Venice Swap

5 min readJan 21, 2022

One-Stop Crypto Experience Exchange and Swap.

The cryptocurrency market at the moment is very active with the Defi trend. Of course, Defi is basically the target of many Blockchain projects, I find that most of the projects developed towards Defi have attracted a lot of interest from people who know about cryptocurrencies. And I am probably also a very interested person, in today’s article I will bring you about a new Defi project, with this project you can see a lot of notable points. relative to the current cryptocurrency market.

About Venice Swap

According to the information I have, Venice Swap is a one-stop experience Crypto Exchange and Swap environment. It is being developed by Venice Swap. Its credit system is already tokenized on a private ledger, and it is a shared resource among all the products published in its platform. The final goal is to adopt the VENICE token as its “internal fuel”, creating a public ledger blockchain-based Venice Swap platform. VeniceSwap platform is being developed by Venice Swap UAB, a fintech company which has been officially licensed in Lithuania as Crypto Exchange Operator and Wallet Depository Operator. It provides easy to access, transparent and convenient exchanges, earning and investment management solutions, all without the need of any intermediatory. The platform intends to simplify the cryptocurrency exchange system while generating the lowest possible slippage.

I firmly believe that with useful features to meet the needs of users that VeniceSwap brings:

Transaction pairing module with live price fetch
Wallet Integration for Top 20 Cryptocurrencies
Integration with leading liquidity providers
Integration with leading KYC/AML provider
Possibility to list other coins
Ability to launch IEOs
Ability to Margin Trading
Trading on Derivatives (Futures and Perpetual Trading)
Referral Programs
Available on web platforms and mobile apps (Apple and Android)
Multi-language

To me an exchange will be attractive thanks to the good features and incentives it brings to users, especially the security issue when new exchanges need time to complete, but with what VeniceSwap is working on, we should believe in it.

Token

VENICE is the utility token of the VeniceSwap Platform used in all transactions related to distributed credits. VENICE will be used within the crowd holding platform, but they won’t be limited by the platform in the future. VENICE tokens can be used in the following ways on the platform:

For crowd holding Fuel for the crowdsourcing and crowdfunding processes on the platform.
For Businesses Payment for Venice Swap usage.
For Supporters
Investing tokens into companies on the platform.
Purchasing products/services on the crowd holding marketplace with tokens.
Crowd holding bonuses paid in VENICE tokens paid proportionally to all holders.

Token supply VENICE will be created prior to the Token Generation Event (“TGE”), and they will be capped, meaning we are not able to create any more in the future. No inflation is intended. The initial price is set as published on our TGE web site, https://ico.veniceswap.com.

Venice Swap ICO

Venice Swap owes its name to the extraordinary history of the Most Serene Republic of Venice as a naval and mercantile empire, which between Rialto and Piazza San Marco invented the very concept of a modern stock exchange. Just as the Serenissima did in the past, today Venice Swap intends to shape a new concept of crypto exchange where a bunch of different applications will create a powerful shared one-stop crypto experience for end users and traders. The first phase of Venice Swap project will be our Initial Coin Offering of VENICE COIN (“VENICE”), the utility token that Venice Swap Platform will use in all transactions related to distributed credits on the Platform itself.

ICO Website: https://ico.veniceswap.com/
Smart Contract on Etherscan: https://etherscan.io/token/0xf6d4fbc3b86811df25d829a14dae0269a3ee5462
Smart Contract on Polygon: https://polygonscan.com/token/0xc4b00DE48c795666c2B0Ad0ED4B9ac7E22Fd10E1
White Paper: https://ico.veniceswap.com/wp-content/uploads/2022/01/VENICE_WP_1.2.pdf

500 million VENICE tokens created. 180 million directly sold to public.

Token supply is fixed, we create immediate deflationary currency that will be as valuable as our growing community in their ecosystem.

Token Distribution

Roadmap

June 2021 The origin of Venice Swap platform idea. Development of the concept and business plan.

July 2021 Team creation

September 2021 Elaboration of Venice Swap platform legal model in various jurisdictions. Development starts.

December 2021 Preparation for ICO. Development of a smart contract for VENICE COIN release. Private sale starts. Continue the development of the platform.

January 2021 Platform testing phase starts

February 2022 Launch of Venice Swap Exchange

April 2022 Launch of Venice Swap decentralized app

Conclusion

In finance, a swap is a contract between two parties to exchange assets or cash flows for a specific period. This is especially the case when projects use blockchain technology to raise funds, such as the Ethereum network and then transfer tokens to their own blockchain after the project’s mainnet is launched. So I have introduced the most general way about this project, all necessary information is complete in the article. Knowing that Venice Swap is a great thing, the project has many interesting points and I think their products will definitely be well-received by users. In addition, the partnerships with Venice Swap are also very good, Venice Swap is running many programs to promote themselves and nothing promoting better than themselves must be an excellent and potential project and I found that Venice Swap. Hopefully in the coming time Venice Swap will publish more information related to the token, I firmly believe that many people are looking forward to this.

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