Ventup Concept:
Ventup, the community-based Launchpad for game-changers, is laying the groundwork for a truly inclusive global platform that prioritizes simplicity, inclusivity, and security as a core component of the Vent ecosystem. The Vent ecosystem is defined by the Vent team as an all-in-one platform that will eventually include a Swap and Marketplace platform built on top of the Ventup Launchpad.
Key Features:
Ventup is a platform that allows entrepreneurs to share their blockchain initiatives with communities that would pool their resources to fund them. The Vent team attempts to make the user journey as quick and easy as possible by enhancing every component involved, from design to customer service, wallet and API integrations, and a one-time frictionless KYC, all with simplicity at its core.
The community can explore a range of certified project listings while interacting with their authors, and they are naturally empowered to choose the ones with the most potential for growth. Before they reach the IDO level, these projects develop traction in the ecosystem and are evaluated by hundreds of users. This scalable and decentralized method of upvoting projects rewards knowledgeable investors who use the platform’s due diligence tools while also benefiting the rest of the community.
Cardano’s Role in Ventup
Cardano is a popular blockchain ecosystem with a large user base. Cardano’s introduction of smart contracts (planned for Q3 2021) will boost its appeal and create a diverse set of use cases.
Cardano’s potential will allow Ventup to enter a new age in the blockchain ecosystem:
- Fast Transactions
- Scalability and sustainability
- Built-in security
- Interoperability
- Engaged Community
- Truly Decentralized
Vent has a solution for liquidity for freshly released projects with Fixed Pools solutions for its own decentralized exchange (DEX), which offers interoperable cross-chain swaps, because it is constructing an all-encompassing platform.
The $VENT coin is at the center of this ecosystem and will be used for the following purposes:
- Ecosystem Governance
- Network Transaction Fees
- Staking
- Liquidity Mining
Vent plans to release an early version of their launchpad on the Polygon network first, followed by the $VENT Token Generation Event in Q2 2021. After the smart contracts are released and implemented on the Cardano blockchain, the team plans to establish a bridge between Polygon and Cardano, eventually completing a full migration of the platform.
According to their roadmap, the Vent platform will be fully functional by Q4 2021, with the release of Ventup 2.0 and a beta of VentSwap DEX.
About Vent Finance
According to VentFinance’s website, Ventup.io is an “IDO Launchpad empowering projects to easily raise funds in a transparent and compliant way. Ventup.io will launch on Ethereum by Q2 2021. We are working very hard and our team is looking forward to migrate to the Cardano blockchain by Q3 2021.”
Sources:
https://www.globenewswire.com/news-release/2021/06/28/2253600/0/en/Vendetta-s-strategic-investment-in-the-promising-Cardano-Platform-VENT.html
https://ventup.io/faqs/
