Singapore, 27th Jan 2024 – Velociti, a pioneering technology company in the field of decentralized finance (DeFi), officially launched its comprehensive and breakthrough DeFi ecosystem on January 26th, 2024. This ecosystem includes a diverse array of DeFi products and services, uses the VBL token as the native utility token, and connects with partners across various industries. Velociti aims to become the world’s leading DeFi ecosystem, with the vision to create a decentralized, transparent and secure financial transformation platform for everyone.
Velociti was founded by a group of anonymous, decentralized developers from countries like Singapore, South Korea, Thailand, Brazil and Vietnam. They share a passion for blockchain technology and DeFi, and want to create a comprehensive and breakthrough DeFi ecosystem. They worked at large corporations but decided to leave to pursue their dream. They have achieved initial milestones like creatively structuring infrastructure and releasing the Velociti system testnet with a promising model to facilitate decentralized digital finance transformations for anyone. They also published their white paper, clearly describing Velociti’s ecosystem, technology and vision.
Velociti’s DeFi ecosystem includes the following products and services:
Decentralized Exchange (DEX): Allows users to trade tokens without intermediaries, with low fees and high security.
Crypto Lending/Savings: Allows users to lend or save tokens to earn attractive interest rates, without paperwork or identity verification.
Launchpad & IDO: Allows users to participate in promising new DeFi projects by buying their tokens at discounted prices before official exchange listing.
Liquidity Farming (AMM): Allows users to provide token pairs to generate liquidity for the exchange, earning rewards in VBL tokens or partner project tokens.
Fiat On-Ramp: Allows users to buy/sell tokens with cash, credit cards or bank transfers through reputable payment partners.
Community Social Network: Allows users to interact, share, learn and collaborate with each other in Velociti’s DeFi community through forums, blogs, podcasts, videos, webinars, etc.
NFT Marketplace: Allows users to buy, sell, trade, create and enjoy art, music, games, etc. in the form of NFTs (non-fungible tokens) – unique and non-interchangeable tokens.
Play-to-Earn Games: Allows users to play blockchain-based games and earn tokens or NFTs as rewards.
Decentralized E-Commerce: Allows users to buy, sell, trade, auction products and services on the blockchain without intermediaries or high transaction fees.
Decentralized Health/Insurance Dapps: Enables users to access decentralized applications for health, medical or insurance management.
Velociti is a comprehensive and breakthrough DeFi ecosystem, built on blockchain technology and smart contracts. It provides users with diverse DeFi products and services, uses the VBL token as the native utility token, and connects with partners across industries. Velociti aims to become the world’s leading DeFi ecosystem, with the vision to create a decentralized financial transformation hub, transparent and secure financial platform for everyone.
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