Review VeniceSwap

Luu Macin
5 min readJan 19, 2022

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One-Stop Crypto Experience Exchange and Cover

Introduce

The crypto market is really exciting, maybe you are seeing one of the most historic periods in this market, bitcoin is growing day by day and people care about what it is and what it is like in technology blockchain. It can be seen that the past was a rather bleak year for the global economy when it was affected by epidemics, but with that the cryptocurrency market is also asserting its position, as it is attracting more. many investors. DeFi is an impressive keyword for this market, the hype about it leads to the demise of many poor quality projects, but I think in the near future we should not over do it.

Ideas, technology, team, long-term vision, ..and more investment in the cryptocurrency market, the risk ratio is really high, especially when the exchanges have problems: Hack, close Unexpectedly, the deposit and withdrawal lock. Therefore, you need to consider carefully when choosing a coin to invest in, you should choose large exchanges with large backups and good business performance such as: Binance, Huobi, Okex, Kucoin, FTX or others. Reputable DEX exchanges such as: Uniswap, Justswap, 1inch, Pancakeswap… Saying that to show that this field is having great competition but still has not met the demand in the market, and the project that I bring is also part of this field.

About VeniceSwap

Realizing that crypto users and investors want a one-stop trading experience,
provide more and more new tools from time to time to satisfy their trading
request. Provides a single fully licensed trading environment in which cryptocurrencies users and investors can focus on their trading. Since it started Venice Swap will provide them with a centralized cryptocurrency exchange and a decentralized swap app, more and more tools during that time.

Venice Swap UAB, a Fintech company based in Lithuania is developing the Venice Swap app. Venice Swap UAB Licensed by Lithuania as the operator of a cryptocurrency exchange and crypto-custodial wallet operator. Venice Swap LLC, a SVG based forex company is hosting the token VENICE COIN trade. Venice Swap is a one-stop crypto exchange and swap experience environment. It is being developed by Venice Swap. Its credit system was encrypted on a private ledger, and it is a shared resource among all products published on its platform. The ultimate goal is to pass VENICE token as its “internal fuel”, creating a public ledger Blockchain-based Venice Swap Platform.

Advantages of using:

  • VENICE COIN (VENICE):
    VENICE will be the only way to use the Venice Swap Platform. Its value will be a direct expression of the value of the entire platform.
  • Venice Swap Platform:
    Venice Swap Platform is a One-stop experience Crypto Exchange and Swap environment. Furthermore, the interactions among single applications will create in “Venice Swap Apps” a powerful common experience for end-users.
  • Third Parties Applications:
    “Venice Swap Apps” will let any developer or company interact with the platform. They’ll benefit from the same and secure RESTful API connection of “Venice Swap Apps”.

Token sale VeniceSwap

Private Sale: December 1–20, 2021

1 VENICE = 0,0018 ETH 40% discount bonus up to 9,000,000 USD

Pre-Sale: December 21, 2021 — January 4, 2022

1 VENICE = 0,0021 ETH 30% discount bonus up to 9,000,000 USD

Crowdsale: January 5, 2022 — January 31, 2022

  • 1 VENICE = 0,0024 ETH 1st week: 20% discount bonus
  • 1 VENICE = 0,0027 ETH from 2nd week: 10% discount bonus
  • 1 VENICE = 0,003 ETH Fixed ICO price from 3rd week up to 21,000,000 USD

Technical limitation of tokens: 500,000,000

Budget Allocation:
25% Product Development: Product development according to the roadmap.
30% Marketing, sales & partnerships: Expenses for attracting the retailers to the platform, making partnerships with payment providers, website builders, loyalty programs services providers and other partners.
20% Operations: Operational costs, non-tech staff salaries.
20% Integration: Worldwide integration of the platform
3% Legal: Set aside in case of any legal issues that arise
2% IT & Admin: Servers, Infrastructure and admin

Roadmap VeniceSwap

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 Members and Advisors VeniceSwap

Team Members

Advisors

Conclude

This project is really very potential, because the demand for using electronic wallets is increasing and especially the use of cryptocurrencies. I believe this product will meet user needs. The project is focusing on the above plans and I think it will have enough reasons for Injective Protolco to become one of the successful projects in the future, at this point I am also looking forward to the soon launch of the product in next time. If you need more relevant information and new updates on Injective Protolco, you can find out at the following useful link:

Website: https://veniceswap.com/
Telegram: https://t.me/venice_swap
WPP: https://ico.veniceswap.com/wp-content/uploads/2022/01/VENICE_WP_1.2.pdf
ANN: https://bitcointalk.org/index.php?topic=5379894.0
Facebook: https://www.facebook.com/veniceswap
Twitter: https://twitter.com/veniceswap
Instagram: https://www.instagram.com/veniceswap/

“A sponsored article written for a bounty reward.”

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Luu Macin

I like cryptocurrency. My love for it is the same as my love for my loved ones! ❤