Though the VeFi Network began on the Bitgert blockchain, it is now developing on its own. Coinmarketcap has added another Bitgert-backed startup to its platform. This is the second BRC20 coin to appear on Coinmarketcap, and it represents a significant step forward for the Bitgert Startup Studio initiatives.
VeFi Network is a more complicated and larger initiative than the previous one, which is what makes it appealing. The VeFi team is working to create a strong blockchain ecosystem. According to the information supplied by the team, this is the case.
Bitgert blockchain integrating VeFi Network
Though the VeFi Network began on the Bitgert blockchain, it is now developing on its own. The team claims to be developing a high-performance blockchain, which is one that is speedier and has a reduced gas charge. The VeFi chain could be one of the blockchains competing with Bitgert’s BRC20 blockchain. The VeFi Network blockchain may also become the most widely used.
The VeFi Network is also developing other blockchain-related goods, such as a super-fast exchange and a secure wallet. The VeFi Network team has recently revealed that, among other things, it will develop NFT tools for the VeFi Network blockchain ecosystem.
Bitgert blockchain a boon for VeFi
In short, Bitgert will assist VeFi Network as one of its high-utility projects. It will be one of the projects to watch with all of these items. It’s also worth noting that this Bitgert-backed project offers one of the most intriguing tokenomics. With a limited supply of 500 million VeFi Network tokens, the VeFi Network project will be one of the Bitgert ventures that will make investors wealthy. That’s why the Bitgert-backed DEX’s presale performed so well.
The VeFi Network token price is likely to rise following its placement on Coinmarketcap. This is because it lends credibility to the Bitgert project. Because of the millions of Coinmarketcap users, the Bitgert coin was also exposed to a broad market. Furthermore, the Bitgert team is working hard to ensure that all Bitgert-backed tokens are listed on Coinmarketcap. All BRC20 coins will be listed on this site as part of the agreement.
As a result, the Bitgert-backed projects are generating a lot of activity. More Bitgert-backed tokens are expected to be listed on Coinmarketcap. VeFi Network is one of a handful of Bitgert-backed projects, with more on the way.