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VaultTech has made an announcement about the soon-to-be-released Vault mobile application. The crypto company emphasized that it is currently accepting beta test registrations and offers participants the chance to win 5,000 USDT. We can say that this development could be particularly meaningful for the cryptocurrency VAULT. Let’s look at the details.
VaultTech Takes Steps with Its Mobile Application
VaultTech stands out as an ecosystem that will offer a range of crypto services along with the Vault mobile application. These services include VaultPad, Vault Staking, Vault Pay & Swap, and OTC/Escrow & Exchange. The company’s extensive operations are noteworthy.
The mobile application will facilitate the exchange of ERC-20 tokens and crypto deposit transactions with Visa. Although the launch date of the application has not yet been announced, it was highlighted at major Blockchain events like ETH Denver.
One of the main functions, such as Vault Pay, will facilitate conversions between fiat currencies and Vault’s native token VAULT. VaultTech indicates that token holders will have access to exclusive benefits and superior returns.
New Partnerships Announced
VaultTech has also announced partnerships with major companies such as Chainlink, Visa, IBM, Amazon Web Services (AWS), OpenAI, and Google Startups. The collaboration with Amazon is said to increase the company’s ability to scale operations and adapt to changing business needs.
According to blockchain data provider Dune Analytics, VaultTech has 132 partnerships and these partnerships have generated approximately $566,033 in revenue. VaultTech emphasizes that the upcoming mobile application and the aid of artificial intelligence will serve as a major catalyst this year.
VaultTech’s cryptocurrency VAULT currently has a modest market value of $14 million. The token has a maximum supply of 100 million, all of which are currently in circulation. As of writing this article, the price of VAULT is trading at $0.15. It is worth mentioning that the token, which is listed on the Poloniex exchange, has not yet spread to other central exchanges. However, considering the moves and partnerships, it seems likely that the cryptocurrency will gain significant momentum once it is listed on other central crypto exchanges.
