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

Veloce, the world's leading digital racing media network, will launch its Utility and Governance token, VEXT, on September 4, 2023.

VEXT will launch exclusively on ByBit, a top three global crypto exchange.

Veloce has collaborated with Polygon Labs, an international software development company building Ethereum scaling architecture, facilitating swift, cost-effective, and secure transactions across the Polygon protocols.

VEXT will launch exclusively on ByBit, a top three global crypto exchange.

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

Veloce's token, VEXT, empowers holders to become part of the Veloce ecosystem, which will substantially influence decentralized assets within the Veloce Media Group, encompassing its multiple gaming and real-world teams, creators, leagues, and content.

What is the $VEXT token by Veloce?

With the launch phase already offering multiple features and a roadmap introducing game-changing utility, Veloce will harness its resources to build a genuinely future-facing sports and media group on the Blockchain.

Veloce will harness its resources to build a genuinely future-facing sports and media group on the Blockchain.

VEXT's launch brings an evolving user experience with voting and proposal features, six gamified staking pools, and integrated games. The platform will evolve to offer product and merchandise privileges token holder event access, with interoperability across all features.

Rupert Svendsen-Cook, Chief Executive Officer at Veloce Media Group, said: “To build the first decentralised 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”.

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About Veloce Media Group

Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the UK's most innovative, fast-growing, and future-focused sectors. 

Headquartered in London, the Veloce brand comprises the industry-leading gaming and racing platform Veloce Esports and race-winning outfit 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, focusing on esports, gaming, purpose-driven motorsport, and Web3. 

Veloce is partnered with several high-profile teams from across the globe, running multiple gaming and esports team operations, including Mercedes AMG, Ferrari, McLaren, and Yas Heat. Well-established JV sub-brands, including Lando Norris' gaming and lifestyle brand Quadrant, make up another key aspect of Veloce's vast global network. 

To learn more, please visit: https://www.velocemediagroup.com/

Press Contact

Chief Executive Officer
Rupert Svendsen-Cook
Veloce Media Grouphi@velocemediagroup.com