Blockchain
Verlux, a Cross-Chain NFT Marketplace Generates Major Buzz Reaching 30% of Seed Sale Within Hours
Walsall, United Kingdom–(Newsfile Corp. – November 19, 2021) –
Figure 1: Verlux, A Cross-Chain NFT Marketplace Generates Major Buzz Reaching 30% Of Seed Sale Within Hours
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8378/104374_img1.jpg
Verlux, like Rarible, OpenSea, and other NFT marketplaces, offers its users opportunities to mint, sell, and buy their favourite NFT through its platform.
Verlux Features
There’s a distinction between Verlux and other NFT platforms, though. Verlux intends to build a cross-chain swap protocol where users can easily swap their NFTs on existing blockchain networks to the Cardano blockchain. They can thus look forward to fast transactions, low transaction costs, security, and other benefits.
According to the Verlux team, the platform was created to allow sellers and buyers to trade NFTs on its platform without incurring huge transaction fees while enjoying the security it offers.
The marketplace is designed to disrupt the existing NFT system by integrating a staking platform for farming special and exclusive NFTs. Thanks to the novel protocol, Verlux stands out from its competitors by setting the pace with this unique offer on the Cardano network.
The team created a secure environment for NFTs transactions, allowing users to buy and sell their favorite NFTs. The transactions are powered by fully-functional smart contracts that allow seamless transactions. This assures sellers and buyers the security of their funds and digital assets.
When the Verlux platform is fully launched and operational, the team assures smooth interactions between potential sellers and buyers.
The Verlux team is creating a decentralized digital goods ecosystem, powered by Verlux’s native token, the $VLX.
$VLX Utility
$VLX is the utility token of Verlux, having a supply cap of 1 billion tokens. $VLX token will be used to power transactions in the Verlux ecosystem.
In the Verlux marketplace, $VLX will have various use cases as will be used to facilitate NFT transactions, staked to participate in NFT farming and serve as a community governance system where users can vote on platform developments that should be implemented.
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.
During the Seed Sale, the allotted 250 million $VLX tokens will be in supply at the rate of 0.0018 ADA per token with a minimum purchase of 200 ADA and maximum buy of 15,000 ADA.
Guide On How To Join The Seed Sale for early birds.
Holding the $VLX Tokens
$VLX holders are offered governance rights. They can contribute to decisions on Verlux with the power to vote, propose, and decide on important issues related to the token such as the functionality of the Verlux Ecosystem and proposed improvements on it.
$VLX tokens will be the payment coin for advertisement slots and featured listing.
Verlux Future Plans
Verlux’s primary objective is to become the world’s best NFT marketplace to power the NFT ecosystem. Its mission is to find a permanent solution to the limitations and challenges of the conventional NFT ecosystem by bringing in the required solutions and innovations. Its contributions to the ecosystem will improve its scalability as it intends to explore the limitless potentials of the NFT.
The team intends to provide a wide range of services that will place it on top of the crypto space and become a go-to NFT marketplace for NFT Farming, Cross-Chain Swap, and other global NFT enthusiasts.
The Verlux team is pleased with its progress so far as the project is gaining the needed traction on social media pages. Potential investors are also trooping in, showing the trust and great support that the team and its project have received from the NFT and crypto communities.
The team is counting on its constant innovation to deliver the best services to its community.
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/104374
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Blockchain
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.
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.
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
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:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- 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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