Name: Velo
SKU: VELO
Price: 0.012519549088 USD

<p>Velo is a decentralized financial service platform that is powered by blockchain technology. It seeks to provide everyone with frictionless financial solutions at a low cost. Velo enables trustless and direct transfer of digital assets that are pegged 1:1 to fiat currencies. It also offers a range of other services including a trading platform and dedicated products for real estate investments.</p><p>Velo’s native currency is VELO. It is a utility token and has a maximum supply of 30,000,000,000. The VELO token is a Stellar token and uses the Stellar Consensus protocol.</p><h3>What are Velo’s key features and how does it work?</h3><p>Velo’s core product consists of a global payments system allowing businesses and individuals to instantly transfer payments. It allows licensed financial institutions to partner with Velo and create digital assets that are pegged 1:1 to any local currency. Newly created assets are backed by VELO tokens deposited as collateral.</p><p>To facilitate this, Velo uses two processes: a Digital Credit Issuance Mechanism and a Digital Reserve System.</p><p>The Digital Credit Issuance Mechanism allows Velo partners, any business that has successfully completed the Velo vetting process, to receive digital credits by depositing VELO tokens as collateral on the platform. The Digital Reserve System consists of an algorithmic rule set that manages VELO token pools with a rebalancing mechanism. It is implemented via smart contracts.</p><p>Velo Virtual Asset is another of Velo’s key products. It is geared towards and aims to decentralize real estate development investments. It tokenizes real estate with the hope of providing access to the real estate market to users who have previously not had exposure.</p><p>The third of Velo’s products is the Velo FCX. Velo FCX operates as a digital asset trading platform. It is designed to suit the needs of institutional traders and retail investors. Some of its core features include one-click trading, liquidity pool aggregation with varied APY, and access to market and transaction history and analytics. It also offers hield-yield staking on Velo Digital Assets.</p><h3>Where can you buy VELO?</h3><p>VELO is available for trading on the following CEXs and DEXs listed <a href="https://cryptorank.io/price/velo/exchanges" rel="noopener noreferrer" target="_blank">here</a>. The most popular platforms with the highest liquidity are Gate.io, MEXC Global, and KuCoin. The price of VELO will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for OVR market prices, please view the price charts on this page.</p>

Strategic Partners

Reserve

Community Development

Private Placement

Development Reserve

Exchange Liquidity

Founders

Early Backers & Advisors

<p>Velo Labs is proud to unveil an exciting partnership with a number of notable crypto projects. This pivotal collaboration serves as a testament to Velo's commitment to building an inclusive and expansive ecosystem. These partnerships are poised to catalyze innovation, streamline collaboration, and foster a synergistic environment where various projects will be brought together under the Velo umbrella.</p>

Velo

Velo is a blockchain based financial protocol enabling digital credit issuance and borderless asset transfer for businesses.

Velvet Sea Ventures

Collaborative Fund

Shrug Capital

Mark Cuban

Sound Ventures

1confirmation

Third Kind Venture Capital

SamsungNext

Marc Benioff

Naval Ravikant

Chamath Palihapitiya

The LAO

SuperRare

Nuklai

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

ApeCoin

GameOn Forge

BabyBoomToken

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

SpaceN

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Development Reserve	23.3%	18.7%	4.67%
Community Development	18.3%	14.3%	-
Strategic Partners	18.3%	14.3%	-
Reserve	16.7%	-	-
Founders	10%	8.00%	2.00%
Early Backers & Advisors	7.90%	7.90%	-
Private Placement	4.88%	4.88%	-
Exchange Liquidity	0.67%	0.67%	-

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