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Cardano-based NFT Marketplace Releases The First UI Demo Of Their Platform

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Walsall, West Midlands, UK–(Newsfile Corp. – December 3, 2021) – Verlux, a Cardano based NFT Marketplace, is pleased to announce the release of its NFT Marketplace UI Demo Design. Following this announcement, Verlux has begun its seed sale to early adopters which will run until 9th of December.

Figure 1: Demand for Verlux surges as the Cardano based NFT Marketplace Releases The First UI Demo Of Their Platform

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8378/106378_435e5c81c4a0aa8d_002full.jpg

However, the widely adopted project has seen a surge in demand as over 75% of its 250 Million $VLX tokens allocated for seed sale has been sold out thus far.

Introducing Verlux

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Verlux is a decentralized NFT Marketplace built on the Cardano Blockchain where Digital creators, Meme makers & Artistes can utilize the Verlux NFT marketplace to trade their NFTs and also mint their digital works as Non-fungible tokens that would be authentic as the data could be verified on the blockchain in a quick, and easy manner.

While most NFT Marketplace’s basically allows users to mint and trade their NFTs, Verlux prides itself in its unique novel feature which is their Cross-Chain Swap protocol which allows users to swap NFTs existing on other blockchains to the Cardano blockchain to utilize the low transaction fees, security and speed of the network.

Mission of Verlux

Verlux is on a mission to become the leading NFT marketplace on the Cardano blockchain and with the aid of its Cross-Chain swap protocol, Verlux is creating a marketplace that will disrupt the conventional NFT system, where NFTs existing on other blockchains can be swapped to the Cardano blockchain while retaining the authenticity of its data and utilizing the low transaction cost of the Cardano blockchain.

Verlux aims to create a decentralized marketplace with zero entry barrier where listing of NFTs on Verlux will be super easy as users would just need to connect a compatible cardano web based wallet like Nami & Gero wallet, then click on Mint NFT and you will see a simple form to list your NFT.

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The Verlux team is creating a Marketplace with a user friendly interface that will guarantee a seamless and easy process for newbies and experienced traders alike

$VLX Token Utility

The Verlux NFT marketplace will powered by $VLX, the native utility token on the Cardano blockchain. $VLX has a total supply of 1 billion tokens and will be utilized on the platform in multiple such as featured NFT listings, Stake To Earn and Also Stake To Earn Featured NFT Drops, Creator Profile verification and serve as a governance system for Verlux Ecosystem.

VLX has a transparent tokenomics and fairly crafted token distribution to early adopters to ensure optimal initial decentralization.

To prevent market manipulation, no address will have more than 4% of the entire supply of $VLX tokens.

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When launched, $VLX token holders will be able to Stake their tokens to earn up to 8% per year in $VLX tokens.

How To Buy $VLX Token

$VLX Token Seed Sale is live now and can be acquired by visiting the $VLX token sale page.

The seed sale will finish on 9th of December.

VLX Seed Sale Price: 1 ADA = 555 VLX

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Minimum Buy: 200 ADA

Maximum Buy: 15,000 ADA

VLX Token Allocation: 25% (250,000,000)

About Verlux

Verlux Team has released its UI design which will serve as a framework for their developers to build the overall general layout of the marketplace which will make it stand out among already existing platforms on Cardano Blockchain.

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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/106378

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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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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