Blockchain
Verlux Is Building the Biggest Cross-Chain NFT Marketplace on Cardano Blockchain, Kicks off $VLX Token Sale
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.
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.
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.
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.
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.
Social Media Handles:
Twitter: https://twitter.com/VerluxNFT
Telegram: http://t.me/verluxNFT
Medium: https://verluxnft.medium.com
Instagram: https://instagram.com/verluxnft
Gitbook: https://verlux.gitbook.io
Media Details
Company Name: Verlux
Contact Name: Mathias Grunther
Email: [email protected]
Website: https://verlux.io
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102894
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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