Rank #511

WebSite :
Whitepaper :
Domain Age : Registered over 28 years ago

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Velas Ratings Score

Last score update : 8 days ago

Velas Price live today

Velas (VLX) is currently trading at 0.01494964 USD and with a circulating supply of 2,458,368,964 VLX.
Its market capitalization is 36,754,186 USD.
VLX price has moved -0.45% in the last 24 hours, with 699,435 USD worth of VLX traded on various exchanges.
Velas currently ranks #511 in cryptocurrency rankings based on market capitalization.

About Velas (VLX)

"Velas AG, headquartered in Switzerland, is a new AI-operated dPoS (delegated proof of stake) blockchain project and an ecosystem on which one can build AI projects, dApps, smart contracts, etc. It is founded by the CEO of the world’s first and biggest altcoin payment processor platform from 2013 – – Alex Alexandrov. Coinpayments created a CPS coin to provide its active merchants and users of 3'000 000 000 a discount token for transactions and fees, and earn staking rewards vaulting their CPS coin. The development of Velas rooted from CPS, as the founders saw an opportunity to create an own proprietary AI enhanced Blockhain and consensus protocol, rather than using a third party solution which still has flaws. Development of Velas started 2 years ago.

Coinpayments Coin to Velas coin (VLX) was done via Coinpayments platform on the 4th of July 2019 and will mark the day of Velas independence from original token. This will also launch first Stage described in Technical Paper.

The purpose of Velas is to address and fix existing issues and challenges faced by most existing Blockchains, like centralization, 51% attack, nothing at stake problem, scalability, security, high upfront expenses, etc. It does so by using neural networks optimized by artificial intuition to enhance its consensus algorithm."