Understanding Vertus (VERT) in one article

Beginner2/5/2025, 8:57:10 AM
Vertus is an application that enables cryptocurrency mining, management, and trading through Telegram, aiming to create a comprehensive DeFi product ecosystem. This article provides a detailed analysis of the main features of the Vertus App, how to use the Vertus App, and the VERT token economics.

What is Vertus

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Source:https://docs.thevertus.app/

Vertus is an application that enables cryptocurrency mining, management, and trading through Telegram, aiming to create a comprehensive DeFi product ecosystem. Leveraging the high speed, scalability, and security of the TON blockchain, Vertus greatly simplifies the complexity of cryptocurrency operations. Its features include an easy-to-use wallet, seamless VERT mining experience, and integration with decentralized applications (DApps). Vertus aims to break down the barriers of cryptocurrencies and provide a bridge to decentralized finance for traditional users.

The main functions of Vertus App

Users can directly access the Vertus App through Telegram, whose core functions include:

  1. Mining Feature: Vertus utilizes the TON blockchain and integrates with Telegram, allowing users to start mining and earn VERT tokens through simple operations. The mining process is simple and intuitive; users only need to create an account via the Vertus App on Telegram and start mining. Each time they click the ‘Claim’ button, the mined tokens will be transferred to their balance. As the storage capacity fills up, users need to regularly claim the mined tokens to maintain continuous mining.
  2. Wallet Function: Vertus provides users with a hosted TON wallet service, simplifying the management of digital currencies. With this hosted wallet, Vertus manages the private keys on behalf of the users, eliminating security concerns. This not only enhances the security of the wallet but also simplifies the entry barrier for novice users. Users can easily perform operations such as transfers and reward claims within the platform, without the need to deal with complex encryption transaction processes.
  3. Task System: In order to improve user experience and encourage interaction, Vertus has designed a simple task system. Users can complete some simple tasks to get VERT token rewards. For example, follow the official Telegram channel or invite friends to join. After completing the tasks, users can immediately receive rewards and use these tokens to improve mining efficiency or other functions.
  4. Recommendation System: Vertus also provides a recommendation system that allows users to earn rewards by inviting friends to join the platform. Whenever the invited friend successfully claims the tokens, the referrer will receive an additional 16% bonus. This method not only encourages user participation but also helps the platform expand its community influence.

How to use Vertus App

Step 1: Start the game

To start the game, pleasehttps://t.co/FVnzijrvGwEnter /start and click ‘Open App’. If the user joined via a referral link, the game window may open immediately.

Step 2: Create a wallet and understand the main functions

When using it for the first time, users need to create a wallet and understand the main functions of the application. After the creation is completed, users will see the main interface and can claim their first reward. On the main interface, users can see the following content:

  • Total Balance: represented by a treasure chest icon, displaying the funds currently owned by the user.
  • VERT Balance: displays the number of VERT tokens that the user owns.
  • Storage: Displays tokens waiting for users to claim
  • Portfolio: Quickly view all the tokens owned by the user.

Step 3: Transfer Function

After clicking the “Transfer” button, you will enter the transfer page. Users can send tokens to other addresses. Just enter the recipient’s address, select the token, enter the amount and fill in the memo. To obtain the receiving address, simply click the QR code in the upper right corner of the main interface.

Step 4: Exchange Function

After clicking the “VERT Balance” button, you will enter the exchange page, and you can also withdraw VERT tokens from the application to the wallet. There is no need to pay extra fees when withdrawing, only a small amount of TON needs to be paid as a handling fee.

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Source:https://t.co/FVnzijrvGw

Step 5: Storage and Tasks

After clicking the “Save” button, users will see the following content:

  • Collection: Click the ‘Collect’ button to add minted coins to the wallet.
  • Task: Inform users if there are any small tasks that can be completed to earn more tokens.
  • Upgrade: can enhance the ability of the token factory and accelerate the speed of token minting.
  • Friends: View the number of invited friends and their progress.

Other pages:

  • Task Page: All available tasks are listed on the task page. Regarding how to complete recommended tasks, if the user joins via a referral link, they can receive corresponding rewards.
  • Friends Page: In the Friends Page, you can view all recommended friends and their balances.
  • Upgrade options: Click on the upgrade button to see three types of upgrades and their content and price:
    • Increase passive mining speed: boost your mining efficiency at a fixed speed.
    • Increase storage space: allows you to claim coins less frequently.
    • Population Upgrade: Increase the multiple of fixed mining speed.

The Click-to-Earn concept showcased by Vertus App represents the cutting-edge thinking of cryptocurrency and online interaction, which is undoubtedly the future trend!

VERT Token Economics

The VERT token is the core token of the Vertus platform, launched on the TON blockchain in January 2025, with a total supply of 1.2 billion. As of the time of writing (January 23, 2025), the market value is $810,000. The VERT token is used for rewarding users, paying platform fees, and future governance voting. The distribution mechanism of VERT tokens is mainly based on fairness, and the current stage of token distribution is mainly through mining and task rewards. In the future, VERT tokens will become a means of payment for multiple services and operations within the platform.

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Source:https://docs.thevertus.app/token_distribution

VERT Token Distribution and Unlock:

  • Airdrop (55%): 50% TGE, 6.66% per month for the next 3 months, and 10% per month for the following 3 months
  • Liquidity (12%): 66% TGE, 3-month lock-up period, 6-month linear unlocking
  • Marketing (12%): 50% TGE, linear unlocking over 9 months
  • Team (11%): 40% TGE, linear unlocking over 3 months
  • Partner (10%): 3-month lock-up period, 6-month linear unlocking

The uses of VERT tokens include:

  • Payment Platform Fees: In the future, VERT will be used to pay for various service fees within the Vertus platform, increasing the practical usage scenarios of the token.
  • Voting Mechanism: VERT holders will be able to participate in the governance decisions of the platform, similar to the voting rights in Proof of Stake (PoS) mechanisms, giving token holders influence over the direction of the platform’s development.

Currently, the distribution of VERT tokens is mainly carried out through mining. With the development of the platform, Vertus plans to transition this stage to staking mode, where users can obtain stable rewards by holding and staking VERT tokens.

Gate.io spot has launched the VERT token, trade now:https://www.gate.io/trade/VERT_USDT

Summary

Vertus (VERT) makes cryptocurrency mining simpler, more intuitive, and fun in an innovative way. Through integration with Telegram and the TON blockchain, Vertus provides users with a barrier-free entry platform, enabling even non-technical users to easily participate in the world of cryptocurrency. With features such as hosted wallets, task systems, and referral rewards, Vertus not only simplifies the cryptocurrency user experience but also incentivizes users to collectively drive the platform’s growth through interaction and community building.

As the core asset of the Vertus platform, the VERT token will play a greater role in the future, whether as a means of payment or as a tool for participating in platform governance. With the further development of the platform, Vertus will continuously improve its ecosystem to provide users with more valuable functions and services.

Author: Molly
Reviewer(s): Edward Hwang
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.

Understanding Vertus (VERT) in one article

Beginner2/5/2025, 8:57:10 AM
Vertus is an application that enables cryptocurrency mining, management, and trading through Telegram, aiming to create a comprehensive DeFi product ecosystem. This article provides a detailed analysis of the main features of the Vertus App, how to use the Vertus App, and the VERT token economics.

What is Vertus

undefined

Source:https://docs.thevertus.app/

Vertus is an application that enables cryptocurrency mining, management, and trading through Telegram, aiming to create a comprehensive DeFi product ecosystem. Leveraging the high speed, scalability, and security of the TON blockchain, Vertus greatly simplifies the complexity of cryptocurrency operations. Its features include an easy-to-use wallet, seamless VERT mining experience, and integration with decentralized applications (DApps). Vertus aims to break down the barriers of cryptocurrencies and provide a bridge to decentralized finance for traditional users.

The main functions of Vertus App

Users can directly access the Vertus App through Telegram, whose core functions include:

  1. Mining Feature: Vertus utilizes the TON blockchain and integrates with Telegram, allowing users to start mining and earn VERT tokens through simple operations. The mining process is simple and intuitive; users only need to create an account via the Vertus App on Telegram and start mining. Each time they click the ‘Claim’ button, the mined tokens will be transferred to their balance. As the storage capacity fills up, users need to regularly claim the mined tokens to maintain continuous mining.
  2. Wallet Function: Vertus provides users with a hosted TON wallet service, simplifying the management of digital currencies. With this hosted wallet, Vertus manages the private keys on behalf of the users, eliminating security concerns. This not only enhances the security of the wallet but also simplifies the entry barrier for novice users. Users can easily perform operations such as transfers and reward claims within the platform, without the need to deal with complex encryption transaction processes.
  3. Task System: In order to improve user experience and encourage interaction, Vertus has designed a simple task system. Users can complete some simple tasks to get VERT token rewards. For example, follow the official Telegram channel or invite friends to join. After completing the tasks, users can immediately receive rewards and use these tokens to improve mining efficiency or other functions.
  4. Recommendation System: Vertus also provides a recommendation system that allows users to earn rewards by inviting friends to join the platform. Whenever the invited friend successfully claims the tokens, the referrer will receive an additional 16% bonus. This method not only encourages user participation but also helps the platform expand its community influence.

How to use Vertus App

Step 1: Start the game

To start the game, pleasehttps://t.co/FVnzijrvGwEnter /start and click ‘Open App’. If the user joined via a referral link, the game window may open immediately.

Step 2: Create a wallet and understand the main functions

When using it for the first time, users need to create a wallet and understand the main functions of the application. After the creation is completed, users will see the main interface and can claim their first reward. On the main interface, users can see the following content:

  • Total Balance: represented by a treasure chest icon, displaying the funds currently owned by the user.
  • VERT Balance: displays the number of VERT tokens that the user owns.
  • Storage: Displays tokens waiting for users to claim
  • Portfolio: Quickly view all the tokens owned by the user.

Step 3: Transfer Function

After clicking the “Transfer” button, you will enter the transfer page. Users can send tokens to other addresses. Just enter the recipient’s address, select the token, enter the amount and fill in the memo. To obtain the receiving address, simply click the QR code in the upper right corner of the main interface.

Step 4: Exchange Function

After clicking the “VERT Balance” button, you will enter the exchange page, and you can also withdraw VERT tokens from the application to the wallet. There is no need to pay extra fees when withdrawing, only a small amount of TON needs to be paid as a handling fee.

undefined

Source:https://t.co/FVnzijrvGw

Step 5: Storage and Tasks

After clicking the “Save” button, users will see the following content:

  • Collection: Click the ‘Collect’ button to add minted coins to the wallet.
  • Task: Inform users if there are any small tasks that can be completed to earn more tokens.
  • Upgrade: can enhance the ability of the token factory and accelerate the speed of token minting.
  • Friends: View the number of invited friends and their progress.

Other pages:

  • Task Page: All available tasks are listed on the task page. Regarding how to complete recommended tasks, if the user joins via a referral link, they can receive corresponding rewards.
  • Friends Page: In the Friends Page, you can view all recommended friends and their balances.
  • Upgrade options: Click on the upgrade button to see three types of upgrades and their content and price:
    • Increase passive mining speed: boost your mining efficiency at a fixed speed.
    • Increase storage space: allows you to claim coins less frequently.
    • Population Upgrade: Increase the multiple of fixed mining speed.

The Click-to-Earn concept showcased by Vertus App represents the cutting-edge thinking of cryptocurrency and online interaction, which is undoubtedly the future trend!

VERT Token Economics

The VERT token is the core token of the Vertus platform, launched on the TON blockchain in January 2025, with a total supply of 1.2 billion. As of the time of writing (January 23, 2025), the market value is $810,000. The VERT token is used for rewarding users, paying platform fees, and future governance voting. The distribution mechanism of VERT tokens is mainly based on fairness, and the current stage of token distribution is mainly through mining and task rewards. In the future, VERT tokens will become a means of payment for multiple services and operations within the platform.

undefined

Source:https://docs.thevertus.app/token_distribution

VERT Token Distribution and Unlock:

  • Airdrop (55%): 50% TGE, 6.66% per month for the next 3 months, and 10% per month for the following 3 months
  • Liquidity (12%): 66% TGE, 3-month lock-up period, 6-month linear unlocking
  • Marketing (12%): 50% TGE, linear unlocking over 9 months
  • Team (11%): 40% TGE, linear unlocking over 3 months
  • Partner (10%): 3-month lock-up period, 6-month linear unlocking

The uses of VERT tokens include:

  • Payment Platform Fees: In the future, VERT will be used to pay for various service fees within the Vertus platform, increasing the practical usage scenarios of the token.
  • Voting Mechanism: VERT holders will be able to participate in the governance decisions of the platform, similar to the voting rights in Proof of Stake (PoS) mechanisms, giving token holders influence over the direction of the platform’s development.

Currently, the distribution of VERT tokens is mainly carried out through mining. With the development of the platform, Vertus plans to transition this stage to staking mode, where users can obtain stable rewards by holding and staking VERT tokens.

Gate.io spot has launched the VERT token, trade now:https://www.gate.io/trade/VERT_USDT

Summary

Vertus (VERT) makes cryptocurrency mining simpler, more intuitive, and fun in an innovative way. Through integration with Telegram and the TON blockchain, Vertus provides users with a barrier-free entry platform, enabling even non-technical users to easily participate in the world of cryptocurrency. With features such as hosted wallets, task systems, and referral rewards, Vertus not only simplifies the cryptocurrency user experience but also incentivizes users to collectively drive the platform’s growth through interaction and community building.

As the core asset of the Vertus platform, the VERT token will play a greater role in the future, whether as a means of payment or as a tool for participating in platform governance. With the further development of the platform, Vertus will continuously improve its ecosystem to provide users with more valuable functions and services.

Author: Molly
Reviewer(s): Edward Hwang
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
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