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VEXT is next for Veloce in Web3 evolution

by Blockchain NewsMay 5, 2023

London, United Kingdom, May 5th, 2023, Chainwire

VEXT is next for Veloce in Web3 evolution, London-based company to launch VEXT utility and governance token.

Veloce, the world’s leading digital racing media network, is diving into the world of Web3 with the launch of its new blockchain utility and governance token, VEXT.

Created in partnership with MDRxTech, experts in tech development and Web3 strategy, VEXT will allow the Veloce community to truly influence and govern key decentralised Veloce assets.

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The Veloce brand comprises of industry-leading gaming and racing platform, Veloce Esports, and race-winning outfit, Veloce Racing, currently competing in the renowned Extreme E championship.

Within this Veloce network are some of the most influential names in gaming and racing, including Mercedes AMG, Ferrari, McLaren, and Yas Heat, as well as established joint venture sub-brands, such as Lando Norris’ gaming and lifestyle brand Quadrant.

With the largest racing community in the world, attracting 35 million subscribers so far and hitting nearly one billion monthly views, the Veloce group represents a perfect fit for Web3.

VEXT will allow token holders to integrate within the Veloce ecosystem and have a tangible influence on the direction of assets within the Veloce group, including teams, talent, leagues, and content.

Token holders will also be able to transact across games and live interactive sports features, with rewards for engagement such as tokens, early access to merchandise, and real-world events for an enhanced user experience.

A VEXT integrated store, together with Veloce partners, will fully incorporate the Veloce network into a decentralised community, implementing further utility to onboard users and reward early adopters.

Details on VEXT and its platform will be released in the coming weeks, with multiple partnerships and integrations to be announced. Users who are interested in learning more about VEXT, can sign up on the website ahead of the public pre-sale which will be announced soon.

Rupert Svendsen-Cook, Co-Founder and Chief Executive Officer at Veloce, said: “This is the most exciting thing we have ever done. As a business, we have the two key ingredients for Web3: a globally engaged community and an incredible amount of utility. Our ultimate ambition is to become the first truly decentralised global sporting group.”

Tom Grogan, CEO of MDRxTech, said: “Evolving Veloce, already a pioneer and innovator within motorsports, is an incredible opportunity. They’re leveraging the best bits of Web3 – community participation and decentralisation – while providing real utility and control over an organisation millions of people already care deeply about. I’m so proud of the team who have worked so hard to engineer this product ready for launch and continue to be inspired by the Veloce team for their commitment to innovation and disruption in this incredible industry.”

About Veloce

Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the most innovative, fast-growing, and future-focused sectors in the UK.

For more information:

About MDRxTech

Launched in 2020, MDRxTech is a digital transformation consultancy that delivers “compliant by design” transformation for clients across a wide range of sectors and geographies.

MDRxTech is comprised of management consultants, software developers, blockchain engineers, data scientists and designers who work closely with The Mishcon de Reya Group’s lawyers and regulatory specialists. MDRxTech specialises in new technologies with legal complexity such as artificial intelligence, machine learning, the metaverse and Web3 technologies such as blockchain, NFTs and cryptocurrencies. MDRxTech is part of The Mishcon de Reya Group, which includes award-winning law firm Mishcon de Reya, as well as other businesses including MDR Brand Management.

To learn more, please visit: https://mdrx.tech

Contact

Head of Digital Marketing
Louis Broomfield
Veloce Media Group
hi@velocemediagroup.com
Source

Jack Grealish and Oliver Heldens Debut Musical Collaboration with Exclusive DJ Set in OKX Collective Metaverse

by Blockchain NewsMay 5, 2023

MANCHESTER, UK, May 4th, 2023, Chainwire

Future house pioneer Oliver Heldens performs alongside Manchester City player Jack Grealish in first-of-its-kind ‘Mixing in the Metaverse’ DJ set

Exclusive musical performance includes new track created by Grealish and Heldens

OKX, one of the world’s leading Web3 technology companies, today hosted an exclusive DJ set performed by Manchester City star Jack Grealish and legendary DJ Oliver Heldens in its OKX Collective metaverse.

The ‘Mixing in the Metaverse’ experience includes a 15-minute set performed by metahuman avatars of Grealish and Heldens, who has been coaching Grealish on the turntables. The concert-like experience sees Grealish and Heldens debut a new, exclusive collaboration track and takes place in a futuristic stadium built in the Everdome metaverse.

