Walsall, West Midlands, United Kingdom, May 02, 2022 (GLOBE NEWSWIRE) — The Verlux team is pleased to announce its VLX token primary listing on Bitmart Exchange on May 03, 2022. For all BitMart users, the pair VLX/USDT trading will be officially available for trading at 6:00 a.m. EDT.

With the NFT ecosystem increasing in volume of transactions every day, Verlux is on a mission to create a sustainable platform for these transactions as well as develop a cross-chain protocol to bring the necessary possibility of interoperability between NFTs based on different blockchains in the NFT ecosystem.

What is Verlux?

Verlux is a community-driven, cross-chain decentralized NFT marketplace where users will be able to seamlessly create, buy, sell and trade their NFTs using the low gas fees and security of the Blockchain Cardano. Verlux serves as a bridge to seamless interaction between different blockchain NFTs through the development of a single neutral network. All while using the low transaction fees of the Cardano blockchain.

While most NFT Marketplaces basically allow users to mint and trade their NFTs, Verlux has moved ahead of them by developing their unique new feature which is their Cross-Chain Swap Protocol which allows users to trade existing NFTs on d other blockchains to the Cardano blockchain to utilize the low transaction fees, security and network speed.

Features of Verlux

Verlux is building an ecosystem with DeFi services that will disrupt the conventional NFT system.

Some features of the Verlux ecosystem include:

Decentralized NFT Market

The Verlux NFT Marketplace will be a decentralized platform for NFT creators and enthusiasts. Powered by Cardano Blockchain, the market will boast of its high scalability, durability, and interoperability to deliver faster transactions and high confirmation time.

Cross-Chain Exchange Protocol

Verlux will introduce a Cross-Chain Swap protocol that will allow users to link NFTs built on other Blockchains to the Cardano Blockchain. With the introduction of smart contracts in the Cardano network, Verlux will build its exchange protocol on this point. users will now be able to enjoy full NFT interoperability on our platform.

Staking and yield farming

$VLX holders will be able to wager a predefined amount of $VLX on our platform and can earn rewards in limited edition NFTs that can also be redeemed on other NFT platforms.

Agriculture NFT

The Verlux team is integrating a staking protocol into its marketplace where users can farm special editions and 100% exclusive NFTs, this new protocol is one of the features that sets Verlux apart from other NFT marketplaces as it is one of the first projects on the Cardano network to do so.

With VLX used through our platforms, VLX holders will be able to attract the below benefits into our ecosystem:

Low transaction cost

One of the main reasons Verlux chose to rely on the Cardano Blockchain is to eliminate the high cost of transactions required for both minting and selling NFTs. Verlux is aware of this limitation and bridges this gap.

Governance

$VLX token holders will be part of the decision-making process of issues that affect our ecological system. As such, only holders of our token will have the opportunity to vote on the necessary decision-making process that will affect our ecosystem.

VLX is the utility token of the Verlux ecosystem and the following VLX/USDT trading pair will be available for trading on the BitMart Exchange platform.

$VLX/USDT begins trading Tuesday, May 3 at 6:00 a.m. (EDT)

Verlux Social Links

Website: https://verlux.io

Telegram: https://t.me/verluxcommunity

Discord: https://discord.gg/rAEQYbhKJS

Twitter: https://twitter.com/VerluxNFT

Gitbook: https://verlux.gitbook.io

Medium: https://verluxnft.medium.com