Apparently, Orbs is from the cohort of projects that compete with the Ethereum network for the ultimate right to rule all platforms for smart contracts and dApp development. They need to push Ethereum off the throne before the Buterin team resolves the scalability issue and launches the 2.0 version. Because after that, Orbs, and the rest of the projects that operate in this sector, would be done with. The Orbs Universe is yet to prove its ability to deliver on their promises, so we would have to wait for more concrete results.
The combination of Orbs and Ethereum is definitely the future for the development of dApps. Once Ethereum upgrades to the 2.0 version, it would become the one-and-only go-to place for the developers. Certainly, unless Orbs manages to properly adapt to this newer version and come up as an improved solution, as it is right now. From a technical standpoint, Orbs is almost impeccable. I am certain that their Gamma solution has a few bugs here and there, but with such an experienced team, which Orb has, I am convinced that they will smooth things out eventually.
The project was received excellently by the crypto community, with many claiming that it is among the first credible Layer 2 protocols. It has a well-thought-out white paper, and its contribution to ETH is believed to be exactly what the ecosystem needs. Of course, it is an ambitious project, which is why it has to go slowly. After all, it did not even hold its ICO yet, despite the fact that it was announced about a year ago.
Still, it has an excellent vision, a massive team with plenty of advisors, and there are no obvious red flags. Adding that to the fact that it could revolutionize Ethereum, and it is clear why so many people are excited about Orbs.
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|1||Ledder||Aug 01||Dec 31|
|2||Tixl||Jul 17||Sep 30|
|3||BitWings||Jun 03||Nov 30|
|4||Pbet||Jun 18||Dec 15|
|5||Cinemadrom||Feb 03||Apr 30|
|6||GRAYLL||Jun 03||Oct 27|
|7||Yachtco||Aug 04||Feb 04|
|8||Faireum||Apr 24||Sep 23|
|9||Monart||Sep 01||Oct 31|
|10||GOVEARN||Jun 23||Dec 31|