VaultTech has publicized its forthcoming mobile application for cryptocurrency services, inviting interested individuals to register for a beta test. Those who participate in the testing phase will stand a chance to win a prize of 5,000 USDT. This move is poised to benefit the company’s proprietary cryptocurrency, VAULT, and expand its presence in the digital currency landscape.
Expanding Crypto Services Through Mobile Accessibility
The Vault mobile application signifies a significant stride for VaultTech in delivering a suite of cryptocurrency offerings. This includes a variety of services such as VaultPad, Vault Staking, Vault Pay & Swap, and an OTC/Escrow & Exchange feature. The introduction of the app is poised to make VaultTech’s extensive lineup of operations more accessible to a broader audience.
VaultTech’s new app is set to streamline exchanges of ERC-20 tokens and enhance crypto deposit capabilities via Visa. Although an official release date for the app is pending, its features have garnered attention at prominent Blockchain events, such as ETH Denver. Vault Pay, a notable feature, will enable easy conversion between fiat currencies and the VAULT token, offering token holders special benefits and potentially higher returns.
Strategic Partnerships Bolster VaultTech’s Capabilities
VaultTech’s growth is also fueled by strategic collaborations with leading companies including Chainlink, Visa, IBM, Amazon Web Services, OpenAI, and Google Startups. The partnership with Amazon is poised to elevate VaultTech’s scalability and responsiveness to evolving business demands. According to Dune Analytics, VaultTech has secured 132 partnerships, generating significant revenue, and asserts that the impending mobile application, coupled with artificial intelligence, will act as a key growth impetus this year.
With a modest market valuation of $14 million, VAULT’s entire supply of 100 million tokens is in circulation and trades at $0.15. The token is presently listed exclusively on the Poloniex exchange, yet its increasing number of partnerships suggests a potential surge in value upon broader exchange listings.