Orange Web3
Orange Web3 is a Layer 1 blockchain platform that supports user-generated content (UGC) tools. It focuses on gaming, AI integration, and the metaverse. It aims to empower creators by providing decentralized tools and fostering community-driven development within the Web3 space. [1]
Overview
Orange is a Layer 1 blockchain platform designed to provide tools for user-generated content (UGC) within Web3 environments. It focuses on gaming, AI integration, and the metaverse. It supports creators and developers by offering accessible tools and governance through token-based participation while fostering collaboration through workshops and community-driven initiatives.
Built on Avalanche's subnet architecture and Snow consensus mechanism, Orange operates as an open-source network with a dual-token system to enhance efficiency and security. The platform addresses the limitations of high-volume transactions on other blockchains, aiming to deliver faster, cost-effective solutions to support the broader adoption of Web3 and metaverse applications. [2] [3]
Features
Orange Testnet
The Orange testnet is an experimental environment to evaluate the Orange Network's infrastructure, focusing on stability, security, and scalability ahead of the mainnet launch. It enables developers and testers to validate technical features, optimize performance, identify security vulnerabilities, and integrate UGC tools under conditions replicating the mainnet without incurring real-world costs. [4] [5]
Orange Platform
The Orange Platform within the Orange Network includes a suite of products, tools, and protocols designed to enable collaborative value generation among users, developers, and stakeholders. Its Ethereum Virtual Machine (EVM) compatibility supports seamless deployment and migration of smart contracts and dApps without requiring significant changes to development workflows.
The platform comprises products and services like developer toolkits and governance protocols; standards and protocols for interoperability and transparency; tools and infrastructure such as APIs and SDKs to simplify project management; and an ecosystem support framework for governance and community engagement. This structure ensures accessibility, efficiency, and alignment with the needs of its participants. [6]
Orange Protocol
The Orange Blockchain is an open-source network using Avalanche's subnet architecture and delegated Proof-of-Stake (dPOS) to provide a scalable, EVM-compatible platform. It supports smart contracts with fast finality and low transaction costs while incorporating environmentally conscious practices.
The network uses the JUICE token as its gas currency, which includes a burnable mechanism to reduce supply periodically based on governance decisions. Validators can use the Proof-of-Stake protocol to secure the network and earn rewards. [7]
Founder Keys
The Founder Keys are 20,000 NFT-based memberships, each linked to 6,000 ORANGE tokens distributed over 12 months and collectively representing approximately 12% of the total ORANGE token supply. The sale operates in tiers and remains open until all NFTs are sold, with entry prices set closer to the sale date to account for AVAX price fluctuations. [8]
Dual Token System
The dual-token system in the Orange Network is designed to balance network security, governance, and operational efficiency while fostering ecosystem sustainability. ORANGE tokens support staking and governance participation, while JUICE tokens incentivize daily transactions and interactions, ensuring long-term investment and active platform use. [9]
ORANGE
The Orange token serves as the primary token of the Orange Network, supporting network decentralization and providing access to user-generated content tools. It grants governance rights, enabling holders to participate in platform decision-making, while validators stake ORANGE tokens to secure the network and receive rewards, reinforcing security and decentralization. The Orange token has a maximum supply of 1,000,000,000, with full distribution potentially occurring within approximately ten years from its launch. [10]
Tokenomics
ORANGE has the following allocation: [10]
Dev/Contractors/Partners: 20%
Staking/Nodes: 20%
Ecosystem: 18%
Treasury: 13%
Founders Keys: 12%
LP Providers: 10%
Redfox Labs: 7%
JUICE
The JUICE token manages transaction fees within the Orange ecosystem, optimizing operations for efficiency and affordability. It reduces gas fees, enhances transaction speed, and replaces the RFOX and VFOX tokens, functioning as the platform's dedicated gas token. The JUICE token, with a maximum supply of 3,000,000,000. [11]
Partnerships
ThirdWeb
AI Powers
Macro
RedFox Labs
ABS
MicroGPT
Goama
Bites
Ava Labs
