We use cookies to offer a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. By clicking accept, you consent to our privacy policy & use of cookies. (Privacy Policy)

Sports-Centric Platform Veloce Lists VEXT Token On Gate.io

Michael Abadha Blockchain market writer
    Summary:
  • Veloce has embarked on a campaign to propel VEXT higher, and the token's attractiveness is based on its incentives and power in the ecosystem.

Digital racing media platform Veloce has announced that its native token, VEXT, has begun trading on the Gate.io exchange as of 10:00 UTC today. To encourage the users of VEXT on the Gate.io platform, special benefits and awards are available for users who get in on the action.

VEXT, the fuel that drives the Veloce ecosystem

By holding VEXT, you can participate in the Veloce ecosystem and have access to more decentralised assets within the Veloce Media Group, as well as more opportunities for impact and reward. The Veloce ecosystem is filled with gaming based on real-world teams. In addition, it supports innovation for creators, supports league formats, and has game stores, as well as content channels.

Veloce’s listing of VEXT on Gate.io follows another major listing in late August on Bybit. This is a watershed moment where VEXT users may help shape the platform’s future.  If you want to be part of this ecosystem, you can head to the Gate.io website to get your hands on the VEXT token.

The Veloce Media Group is working hard to be in a prime position to boost Web3 adoption, and it is probing up VEXT as the token that drives internal transactions there.

There are many different Veloce gaming and real-world teams, developers, leagues, games, retailers, and content channels that work together to form the Veloce ecosystem. Token holders inside the Veloce Media Group (VMG) have access to a number of benefits, including voting rights in governance, playtime, integration, and rewards for decentralised assets.

With a primary concentration on gaming, goal-oriented motorsport, and now Web3, VMG has gained over 35 million subscribers and attracts approximately one billion monthly views.  In addition, Veloce has partnered with several major sports teams, such as Mercedes AMG, Ferrari, McLaren, and Yas Heat, which have joined hands with Veloce to outsource their gaming and esports operations.