Veloce Unveils Vext on Polygon: Pioneering Decentralized Global Sporting Group

Veloce Unveils Vext on Polygon: Pioneering Decentralized Global Sporting Group


Veloce To Deploy Vext on Polygon, Evolving To Become the First Decentralized Global Sporting Group

Veloce, the world’s leading digital racing media network, is launching its utility and governance token, VEXT, on September 4, 2023. The token will be available exclusively on ByBit, a top three global crypto exchange. Veloce has partnered with Polygon Labs to integrate VEXT with the Polygon blockchain, enabling swift and secure transactions.

Key Points:
– VEXT empowers holders to become part of the Veloce ecosystem and have influence over decentralized assets within the Veloce Media Group.
– The launch phase offers multiple features, including voting and proposal features, gamified staking pools, and integrated games.
– Veloce aims to build a future-facing sports and media group on the blockchain, with plans to offer product and merchandise privileges and token holder event access.
– Rupert Svendsen-Cook, CEO of Veloce Media Group, highlights the importance of leveraging the Polygon blockchain for their Web 3.0 project.
– Aishwary Gupta, head of payments and fintech at Polygon Labs, expresses excitement about Veloce’s vision for the future of sports and gaming.

Veloce is a multi-pillared gaming and sports media group operating in the UK. With over 35 million subscribers and nearly one billion monthly views, Veloce focuses on esports, gaming, purpose-driven motorsport, and Web 3.0. The company is partnered with high-profile teams like Mercedes AMG and McLaren.

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Hot Take:
Veloce’s integration of VEXT with the Polygon blockchain is a significant step towards creating a decentralized global sporting group. By empowering token holders and offering a range of features and privileges, Veloce aims to revolutionize the sports and media industry on the blockchain. This partnership demonstrates the growing potential of blockchain technology in the world of sports and entertainment.

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