services.

ONSTON aims to create a dispersed web of multiple metaverses interconnected with each other where users can access various content and experiences. The ONSTON creator Tool can be used to change NFTs used in other metaverses into ONSTON NFTs.

The ONSTON Metaverse community consists of various parcels of virtual real estate called LAND. The NFT LANDs can be used to offer Play-to-Earn (P2E) and many other economic activities.

ONSTON auctions certain portions of LAND at regular intervals to make them accessible to users. The digital land acquired at such auctions is registered to establish users ownership over them.

The ONSTON metaverse world also supports guilds that own LAND based on their contribution level. The LAND provided to guilds can be used to conduct various economic activities and construct Landmarks.

The profits generated by the guilds are distributed among their respective communities. They can also earn commission fees by constructing landmarks. Landmark construction requires raw materials acquired by participating in quests, visiting the mining zone, or from the ONSTON marketplace.

The first phase of the ONSTON project started in Q4 2021 with the launch of its metaverse platform. In January 2022, the team announced the ONSTON airdrop event, offering 30,000 ONSTON tokens for distribution and as staking rewards.

In the same month, ONSTONs NFTs became available on OpenSea, the worlds largest NFT marketplace. The initial NFTs offered served as tickets to access ONSTONs metaverse platform.

In February 2022, ONSTON raised $1 million in its Series A round led by the projects various VC partners. Prominent participants in this round included Inazuma Capital, NewTribe Capital, Magnet Ventures, NFVentures, and CatcherVC.

Later in the same month, ONSTON partnered with accelerator and investment fund Roark Fund to drive faster adoption of the ONSTON multi-metaverse worldwide. In October 2022, ONSTON signed an MOA with MJ Assets Investment to develop a metaverse service.

Focus areas for the project through 2022 include developing a blockchain framework, creating 3D LAND platform objects, developing metaverse concerts, VR experience space, crypto swap, XR 3D avatar technology, and launching the ONSTON SNS platform SDK.

ONSTON could be an interesting crypto asset to invest in, especially if you believe in the potential of the metaverse. As a platform that aims to offer an interconnected multi-metaverse advanced experience enhanced by ONSTON team's VR/AR, ONSTON could be a futuristic metaverse project to include in your portfolio.

The ONSTON to USD price could experience an uptrend as the project announces more alliances with games, metaverses, and NFT projects in the crypto market. News of new investment infusion into ONSTON could also boost investor confidence and support the price of ONSTON.

The ONSTON price statistics could also benefit from a bullish sentiment in the crypto market. When leading cryptos like Bitcoin and Ethereum trend higher, altcoins also experience higher buying activity, which could take the ONSTON price and market cap higher.

Although it is impossible to offer an accurate ONSTON price prediction over any duration, monitor the following fundamental factors that could drive a price change in the token:

Number of Integrations and Partnerships

As more projects and companies integrate or partner with ONSTON, we could see the on-chain activity on the platform climb higher. This could support an uptrend in the ONSTON price.

Successful Fundraising Rounds

Investors feel more confident and optimistic about its prospects when the ONSTON project receives a fresh infusion of capital by raising funds from known VCs and businesses in the crypto market. This, in turn, could drive up the value of ONSTON.

Number of Users

A higher number of users and increased activity on the ONSTON ecosystem, including participation in auctions for LAND, purchase of ONSTON NFTs, and more buying/selling on the ONSTON Marketplace, could support the ONSTON token and make it more valuable.

Market Sentiment

Market sentiment is one of the biggest drivers of price action in any digital asset, including ONSTON. When investors trade cryptos with a risk-on mood, the ONSTON value could make gains. On the other hand, a risk-off mood could drive sell-offs in the market, weakening the ONSTON price.

ONSTON, an ERC-20 token on the Ethereum blockchain, is the utility token of the ONSTON multi-metaverse and ecosystem. Here are some of its applications:

Native Currency

$ONSTON is used to purchase content, assets, and NFTs on the ONSTON platform.

Incentive Token

$ONSTON is also distributed as a reward for users who contribute to the ecosystem by uploading content, transferring data and assets, participating in events, creating items, and more.

Crypto Asset to Trade and HODL

Trade ONSTON against other crypto assets in the market to profit from volatility and market movements. You can buy or sell ONSTON against other cryptocurrencies or hold it long-term if you believe in the future potential of the ONSTON project. Check the real-time price of ONSTON, ONSTON market cap, circulating supply, 24-hour trading volume, and the latest crypto news before you trade ONSTON.

The ONSTON metaverse project enjoys support from several renowned names in the crypto industry that have partnered with it. Some partners include Polygon, Polygon Studios, Avalanche, Roark, Haechi Labs, Henesis, Move Network, CatcherVC, Iconic Sounds, and more.

In addition, ONSTONs advisors include Richard Wang, Partner at Draper Dragon, Andy Cheung, Founder at ACDX and AC Ventures, and Flora Fang, COO at Highstreet Core Team.

The total supply of ONSTON is fixed at 1 billion tokens. Of this, the circulating supply of the ONSTON crypto as of October 2022 stands at just over 97.4 million.

The token allocation of ONSTON is as follows:

> 25% was allotted to the token sale

> 15% was set aside for the projects marketing activities

> 15% was dedicated to R&D

> 10% is held as a reserve

> 10% was given to develop the ONSTON ecosystem

> 10% was distributed among the projects partners

> 8% was allocated as platform rewards

> 5% was given to ONSTONs founders

> 2% was set aside as community rewards