Velas, abbreviated VLX, is a digital currency or form of digital asset with a $ 321.74 million market cap and ranking 169th coin in the market. Velas is an AI-powered Delegated Proof-of-Stake (AIDPOS) blockchain, open-source platform, and wide-scale ...Moreecosystem of decentralized products. It was founded in 2019 by Canadian citizen Alex Alexandrov, a prominent blockchain and crypto entrepreneur, and investor and it is headquartered in Switzerland. He is also a founder of CoinPayments the world's #1 payment gateway for cryptocurrencies; advisor and investor of Mind AI. Velas is a new AI-operated dPoS (delegated proof of stake) blockchain project and an ecosystem on which one can build AI projects, dApps, smart contracts, etc. The development of Velas rooted from CPS, as the founders saw an opportunity to create an own proprietary AI-enhanced Blockchain and consensus protocol, rather than using a third-party solution that still has flaws. The development of Velas started 2 years ago. Currently, there is a dilemma in the industry - how to make blockchain both secure and scalable. Therefore, Velas is working to add an AI module as an additional layer to prevent known attacks by slowing down the blockchain when an attack on the system is in progress, and accelerating the system when there is no malicious behavior in the network.
A quick snapshot of Velas ROI (return on investment) over different time periods.
A successful project is based on a foundation of a well experienced team. Take a closer look into Velas's team.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
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Project announcements and news have a significant impact on the price. Below are live updates from Velas's Twitter and Reddit accounts.
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