What is VELAS(VLX)?

Basic information about VLX

Coin name:

Velas

Coin symbol:

Coin introduction:

"Velas AG, headquartered in Switzerland, is a new AI-operated dPoS (delegated proof of stake) blockchain project and an ecosystem on which one can build AI projects, dApps, smart contracts, etc. It is founded by the CEO of the world’s first and biggest altcoin payment processor platform from 2013 – Coinpayments.net – Alex Alexandrov. Coinpayments created a CPS coin to provide its active merchants and users of 3'000 000 000 a discount token for transactions and fees, and earn staking rewards vaulting their CPS coin. The development of Velas rooted from CPS, as the founders saw an opportunity to create an own proprietary AI enhanced Blockhain and consensus protocol, rather than using a third party solution which still has flaws. Development of Velas started 2 years ago. Coinpayments Coin to Velas coin (VLX) was done via Coinpayments platform on the 4th of July 2019 and will mark the day of Velas independence from original token. This will also launch first Stage described in Technical Paper. The purpose of Velas is to address and fix existing issues and challenges faced by most existing Blockchains, like centralization, 51% attack, nothing at stake problem, scalability, security, high upfront expenses, etc. It does so by using neural networks optimized by artificial intuition to enhance its consensus algorithm."

Current Price:

$0.000669More coin details

All-time high:

$0.57

All-time low:

$0.000000

VLX Supply Info and Tokenomics

Circulating supply:

2,818,277,206

Total supply:

2,818,277,206

Max supply:

Market cap:

$1.88M

Fully diluted valuation:

$1.88M

What is the outlook and future value of VLX?

The current market cap of VLX is $1.88M, ranked 2950 in the market, showing that the market already recognizes the value of VLX. When a bull market arrives, the market cap of VLX may continue to grow.

Moreover, if VLX can play a greater role in real-world applications—such as if the Monero developers can fully empower VLX and establish partnerships with more business partners to expand its user base—then the long-term value of VLX will be further enhanced.

What is the price of VLX in 2027?

According to the historical price performance prediction model of VLX, the price of VLX is expected to reach $0.000702 at 2027.

Note: As with any crypto investment, investors should closely monitor VLX’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get VLX?

Purchasing VLX with cash is not the only way to obtain VLX. If you have enough time, you can get VLX for free.

Learn how to get Hot rewards for free with VLX.

Earn free VLX by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get VLX airdrops for free.

All crypto airdrops and rewards can be exchanged for VLX through LBank spot trading.

Buy VLX starting from $1

What is VLX used for and how to use it?

The use cases for VLX may grow with the development of the crypto market and project progress. Currently, you can use VLX to:

Arbitrage trading of VLX

VLX is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many VLX trading pairs to suit your needs.

Earn yield with VLX

You can also lend out VLX or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your VLX gains.

Send or pay with VLX

If you want to pay someone with VLX, you can easily and quickly send VLX to them using their receiving address.

You can also visit the official website of Velas to learn more use cases of VLX, such as whether the Velas project supports community/eco apps or buying physical or virtual goods with VLX.