Voxel X Network (VXL) is a decentralized autonomous protocol, and it plans to become a one-stop hub for creators, entrepreneurs, and investors to give them the tools they need to generate money and tell their stories.
How Does Voxel X Network (VXL) Work?
The Voxel X Network (VXL) allows projects to use crowdsourcing and raise funds to acquire high-tech consulting services to help them create and enhance their products, which they can then sell straight to customers.
The ecosystem of Voxel X Network aims to serve as a comprehensive mobile app gaming incubator, with an NFT marketplace and DEX, a proprietary NODE system, all of which will be run on high-speed blockchain technology.
To authenticate transactions on the network, the automated market maker (AMM) method that Voxel X DEX will deploy will demand liquidity. To gain rewards, the holders of VXL tokens will be required to lend their tokens to liquidity pools.
Transaction fees are how liquidity providers generate money and investors can earn passive income by the interest offered by each liquidity pool based on the quantity of liquidity available and the number of transactions.
In an official interview, Tim Tanner the Director of Strategic Partnerships at Voxel X Network told CoinMarketCap:
“2022 will be a big year for Voxel X Network with the launch of its upcoming NFT SuperKluster Marketplace in Q1 2022, VoxDEX in Q2 2022, and VXL Node Network in Q4 2022, positioning Voxel X in becoming a potential GameFi & Metaverse Market Leader.”
Use Cases Of VXL Network
$VXL is a native token that can be used to pay for collectibles and trade cryptocurrency. Gamers and developers can connect using network solutions. Mobile game developers can get funding and exposure for investments.
Collectibles can be bought and sold on Voxel X marketplaces by gamers. Investors can exchange them and increase holding value, by using a secure native token. In addition to this, the network also empowers investors to indulge in staking and farming with APY and APR rates.
Voxel X Network (VXL) Tokenomics
The total token supply of VXL tokens is 500,000,000.
The DOGG Token primary wallet and liquidity obtained via presale purchases from project contributors, community, and long-term investors hold the Voxel X Token base liquidity. Over three months, team wallets will be voluntarily locked, with restricted divestment for the next two years. Once Voxel X is listed on the first major DEXes, liquidity from early investors will directly support post-launch and institutional purchases. This distribution is designed to help you get off to a strong start and maintain a steady development path.
Voxel X Network (VXL) Price
Voxel X Network (VXL) is now trading around $0.1133 as of Jan. 27, 2022. Its 24-hour trading volume on exchanges is around $326,146.87.
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