Velas Introduces its $250M Fund and Accelerator Program

[PRESS RELEASE – Please Read Disclaimer]

Zug, Switzerland – Velas, the world’s fastest EVM (Ethereum virtual machine) blockchain, expands its variety of services by introducing a new fund and accelerator program.

The fund will be represented by Velas’ new subsidiary company. The innovative project team will work together to analyze and estimate the value of crypto projects, startups, and original ideas.

How to Apply?

Anyone interested in participating will be able to submit an application, which will be reviewed by the fund’s panel of judges. Once the projects with the highest potential are approved, participants will get a chance to join the Velas acceleration program.

Features of the program

● Development support: If you have an exciting idea but are missing a development team, Velas will assist you in building your project.

● Mentorship: You will be able to ask our mentors for professional assistance. These experts will help you through the process.

● Acceleration: The fund can help you with any issues related to fundraising, organization of private sales, the project’s initial coin offering launch, etc.

● Marketing support: The Velas sophisticated marketing team also gives end-to-end marketing support to all the projects selected by its team.

This initiative will also help to popularize the VLX token by being utilized by the accelerator program’s projects as a payment method. The Velas blockchain can also be integrated into the projects to provide stability and speed.

“Velas has always been supporting talented and innovative crypto enthusiasts ready to start working on forward-looking projects,” said Velas CEO, Farkhad Shagulyamov.

Shagulyamov added, “I believe that our fund will open new possibilities for them as well as significantly contribute to the development of the whole Velas ecosystem and crypto industry.”

The Velas team has already started collecting the first applications through their existing grants program form with many talented developers already sharing their exciting ideas.

About Velas

Velas is a technology company based in Switzerland that is led by a diverse team. The business’s goal is to create an open-source blockchain ecosystem of services and products that incorporates multiple features of both centralized and decentralized solutions.