Automate digital to physical redemptions with minimized arbitration, using NFTs encoded with game theory.Be part of a capture-resistant, decentralized commerce ecosystem. It is a foundational Web3 primitive that unlocks two planetary-scale value pools.
Our vision has led Velozity to become an emerging IT company in India & USA for delivering various industry-led mobility solutions. The goal is to empower clients and businesses by creating new possibilities leveraging the technologies of today and tomorrow with the utmost quality, satisfaction, and transparency.
We disrupts e-commerce platforms by tokenizing Things and their commerce data within a liquid digital market, built on #DeFi Our vision is to enable a decentralized commerce ecosystem by funding and accelerating the development of a stack of specialist applications to disrupt, unbundle and democratize commerce.
Velozity provides a commerce interface between the Metaverse and the physical world, in which: Commitments are made by depositing digital value into an escrow contract represented by stateful non-fungible commitment token, enabling automated digital to physical redemption. Our core mechanism is a type of sequential game where the rules and the deposit transfer scheme are designed to coordinate transactions and incentivize parties to behave fairly. Each type of commitment token can be purchased with a specific Thing token, which follows the ERC-20 standard. Thing tokens plug into DeFi infrastructure, enabling liquid digital markets for any Thing. Monetizes consumer and seller data in a self-sovereign and privacy preserving way. Commitment Tokens (NFTs) Core Exchange Mechanism Thing Tokens Web3 Data Marketplace • A commitment to buy and sell is tokenized as a futures contract for a Thing, represented by NFT commitment tokens • Each type of NFT commitment token can be purchased with a specific Thing token • Anyone can plug into the Velozity’s ecosystem for instant dCommerce capabilities
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