Vention (VENTION) positions itself as a digital platform designed to empower artists by providing a marketplace for creating, trading, and collecting digital merchandise. Unlike some broader NFT platforms, Vention explicitly prioritizes artistic merchandise, collectibles, and memorabilia. This focus aims to address the challenges new artists face in gaining visibility and selling their limited-edition digital creations.
The platform also supports the bundling of physical art with original NFTs, allowing sellers to offer sculptures, paintings, and other tangible works alongside their digital counterparts. Vention's stated goal is to become an internationally recognized, artist-focused marketplace, initially targeting local artists before expanding its reach globally.
VENTION is the native utility token of the Vention network. It is an ERC-20 token that operates on the Binance Smart Chain (BSC) and is integral to the ecosystem. All core transactions within the Vention platform, including NFT creation, trading, buying, and selling, are facilitated using VENTION tokens. This utility model aims to create demand for the token as the platform's activity grows.
The current market data for VENTION presents a unique and critical set of insights for potential traders and investors. A reported price of $0.00, coupled with a $0.00 market cap and 0 circulating supply, indicates either an asset that is not actively trading, has negligible value, or whose market data is not fully captured or updated. This situation demands extreme caution.
The 24-hour trading volume of $32.99 is exceptionally low. Such minimal volume suggests profound illiquidity, meaning there are very few buyers and sellers actively participating in the market. For an investor, this implies that even small buy or sell orders could significantly impact the price, making it difficult to enter or exit positions without substantial slippage. Price discovery in such a market is highly inefficient, and the reported price may not reflect a true consensus value.
The existence of an All-Time High (ATH) of $0.0172, despite the current $0.00 price, suggests that VENTION did experience some trading activity and value at an earlier point. The discrepancy between the ATH and the current price, combined with zero circulating supply, warrants thorough investigation into the project's current status, token distribution, and market availability. Traders should verify if the token is genuinely available for purchase and if the reported data accurately reflects its current state on major exchanges.
General guidance for assets with such characteristics: Always prioritize verifying the project's active development, community engagement, and the actual availability of the token on reputable exchanges. Extreme illiquidity and a $0.00 market cap often signal significant risks, including potential project abandonment, lack of adoption, or data reporting issues.
Understanding an asset's liquidity structure provides insight into how its tokens are distributed and managed, which can impact market stability and price. It reveals how much of the total supply is available for trading, held by the team, reserved for development, or locked away. This breakdown helps assess potential selling pressure, long-term commitment from the project team, and the overall health of the token's ecosystem.
For VENTION, the tokenomics detail specific allocations for various purposes, including treasury, token sales, burning, team, liquidity, and emergency funds. Analyzing these percentages helps to gauge the project's financial planning and its approach to managing token supply over time.
Price history charts provide a visual representation of an asset's performance over various timeframes. For VENTION, with a reported current price of $0.00 and 0% change over 24 hours, the historical performance would likely show minimal or no movement. However, in a typical scenario, these charts allow investors to identify trends, volatility, and significant price events.
Key metrics derived from price history include the asset's all-time high (ATH) and all-time low (ATL), which mark the extreme points of its value. Analyzing these points in conjunction with trading volume can offer insights into periods of high interest or significant selling pressure. For VENTION, the reported ATH of $0.0172 suggests that the asset did experience a period of higher valuation, which contrasts sharply with its current reported price. This divergence is a critical point for further research.
Factors influencing price history include overall market sentiment, project development milestones, adoption rates, regulatory news, and macroeconomic conditions. For a project like Vention, specifically focused on an NFT marketplace, the broader trends in the NFT sector and digital art market would also play a significant role in its token's valuation.
Past performance is not an indicator of future results. The value of VENTION can go down as well as up.Vention (VENTION) is a digital platform dedicated to the creation, trading, and collection of digital merchandise, with a strong emphasis on artistic NFTs, collectibles, and memorabilia. The platform aims to provide a dedicated marketplace where artists can showcase and sell their unique digital creations, including the option to bundle physical art with corresponding NFTs.
The project seeks to address the challenges faced by emerging artists in gaining recognition and monetizing their work in the digital space. Vention's strategy involves initially attracting local artists and then expanding its reach to become an international, artist-focused marketplace.
The native utility token, VENTION, is an ERC-20 standard token deployed on the Binance Smart Chain (BSC). It powers the entire Vention ecosystem, facilitating all key transactions such as NFT minting, buying, selling, and trading within the marketplace.
Vention was founded by Julius O. Santillan, who is described as a crypto trader and entrepreneur. The project's whitepaper outlines its vision and operational framework, including the tokenomics and distribution strategy for the VENTION token.
Vention (VENTION) is a specialized NFT marketplace designed to support artists by facilitating the creation, trade, and collection of digital art and merchandise. It aims to provide a platform for both digital and physical art bundled with NFTs, focusing on empowering new artists globally. The VENTION token, an ERC-20 asset on Binance Smart Chain, is central to all transactions and activities within its ecosystem.
VENTION is an ERC-20 token that operates on the Binance Smart Chain (BSC). This means it adheres to the technical standard for tokens on the Ethereum blockchain but is deployed and functions within the BSC ecosystem, leveraging its lower transaction fees and faster processing times.
To interact with VENTION tokens, users would typically need a compatible wallet that supports BSC, such as MetaMask configured for BSC, or Trust Wallet. The specific contract address for VENTION on the Binance Smart Chain is Not publicly confirmed. Investors should always verify the correct contract address on official project channels or reputable block explorers like BscScan before engaging in any transactions to avoid scams or interacting with incorrect tokens.
