ZURICH, August 05, 2022 (GLOBE NEWSWIRE) — VentiSwap, a new non-custodial true cross-chain exchange, has launched the beta version of its platform with the aim of providing users with lower transaction fees and a cross-chain more efficient. VentiSwap swaps joins the small community of a growing need for cross-chain platforms currently active in the industry.
By not relying on the use of intermediate tokens, bridges, HTLC, or P2P functions to initiate and complete transactions, VentiSwap has set itself apart from other cross-chain DEX platforms. The VentiSwap platform was developed to provide an intuitive and efficient method for users to trade any type of supported blockchain in a single transaction by leveraging VentiSwap’s proprietary algorithms.
The advantages of the company’s proprietary algorithms, on which VentiSwap bases its cross-chain DEX platform, are that they enable fast and efficient transactions that do not require third-party intermediaries to complete, giving users the ability to perform true cross-chain trades. . VentiSwap has been able to optimize transaction exchange rates for users, encouraging traders to take full advantage of multiple liquidity pools. VentiSwap is also the first to offer a refund feature for failed transactions.
The VentiSwap Token (VST) was originally scheduled to launch in late 2021, but after potential security issues, the VentiSwap team decided to undergo a security audit by CertiK, a blockchain security auditing company and Industry-leading DeFi, to ensure code integrity, risk mitigation, and security assurance.
CertiK found no critical, major, medium, or minor issues in its security assessment of the VentiSwap code, allowing the VentiSwap team to move forward with a Q2 2022 release. VST is currently available on 1-inch and Uniswap with CEX listings. coming soon.
In addition to the VentiSwap platform, VentiTech, the parent company of VentiSwap, is also working on several cross-chain crypto projects:
- VentiNFT: A cross-chain NFT marketplace
- VentiWallet – A Multi-Chain Wallet Platform
- VentiPresale: a cross-chain presale platform
- VentiVerse: An interactive store to display NFTs, play games and earn rewards
- VentiHeadz: A Line of ’80s-Style Utility NFTs
- VentiSwap Token: a “no reflections” and tax-free ERC20 utility token
VentiHeadz, the company’s line of ’80s-style utilitarian NFTs, has already launched in the second quarter of 2022. Only 5,000 will be minted. The benefits of owning a VentiHeadz NFT include full access to VentiHeadz’s entire line of cross-chain platforms. VentiTech, a complimentary VentiHeadz t-shirt, access to a private online chat community, and an invitation to an exclusive in-person event. The price to mint a VentiHeadz NFT is 0.1 ETH. VentiHeadz website.
The VentiSwap project started in March 2021 and the company was incorporated in Switzerland. VentiSwap development teams are located in the UK, India and Pakistan. The platform is officially affiliated with the industry-leading Binance, which provides VentiSwap’s back-end liquidity. VentiSwap does not offer money transfers or transactions (fiat). It only offers token-to-token swapping. The purchase and payment must be made on other platforms.
The beta version of the VentiSwap platform can be experienced by visiting the official VentiSwap website.
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