Verox is excited to announce a technological partnership with one of the strongest players in the industry -Polygon Network (previously Matic).
Verox at its core is an AI-based investment analysis platform. The ultimate goal is to provide an ‘all in one place’ for crypto predictions and market analysis, allowing beginners and professionals alike to harness the power of Artificial Intelligence, Machine-Learning, Big Data and Decentralized Finance. This will be achieved through use of our dedicated DEX, crypto trading predictions and analysis App, automated trading bots and more.

Verox will utilize the Polygon Network for its decentralized exchange being developed, using it to ensure scalability, minimal fees, maximum throughput, and secure transactions. This partnership will allow Verox DEX users to have the flexibility of decentralized exchanges while ensuring liquidity, scalability, seamlessness and almost instant transactions. Leveraging the Polygon Network architecture, Verox DEX will have a throughput of 10000 transactions per second at 1/100th of transaction cost, 400 times faster than Ethereum Network.

“One key aspect of Polygon Network is that it offered the updates waited for Ethereum 2.0. It adds enormous scalability to the blockchain while ensuring reduced costs and maximum security; just a few of the important elements to ensure the best user experience at Verox DEX. Verox users will now be able to trade crypto and synthetic assets like stocks and gold- fast, secure, and with almost-zero fees.”- said the CEO of Verox.

About Polygon:

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It aims to solve scalability and throughput issues surrounding Ethereum Network, ensuring faster and cheaper transactions while utilizing Layer 2 sidechains -blockchains that run alongside the Ethereum main chain. Polygon, previous Matic, is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It envisions a world in which communities thrive, unconstrained by artificial borders and archaic regulations.

Website: https://polygon.technology

Github: https://github.com/maticnetwork/

Twitter: https://twitter.com/maticnetwork

Telegram: https://t.me/maticnetwork

About Verox:

Verox is a modern-age platform that strives to work for the financial empowerment of its users by offering Artificial Intelligence-powered crypto predictions advisor, market analyzer, financial content provider, and a decentralized exchange. It provides a technology infrastructure that will transform the investment decision-making and trading process in the crypto industry. VeroxAI processes massive diverse sets of data from various sources (crypto data sites, news articles, social media postings, financial statements, charts, etc…) and runs a variety of predictive models and deep learning algorithms to determine a crypto and DeFi-ranking. Using AI and developed machine learning models, the platform recommends the daily top crypto coins and provides a deep analysis to any chosen cryptocurrency. This is done through using diversified parameters, combining technical analysis methods such as chart pattern recognition, fundamental analysis and a history-based price forecasting engine.

• To learn more about the upcoming decentralized exchange by Verox, please view the business plan here.

Website: https://www.veroxai.com

Twitter: https://twitter.com/Verox_AICrypto

Telegram: https://t.me/veroxgroup

Medium: https://veroxai.medium.com

We would like to publish a progress update about our recent developments, achievements, and milestones ahead in the VeroxAI roadmap. Since our inception we have seen and adapted to extremely fast growth.

In a short time, we’ve managed to recruit an excellent management and operation team, developed innovative features and secured listings across several exchanges. In addition, the Verox project received accolades across media, news and review sites, and managed to sign several notable partnerships. Most importantly, we gathered a great community of early adopters: supporters and investors.

Early Beginnings:

As you all may know, Verox was founded in Q4 of 2020. The vision was to create an AI-based ecosystem that creates value through the provision of data and guidance to users who seek investment opportunities and in doing so, foster the adoption of the crypto and DeFi future. We understood this was an ambitious goal and began recruiting a team to optimize the development for our AI-based investment platform. The goal to solve the challenges every investor and trader faces. Specifically, how time-consuming the process of combing through the hundreds of coins to invest in and the fear of choosing the wrong one.

Partnerships:

We have partnered with some top names such as Flexe.io, ReBlock Digital, and Financial Professional (FinPro). All of these have been strategic to help further our goal of mass adoption for VeroxAI; fueling in the new age for crypto and DeFi.

Infrastructure Development:

Since December of last year, the Verox development team has been working on the development of our technology infrastructure. We have developed the AI and machine learning algorithms and testing phase of these have already been completed.

Testing of the AI algorithms: SandBox environment results from the algorithm in real-time were performed as shown previously and have had excellent results i.e., accuracy fluctuation between 85% to 93%.

Development and deployment of the VeroxAI App Back-end on AWS:

Despite the restrictions due to the situation surrounding the global Covid-19 pandemic, the members of the Verox AI dev team working remotely have produced an excellent backend infrastructure. A screenshot of the AWS console where we successfully deployed and tested the VeroxAI app’s backend is pasted below.

