Verlux.io, a NFT Marketplace built on the Cardano blockchain, has begun its seed sale to early adopters on Cardano, which will run until the 9th of December and as at the time of writing this, more than 50% of the allotted 250 Million $VLX tokens have already been sold.
Unlike existing NFT marketplaces on Cardano, now which operate using a sign-up / login modal, Verlux will instead inline with the path of decentralization utilize the connect wallet feature which allows for privacy and anonymity.
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.
Aside from becoming the leading NFT marketplace on the Cardano blockchain, Verlux is also on a mission to evolve into a multi-chain digital marketplace where NFTs existing on other blockchains can be inter-tradable on a single interface.
Verlux says listing on it’s market place will be super easy only requiring connecting a compatible Cardano web based wallet like Nami & Gero wallet, then clicking on Mint NFT; users will see a simple form to list their NFT and they are set.
The Verlux NFT marketplace will powered by $VLX, the native utility token on the Cardano blockchain. $VLX will be utilized on the platform in multiple ways like for featured NFT listings, Stake To Earn and Also Stake To Earn Featured NFT Drops, Creator Profile verification, and Hot Sellers rewards.
The total supply of $VLX tokens is limited to 1 Billion, which means that there can never be more than one billion $VLX tokens in existence.
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 is live now at the Verlux Token Link here.
VLX Seed Sale Price: 1 ADA = 555 VLX
VLX Token Allocation: 25% (250,000,000)
To learn more about Verlux check out their social handles below…
Social Media Handles: