London, United Kingdom, August 31st, 2023, Chainwire: Veloce, the world’s largest digital racing media network, will launch its governance and utility token, VEXT, exclusively on ByBit, one of the global top leading exchanges.
Veloce, positioned to drive Web3 adoption, has attracted over 35 million subscribers and nearly one billion monthly views with a focus on gaming, purpose-driven motorsport, and now Web3. The token, VEXT, will empower holders to become part of the Veloce ecosystem, granting them influence, integration and rewards over decentralised assets within the Veloce Media Group, such as its multiple gaming and real world teams, creators, leagues, games, stores and content channels.
The utility of VEXT can be split into 5 main pillars: governance, play, redeem, access, and integrate. Governance – VEXT provides members with voting and governance rights within the Veloce Group ecosystem. Play – Members will transact across VEXT integrated mobile games, web games and live interactive sports features, with prizes to be won. Redeem – Members with VEXT will receive and unlock exclusive perks surrounding products and content within the Veloce Group. Access – VEXT gives members the chance to attend private events, sporting events and personal experiences. Integrate – VEXT will be an open-source tool for third-party developers, allowing them to incorporate VEXT into their games, services and other projects.
The exclusive listing with ByBit secures VEXT on one of the most established global exchanges, which facilitates fast, cost-effective, and secure transactions globally, with more than $15.5B in average daily trading volume.
To introduce VEXT to the global leaders within the industry, Rupert Svendsen-Cook, Chief Executive Officer at Veloce Media Group, will be on stage at Korea Blockchain Week alongside Mike Blank, COO of partner protocol Polygon Labs (September 4th). VEXT will be launching on September 4th 2023 (time to be announced).
Rupert Svendsen-Cook, Chief Executive Officer at Veloce Media Group, said: “Our listing partnership with ByBit, rooted in their successful collaborations in Formula 1, perfectly aligns with our vision to integrate and elevate our established community through VEXT. We’re not simply following trends, but instead, authentically breaking new ground to evolve Veloce to connect our passionate and engaged community with a level of utility and governance within our ecosystem that we know will enhance the user experience.”
For more information, visit Veloce Media Group’s website, Telegram Group, Telegram Channel, Twitter, Discord, Instagram, YouTube, CoinGecko, and ByBit.
About Veloce Media Group: 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. Headquartered in London, the Veloce brand comprises the industry-leading gaming and racing platform, Veloce Esports, and race-winning outfit, Veloce Racing, currently competing in the renowned Extreme E championship. Veloce is partnered with a number of high-profile teams from across the globe, running multiple gaming and esports team operations, including Mercedes AMG, Ferrari, McLaren, and Yas Heat. To learn more, please visit: https://www.velocemediagroup.com/
Contact Chief Executive Officer, Rupert Svendsen-Cook, Veloce Media Group, [email protected]
