Vector Smart Chain (VSC) has announced the successful listing of its native cryptocurrency, VSG, on Coinstore, a leading centralized exchange (CEX) in the cryptocurrency sector. This strategic move represents a significant milestone for VSG as it aims to establish itself as a major force within the blockchain ecosystem.
Originally launched on the Ethereum blockchain, VSG is now transitioning to its own Layer 1 blockchain, VSC, which is engineered to address the limitations of existing networks. The VSC blockchain features a distinctive hybrid consensus mechanism, a flat-rate fee structure, and compatibility with both the Ethereum Virtual Machine (EVM) and Cosmos, positioning it as a robust and versatile platform for developers and enterprises.
As the principal utility token of the VSC blockchain, VSG plays a vital role in facilitating all on-chain activities. Acquiring VSG at this nascent stage is comparable to investing in Ethereum during its early testnet phase, potentially offering significant long-term returns.
Strategic Listing on Coinstore
The Coinstore listing enhances VSG’s visibility and liquidity, especially in key markets where Coinstore maintains a strong presence. Yan Whittaker, co-founder of Vector Smart Chain, expressed enthusiasm about the partnership: “We are excited about our collaboration with Coinstore. This listing is a significant opportunity to broaden VSG and VSC’s reach and to tap into new markets, which is essential for our growth.”
NFT Promotions and Community Engagement
Beyond the exchange listing, VSG is also making strides in the NFT sector. The VSG NFTs have garnered substantial attention, with current promotions offering users the chance to purchase VSG’s green NFTs and receive $100 worth of VSG. Additionally, each set of ten NFTs sold provides a 1 in 10 chance to win $1,000 worth of VSG. These NFTs are not only digital assets but also integral to the expanding VSG ecosystem.
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