Orange web3 is a L1 blockchain built on the Avalanche subnet, focusing on providing UGC tools for content creators in the AI, gaming, and metaverse industries. It's powered by the governance token $ORNG, which is used for staking and DAO voting, and $JUICE, designed specifically for paying fees on the platform.
Beginning from June 17th, 2024, the company is planning to conduct several node sales, putting on sale over 12% of the total $ORNG supply.