Vention

Vention

VENTION
$0.00426484%7.02

Key Metrics

Price$0.00426484
Real Volume (24H)$32,104
MarketcapN/A
Fully Diluted Valuation$4,264,837
ATH$0.02859096
ATH Date11/20/2021, 11:48:38 AM
ATL$0.0006763
ATL Date8/19/2022, 9:41:40 AM
Circulating SupplyN/A
Total Supply1B
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is Vention?

Vention (VENTION) is an innovative platform that empowers individuals to create, trade, and collect digital merchandise. Unlike traditional marketplaces that focus on game items, Vention prioritizes artistic merchandise, collectibles, and memorabilia. This unique approach creates a vibrant ecosystem where buyers and sellers can connect and transact seamlessly. Sellers on Vention have the opportunity to offer not only digital creations but also physical artworks bundled with their original Non-Fungible Tokens (NFTs), including sculptures, paintings, and more.

The underlying mission of the Vention network is to address the challenges faced by emerging artists. Often, these talented individuals struggle to gain recognition and sell their limited edition digital merchandise. Vention aims to tackle this problem by providing a dedicated digital marketplace that places artists and their creations at the forefront. By fostering an environment that supports and showcases artistic talent, Vention aims to become the leading artist-focused marketplace with a global reach.

At the heart of the Vention ecosystem lies its native token, VENTION. Operating as an ERC-20 token on the Binance Smart Chain (BSC), VENTION serves as the fuel for all transactions within the Vention platform. Whether it's creating, trading, buying, or selling NFTs, users rely on VENTION tokens to complete these activities seamlessly. The total supply of VENTION tokens is set at 1,000,000,000, with 35 percent locked for the treasury fund, 20 percent distributed to the token sale (private and presale), 20 percent burned, 10 percent locked for the team allocation, 10 percent allocated for liquidity on Pancakeswap, and 5 percent reserved for emergencies. The intentional act of burning tokens removes them permanently from circulation, creating a deflationary mechanism to enhance scarcity and value.

Looking back at the history of Vention (VENTION), we find Julius O. Santillan at the helm as the founder of this visionary network. With a background in crypto trading and entrepreneurship, Santillan recognized the need for a platform that caters specifically to artists and collectors in the digital space. Drawing upon his expertise and passion for supporting emerging talent, Santillan set out to create a dynamic marketplace that empowers artists to showcase their work and connect with a global audience.

Vention's journey began with a vision to democratize the art industry and provide a level playing field for artists of all backgrounds. By leveraging the power of blockchain technology and NFTs, Vention revolutionizes the way art is created, bought, and sold. Artists no longer need to rely solely on traditional galleries or intermediaries to reach their audience. Instead, they can embrace the digital realm offered by Vention to showcase their unique creations and connect directly with collectors worldwide.

The Vention platform offers a user-friendly and intuitive interface, ensuring a seamless experience for both artists and collectors. Artists can easily mint their artwork into NFTs, establishing ownership and authenticity on the blockchain. They have the freedom to determine the scarcity of their creations, allowing for limited edition releases that hold significant value for collectors. Meanwhile, collectors gain access to a diverse range of digital merchandise and physical artworks, enabling them to curate their own unique collections and support emerging artists.

With its international reach, Vention transcends geographical boundaries and brings artists and collectors together from different corners of the world. This global community fosters collaboration, inspiration, and mutual appreciation for the arts. Through Vention, artists have the opportunity to gain exposure, build their reputation, and monetize their creations, while collectors can discover hidden gems and acquire exclusive artworks.

As the Vention network continues to evolve, the team remains dedicated to expanding partnerships, enhancing functionality, and providing ongoing support to the artist community. Through strategic collaborations with prominent figures in the art world, Vention aims to create synergies that benefit artists, collectors, and the platform as a whole. By nurturing a vibrant ecosystem that values creativity, innovation, and inclusivity, Vention sets the stage for a new era in digital art and collectibles.

In conclusion, Vention (VENTION) empowers artists and collectors in the digital marketplace by offering a dedicated platform for trading and discovering artistic merchandise. With its unique focus on artistic creations, Vention provides a supportive ecosystem that nurtures emerging talent and connects artists with a global audience. Through the use of VENTION tokens and NFTs, users can seamlessly engage in transactions and unlock new opportunities for creativity and value appreciation. As Julius O. Santillan spearheads this visionary project, Vention paves the way for a future where art and technology converge, revolutionizing the way we create, appreciate, and collect digital art.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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