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Verlux Is Building the Biggest Cross-Chain NFT Marketplace on Cardano Blockchain, Kicks off $VLX Token Sale

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Walsall, United Kingdom–(Newsfile Corp. – November 10, 2021) –

Figure 1: Verlux is Building The Biggest Cross-Chain NFT Marketplace on Cardano Blockchain, Kicks Off $VLX Token Sale

Verlux, like other NFT marketplaces such as OpenSea and Rarible will also allow users to mint, sell and buy NFTs on its platform.

Verlux Features

However, unlike other existing NFT platforms, Verlux will be building a Cross-Chain Swap protocol which will allow users to swap their NFTs on other Blockchains to Cardano blockchain to utilize its advantages of low transaction costs, speed and security.

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Its goal is to enable users, both buyers and sellers alike to be able to trade NFTs on its platform in the most secure and cost-effective manner possible.

Verlux is creating a marketplace that will disrupt the conventional NFT system, integrating a staking platform where users can farm special edition and 100% exclusive NFTs, this novel protocol is one of the features that is making Verlux stand out amongst other NFT marketplaces as it is one of the first projects on the Cardano network to do so.

Users will have a secure environment to buy and sell NFTs as with smart contracts fully functional will be able to perform transactions seamlessly ensuring both buyer and sellers are ensured of both digital assets and funds.

On the Verlux platform when launched, it will be possible to allow interaction between potential buyers and sellers.

Verlux is creating a decentralized digital goods ecosystem which will be powered our native token, $VLX.

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The $VLX Token

The Verlux platform will be powered by its Native Utility Token $VLX which is deployed on the Cardano Network.

#VLX has a total supply of 1 Billion. With their token, users will be able to pay minting, transactions fess and also transact on the Verlux Marketplace.

How To Join $VLX Token Sale

Initial investors who wish to acquire some $VLX tokens at the seed sale can visit the $VLX token sale page.

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The Seed Sale sale allocation is 25% (250,000,000) and will be made available for sale at a rate of 1 ADA for $VLX 555 tokens.

Guide On How To Join The Seed Sale for early birds.

Benefits of Holding $VLX tokens

$VLX holders will be able to make governance decisions on Verlux with the ability to propose, vote and decide on features, proposed improvements and how the Verlux Ecosystem should work.

Featured Listing And Advertisement Slots Will be Paid In $VLX Tokens.

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Verlux Future Plans

Verlux aims to be the main global NFT marketplace powering the NFT ecosystem as we are on a mission to bring the required innovations and solutions necessary to solve the limitations of the present day NFT ecosystem and improve its scalability as we believe we are still in the early stages of NFT development and its potentials are limitless.

Verlux will be providing a range of services which will make it stand out in the crypto space and make it the go-to marketplace of the global NFT enthusiasts such as Cross-Chain Swap, NFT Farming etc.

Our Project is gaining traction as our social media handles have been getting really filled up by the day, potential investors reaching out to us which shows the great support and trust we are receiving from the crypto and NFT community.

With constant innovation being our foundation, Verlux will consistently strive to deliver its powerful suite of services and more.

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Social Media Handles:

Twitter: https://twitter.com/VerluxNFT

Telegram: http://t.me/verluxNFT

Medium: https://verluxnft.medium.com

Instagram: https://instagram.com/verluxnft

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Gitbook: https://verlux.gitbook.io

Media Details

Company Name: Verlux

Contact Name: Mathias Grunther

Email: [email protected]

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Website: https://verlux.io

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102894

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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blocks-&-headlines:-today-in-blockchain-(blackrock,-plume,-sealsq,-hedera,-deutsche-bank,-kucoin)

 

Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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