Velo (VELO) is a blockchain-based financial platform facilitating secure and efficient value transfers through its federated credit exchange network. More
| Fully Diluted Valuation | $394.34M |
|---|---|
| 24H Trading Volume | $50.52M |
| 24H Low / High | $0.01 / $ 0.02 |
| Circulating Supply | 17.56B |
| Total Supply | 24.00B |
| Max Supply | ∞ |
| Categories | DWF Labs Portfolio 5 more |
|---|---|
| Founder | Chatchaval Jiaravanon |
| Website | velo.org |
| Socials | 3 more |
| Chains | Binance-smart-chain Ecosystem 1 more |
| Explorer | Binplorer 3 more |
| Contracts |
0xf48....6fd46
1 more
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| Name | Pair | OG Score |
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In today's digital world, Velo Labs is changing the way we handle money. Their Velo Protocol uses new technology to make transactions safer and easier. Let's explore how it works and why it matters.
1. How Velo Works: Making Transactions Safer
Velo Protocol is like a safety net for money transfers. It uses smart contracts and a special system called Stellar Consensus Protocol to keep transactions secure. With Velo, businesses can create digital credits backed by real money, making it simple to move funds across borders.
2. Velo's Goal: Making Money Moves Simple
Velo's main aim is to help businesses and people send money safely and easily. By using digital credits tied to regular money, Velo makes international transactions as easy as sending an email.
3. Velo's Tools: Making Finance Accessible
Velo offers handy tools like the Orbit app for easy person-to-person payments and Warp, which helps move money between different types of digital money. Their token, VELO, makes transactions smooth and stable within the Velo system.
4. Keeping Things Safe: Velo's Security Measures
Velo takes security seriously. They team up with trusted companies to keep their system safe from hackers. Plus, the Stellar Consensus Protocol adds an extra layer of protection to every transaction.
Conclusion:
In short, Velo is changing the way we handle money by making transactions safer and simpler. With its focus on security and ease of use, Velo is paving the way for a future where sending money across borders is as easy as sending a text message.
Velo stands out for its innovative Velo Protocol, enabling secure digital credit issuance and borderless asset transfers. Its federated credit exchange network ensures safe, transparent, and efficient value transfer across diverse networks.
Velo Labs is led by a team of visionary founders with expertise in blockchain technology and finance, including CEO Tridbodi Arunanondchai and COO Chatchaval Jiaravanon.
Velo has garnered support from prominent backers and investors, including CP Group, Kasikorn Bank, SCB 10X, and Bualuang Ventures, recognizing its potential to revolutionize global financial transactions.
You can buy Velo (VELO) on Bybit, Gate.io, MEXC, BitgetOKX cryptocurrency exchanges.
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