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OUR MOTIVATION
Velo opens new opportunities for businesses that are looking to provide alternative finance to the unbanked across the globe as well as improving business efficiency through our integrated network.
Digital Credit Issuance
Creating digital credit, stable coin and all types of credit based on the value of Velo tokens locked up as collateral. The business can utilize these credit to fit their business needs, such as remittance, lending and etc.
Digital Reserve System
The Digital Reserve System is a set of smart contract that acts as a central counterpart, guaranteeing and governing Velo monetary policy ensuring price stability through supply and interest rate management.
Reputation System
Protocol that provides means for consumers to safely access reputational data that can be transformed into risk/credit scores, but it could be used for a wide variety of different applications.
HOW VELO WORKS
USECASE FOR PRICE-STABLE DIGITAL CREDIT
Global Remittance flow is estimated at $700bn.
Lightnet, a remittance provider company, is utilizing Velo Protocol to tackle an underbanked banking market worth $380bn market where it's already starting off with a low-cost and convenient remittance payment solution for with 10m immigrant workers in South East Asia worth of $150bn
CREDIT NETWORK
Business to easily create any form of credit to serve their needs using Velo Network. Example of digital credit that can be issued.
Not only issuing credit on Velo Network is simple, but it also allow these credit to be traded on the secondary market, providing even more liquidity and usefulness between the networks of trusted business partner
Not only issuing credit on Velo Network is simple, but it also allow these credit to be traded on the secondary market, providing even more liquidity and usefulness between the networks of trusted business partner
VELO TOKEN
The Velo token enables a variety of critical functions across network.
COLLATERAL
In order to create credit, the exact same valuation of Velo token must be locked up. The larger the credit network, the more amount of Velo token in lock-up, hence less supply on the secondary market
GOVERNANCE
Token holders use the Velo token to vote on the Governing Council.
Announcement
NEW Dec/10/2019 | |
| Nov/29/2019 | |
| Nov/20/2019 | |
| Oct/31/2019 | |
| Oct/25/2019 | |
| Oct/07/2019 | Partnership Announcement — Velo x Carry Protocol |
ROADMAP
TEAM
Chatchaval Jiaravanon
Chairman
Chatchaval Jiaravanon
Member of Board of Director at True Corporation
Chatchaval is a serial investor and a Board of Director of True Corporation. He holds top executive positions in major public and private corporations along with being the CEO of Charoen Pokphand Indonesia and Finansia Syrus Securities
LinkedIn
Tridbodi Arunanondchai
Vice Chairman
Tridbodi Arunanondchai
Co-founder and CEO of MoneyTable Public Co. Ltd.
Tridbodi is a serial entrepreneur in digital consumer, AI and media with 10 years of banking experience.
LinkedIn
Suvicha Sudchai
Chief Product Officer
Suvicha Sudchai
Former Head of Business Innovation of Krungthai Bank (KTB)
Suvicha is an experienced digital and innovation executive focusing on Agile product development and enterprise architecture in financial services industry. Previously, he was the Head of Innovation at Krungthai Bank and Managing Director at Digital Ventures, subsidiary of Siam Commercial Bank.
LinkedIn
Trithip Sivakriskul
Chief Financial Officer
Trithip Sivakriskul
Former CFO at Minor International
Trithip was a CFO at Minor International and had held many top executive positions at multinational organisations.
LinkedIn
Adirut Nithilerdviwat
Chief Technology Officer
Adirut Nithilerdviwat
Founder of 100x studio Co. Ltd.
Adirut spends all his time in Blockchain development. He is a Co-Founder of r0ix.com, an in-dept ICO analysis website.
LinkedIn
O Bhongsvej
Chief Marketing Officer
ADVISOR
Jed McCaleb
Co-founder of Stellar
Jed McCaleb
Tokenomic Advisor
Jed is a Co-Founder of the Stellar Development Foundation and CTO of Interstellar.
LinkedIn
David Mazières
Chief Scientist of Stellar
David Mazières
Tokenomic Advisor
David is the Chief Scientist of the Stellar Development Foundation.
LinkedIn
Prof. Robert Townsend
Professor at MIT, CMU, and University of Chicago
Prof. Robert Townsend
Chief Economic advisor
Robert is a renown economics professor at MIT. He is also a Consultant for the Federal Reserve Bank of Chicago and the World Bank, among many other leading institutions.
Website
Hongliang Lu
Founder of UTStarcom
Hongliang Lu
Ecosystem Advisor
Former UTStarcom’s President and Chief Executive Officer, President and Chief Executive Officer of Kyocera Unison, a majority- owned subsidiary of Kyocera International, Inc., President and Chief Executive Officer of Unison World, Inc.
Website
John Ng Pangilinan
Founder and CEO of Signum Capital
John Ng Pangilinan
Ecosystem Advisor
- Blockchain Investor
- Mentor and Serial Entrepreneur
- CEO of Ovenbaked Ideas Pte Ltd
- CEO and Founder of MEGuideU
- Investor and Mentor FOMO/ Digital/ Fomo Pay
- Co-Founder BookaBirdie.com
- Investor and Co-founder My Pets Culture
- Co Founder Tequero Adventure Resort
- Founder MakanBus
- Investor and CEO LunchKaki
LinkedIn
Paul Veradittakit
Partner at Pantera Capital
Michael Graczyk
CTO of Open Token
Michael Graczyk
Tokenomic Advisor
Michael is a CTO and Co-Founder of OpenToken. He honed his engineering acumen at Comma.ai, Google and Qualcomm.
LinkedIn
Tana Pothikamjorn
CEO of Kasikorn Line
Tana Pothikamjorn
Development Advisor
Tana led product development in major Silicon Valley tech firms before joining Siam Commercial Bank as Head of Digital Banking
LinkedIn
Chen Zhuling
Co-founder of Aelf
Joshua Ho
Co-Founder of QCP Capital
Joshua Ho
Advisor
Josh is a lawyer and entrepreneur. An early investor in cryptocurrencies, he has built e-commerce businesses globally with Rocket Internet, launched ride-sharing ecosystems like Uber and GO-JEK across the Asia Pacific and is a seed-stage tech investor in frontier markets and verticals.
Darius Sit
Managing Partner of QCP Capital
Darius Sit
Advisor
Darius is a Managing Partner of QCP Capital Darious spent years trading cross-asset derivatives He has created asset allocation models for sovereign wealth funds and developed predictive models for Asian currencies. He has given advice to a number of market leading crypto projects, including Algorand and Terra.
These disclaimers shall not and cannot be considered as an invitation to enter into an investment. They do not constitute or relate in any way nor should they be considered as an offering of securities in any jurisdiction. The disclaimers do not included or contain any information or indication that might be used to base any investment decisions. VELO token is a utility token and is not intended to be used as an investment. Regulatory authority are carefully scrutinising businesses and operations associated to cryptocurrencies in the worlds. In that respect, regulatory measures, investigations or actions may impact VELO business and even limit or prevent it from developing its operation in the future