Press release
Arvalex is an avalanche-based protocol for Service Exchange and Nonfungible Token Trading (NFT) based on the Automated Market Creation Protocol (AMM). The Arvalex protocol has announced its public launch on the Avalanche blockchain network. The Metaverse Token, AVRL, features a next-generation protocol that is “designed to facilitate trading and other related transactions within the Metaverse,” supported by and built on the Avalanche blockchain. .
The first port of call is the avalanche blockchain, which has proven to be robust and has over 4,500 transactions per second (TPS) with an end time of less than three seconds. It was built to serve as a popular medium of exchange within the Metaverse to avoid confusion regarding the distribution of multiple tokens. It provides a common protocol serving other platforms so that users can easily switch between Coin A and Coin B or different tokens without any hassle and users, Gatekeepers are often involved in such a process.
Arvalex is creating a truly decentralized and fully democratized but powerful NFT platform where digital creators can convert their photos, ideas, music and paintings into Co-NFTs that allow creators to receive royalties for their work and exchange various services. This will allow people to own their jobs and share services and art with others without the risk of inflation, recruitment, or excessive gas charges. The NFT then also benefits from a dynamic price structure on the blockchain.
Arvalex’s NFT platform will open a new generation and exchange system that will allow developers to:
The Arvalex token distribution has been carefully designed to create a decentralized, community-controlled DeFi protocol that is not controlled by a small group of actors. A total of 50 million Arvalex tokens will be minted and distributed in three different phases.
Users can be one of the early adopters of the AVRL tokens by participating in the ongoing token presale. Visit our website and click on the presale link to participate in the first-phase sale.
With a growing ecosystem of decentralized financial products, NFT platform and several features already planned for future release, Arvalex is not just another DeFi protocol but, rather, an innovative project to look out for.
The Arvalex NFT marketplace is almost complete and is expected to be the next game-changing platform for creators and speculators, much like the current players.
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