Velas
VLX #2488Project Safety Score: 44%
Updated 2 hours, 51 minutes agoRecord
Health
Security
Behavioral
& Liquidity
Velas AG, founded by Alex Alexandrov in Switzerland, is a blockchain project that employs a delegated proof of stake (dPoS) consensus mechanism. The project aims to provide a platform for building artificial intelligence applications, decentralized applications (dApps), and smart contracts. Development began two years prior to its token launch, which occurred on July 4, 2019, when the Coinpayments Coin transitioned to Velas Coin (VLX).
The Velas platform seeks to address common challenges in existing blockchain technologies, such as centralization, security vulnerabilities, and scalability issues. It employs neural networks optimized by artificial intuition to enhance its consensus algorithm and aims to provide a more robust solution compared to traditional systems. The governance model and total supply cap specifics were not detailed in the source description.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Price Chart
Contract Security
0x8c543aed163909142695f2d2acd0d55791a9edb9On-Chain Facts
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0x241f9d5877b54531f…40.81% -
0xcd721a30cd3ab3319…10.12% -
0xecc558b8db3f95d04…7.30% -
0x8264712986cc95f5b…1.59% -
0x841f201f4dbbfb5ba…1.41% -
0xda0ed608a81518a32…1.29% -
0x051f7e434e3ec90f4…1.03% -
0xe345e2f93c28ec6ac…0.91% -
0x1ba344fa869c2fc4d…0.84% -
0x88ee3231fdb2c090a…0.81%
Velas Exchanges
Top 3 by trust scoreView on Chain
Market Stats
Recent News
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Posts from the Velas
community on Reddit