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The entire crypto world is suffering from a two-world dilemma: the smooth, efficient, large, but Centralized Crypto exchanges, and the Decentralized Swap platforms which we want to rise to the level of the Centralized platforms, and overthrow them in the due course of time.
The prime motive behind Satoshi Nakamoto, when he created Bitcoin back in 2008, was to free people from the Centralized, inflationary, and tampered monetary system. And, as a result, Decentralization holds a special place in the Crypto cult. Even then, we have not reached to the level of decentralization we aspire, neither with the platforms, nor with the coins/tokens. And, we cannot just close our eyes to the fact that Centralized Crypto Exchanges are still the ones providing cheaper options for trading and buying crypto.
So, what is the solution?
2. A Hybrid Approach
A hybrid model gives the team the best of both worlds– enabling untrained users to stay agile with self-serve marketing, while providing protections to keep the campaigns structured and compliant with brand standards. At a time when the future is more uncertain than usual, this combination is not just a nice to have – it’s a requirement to survive and thrive long-term.
It can’t be one or the other. You need both centralized and decentralized elements. Organizations that are sticking to a centralized model are going to be limited in their ability to expand and grow. Alternately, going completely decentralized is not responsible either, because you need some components of centralized operations to maintain control.
3. Venice Swap
The name might sound very familiar with the use of the word "swap". But, believe me when I say, this is the most different "swap" you would have heard till now.
First, let me introduce you to what Venice Swap is, and what they do:
Venice Swap is a Fintech Startup founded by highly specialized professionals. Their core business is developing cross-platform solutions and architectures in the world of crypto finance, web & wireless and digital communications.
Venice Swap is an ecosystem, where-in there are Venice swap websites, mobile applications, clients, applets, and other applications that are developed to provide Venice Swap Services, and even includes independently operated platforms and clients within the ecosystem, such as Venice swap DEX, Venice swap Launchpad etc.
4. Why is Venice Swap Unique
By this time, it might have been pretty clear why Venice Swap is Unique: The Best of the Both Worlds:
Venice Swap will introduce two main applications in the market:
- A Centralized crypto exchange to trade crypto, or even directly buy crypto using fiat
- A Decentralized swap app for crypto-crypto trade in the Ethereum blockchain
Venice Swap will then introduce another kind of exchange and application to create a real one-stop crypto experience for end-users and clients.
5. Features of the Venice Swap
- Ease of use
- Low Fees
- More options of coins and tokens to choose from
- Supports many Fiats for direct buying/selling
- High liquidity/volume
- Top-notch security
Features of the exchange:
- Trading pairing module with live price fetching
- Wallet Integration for top 20 cryptocurrency
- Integration with top liquidity providers and with a top KYC/AML provider
- Possibility of listing other coins, launching IEO, trading margin
- Trading on derivatives (Futures and Perpetual Trading)
- Referral programs
- Available on the web platform and mobile app (Apple and Android)
- Multi-language
6. TOKENOMICS and Finance
Venice Coins (VENICE): The utility tokens of the Venice Swap Platform.
They are used in all transactions related to distributed credits on the Platform itself.
VENICE follows the ERC20 token standard on the Ethereum blockchain.
For the actual implementation of the Venice Coin, Venice Swap has developed a smart contract that will be publicly consultable on its GitHub before any phase of token sale will start.
Supply:
Token supply is fixed. Therefore, it is an immediate deflationary currency.
500 million VENICE tokens created.
180 million directly sold to public
Token Distribution
Spending Allocation:
Vesting Schedule
For Team and Founders: A 24-month vesting schedule with a 6-month cliff. After the cliff is met, vesting would continue monthly thereafter.
Locked tokens for future use: 50% with 12-month vesting, and the remaining with a 24-month vesting.
Unsold tokens shall go back to Venice Swap after the TGE.
Budget Allocation:
7. THE TEAM
Founder and CEO: Gianluca Busato
Gianluca Busato has a Master’s Degree in Electrical Engineering, with more than 20 years of experience in leading teams and companies in the field of technological innovation and
communication. Now, he is CEO and Founder of Venice Swap where he is in charge for general management, strategical marketing, sales, and finance.
Advisory Board
8. Conclusion
Venice was an ancient naval and mercantile empire. The team draws their inspiration for their name from this extraordinary historical city between Rialto and Piazza San Marco invented the concept of a modern Stock Exchange. Similarly, today Venice Swap intends to shape a new concept of crypto exchange where an ecosystem of different applications will create a powerful shared one-stop crypto experience for end users and traders; thereby uniting the Best of the Two-Worlds!
A sponsored article written for a bounty reward.
Bounty0x username: ern21
Hope you enjoy the article, and wishing the very best for the Venice Swap Team
Thanks for reading till the end!
PS: Not financial Advice.
