Veloce, the world's leading digital racing media network, has entered the Web3 space with the launch of its DApp (VEXTverse) and governance token (VEXT). The DApp utilises the token which empowers the Veloce community to influence and govern key decentralised assets within the Veloce brand, which includes Veloce Esports (gaming and racing platform) and Veloce Racing (the Extreme E team). With the largest digital racing audience globally (37+ million subscribers and 650M+ monthly views), Veloce is leveraging its extensive reach and credibility to promote mass adoption within Web3.
VEXT holders can interact within the VEXTverse, influencing the direction of their assets, including teams, talent, games, and more. Holders can also transact across games and live sports features, receiving rewards like tokens, merchandise, tickets to real-world events and more. The DApp, powered by VEXT, completes the brand transformation into a decentralised community, offers additional utility, and rewards early adopters.