What Is VELOREX (VEX)? Velorex is a Europe based decentralized finance and technology company that provides hardware and software solutions to manage crypto and fiat currency. Velorex is about greater literacy and adoption of cryptocurrency through the provision of fair, safe, and well-designed tools such as ATMs, POS systems, debit cards, and smart wallets. Our innovative and revolutionary software is open-source and frictionlessly allows the exchange of crypto- and fiat currencies to anyone using the Velorex Bankless ATM. The software can also be hosted from a remote server and accessed worldwide, and interacts directly with global decentralized exchanges (DEX) such as Uniswap and Pancake Swap. By doing so, the software sidesteps the traditional “master wallet” model that is employed by banks and other financial institutions. This harmonization of decentralized exchanges with the Bankless ATM offers a uniquely distributed approach that is more responsive and adaptive to regional contexts and regulations, with each ATM owner or manager providing the liquidity along with all access controls relevant to their local circumstances.
VEX is the utility token that is used for: • Fees for processing transactions. • Running the Velorex Distributed Bankless ATM Network (VDBAN). • Offer an access to store value independent and more secure than traditional banks.
To learn more, dive into our whitepaper. https://drive.google.com/file/d/1Nl6xrjPJTdzuyUXlbNjnrdv-WfqPdByw/view and check out our website https://www.velorex.net/
What are the tokenomics of Velorex? Velorex is a fully decentralized BEP-20 token on the Binance Smart Chain (BSC). The token was launched on June 1, 2021 with 500 million VEX tokens created. The token is part of an experimental protocol and decentralized finance ecosystem. $VEX resides on supercharged block speeds and the cheapest transaction rates, is hyper-deflationary, and fitted with an auto-staking system that gainfully rewards investors.
Who Are the Founders of Velorex? Velorex is the brainchild of the Director and CEO Todd Taylor who has extensive experience in business management, e-commerce, digital marketing and blockchain technology. Together with his Team, consisting of international specialists in their field, the vision of Velorex was transformed into a real-life company and is expanding rapidly, creating new market opportunities amongst the underbanked regions of the world. From our current hub in Istanbul, we are developing and exporting our products into the whole world.
Vision It is our sole purpose to bring the ATMs & Software to all markets around the world with technology that is paired with anonymized, decentralized cryptocurrency management capabilities that favor local economies and the end user. We see us as a first-mover in the DeFi industry and we will always be searching for more and creating new and disruptive FinTech solutions and Web3 embedded systems that puts the power back into the hands of the people. We will never stop developing, we will never settle for the current usecases that we have. Why stop at ATMs and financial technology when we can basically integrate everything with an internet connection to the blockchain?
Where Can I Buy Velorex Token? Velorex is available for trading on PancakeSwap and it’s pawing its way to major exchanges. Buy on PancakeSwap https://pancakeswap.finance/swap#/swap?outputCurrency=0xc029A12e4A002c6858878FD9D3cc74E227cc2DDa Buy on Poocoin.app https://poocoin.app/swap/?outputCurrency=0xc029a12e4a002c6858878fd9d3cc74e227cc2dda