VELAS (vlx) in the Spot-Light: Breaks All-Time High, Available on Travala ecosystem amidst Launch of BitOrbit
In the past few weeks, Velas has brought up partnerships to confirm that it is an “Ecosystem of the decentralized product allowing anyone and everyone to feel the benefits of Blockchain technology”. Mos recent announcements on Velas Flashlight #006 read more here: https://medium.com/velasblockchain/velas-flashlight-006-vlx-new-all-time-high-at-brink-of-bitorbit-launch-and-velas-blockchain-f1d70b3cc59
The Velas VLX token which has been trading around $0.04 — $0.05 for quite some time now on the March 15th, 2021 broke its previous all-time high of $0.09 to close just below $0.12 which is roughly a 300% increase with an associated 150% increase in 3 days from $0.05 to as high as $0.128 between 12th and 15th March. This is very healthy growth for a crypto project as Velas looking at the products the project is offering.
Our latest milestones include progress been made on the BitOrbit launch and the upgrade of the Velas 3.0 as well as the launch of the Artificial Intelligence DPoS consensus all by the end of this month. BitOrbit is a decentralized social media that will work with telegram’s API integrating a functional wallet and many other things to make the functionality of the social media better. You can read more here https://medium.com/velasblockchain/velas-products-bitorbit-decentralized-social-network-db45cdde0f24
Also, the Velas blockchain announces the launch of the native token VLX on Traval.com giving VLX holders leverage to use their tokens to pay for services on the platform. Travala is a leading blockchain travel platform that rivals many others. Travala accepts the use of cryptocurrencies such as bitcoin to pay for ticket bookings, hotel accommodation, and many other services provided by the platform. This is in a bid to enhance the widespread adoption and use of the VLX. Since the launch of Velas in 2019, it has been widely billed as a potential major competitor to Bitcoin and Ethereum with respect to the outstanding artificial intelligence-based blockchain architecture to solve scalability issues.
This partnership sees VLX as a mode of payment on Travala, giving the token holders ability to book over 2.2 million hotels and accommodations worldwide, pay for flights and other activities. As at the time of this announcement, VLX token holders get a 40% discount as opposed to traditional travel agents. As also said by Velas CEO Alex Alexandrov “Velas is changing the way we interact with and understand crypto, and this partnership is a step along the way towards our ultimate goal of a world where the velas ecosystem is a normal part of everyday life”. While you can still stake your VLX tokens and earn rewards, either as a masternode by providing 1 million tokens or by delegating them to pools like CoinPayments.
Talking more on the partnership, Juan Otero, CEO of Travala.com added “We’re excited to be partnering with Velas, who are pushing the boundaries of innovation with their approach to blockchain tech”.
Velas is cutting edges in blockchain technology and we are optimistic that the launch of Velas 3.0, as well as BitOrbit, will bring a whole new narrative to the world of blockchain, decentralized finance, and Web 3.
