Veloce To Launch VEXT on Polygon – Revolutionizing the Global Sports Industry

London, United Kingdom, September 1st, 2023, Chainwire

Veloce, the world’s leading digital racing media network, is set to launch its Utility and Governance token, VEXT, on September 4th, 2023.

The launch of VEXT will be exclusive to ByBit, one of the top three global crypto exchanges.

Veloce has partnered with Polygon Labs, an international software development company specializing in Ethereum scaling architecture. This collaboration will enable swift, cost-effective, and secure transactions across the Polygon protocols.

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Rupert Svendsen-Cook, CEO of Veloce Media Group, will be speaking at Korea Blockchain Week alongside Mike Blank, COO of Polygon Labs, to discuss the integration of VEXT with Polygon on September 4th.

VEXT, Veloce’s token, empowers holders to become part of the Veloce ecosystem and have a significant influence over decentralized assets within the Veloce Media Group. This includes gaming and real-world teams, creators, leagues, and content.

With an already impressive range of features during the launch phase and a roadmap introducing game-changing utility, Veloce aims to build a future-facing sports and media group on the Blockchain.

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The launch of VEXT signals an enhanced user experience with voting and proposal features, 6 gamified staking pools, integrated games, and expanded privileges for token holders. These privileges include product and merchandise access, token holder events, and interoperability across all features.

Rupert Svendsen-Cook, CEO of Veloce Media Group, said: “To build the first decentralized global sporting group and ultimately evolve our entire ecosystem into Web3, we needed the ultimate blockchain architecture – the Polygon blockchain is exactly that. Leveraging the Polygon protocols combined with our incredibly engaged community and utility will be a formidable combination for the industry.”

Aishwary Gupta, Head of Payments & Fintech at Polygon Labs, said: “We are thrilled by Veloce’s decision to harness the power of the Polygon blockchain for their visionary Web3 project. Their ambition for the future of sports and gaming is truly inspiring. As Veloce continues to be a pioneer, we eagerly anticipate the seamless integration of their well-established Web2 community into the thriving Polygon ecosystem”.

For more information:

About Veloce Media Group

Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across 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 the successful racing team, Veloce Racing, currently competing in the renowned Extreme E championship.

As the world’s largest digital racing media network, Veloce has attracted over 35 million subscribers and nearly one billion monthly views with a focus on esports, gaming, purpose-driven motorsport, and Web3.

Veloce partners with high-profile teams around the world, running multiple gaming and esports team operations, including Mercedes AMG, Ferrari, McLaren, and Yas Heat. Well-established JV sub-brands, such as Lando Norris’ gaming and lifestyle brand Quadrant, further enhance Veloce’s global network.

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Chief Executive Officer Rupert Svendsen-Cook Veloce Media Group [email protected]

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