Developments of the Front-end:

While the back-end has already been fully completed, a significant amount of work is also executed on the front-end. As they say, the front-end is the face of any project. With this said, it was not up to expectations of the leadership team and we have decided to adopt a fresh look to the UI/UX. The objective being to enhance the user experience and interface elegance, providing the best quality-focused product.

Launching VeroxAI:

We expect this new front-end phase of the VeroxAI App to be completed within few weeks. (Specific date will be communicated across the official Twitter at a suitable time). The VeroxAI dev team will also include new features that were initially slated to be introduced via updates. In addition, to increase the community confidence, trust and transparency the VeroxAI dev team is preparing a video introducing themselves face to face, discussing the progress and reason for delay in more detail.

Lastly, a closing message from our Project Manager- Nikhil Teltumbade:

“These last few months have been great for VeroxAI. I am thankful to the entire VeroxAI team, advisory board, partners, and backers who have supported this project since its inception. Together, we are all working towards making the VeroxAI vision a reality.”

Coin Analyzer (The score ranking system):

In this section inside Verox app, the user will be able to select any coin, and the ranking system will calculate the final score of it based off the 12 most important factors that determine how good a coin is.

This module will reflect collective results from different computations which are part of Robotic Process Automation (RPA) and a community voting system (Survey based).

All The factors are scored against 100:

(The system is constantly monitored and overseen by the team if intervention is ever required).

* Allow your voice to be heard. Become a VRX holder and vote for your favorite coin.

These have been two intense months, but worth every single moment!

The support, enthusiasim and interest we are getting on daily basis from all the over the world starting from crypto enthusiasts, AI fans to some of the the world’s leading entrepreneurs is beyond borders, and definitely not taken for granted.
@Verox_aicrypto has been lately ranked as Number1 AI influencer on social media.

The notable success of the presale stage directly affected the development process of Verox platform. During the last month we have managed to recruit 2 more teams to join hands with Godrix Analytics in order to streamline processes and to cover more currencies & analysis features.

Verox Platform’s project scope is out now:

https://www.docdroid.net/mkd4UOO/to-publish-veroxai-platform-pdf

Here are some of the notable features included in Verox Backlog presented by Godrix Analytics:

The mentioned features below are resulted by the AI devleoped algorithms. The perfect match is being done between the fundamental analysis and technical analysis, aiming to give 85% accuracy and above.

• Buy/sell signals on charts
• Metered form (from strong buy to strong sell) to any chosen currency
• Daily top recommendations
• News related to each selected currency
• Top trending coins (by social media appearing, 24h volume change, etc...)
• Trading setups, and investment opportunities

The recent notable adds by the 2 extra sources teams:

1. An AI developed algorithm for finding the best yield farming annual percentage rates (APRs) to farm.

2. A Crypto-Analyzer for any chosen cryptocurrency- A score calculator:

The user will be able to write down the name of the cryptocurrency, and it will calulate the score of that currency based on several important parameters and the machine learning prediction. (see example on webanalyzer.com )

• The 2 mentioned models above will be stored in pickle files, and at the end, the teams will build APIS using flask to integrate the results into the web and mobile applications.

As an AI-powered Crypto platform, the potential for adoption is clearly massive for Verox.

We welcome you to join us on this amazing journey to make investing, researching and analyzing cryptocurrencies much easier.

Follow us on @veroxa_aicrypto for the latest news.

Verox Staking protocol allows VRX holders to stake their VRX tokens through the dedicated Staking Dapp.

After in-depth market research done by crypto experts with the help of a senior economist, we came to the conclusion of implementing the Staking Dapp with the following factors:

(The selected values were chosen very carefully based on several reasons, in order to combine the highest potential returns by the ​​staking system, while preventing inflation that may arise from the process)

• APR-Yearly:18%
• Staking & Unstaking fees — Only 0.25%
• Minimum lock time 10 Days

Staking is now live on: Stakevrx.com

• The staking contract has been audited by Solidity Finance :
  https://solidity.finance/audits/VeroxStaking/

As we promised since day one, we will continue to make great efforts to be able to meet our investors satisfaction, and to be able to adjust ourself to the latest trends and future changes in the ecosystem.

Verox Team

From a new creative idea born to mass adoption. What we have done so far, and how do we plan to achieve our milestones and to meet our goals.

