Veles profile
Veles Profile (VLS)
Score: 2.52 | Very Poor
Adventurous Nano Cap
Project Safety Score

Fri, Nov 26, 2021 7:13 AM

Score 2.52
Rating Very Poor
Market Cap $55374.526702323
24hr Volume $0.13310589
Price $0.042937384725708



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.

Full Report

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.

Veles Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • reddit
  • tradingview profile
  • exchanges

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.

Veles Exchanges
Veles Explorers
Member Ratings (VLS)


0 reviews
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Be the first to leave a review

No one is talking about Veles, be the first to start the conversation.

Do you think Veles is a scam project which will disappear in a rug pull in the next few months or do you think Veles is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.


Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • reddit
  • tradingview profile
  • exchanges
Member Signals


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Veles Github
Veles News
  • “Ricky Velez: Here’s Everything” Review: Comedy debut that still leaves a lot unrevealed - Bullet News

    Fri, Oct 29, 2021 6:56 AM

    As well as acting and co-producing on The King of Staten Island, Veles may look familiar if...

  • Mwepu, Rally, Kabaso, and Evans Kangwa on target -

    Thu, Oct 28, 2021 10:04 AM

    Zambian players abroad have continued to impress at their respective clubs around the world....

  • 'Book of Veles' published manipulated photographs of fake news factories in Macedonia - Coda Story

    Tue, Oct 26, 2021 11:33 AM

    Photographer Jonas Bendiksen set out to see just how “real” his fake images about fake news...

  • Scott Frost Day News: 600 Touchdowns, Cool Toys and the Republic of Nirivia - Corn Nation

    Mon, Oct 25, 2021 12:41 PM


  • Intelligent Security Market 2021 Research Report Analysis – Amazon, Fortinet, Inc. – Puck77 - Puck77

    Fri, Oct 22, 2021 6:13 PM