What is Vent Finance?
VENT is the native token of Vent Finance, which is a multi-chain community-based crowdfunding platform. Since Vent Finance is multi-chain, it supports projects based on Ethereum, Binance, Cardano, and Polygon. If you care to see the current VENT price, check out the Vent Finance price chart above.
Vent Finance is beneficial for both – Vent community members and new projects. This is the case because it provides projects with the ability to access crowdfunding, while community members get the chance to find credible projects by participating in their token sales. In addition to that, the platform supports incubation, which facilitates the growth of blockchain developers by providing their projects with all the necessary tools and professional consultations.
The key product of Vent Finance is VentUp IDO Launchpad. IDO is a form of fundraising through a decentralized exchange (DEX). VentUp's self-directed design makes it easier for users to engage with high-potential projects.
Besides, the Vent Finance crypto project provides users with various useful features including base guaranteed allocation (BGA), an audit system, updates about newly launched projects, mobile launch access, fiat onboarding, social features, asset protection, and so on.
Who Founded Vent Finance?
The Vent Finance crypto project was launched in 2021 by Alexander Kunzmann, Lucas Mateu, Tigran Ghazaryan, and Aironas Šeputis.
Alexander Kunzmann is a serial tech entrepreneur who has been involved in the blockchain industry since 2016. He has a degree in information system management, business analytics, and big data. In the past, he also co-founded rsquare.io and worked with HYGH AG.
Lucas Mateu has a degree in information systems and tech management. He has worked in managerial positions at such companies as Simply Fabulous, Soluciones Creativas, Live Nation Entertainment, Go Producciones, Production Resource Group, stratecma, Coca-Cola, RLM, and GPMETHOD. Besides, he also founded LMSERVICES and niptune.
Tigran Ghazaryan has a degree in information system management. Prior to joining the Vent Finance founding team, Ghazaryan worked as a business development consultant at Vesenda and a risk advisory analyst at Deloitte. Besides that, as of writing this, he is also a cyber security analyst at Mnemo.
Aironas Šeputis has a degree in finance, economics, and business development. In the past he worked as a software engineer and developer in such companies as Innovatee, Primevise, and Tortuga Capital B.V. Besides, he also worked as a cyber risk advisory consultant at Deloitte.
The Purpose of VENT Tokens
VENT is the utility token of Vent Finance. It’s the driving force of the whole platform. The following are the main use cases of VENT:
- Vent Finance coins are required for taking part in upcoming IDOs on the Vent Launchpad.
- By holding VENT tokens users get access to allocations in forthcoming IDOs.
- Vent Finance tokens can be staked to generate points that qualify users for taking part in upcoming token sales. Besides, VENT stakers are eligible for staking rewards.
- VENT tokens provide community members with governance rights. Thus, they are able to vote on planned IDOs, features, ecosystem changes, and projects.
- VENT tokens can be used to reduce Vent Launchpad fees.
Interested in purchasing Vent Finance tokens? Before doing that, make sure to check the aforementioned Vent Finance price chart. It features both – the current and the previous VENT price.
