VSG Celebrates Successful CEX Listing: Paving the Way for Blockchain Innovation

Budapest, Hungary, August 28th, 2024, Chainwire

VSG, the native cryptocurrency of the Vector Smart Chain (VSC), is proud to announce its successful listing on Coinstore, one of the leading centralized exchanges (CEX) in the cryptocurrency market.

This milestone marks a significant achievement in VSG’s journey to become a major player in the blockchain space, offering a scalable, secure, and cost-effective transactional tool for enterprises and individuals alike.

Originally launched on the Ethereum blockchain, VSG is transitioning to its proprietary Layer 1 VSC blockchain, designed to overcome the limitations of existing blockchain networks. With its unique hybrid consensus mechanism, VSC offers a flat rate fee structure and interoperability with both Ethereum Virtual Machine (EVM) and Cosmos, making it a versatile and powerful solution for developers and businesses.

As the main utility token on the VSC blockchain, VSG is crucial for all on-chain activities. Holding VSG now, while the project is in its early stages, is akin to acquiring Ethereum during its testnet phase, offering substantial long-term benefits.

Coinstore Listing: A Strategic Move

The listing on Coinstore provides VSG with a broader audience and enhanced liquidity, particularly in key markets where Coinstore has a strong presence. "We are thrilled about our partnership with Coinstore," said Yan Whittaker, co-founder of Vector Smart Chain. "This listing is a great opportunity to introduce VSG and VSC to new markets, where exposure is crucial for our growth."

Exciting NFT Opportunities and Rewards

In addition to the successful listing, VSG is also making waves in the NFT space. VSG’s NFTs have gained immense popularity, offering rewarding opportunities for the community. Currently, there’s an ongoing promotion where users can purchase VSG’s green NFTs and automatically qualify for a $100 worth of VSG. Additionally, every ten NFTs sold gives buyers a 1 in 10 chance to win $1,000 worth of VSG. These NFTs are more than just digital collectibles—they represent a thriving aspect of the VSG ecosystem.

About the Founders

VSG's success is driven by its dynamic founding team, comprising two industry veterans with a shared vision of decentralized innovation:

Yan Whittaker: An entrepreneur from the UK with a strong background in business management and finance, Yan has successfully led several businesses across different industries. As a co-founder of VSC, his passion for decentralization and blockchain technology fuels his commitment to building a more inclusive and efficient financial ecosystem.

Jason Ansell: Based in Toronto, Canada, Jason is a self-taught full-stack developer and entrepreneur with over 25 years of experience in brand development and digital marketing. His journey spans from small businesses to major brands and celebrities. Now, as a co-founder of VSC, Jason is dedicated to driving the adoption of decentralized technologies and creating impactful blockchain solutions.

Community and Technological Advancements

VSG's community of over 4,000 members has been instrumental in the project’s progress, providing ongoing support and engagement. The VSG team is dedicated to ensuring that the VSC blockchain remains user-friendly, with intuitive dApps and wallet interfaces, supported by comprehensive educational materials for new investors.

The upcoming public testnet is a crucial step toward the mainnet launch, allowing developers and users to test the network's functionality, security, and scalability in a live environment. This phase is vital for refining the platform and ensuring a seamless experience upon the mainnet’s release.

VSG represents more than just a digital currency; it’s the backbone of a cutting-edge blockchain network designed to challenge and eventually surpass existing solutions like Ethereum. With its recent listing on Coinstore, now is an opportune time for investors to consider VSG as a long-term asset.

"We are the only blockchain offering a flat rate fee structure combined with interoperability with EVM and Cosmos," added Jason Ansell. "Our technology, combined with our dedicated team, makes VSG a compelling choice for those looking to invest in the future of decentralized finance."

About VSG

VSG (Vector Smart Gas) is the native cryptocurrency of the Vector Smart Chain (VSC), a scalable, secure, and cost-effective Layer 1 blockchain. Designed to meet the needs of enterprises and developers, VSG powers a wide range of decentralized applications and real-world asset solutions. With its unique features and strong community support, VSG is set to redefine the landscape of digital transactions and blockchain innovation.

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This article was originally published on Chainwire

Source: Investing.com