Jack Grealish said: “I love music and I’ve wanted to try my hand at DJing for a long time. What I couldn’t have expected was that my DJing debut would come in the metaverse! The OKX Collective metaverse is unique and I’m honoured to share this special collab alongside a DJing legend like Oliver with fans from all over the world.”

Haider Rafique, Global Chief Marketing Officer at OKX, said: “For our third metaverse experience with Manchester City, we step into the virtual world to watch Jack try his hand on the decks alongside a legend of the future house genre. This fan experience is a great example of the one-of-a-kind immersive experiences we are building for fans. These opportunities are special in that they bring people intimately close to the players they love and their passions.”

Fans visiting the OKX Collective metaverse will be able to revisit the metaverse training experience OKX has launched with defender Ruben Dias and the tactical masterclass given by Manchester City Captain Ilkay Gundogan. Within the metaverse, fans can also enter competitions to win prizes, including passes to team trainings, match tickets and much more.

To enter the OKX Collective metaverse, fans simply need to click this link.

OKX is the official training kit partner of Manchester City for the 2022/23 season.

About OKX

OKX is the second-largest global crypto exchange by trading volume and a leading web3 technology company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

Contact

OKX
media@okx.com
Source

Tagged : Collaboration / DJ / JACK GREALISH / Metaverse / MUSICAL / Okx / OLIVER HELDENS / Press Release

FLUUS Announces $FLUUS Token Presale On FantomStarter Launchpad

by Blockchain NewsMay 5, 2023

Island Majuro, Marshall Islands, May 4th, 2023, Chainwire

Crypto payment startup FLUUS announced it will be conducting a presale of its native token $FLUUS on the FantomStarter launchpad. The token will be available to buy at a discounted rate on the platform from May 2 – 23, with whitelisting available until May 17, before it becomes available to trade publicly on major cryptocurrency exchanges from May 24 onwards.

FLUUS is creating a fiat-to-crypto on- and off-ramp that will provide consumers with access to Web3 services including token swapping and staking. It has created a best-in-class payment solution that’s designed to eliminate friction and simplify the process of entering and exiting the crypto economy for new users.

$FLUUS is a pre-minted utility token for the FLUUS payment platform, with a maximum supply capped at 1 billion. The token is designed to fulfill several use cases, providing fee reductions for developers that integrate FLUUS into their decentralized applications, and acting as a means of collateral for on- and off-ramp partners, in order to protect users against fraud or disputes. $FLUUS will also be rewarded to retail users as yield for providing capital to $FLUUS liquidity pools or staking $FLUUS tokens. Finally, it will serve as the main governance token for the FLUUS DAO that oversees the project, giving holders voting rights.

FantomStarter is a popular launchpad that allows investors to participate early in some of the most exciting Web3 ventures and crypto projects building on the Fantom blockchain. By providing capital to projects promoted on FantomStarter, investors gain early access to their native tokens before they’re publicly listed for sale. In the case of $FLUUS, early investors will have the opportunity to earn higher rewards once FLUUS’s staking programs launch.

To date, more than 27 projects have launched successful token presales on FantomStarter, including the AI- and crypto-powered marketing startup Chirpley and the DeFi- and NFT-farming focused platform Wingswap. FLUUS is anticipating big demand for $FLUUS in the FantomStarter token presale, as it exceeded the quorum of one million votes required to be listed on the platform in just two days. Moreover, the presale follows FLUUS’s successful first presale on the AllianceBlock’s Fundrs in March, when all tokens were sold out within just three hours.

FLUUS currently offers two flagship products, including FLUUS Pay, which is a regulated and compliant crypto ramping service delivered in partnership with fintech operators and money transfer networks, and FLUUS Auth, an SDK that enables developers to integrate secure and user-friendly Web3 onboarding into their applications.

FLUUS will use the funds from the presale to advance the development of these products and expand its crypto-to-fiat on- and off-ramping platform to a global audience.

About FLUUS

FLUUS is on a mission to enhance global access to Web3 and make cryptocurrency globally accessible, particularly in emerging markets. Its crypto on- and off-ramp makes it easier for web3 users to acquire and liquidate digital assets. Developers, meanwhile, can integrate FLUUS’ payment widget into their applications, delivering crypto conversion on demand.

Contact

Dan Edelstein
pr@marketacross.com
Source

Tagged : FANTOMSTARTER / FLUUS / Presale / Press Release / Token