Veloce

VEXT Price

WHAT IS VEXT?
VEXT is an ERC-20 governance and utility token that allows its holders to interact with various GameFi products within VEXTVERSE dApp (Veloce ecosystem). Holders can also transact across games and live sports features, receiving rewards like tokens, merchandise, tickets to real-world events and more. The dApp, powered by VEXT, developed in conjunction with Veloce partners, completes the brand transformation into a decentralised community and offers additional utility to onboard users and rewards early adopters.

WHAT IS VELOCE MEDIA GROUP?
Veloce Media Group is the world's leading digital racing media network. It has entered the Web3 space with the launch of its dApp (VEXTVERSE) and governance & utility token (VEXT). The dApp utilises the token which empowers the Veloce community to influence and govern key decentralised assets within the Veloce brand, which includes Veloce Esports (a top gaming and racing platform) and Veloce Racing (the Extreme E championship team). With the largest digital racing audience globally, reaching 37+ million subscribers and 650M+ monthly views, Veloce is leveraging its extensive reach and credibility to promote mass adoption within Web3. 

WHAT MAKES VEXT UNIQUE?
VEXT is built on top of an existing gaming and sports media company that has been operating for 5+ years as a business, with an established audience, Intellectual Property (IP) and real-world sporting assets.

VEXT is one of the first examples of disrupting the ownership model of traditional sporting and entertainment media groups. In today’s world sport plays a pivotal role in society. Sports contains the largest and most passionate fanbase in the world. However, as the industry has evolved, teams have become more centralised, leaving fans left on the side. We want to empower the next generation of fandom amongst gamers and motorsport enthusiasts, and VEXT allows us to do just that!

HOW MANY VEXT ARE THERE IN CIRCULATION?
The all-time total available VEXT is 300,000,000 VEXT. The initial number of VEXT in circulation is forecast to be 17.28M VEXT. In addition to the VEXT circulating as per the above, Veloce has modelled a release of additional VEXT from Treasury, both to fund continued investment in the Vextverse and programmatically released governance rewards.

HOW IS THE VEXT NETWORK SECURED?
VEXT is an ERC-20 token on both Polygon and Ethereum. Polygon is the leading scaling solution for Ethereum. Polygon provides for fast, low-cost and secure transactions on its side chains with finality achieved on the mainchain, Ethereum. The use of multiple side chains helps the network to achieve a high throughput of transactions. ERC-20 is a token standard most new tokens follow when publishing on EVM-compatible blockchains. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications. As a result, it is secured by Ethereum’s proof-of-stake (POS) consensus mechanism.

WHERE CAN YOU BUY VEXT?
VEXT token can be bought directly through our on/off ramp provider partner when creating a custodial wallet in VEXTVERSE dApp  or through various leading centralised and decentralised exchanges.

Where can you buy Veloce?

VEXT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Veloce is Quickswap (v3), where the most active trading pair VEXT/USDT0 has a trading volume of $63.42 in the last 24 hours.

What is the daily trading volume of Veloce (VEXT)?

The trading volume of Veloce (VEXT) is $62.39 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Veloce (VEXT)?

Veloce (VEXT) reached an all-time high of $0.7067 and an all-time low of $0.00002095. It’s now trading -100.00% below that peak and 6.90% above its lowest price.

What is the market cap of Veloce (VEXT)?

Market capitalization of Veloce (VEXT) is $4,880.34 and is ranked #10944 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VEXT tokens (220 Million tokens are tradable on the market today).

What is the fully diluted valuation of Veloce (VEXT)?

The fully diluted valuation (FDV) of Veloce (VEXT) is $6,719.70. This is a statistical representation of the maximum market cap, assuming the maximum number of 300 Million VEXT tokens are in circulation today. Depending on how the emission schedule of VEXT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Veloce compare against its peers?

With a price decline of -26.00% in the last 7 days, Veloce (VEXT) is underperforming the global cryptocurrency market which is up 10.70%, while underperforming when compared to similar Gaming (GameFi) cryptocurrencies which are up 15.60%.

How to add Veloce (VEXT) to MetaMask?

Adding Veloce (VEXT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import VEXT as a token. You can copy VEXT’s contract address (0x27842334c55c01ddfe81bf687425f906816c5141) and import it manually, or if you've installed MetaMask's chrome extension, add VEXT to MetaMask with one click on CoinGecko.

Add VEXT to MetaMask.