Veles Profile (VLS)
Project Safety Score
Fri, Nov 26, 2021 7:13 AM
Veles will provide both VPN encryption security and allow payments within the network with community based proof-of-work cryptocurrency. This payment option, unlike any fiat payment, will be private, nearly instant and with very low fees. To achieve that we will build decentralised, opensource network based on blockchain technology. Veles network will act as marketplace, where our users can both rent their unused traffic or buy VPN service. Unlike common VPN providers, we will use peer-to-peer network to provide VPN using blockchain technology so everyone of our users will participate in service equally, meaning that there is no central entity that can sell or give up your private data to central authorities.
Read more in the whitepaper:
Veles Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
Veles Safety Report
Veles has a safety score of 2.52
Veles is a nano cap coin.
Veles is suited to a adventurous investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- tradingview profile
Veles Red Flags
There are currently no Veles red flags.
Veles Development Score
The Veles project has 22 active source code repositories.
The most recent commit was Tue, May 25, 2021 12:32 PM
- 23 Watchers
- 17 Stars
- 35 Mentionable Users
- 0 Vulnerabilities
- No commits in the last 28 days
- daily repo updates
- no stars
- no watchers
- no mentionable users
- no repo stars
Veles Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- The overall sentiment is very positive
- Low number articles to calculate the sentiment
Veles Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Veles?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall Veles has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.
- no reddit articles
- low hashtag tweets
- low gitHub account watchers
Veles Awareness Score
The awareness score indicates how well Veles is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Veles is but a good measure of longevity is how well the project is known by the general public.
Overall Veles this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- very poor search result total
- very poor number of news articles mentioning Veles
- no number of headlines about Veles
- very poor number of Veles YouTube videos
Veles Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Growing project age (released Feb 24, 2020)
Veles Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- no USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
Veles Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
Some missing data points
This profile is still waiting for the following data points
- tradingview profile
Market Cap Rank:
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