Voxel X Network Değeri (VXL)

To find out even more about this project, check out our deep dive of Voxel X Network.

What Is Voxel X (VXL)?

Voxel X Network is a gaming incubator that incorporates an NFT marketplace, a DEX, a node system, and a proprietary blockchain. Moreover, projects seeking help can access crowdfunding opportunities and high-tech consulting services to improve and develop their products. With this value proposition, Voxel X tries to capitalize on the massive business opportunity that is the mobile app gaming market, with 35 percent of the world’s population already being gamers.

Voxel X has different use cases for different parties:

• To mobile app game developers, it can offer funding, node systems, and cloud solutions, its VXL token as a means of payment, and its DEX as a launchpad.
• Gamers can use its marketplace to trade collectibles and engage with new games.
• Investors can discover new projects that were screened and audited by Voxel X and generate passive income through staking and yield farming.

Who Are the Founders of Voxel X?

Voxel X is run by a team of 15 people, with Richard Naka as the Director of Project Development spearheading it. Mr. Naka has expertise in IT Infrastructure, blockchain, high-end coding, and cybersecurity and is responsible for the project’s strategic planning, its tech integration, and advanced programming.

Other key team members are Tim Tanner, the Director of Business Development, Strategy & Partnership, who handles the project management and business development side of Voxel X, and Sophie Kovalevskaya, the Creative Project Lead, who is responsible for brand and partnership development.

What Makes Voxel X Unique?

Voxel X seeks to distinguish itself from comparable launchpads through several key features.

First, the team established a Whale-free zone, preventing the entry of whales before launch by adopting limits per wallet. The team itself also has no whales and vows to act in a transparent manner when divesting holdings.

Next is Voxel’s cohesive financial governance policy to protect holders. The team worked out a plan that seeks to curtail early profit-taking by discretionary linear vesting and limits on how much can be divested up to two years after launch. Long-term investors benefit from access to beta testing of new projects, early entry on DEX launches, inclusion on the NODE presale list, and Super Rare NFT offerings on the project’s marketplace.

Moreover, the Voxel X contract will be able to bridge to Cardano, taking advantage of the minimal gas fees on the Cardano network.

Its DEX will offer an AMM that token holders will be able to provide liquidity for in return for farming rewards. In turn, the AMM enables projects launching on Voxel X to access vital DeFi infrastructure like staking, liquidity, lending and token swaps in a decentralized and non-custodial way. To be listed on the Voxel X decentralized exchange, projects will have to follow a rigorous auditing and compliance process that includes:

• Business plan to support the project’s roadmap
• Contract auditing
• Bot walls
• Latest version of Solidity coding
• Lead team divestiture policy
• Private sale to long-term investors and special sales events for the Voxel X community
• Multi-sig marketing approval
• Final contract audit

In its roadmap, the team promises various different features in 2022, such as the launch of its NFT marketplace and DEX, the start of its transition to Voxel X 2.0, and the introduction of a community-owned node network and high-speed lightweight blockchain.

Related Pages:

Check out ADAPad (ADAPAD) — a launchpad for projects on Cardano.

Check out ETHPad (ETHPAD) — an Ethereum-focused launchpad.

Learn more about Radicle in our deep dive into Voxel X.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many Voxel X (VXL) Coins Are There in Circulation?

VXL is Voxel’s utility token that can be used as a form of payment for games that launch on Voxel and for DeFi purposes like staking and token swaps. The total supply of VXL is 500 million and distributed as follows:

• Team (13%): 3 month lock, vested over two years
• Merger with DOGG (13%): locked for 3 to 12 months.
• Multi-sig marketing wallet (3.5%): The team will hold liquidity in a 4/8 multi-signature wallet for approximately 8-12 months, the time required to launch VXL DEX. After the DEX launch, the team will transfer liquidity to a dead wallet.
• Presale to the extended team (6%): locked for 3 to 12 months.
• Presale to the community (4%): locked for 3 to 12 months.
• Presale to influencers (2%): locked for 3 to 12 months.
• Presale to early investors (2%): locked for 3 to 12 months.
• Major exchange listing (18%)
• Uniswap liquidity (3%)

How Is the Voxel X Network Secured?

Voxel is built on Ethereum, which is secured by a proof-of-work consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain. VXL is an ERC-20 token, but reportedly will also be available on Cardano after the launch of a bridge between the two networks.

Where Can You Buy Voxel X (VXL)?

VXL is available on UniSwap and ShibaSwap.

If you want to learn more about how to start buying cryptocurrencies, you can read more on CoinMarketCap Alexandria.