Demand For VLX Token Rises, Cardano Based Verlux NFT Fills Over 80% Of Its Allotted Seed Sale Tokens

Place/Date: Walsall, West Midlands, UK - December 5th, 2021 at 1:48 pm UTC · 3 min read
Contact: Mathias Grunther, Source: Verlux

Cardano based Cross-Chain NFT Marketplace Verlux, has filled up over 80% of its seed sale, which is to run till 9th December 2021. The widely adopted project aims to be a major NFT marketplace on the Cardano ecosystem, with having 250 Million $VLX tokens allocated for its Seed Sale already sold.

Demand For VLX Token Rises, Cardano Based Verlux NFT Fills Over 80% Of Its Allotted Seed Sale Tokens

About Verlux

Verlux NFT Platform is a new NFT Marketplace based on the Cardano blockchain. Unlike existing NFT marketplaces on cardano now which operate using a sign up / login modal, Verlux will tow the path of decentralization by utilizing the connect wallet feature. Digital creators, Meme makers & Artistes can utilize the Verlux NFT marketplace to mint their digital works as Non-fungible tokens that would be authentic as the data could be verified on the blockchain in a quick, and easy manner.

$VLX Token

The Verlux NFT marketplace will powered by $VLX, the native utility token on the Cardano blockchain. $VLX has a total supply of 1 billion tokens and will be utilized on the platform in multiple such as featured NFT listings, Stake To Earn and Also Stake To Earn Featured NFT Drops, Creator Profile verification and serve as a governance system for holders to vote on developments that should be implemented on the platform.

VLX Initial token distribution is crafted to ensure fair initial distribution to early adopters while also ensuring optimal initial decentralization.

To prevent market manipulation, no Address will have more than 4% of the entire supply of $VLX tokens.

When launched, $VLX token holders will be able to Stake their tokens to earn up to 8% per year in $VLX tokens.

How To Buy $VLX Token

$VLX Token Seed Sale is live now and can be acquired by visiting the $VLX token sale page.

This is the first sale before the pre-sale and subsequently the public sale that would herald the token exchange listing. VLX Seed Sale Price: 1 ADA = 555 VLX VLX Token Allocation: 25% (250,000,000).

Here’s The Link To Buy VLX Token.

The Road Ahead For Verlux

Verlux team has released its UI Design and is currently developing the user flow and the overall general layout of the marketplace which will make it stand out among already existing platforms on Cardano Blockchain.

The Verlux project plans to launch a fully operational Cross-Chain NFT marketplace on the Cardano ecosystem by Q1 2022. Funds raised from the sale of $VLX tokens from early investors will be used to establish and further develop the project.

With Verlux, you won’t have to go through the hectic hassle of signing up with an email and password to purchase your Favorite collectible on Cardano, all you need is a wallet.

For more news and latest updates please visit Verlux socials: Twitter, Telegram, Medium, Instagram, Gitbook.