Vent Finance Released Monthly Update for June
June has been a whirlwind of activity. Vent Finance have been working relentlessly behind the scenes to provide their community with the greatest product possible and to guarantee that everything is in place for the $VENT Token Generation Event (TGE). Over the last month, they’ve made significant progress toward those goals, and they’re proud to share them with you.
Community
They’ve made it clear from Day 1 that Vent is first and foremost a community-focused platform. Their top priorities are to create the best product possible for their community while listening to every single one of your voices. This is why, this past month, they announced an incredible initiative to provide their most active early members with guaranteed whitelist spots for our TGE. It had been requested by the community and they saw no reason to not deliver! This is just one of several initiatives we have planned to engage their community and express their gratitude for their ongoing support.
You may be wondering, “Who exactly makes up this community?”. Well, the Vent community reaches far and wide, from South Korea to Brazil. For the past month, the number of Ventorians has grown exponentially, with their Twitter following growing to over 2,800 as of the time of writing. Furthermore, their official Telegram community has grown to over 1,800 members, with all their local communities (as of now includes Korea, Spain, Vietnam, Portugal, Russia, and Turkey) summing up to almost 1,700 members.
Their goal is to have one of the most engaged and active communities in the crypto space. To that end, they’ve started off strong and will continue to nurture the relationship they have with all of you Ventorians. Once a Ventorian, Always a Ventorian!
Integrations/Business Partnerships
In June, they expanded numerous relationships and integrations that will be extremely advantageous in the future.
At the beginning of June, they announced their integration of the Chainlink VRF on their mainnet to secure a Decentralized Allocation System. The Chainlink VRF ensures that their community will have a provable fair whitelisted process.
Then they announced their partnership with Bridge Mutual, a decentralized risk coverage platform that provides coverage for smart contracts, stablecoins, and exchanges. As they described in their blog post regarding the partnership “By using a decentralized source of insurance, investors prospecting for gems on the Ventup Launchpad will outsource risk coverage on Bridge Mutual”. This will be a game-changer for their community, as insurance has always been centralized, and quite costly.
Last but certainly not least is their partnership with Polygon, announced a week ago, which will provide dApps that launch on their platform with scalability, modular security solutions, compatibility with Ethereum tools. This will allow projects to avoid Ethereum’s high gas fees and congestion problems and will allow Vent to be the first to create a Polygon to Cardano bridge. Truly Revolutionary.
Vent Team
Their primary objective is to create the best product possible for their community. To that end, they have onboarded several Haskell developers in the month of June, priming them for an immediate migration to Cardano once the Alonzo release is out. They’re excited to keep growing their team and company DNA through the detailed hiring plan they put in place for the next 6–12 months.
Re-Branding
They underwent a re-branding process in the month of June. Although they were pleased with their previous logo, they wanted to take the next step and completely revitalize their branding. Vent’s new brand embodies all of the values that they stand for: simplicity, inclusivity, community, and cutting-edge innovation.
What’s coming up?
They are constantly working behind the scenes, and are excited to announce that their full-fledged website, as well as the Vent Launchpad platform, will be available in the coming week. A lot of blood, sweat, and tears have gone into creating the best product for every Ventorian.
Now, what everyone has been waiting for…the TGE! They have recently announced that the registration for the TGE will start on Wednesday, July 7th, 2021. Although they haven’t announced the official TGE date yet, keep an eye out, it may be announced sooner than you think… 👀
Finally, they are overwhelmed by the outpouring of love and support from their community. They are still in the early stages and are very excited to grow into one of the largest DeFi ecosystems of the next decade.
About Vent Finance
The Ventup launchpad turns ideas into successful growth journeys. It’s where founders share innovative blockchain projects with the communities that will join forces to fund them.
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