Veloce

Veloce (VEXT) is an ERC-20 utility token that operates on the Polygon blockchain. It is part of a significant project with a highly flexible platform that can serve a broad range of verticals and unique business models. This platform allows goods and services owners to develop hierarchical offerings that require a Non-Fungible Token (NFT) to unlock access to various services.

Veloce (VEXT) is used to augment NFTs as an additional payment method to raise the quality of service or unlock higher-value, premium services. These services can include line priority, enhanced data, protected content, and VIP access. The combination of the platform and the token enables owners to build communities and marketplaces to strengthen their brand and extend their reach. Additionally, the creation of the NFT, storage, DNS, and hosting costs, as well as community maintenance, communications, and transaction costs, are paid with VEXT. A one percent (1%) fee on all transactions involving VEXT is collected and used to advance the development of the technology platform and maintain the infrastructure of each community.

Veloce was co-founded by Rupert Svendsen-Cook, who currently serves as its Chief Executive Officer.