Start

November 2020

Vision & Comprehensive Project Research — How to create a solid quality-focused and friendly-user product and to apply the token’s best economic factors

Recruitment of team —We built a motivated, multidisciplinary, extremely ambitious and passionate team combining experts from diverse fields, with a proven track record

Planning: BRD, SRF, FSD

Legalization and regulation

Creation of smart contract

Deployment of token

Smart contract audit

December 2020

Website Launch + whitepaper

Beginning of pre-sale stage

Smart marketing — using unconventional marketing and different promotion methods and strategies to create awareness, trust and community growth

Airdrop and giveaways to the community

Partnering with one the top agencies for crypto marketing & PR — Flexe.io

Ranked number 1 in the world as AI influencer on social media

Reached out by the legendary business consultant & strategist, top digital marketer and angel Investor Brian D. Evans — Inc.500 Entrepeuner

Exponential growth on social media (more than 35k twitter followers + 5000 telegram group members)

Creating promotional and instructional videos in different languages

Mentioned by the top crypto influencers (Such as@CryptoNekoZ, @JoshRoomsburg, @HerroCrypto, @CryptoChihiro, @VEGETACRYPTO1, @cryptomocho, @beautyofhelin and more… )

Development of the AI and machine learning algorithms

January 2021

Recruitment of two more teams as external sources in addition to the existing one, in order to streamline processes and to cover more currencies & analysis.

Cointelegraph Press Release and continuous social media marketing

Development & Testing — React Native, NODE.JS

Staking Dapp Launch (And staking contract audit)

Market launch, DEX & CEX exchanges listing (six exchanges) and liquidity locking on Unicrypt for one year

Listed on coinmarketcap, coingecko, coinpare + Etherscan info updated

2500 VRX tokens have been burnt (5% of the supply)

Partnership with Reblock Digital and welcoming on board one of the top 500 entrepeuners in the world @BrianDEvans & his business partner @kenny_izevbigie via https://reblock.digital as strategic advisors to get mainstream attention, partnerships and help us growing

Testing the AI algorithms: SandBox environment results from the algorithm in real time showing success fluctuation between 85% to 93%

February 2021

Start of UI UX design for Verox app

Followed by the billionare investor, the one and only- Mark Cuban on twitter, who turned out to be a VRX investor too!

Complementation of all the regulatory analysis papers for VRX as a utility token

Hiring another 3 AI, ML & Data Science developers for a new feature “Top Picks” — AI Module for long term crypto prediction initiation

Discussing and finalizing future plans of potential development and integration of an AI-powered decentralized crypto exchange for automated trading

Creating Verox NFT cards, to be listed on Opensea with VRX- The NFT card will be connected to the price data of VRX market through Coingecko API:
Art, Data and Token Use in a single pack:
Veorxnft.com
https://opensea.io/collection/verox-nft

Strategic partnerships (including partnerships with oracle analytics applications)

March 2021

Publishing Verox DEX business plan: A crypto, derivatives and synthetic assets protocol with next generation AMM and orderbook!
https://4da6fe2c-a96d-4e5a-8da3–50dd42f6522f.filesusr.com/ugd/ed5e22_388e7793b32b442a9598fdec9f93100d.pdf

Strategic partnership with FinPro- a widely-followed social media influencer group with strong backgrounds in finance and viral marketing;

AI module for long-term crypto predictions work in progress.

April 2021

Significant improvement and giving a fresh look to the UI/UX design.

Verox DEX development as on business plan timeline.

Preapring a GitBook documentation for VeroxAI App, new detailed Whitepaper and a pitch deck for VCs and investors.

Score Analyzer module integration.

May-June 2021

Technological partnership between Verox DEX and Polygon Network(Matic), to ensure scalability, low fees and fast transactions!

Strategic partnership with Conflux Network for joint marketing, ecosystem support, networking and referrals of users: cooperation for the purpose of expansion of the client-base of Verox.

New Roadmap published:
https://twitter.com/Verox_AICrypto/status/1399164396849532928

Deployment and testing of VeroxAI app.

VRX listed on Tier 1 exchange: Gate.io

Q3–Q4 2021:

Launch of VeroxAI web and mobile applications (Android & iOS).
Launch of VeroxDEX.

New Whitepaper release.

Integrating VRX payments in VeroxAI app.

Intergrating AI module for long-term crypto predictions, And auto-trading.

Alerts, admin calls and notifications system complemention.

DeFi, NFT, Futures & Options data, On-chain data addition.

LTSM and RNN integration for all coins for improved accuracy in signals.

Massive app digital marketing.

Approaching VCs.

Continuous development and enhancements to VeorxAI app and VeroxDEX.
.
.
.

Planning Future developments.

….
Mass adoption

** Some processes may take more than the month they are mentioned in. We will continue to update the roadmap as we achieve our milestones and create more plans to take this venture to the next level ! ***

Follow us on twitter for latest news @Verox_AICrypto