DescriptionWhat is the project about? Veloce is launching the VEXT token to power the world's largest media racing company, Veloce. The token will be used for Veloce's in-game activities and underpin an ecosystem for Veloce's gaming community. What makes your project unique? Veloce currently has 8M Web2 gamers who will be onboarded into the Web3 ecosystem through this launch, making it one of the largest projects to onboard millions of users to Web3. Veloce also represents a dominant F1 media company, so this will represent a significant onboarding of F1 fans into Web3. History of your project. In summer of 2022, Veloce started the process of building the VEXT token and the future Vextverse ecosystem that it will support. Token launch is anticipated at the beginning of September, 2023. What’s next for your project? We have a number of centralized and decentralized exchanges lined up for launch, anticipate cross-chain deployment, and will be deploying a custodial wallet in Q4 2023 to onboard non-web3-native gamers from Web2 to Web3. Q4 2023 will also integrate VEXT into more of Veloce's games. We plan to attend Korea Blockchain Week and Token 2049 Singapore to announce and discuss this token and its utility with the industry. What can your token be used for? Web3 gameplay of Veloce's games, DeFi yield via staking "race clubs."