London, United Kingdom, August 31st, 2023, Chainwire
Veloce, the world's largest digital racing media network, will launch its governance and utility token, VEXT, exclusively on ByBit, one of the leading global crypto exchanges.
Veloce, perfectly positioned to drive Web3 adoption, has attracted over 35 million subscribers and nearly one billion monthly views focusing on gaming, purpose-driven motorsport, and now Web3.
Veloce's token, VEXT, empowers holders to become part of the Veloce ecosystem who will have further influence, integration, and rewards over decentralized assets within the Veloce Media Group - encompassing its well-established multiple gaming and real-world teams, creators, leagues, games, stores and content channels.
The utility of VEXT can be split into five main pillars
GOVERNANCE - VEXT provides members with voting and governance rights within the Veloce Group ecosystem.
PLAY - Members will transact across VEXT integrated mobile games, web games, and live interactive sports features, with prizes to be won.
REDEEM - Members with VEXT will receive and unlock exclusive perks surrounding products and content within the Veloce Group.
ACCESS - VEXT allows members to attend private events, sporting events, and personal experiences.
INTEGRATE - VEXT will be an open-source tool for third-party developers, allowing them to incorporate VEXT into their games, services, and other projects.
The pioneering concept will initially be exclusively available on the token launch platform, ByBit, alongside special promotional offers as part of the launch collaboration.
The exclusive listing with ByBit secures VEXT on one of the most established global exchanges, facilitating fast, cost-effective, and secure transactions globally with more than $15.5B in average daily trading volume.
In addition, Veloce Media Group CEO Rupert Svendsen-Cook will be on stage at Korea Blockchain Week alongside Mike Blank, COO of partner protocol Polygon Labs, to introduce VEXT to the global leaders within the industry (September 4th).
VEXT will launch on September 4th, 2023 (time to be announced).
To be best prepared for September 4th, make sure that you are signed up to ByBit and are verified using the link below: https://partner.bybit.com/b/veloce
Rupert Svendsen-Cook, Chief Executive Officer at Veloce Media Group, said: "Our listing partnership with ByBit, rooted in their successful collaborations in Formula 1, perfectly aligns with our vision to integrate and elevate our established community through VEXT. We're not simply following trends, but instead, authentically breaking new ground to evolve Veloce to connect our passionate and engaged community with a level of utility and governance within our ecosystem that we know will enhance the user experience."
For more information about VEXT, visit:
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/
Chief Executive Officer
Veloce Media Group