Vellos is a decentralized discount token marketplace designed specifically for post-Token Generation Event (TGE) protocols. The platform aims to democratize access to discounted tokens, traditionally reserved for large investors, by offering them directly to a broader, more diverse user base. Vellos introduces a new approach to tokenized fundraising, providing projects with a unique way to raise capital while engaging their communities.
What is Vellos?
Vellos allows projects to offer discounted treasury tokens to their community and broader user base through a decentralized platform. By breaking down large token raises into smaller, more manageable investments, Vellos empowers individual users to participate in funding rounds that were previously accessible only to high-net-worth individuals and institutional investors.
Addressing Market Challenges
Vellos addresses several key challenges in the discount token market:
- Unified Marketplace: Vellos creates a centralized platform where post-TGE projects and investors can connect.
- Enhanced Liquidity: The platform offers a dynamic NFT system, which represents discounted tokens, allowing investors to trade these NFTs on a secondary market before tokens vest.
- Automated Onboarding: The platform automates processes like wallet and token checks, reducing administrative overhead for projects.
Vellos Telegram App
To foster community engagement, Vellos has launched a Telegram app, quickly attracting over 240,000 active users. The app includes features like “Doge To Earn,” a game where users can earn points by completing tasks and inviting friends. These points can be used for in-app upgrades or rewards, contributing to Vellos' user growth and engagement.