Velas VLX
Report IssueVelas is a blockchain platform that offers fast and convenient solutions for decentralized applications (dApps) and projects. It provides the framework for implementing various blockchain-based projects at market-defining speed. Velas also has an active community and offers resources such as documentation, a developer community, and grant programs to support the growth and development of projects on its platform.
Details
$0.002
+2.79%
#1349
Blockchain
ByBit 
Gate 
Score
Sentiment
Bearish 
Fundraising Statistics
$0 +2.79%
$0.38
VLXVelas
USDCUSD Coin
Short Review Velas
Crypto project Velas (VLX) is classified as a Blockchain. Velas is a Utility token that is hosted on the Ethereum Network. The current total supply is 2.52 B VLX (Circulating Supply + Tokens yet to be released - Burned Tokens). (0.01% of total tokens) have been allocated for the public sale.
Public sale of tokens will take place on the Gate Launchpad. Velas (VLX) price during the token sale: 0.38 USD.
VLX Price Chart
The launch of VLX token trading took place on 3 October 2019.
Fundraising Rounds
Total sold 200.13 M tokens (86.26% of total tokens). Total amount of funds raised by the Velas project is $20.05 M.
| Investment Round | Date | Price | Funds Raised |
| Public Sale (IEO on Gate.io) | 18 Nov 2021 | $0.38 | $50,000.00 |
| Private Round | August 2019 | $0.10 | $20.00 M |
Velas Investors
Velas (VLX) Cryptocurrency
Velas stands out from other cryptocurrencies due to several unique features and characteristics. Here are some key aspects that make Velas unique:
- Speed and Scalability: Velas boasts impressive transaction processing capabilities of over 50,000 transactions per second. It enables transaction completion in just 1.2 seconds, making it one of the fastest blockchain networks in the industry.
- Energy Efficient: Velas is a carbon-neutral blockchain powered by an energy-efficient Delegated Proof of Stake (DPoS) mechanism ). This means that it consumes significantly less energy compared to traditional Proof-of-Work (PoW)-based cryptocurrencies, making it more environmentally friendly.
- Smart contract capabilities: Velas uses eBPF (enhanced Berkeley Packet Filter), allowing developers to easily create and adapt smart contracts. This makes it very accessible to developers who want to build decentralized applications (dApps) and other projects in the Velas ecosystem.
- Community and development potential. Velas has a strong and passionate community of cryptocurrency and decentralized development enthusiasts. The Velas ecosystem provides a comprehensive catalog and documentation, making it easy for developers to learn and use the platform's capabilities.
Overall, Velas combines speed, scalability, power efficiency and developer-friendly features, making it unique and promising cryptocurrency on the market.
