VeniceSwap: One-Stop Crypto Experience Exchange and Cover

4 min readJan 19, 2022

Introduce

Welcome all readers to my article !

I am Andrew and today I would like to introduce to you all a Blockchain related project and especially that is the exchange platform. The cryptocurrency market is gradually showing its value and potential. We are seeing people begin to care more about it, especially I think the global economy is in a state of crisis. So keeping money in a market ensures it will keep your assets from evaporating. And that is why the cryptocurrency market is slowly gaining potential.

On the other hand, the increasing demand for trading leads to more exchanges. According to the statistics, the profits generated from exchanges are huge so that’s why there are so many cryptocurrency exchanges.

In the article that I bring to you here is a project that I am finding a lot of potential in the crypto space, with the aim of intercepting the needs of crypto users who like for a one-stop trading experience, offer more and more
new tools from time to time to satisfy their trading needs. And that’s the Venice Swap.

About

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.

One-Stop Crypto Experience Exchange and Cover

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.

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

Team

Conclusion

So I introduced you to the basic and specific information about tokens with VeniceSwap, overall this is one of the projects with a lot of things to wait for 2022. Personally, I always believe in platform to connect users effectively, hope the future promises will happen soon, and wish VeniceSwap will have much success in the future.