What is VLX


VLX (Velas)

The world’s fastest EVM chain​

I. Project Introduction

Velas Network AG was founded in 2019 by two crypto entrepreneurs, Alex Alexandrov and Farkhad Shagulyamov. Nowadays, Velas is headquartered in “Crypto Valley” (Zug), Switzerland. The Velas team started by developing the code from scratch and eventually came to the conclusion that such a project could last for many years. We believe that today it is much more efficient to take existing frameworks and enhance them. For this reason, we've chosen Solana, the fastest blockchain in existence today, as a base for Velas, and extended its capabilities by integrating Ethereum Virtual Machine. This way we inherited the best from both: high TPS, 1-second finality, and EVM/Solidity support.

​II. Token Information

1) Basic Information

Token name: VLX (Velas)

Total supply: 2,300,000,000

Tokens in Circulation: 2,300,000,000

TGE Date: 4th July 2019

Price for early investors: 200m coins were sold at an average price of 0.05 USD total 10m 

All coins are in circulation.

III. Related Links

Official Website:

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Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.​

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