Verlux is a community driven decentralized Cross-Chain NFT platform built on the Cardano Blockchain where users will be able to seamlessly mint, buy, sell and swap their NFTs utilizing the low gas fees and security of the Cardano Blockchain.

We aim to be the global marketplace where users can trade NFTs residing in various blockchains fully decentralized and with the strongest security.

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Verlux

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<a href="https://verlux.io" target="_blank" rel="nofollow">Verlux</a> team is very proud to announce its upcoming offering in the shape of Staking platform, it has been garnering a lot of momentum since its conception.&nbsp;



The widely adopted Cardano based project has been fast paced in its full project development as the Project has released a video of their NFT Marketplace which will be fully functional before the end of Q1 2022. And now moves towards the Staking Platform.



<h2 id="h-the-vlx-staking-overview">The VLX Staking Overview</h2>



The Verlux staking system will work in a way that users VLX tokens will not have to leave their wallet while it&rsquo;s staked. In order to make it work, the users cannot have less than the staked amount of VLX tokens on their wallet at any given time of the staking period.



Users will have a full access to their tokens and can decide to un-stake their tokens at any given time, this makes the Verlux staking more flexible and secure than most staking platforms.



Some staking platforms will require users to lock their assets in a smart contract while they earn rewards, which means they will not have access to their crypto/tokens until the end of the stipulated staking period.



The Verlux Staking will be one of the various ways we incentivize the Verlux (VLX) token.



<h2 id="vlx-staking-pools">VLX Staking Pools</h2>



The VLX staking will have at least 3 staking pools, each with different rewards, minimum contribution and locking periods, with maximum APY of 43%.



The VLX 2.0 staking, we will ensure high security and performance, where users will be able to automatically re-stake VLX rewards, other distinctive feature of the VLX V2.0 staking will be its NFT staking protocol.



<h2 id="public-sale">Public Sale</h2>



Users can also join the on-going Public Sale to get VLX tokens, as Verlux team is set to be listed on BitMart after it finishes the sales.



<h2 id="the-vlx-token">The VLX Token</h2>



$VLX is the utility token of the Verlux, the token will power transactions and various utility functions through the Verlux ecosystem. With a total supply of 1 Billion $VLX, token holders will be able to perform various utility functions such as Stake To Earn VLX and Also Stake To Earn Featured NFT Drops, Transaction fees on the Marketplace, Featured Listings, Creator Profile verification and ultimately will serve as a governance system for Verlux Ecosystem on further developments.



Join VLX Public Sale Here: <a href="https://sale.verlux.io/" target="_blank" rel="nofollow">https://sale.verlux.io/</a>



Minimum Buy: 200 ADA



Maximum Buy: 10,000 ADA







&#127760; <a href="https://verlux.io/" target="_blank" rel="nofollow">Website</a> | &#128330; <a href="https://twitter.com/VerluxNFT" target="_blank" rel="nofollow">Twitter</a> | &#128308; <a href="https://tinyurl.com/2p8dh24y" target="_blank" rel="nofollow">Youtube</a> | &#128276; <a href="https://t.me/verluxcommunity" target="_blank" rel="nofollow">Telegram</a> | &#9410;&#65039; <a href="https://verluxnft.medium.com/" target="_blank" rel="nofollow">Medium</a> | &#128221; <a href="https://verlux.gitbook.io/" target="_blank" rel="nofollow">Gitbook</a> | &#12349;&#65039; <a href="https://discord.gg/rAEQYbhKJS" target="_blank" rel="nofollow">Discord</a> 



Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

		


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Coinquora

Verlux, A Cardano Based Project Announces Updates On Its Up-Coming Staking Platform

<div id="main-body-container" itemprop="articleBody">Walsall, West Midlands, England, Feb. 21, 2022 (GLOBE NEWSWIRE) &mdash; The&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=tyDfQyXA2xx1LOJxCvoqRBEh1MllhInGV_gA4h_ZymcxWRokIpJJYsl1EMKFTgSX" rel="nofollow noopener" title="Verlux">Verlux</a>&nbsp;staff may be very proud to announce its upcoming providing in form of Staking platform, it has been garnering a variety of momentum since its conception.&nbsp;The broadly adopted Cardano based mostly mission has been quick paced in its full mission improvement because the Challenge has launched a video of their NFT Market which will likely be absolutely practical earlier than the tip of Q1 2022. And now strikes in direction of the Staking Platform.<img data-state="draft" height="442" name="GNW_RichHtml_IMG" src="image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20800%20442%22%3E%3C/svg%3E" data-src="https://ml.globenewswire.com/Resource/Download/c2997b30-4c1b-4d1e-a83a-78d400187a9d" title="VLX Staking.png" width="800">The VLX Staking OverviewThe Verlux staking system will work in a means that customers VLX tokens is not going to have to depart their pockets whereas it is staked. In an effort to make it work, the customers can&rsquo;t have lower than the staked quantity of VLX tokens on their pockets at any given time of the staking interval.Customers can have a full entry to their tokens and may resolve to un-stake their tokens at any given time, this makes the Verlux staking extra versatile and safe than most staking platforms.Some staking platforms would require customers to lock their property in a wise contract whereas they earn rewards, which implies they won&rsquo;t have entry to their crypto/tokens till the tip of the stipulated staking interval.The Verlux Staking will likely be one of many numerous methods we incentivize the Verlux (VLX) token.VLX Staking Swimming poolsThe VLX staking can have not less than 3 staking swimming pools, every with totally different rewards, minimal contribution and locking durations, with most APY of 43%.The VLX 2.0 staking, we&rsquo;ll guarantee excessive safety and efficiency, the place customers will have the ability to robotically re-stake VLX rewards, different distinctive function of the VLX V2.0 staking will likely be its NFT staking protocol.Public SaleCustomers also can be part of the on-going Public Sale to get VLX tokens, as Verlux staff is about to be listed on BitMart after it finishes the gross sales.The VLX Token$VLX is the utility token of the Verlux, the token will energy transactions and numerous utility capabilities by way of the Verlux ecosystem. With a complete provide of 1 Billion $VLX, token holders will have the ability to carry out numerous utility capabilities resembling Stake To Earn VLX and Additionally Stake To Earn Featured NFT Drops, Transaction charges on the Market, Featured Listings, Creator Profile verification and in the end will function a governance system for Verlux Ecosystem on additional developments.Be a part of VLX Public Sale Right here:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYF4gqxrI7gigpScImosEwjp37zN8TfLAPTo0Cg2PCjvvyg5TfFBj21O-FiOhO_NL_u-amyJQS8NweVbv4LOcAxM=" rel="nofollow noopener" title="">https://sale.verlux.io/</a>Minimal Purchase: 200 ADAMost Purchase: 10,000 ADAVerlux Social HyperlinksWeb site:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYHh43jA33tT1T8hPHe-LIDHqp-pq7m8PT0d4ArYj5YedQIydZIqTRtwx5kOdYfjBuw==" rel="nofollow noopener" title="">https://verlux.io</a>Telegram:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYDzQNBNyGLrcVscaPSH9lzyYEh9CS6clkncX3a3e1O5c7NIBH4QC4hL_rDcXTDr9OpzFki3Qh6kGc3xholBJmSI=" rel="nofollow noopener" title="">https://t.me/verluxcommunity</a>Youtube:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYGO6saUJ0qhgws_6XOYCDNXkaFMl2RfHRUzg-4vX3eVG_6EXYyAt2M4cvVMJvjwYR98NYxfd8zIqkIxiTfzKcdM=" rel="nofollow noopener" title="">https://tinyurl.com/2p8dh24y</a>Discord:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYAItftnYtPrPoPvu9j9sfAa7AR0Z5dxSgg5w_q3g63oBP4NQSstTkHZnly_8hZeUt0Z37MMFJ7nFO2m12CQAOVk9V8Z9g8oy_n1MAHNtZt-a" rel="nofollow noopener" title="">https://discord.gg/rAEQYbhKJS</a>Twitter:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYMy6WWWKizXecwu8Tk6Yi1QOiLrV0omnW9C4zVPXSWuowM1kDAT4OtiH-BUYc3q0I8DYTyJUQ6qvp3kJGHRURwhzFT7mx4IX75OXMolKE1ZR" rel="nofollow noopener" title="">https://twitter.com/VerluxNFT</a>Gitbook:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYDMg7-lm1WLeA7kIo61ZCJgmaxviARedcISchSR_pivftu6_tKEwBL-bduuzYkKUwPBzR6hh9MAkdCwMcQySSag=" rel="nofollow noopener" title="">https://verlux.gitbook.io</a>Medium:&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=LnK_v2LCt2dOPdf_KKiaYN1Zdxqlox-V1y6r0YOnrL-iopjDAmw2TO8CnEeBbaWdtpFdJZSnoCQrExwA7RApMEL1s_ueBXhHhfkaBSSpv4o=" rel="nofollow noopener" title="">https://verluxnft.medium.com</a> <img src="image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E" data-src="https://i0.wp.com/ml.globenewswire.com/media/ODc5NTFjYzctNGM4Ny00NGE4LWJjNGUtYmE2ZGZiMDI3ZWNlLTUwMDA5ODYyMg==/tiny/Verlux.png?ssl=1" referrerpolicy="no-referrer-when-downgrade" data-recalc-dims="1"></div>

Cryptobuzz

Verlux, A Cardano Based Project Announces Updates On Its

<div id="content"><div><div><div id="primary"><div><div><div>The public blockchain platform Cardano&nbsp;declares&nbsp;that it has doubled the payout for white hat hackers and bounty hunters that can identify vulnerabilities or bugs in its smart contracts blockchain. The firm has revealed that this six-week promotion, which will close on March 25, aims to keep &ldquo;its businesses and customers safe.&rdquo;Cardano started six-week promotion recently and doubled the reward for bounty hunters and hackers to find vulnerabilities in the Cardano ecosystem. $20,000 is the highest amount platform has offered to hackers for discovering critical bugs in the network, starting from February 14.Related Readings | Cardano Sees Jump in Smart Contracts and Seesaw Protocol Surges 640% in PresaleSimilarly, hackers identifying the minor bugs in the Cardano nodes will receive a low amount of $800.&nbsp;On the other side, bounty hunters discovering critical vulnerabilities in the Cardano Wallet will get a payout of $15,000 while $600 reward for those who uncover less critical vulnerabilities in the Wallet.&nbsp;In August 2021, the foundation partnered with the white hat hackers&rsquo; platform, HackerOne, a vulnerabilities management firm that uses hackers to find flaws and vulnerabilities to secure the financial ecosystems from attacks. Previously, the firm offered $10,000 to find critical vulnerabilities in its network while $7500 for identifying critical weak points in Cardano Wallet.To boost the security check of its network, the Cardano Foundation has now doubled the bounty reward for hackers to uncover vulnerabilities in its blockchain.<h2>Cardano Strengthens Its Platform</h2>While explaining the moto behind the promotion, the platform has told that it needs to work with the security community for finding vulnerabilities points to &ldquo;keep our businesses and customers safe.&rdquo; and added;From this program, we aim to strengthen the Cardano brand through this public bug bounty program, covering essential items to access and manage crypto assets that are issued on the Cardano blockchain.<figure id="attachment_172437" aria-describedby="caption-attachment-172437"><img loading="lazy" src="https://bitcoinist.com/wp-content/uploads/2022/02/ADAUSD_price-640x322.png" alt="ADAUSD_price" width="640" height="322" srcset="https://bitcoinist.com/wp-content/uploads/2022/02/ADAUSD_price-640x322.png 640w, https://bitcoinist.com/wp-content/uploads/2022/02/ADAUSD_price-980x493.png 980w, https://bitcoinist.com/wp-content/uploads/2022/02/ADAUSD_price-768x386.png 768w, https://bitcoinist.com/wp-content/uploads/2022/02/ADAUSD_price-360x180.png 360w, https://bitcoinist.com/wp-content/uploads/2022/02/ADAUSD_price-750x377.png 750w, https://bitcoinist.com/wp-content/uploads/2022/02/ADAUSD_price.png 1012w" sizes=" 640px) 100vw, 640px">Cardano ADA is trading at $0.98, going down in the red | Source: ADA/USD Chart From TradingView.com</figure>The company also clarified that &ldquo;the scope of the bug bounty program will not include any UI or general functionality bugs.&rdquo; While identifying the type of bugs and vulnerabilities considered for a reward, the foundation mentioned that these should be sensitive. For example, it includes identifying errors that can cause crashes and the attacks that may cause to lower the blockchain quality.Furthermore, the blockchain firm mentioned it wants hackers to uncover those areas that can be &ldquo;an exploitable vulnerability,&rdquo; opening a way for cybercriminals so that each finding can be arranged to discuss &ldquo;on a case-by-case basis.&rdquo;Related Readings | Verlux, A Cardano Based Project Releases Video Demo Of Their Proposed NFT MarketplaceUndoubtedly, crypto adoption is increasing fast, and so is the crypto community. Therefore, the white hat hackers will play an essential role in fighting against vulnerabilities and hacks constantly growing. To put it simpler, white hat hackers seek security loopholes or vulnerabilities that a black hat hacker/cybercriminal can use as its way to enter a project. Fortunately, white hat hackers are becoming popular in the crypto space due to everyday exploits.Featured image from Pixabay and chart from TradingView.com</div>Source: https://bitcoinist.com/cardano-doubled-the-reward-for-hackers-to-uncover/</div></div><h2>Post navigation</h2></div></div></div></div>

BitcoinEthereumNews

Cardano Doubled The Reward For Hackers To Uncover Vulnerabilities In Its Blockchain

<img src="/site/uploads/2022/Feb/07/1_YUsU_N7WIZrgHyLGqAdkBw (1).png" alt=""> It is a new year 2022, and after a successful end to our Pre-sale, the Verlux Team has been actively working to create a working NFT Marketplace.This is a Technical Update to announce the release of the remodeled Front End of the VerluxNFT Marketplace which gives an insight of what the full launch of our NFT Marketplace will look like.The Dev team has made great progress for our Marketplace which will guarantee a maximum user friendly interface and positive user experience on the full launch our NFT Marketplace.VerluxNFT Marketplace UpdateThe&nbsp;Verlux NFT Marketplace will be a decentralized platform for NFT creators and enthusiasts to come together for the sole purpose of buying, selling and Minting of NFTs.Powered by the Cardano Blockchain, the Marketplace will boast of its high scalability, sustainability, and interoperability to offer faster transactions and high confirmation time.Functionalities UnveiledUI Design: The User interface was created bearing in mind the need for the best user experience and a user friendly NFT Marketplace. It is simplified for both sellers and buyers reducing complexities to just simple button clicks.Mint Artworks: Creators will have an opportunity to mint their Artworks on our platform by simply uploading their Artwork, filling out a simple form on the content metadata and input the wallet address to receive said NFT and they are set.Wallet integration: Trading NFTs on our platform will be completely decentralized as our dev team are done working on wallet connection APIs for Cardano web based wallet like Nami to ensure a seamless connection to our marketplace. Listing or buying NFTs on our platform will be done by the Wallet Integration on our platform guided by smart contracts and not controlled by Verlux.Fixed/Auction Selling: We will be offering flexible selling structure on the platform, allowing sellers to include a fixed price for their NFTs or allowing bids from buyers based the worth of said NFTs. Sellers will have the choice to have a fixed end of Auction based on time fixed or satisfied bid amount.Smart Contract Creation and IntegrationThe Verlux Dev Team has been developing our smart contracts using Plutus, taking advantage of its unique properties.Product testing is in progress as our smart contracts are currently undergoing property-based testing on Cardano’s multiple testnets to ensure we deliver a highly guaranteed system. Once testing is done, a demo version will be released to the community for testing and suggestions before its final deployment to the mainnet to allow mass audience participation and full functionality of the Marketplace.<figure class="iy iz ja jb jc ht fg fh paragraph-image"><img alt="" class="ef es eo ex w jl jm af ws" src="https://miro.medium.com/max/60/1*YUsU_N7WIZrgHyLGqAdkBw.png?q=20" width="700" height="408" role="presentation"><img alt="" class="mk sf ef es eo ex w c" width="700" height="408" role="presentation" src="https://miro.medium.com/max/700/1*YUsU_N7WIZrgHyLGqAdkBw.png" srcset="https://miro.medium.com/max/276/1*YUsU_N7WIZrgHyLGqAdkBw.png 276w, https://miro.medium.com/max/552/1*YUsU_N7WIZrgHyLGqAdkBw.png 552w, https://miro.medium.com/max/640/1*YUsU_N7WIZrgHyLGqAdkBw.png 640w, https://miro.medium.com/max/700/1*YUsU_N7WIZrgHyLGqAdkBw.png 700w" sizes="700px">VerluxNFT Marketplace Homepage</figure><figure class="iy iz ja jb jc ht fg fh paragraph-image"><img alt="" class="ef es eo ex w jl jm af ws" src="https://miro.medium.com/max/46/1*z2Gok1SrOEk8E7DDyeLsSA.png?q=20" width="700" height="909" role="presentation"><img alt="" class="mk sf ef es eo ex w c" width="700" height="909" role="presentation" src="https://miro.medium.com/max/700/1*z2Gok1SrOEk8E7DDyeLsSA.png" srcset="https://miro.medium.com/max/276/1*z2Gok1SrOEk8E7DDyeLsSA.png 276w, https://miro.medium.com/max/552/1*z2Gok1SrOEk8E7DDyeLsSA.png 552w, https://miro.medium.com/max/640/1*z2Gok1SrOEk8E7DDyeLsSA.png 640w, https://miro.medium.com/max/700/1*z2Gok1SrOEk8E7DDyeLsSA.png 700w" sizes="700px">VerluxNFT Explore Page</figure><figure class="iy iz ja jb jc ht fg fh paragraph-image"><img alt="" class="ef es eo ex w jl jm af ws" src="https://miro.medium.com/max/60/1*UvvNZLkPtg-Zb7eO8rcqSA.png?q=20" width="700" height="351" role="presentation"><img alt="" class="mk sf ef es eo ex w c" width="700" height="351" role="presentation" src="https://miro.medium.com/max/700/1*UvvNZLkPtg-Zb7eO8rcqSA.png" srcset="https://miro.medium.com/max/276/1*UvvNZLkPtg-Zb7eO8rcqSA.png 276w, https://miro.medium.com/max/552/1*UvvNZLkPtg-Zb7eO8rcqSA.png 552w, https://miro.medium.com/max/640/1*UvvNZLkPtg-Zb7eO8rcqSA.png 640w, https://miro.medium.com/max/700/1*UvvNZLkPtg-Zb7eO8rcqSA.png 700w" sizes="700px">Wallet Connect Feature</figure><figure class="iy iz ja jb jc ht fg fh paragraph-image"><img alt="" class="ef es eo ex w jl jm af ws" src="https://miro.medium.com/max/60/1*ck2VeflRx8ClSgLsn9If3Q.png?q=20" width="700" height="548" role="presentation"><img alt="" class="mk sf ef es eo ex w c" width="700" height="548" role="presentation" src="https://miro.medium.com/max/700/1*ck2VeflRx8ClSgLsn9If3Q.png" srcset="https://miro.medium.com/max/276/1*ck2VeflRx8ClSgLsn9If3Q.png 276w, https://miro.medium.com/max/552/1*ck2VeflRx8ClSgLsn9If3Q.png 552w, https://miro.medium.com/max/640/1*ck2VeflRx8ClSgLsn9If3Q.png 640w, https://miro.medium.com/max/700/1*ck2VeflRx8ClSgLsn9If3Q.png 700w" sizes="700px">VerluxNFT Art Collections</figure><figure class="iy iz ja jb jc ht fg fh paragraph-image"><img alt="" class="ef es eo ex w jl jm af ws" src="https://miro.medium.com/max/56/1*JiMoHK4nMiB-kjmStJ9elQ.png?q=20" width="700" height="749" role="presentation"><img alt="" class="mk sf ef es eo ex w c" width="700" height="749" role="presentation" src="https://miro.medium.com/max/700/1*JiMoHK4nMiB-kjmStJ9elQ.png" srcset="https://miro.medium.com/max/276/1*JiMoHK4nMiB-kjmStJ9elQ.png 276w, https://miro.medium.com/max/552/1*JiMoHK4nMiB-kjmStJ9elQ.png 552w, https://miro.medium.com/max/640/1*JiMoHK4nMiB-kjmStJ9elQ.png 640w, https://miro.medium.com/max/700/1*JiMoHK4nMiB-kjmStJ9elQ.png 700w" sizes="700px">Creators Page</figure><figure class="iy iz ja jb jc ht fg fh paragraph-image"><img alt="" class="ef es eo ex w jl jm af ws" src="https://miro.medium.com/max/60/1*uSiH__MiZv1VurXvVy2P3A.png?q=20" width="700" height="560" role="presentation"><img alt="" class="mk sf ef es eo ex w c" width="700" height="560" role="presentation" src="https://miro.medium.com/max/700/1*uSiH__MiZv1VurXvVy2P3A.png" srcset="https://miro.medium.com/max/276/1*uSiH__MiZv1VurXvVy2P3A.png 276w, https://miro.medium.com/max/552/1*uSiH__MiZv1VurXvVy2P3A.png 552w, https://miro.medium.com/max/640/1*uSiH__MiZv1VurXvVy2P3A.png 640w, https://miro.medium.com/max/700/1*uSiH__MiZv1VurXvVy2P3A.png 700w" sizes="700px"></figure>What’s Next For VerluxComing up next is our Public Sale, details on the Public sale will be announced before we commence. Investors will have the opportunity to join in on our Public Sale before Exchange Listing.We are currently in contact with various Exchanges and announcement on exchanges to list will be coming up after our Public Sale.It going to be an amazing 2022 for Verlux, lots of Development will be coming our way as per our Roadmap.Verlux Social LinksWebsite:&nbsp;<a class="dy kc" href="https://verlux.io/" rel="noopener ugc nofollow" target="_blank">https://verlux.io</a>Telegram:&nbsp;<a class="dy kc" href="https://t.me/verluxcommunity" rel="noopener ugc nofollow" target="_blank">https://t.me/verluxcommunity</a>Twitter:&nbsp;<a class="dy kc" href="https://twitter.com/VerluxNFT" rel="noopener ugc nofollow" target="_blank">https://twitter.com/VerluxNFT</a>Resources:&nbsp;<a class="dy kc" href="https://verlux.gitbook.io/" rel="noopener ugc nofollow" target="_blank">https://verlux.gitbook.io</a>Medium:&nbsp;<a class="dy kc" rel="noopener" href="https://verluxnft.medium.com/">https://verluxnft.medium.com</a><a class="dy dz ca cb cc cd ce cf cg bm ea eb ch ec ed" rel="noopener follow" href="https://verluxnft.medium.com/?source=post_sidebar--------------------------post_sidebar--------------"></a>

Verlux ($)

First Decentralized Cross-Chain NFT Marketplace. Built on the Cardano Blockchain.

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