The reported market behavior for VENTION, characterized by a $0.00 price, $0.00 market cap, and 0 circulating supply, indicates an extremely illiquid or potentially inactive market. This data suggests that the token may not be actively traded on major public exchanges, or that its value has diminished to a point where it is effectively zero. The minimal 24-hour trading volume of $32.99 further reinforces this assessment, highlighting a severe lack of market depth.
For an asset to have a $0.00 market cap while also having an All-Time High (ATH) of $0.0172, it implies a significant depreciation in value since its peak. This could be due to various factors, including a lack of project development, failure to gain user adoption, changes in market sentiment, or issues with liquidity provision. The reported 0 circulating supply is particularly unusual and warrants immediate investigation, as it suggests that no tokens are currently available for public trading or that the data is incomplete.
Investors considering VENTION should exercise extreme caution. Such market conditions typically point to high risk, including the possibility of the project being dormant or abandoned. It is crucial to verify the project's current status, recent announcements, and the actual availability of tokens on decentralized exchanges (DEXs) like PancakeSwap, where its liquidity is reportedly allocated. Without active trading and a verifiable circulating supply, price discovery is non-existent, and any investment would be highly speculative.
Vention (VENTION) is a digital platform and marketplace focused on artistic merchandise, collectibles, and memorabilia. It aims to empower new artists by providing a space to create, trade, and collect digital art, including the option to bundle physical art with NFTs. The platform's native token, VENTION, facilitates all transactions within its ecosystem.
Vention was founded by Julius O. Santillan, who is described as a crypto trader and entrepreneur.
The VENTION token is the native utility token of the Vention network. It is used to fuel the ecosystem, facilitating all transactions on the platform, including NFT creation, trading, buying, and selling of digital merchandise.
In Vention's tokenomics, 'burning' a coin refers to the intentional act of transferring a token to an unspendable address, effectively removing it from circulation permanently. This process is often used to reduce the total supply of a token, which can, in theory, increase its scarcity and value over time.
The tokenomics of VENTION outline a total supply of 1,000,000,000 VENTION tokens, distributed across several key categories to support the project's development, operations, and market liquidity. Understanding this distribution is crucial for assessing the token's supply dynamics and potential future selling pressure.
The reported circulating supply of 0 VENTION, despite a detailed tokenomics breakdown, suggests that either the tokens are not yet fully released into the market, or the data reflects a state of extreme illiquidity where no tokens are actively being traded or held by the public in a measurable way. This discrepancy is a major point of concern for market participants.
When evaluating Vention, it's useful to consider other assets that share similar characteristics, particularly in terms of market capitalization or sector focus. The provided comparable assets include Drip Network, Realm, and Enjinstarter. These assets are typically identified as comparables due to having a similar market capitalization to VENTION, although with VENTION's reported $0.00 market cap, this comparison primarily highlights projects that are either very early stage, highly illiquid, or have a very small market footprint.
While these projects may differ significantly in their specific utility and target audience, their inclusion as comparables suggests they operate within a similar risk/reward profile or market segment as VENTION, particularly concerning their current market valuation. For investors, comparing VENTION to these assets would involve looking at their respective use cases, community engagement, development roadmaps, and liquidity profiles to understand the broader landscape of small-cap or emerging crypto projects. Given VENTION's current market data, a key aspect of comparison would be to assess the viability and activity levels of these other projects relative to VENTION's reported status.
Investing in Vention (VENTION) carries a range of significant risks, particularly given its current reported market data. Potential investors should be acutely aware of these factors:
Due diligence is paramount. Investors should verify the project's current status, team activity, community engagement, and actual market availability of the token on reputable platforms before considering any investment.
The data provided for Vention (VENTION) includes its current price ($0.00), 24-hour change (0.00%), market cap ($0.00), 24-hour trading volume ($32.99), All-Time High ($0.0172), circulating supply (0 VENTION), and total supply (1,000,000,000 VENTION). Additionally, detailed tokenomics distribution (treasury, token sale, burned, team, liquidity, emergency), a project description, and the founder's name were provided.
However, several critical pieces of information are missing or present significant ambiguities:
The absence of a clear timestamp and the highly unusual market data (zero market cap, zero circulating supply, but a past ATH) significantly limit confidence in the asset's current market viability and the completeness of the information. It is imperative to verify the project's current operational status, the actual availability of tokens for trading, and the accuracy of the circulating supply figure through independent research on blockchain explorers and official project channels. Without this, any investment decision would be based on highly incomplete and potentially misleading information.
Use this tool to convert VENTION to other currencies. Enter the amount of VENTION you wish to convert:
Note: Due to VENTION's current reported price of $0.00, any conversion will also show $0.00. This calculator is for illustrative purposes and would reflect live prices if available.
Vention (VENTION) is an NFT marketplace aiming to support artists by providing a platform for digital merchandise and collectibles, including physical art bundled with NFTs. Its native token, VENTION, an ERC-20 token on Binance Smart Chain, facilitates all platform transactions. While the project outlines a clear vision and tokenomics, current market data shows a $0.00 price, $0.00 market cap, and 0 circulating supply, indicating extreme illiquidity or potential inactivity, which warrants significant caution and further investigation.
Assets that are considered similar to Vention (VENTION) are typically identified based on factors such as market capitalization, sector (e.g., NFT, DeFi, metaverse), or underlying blockchain technology. Given VENTION's reported $0.00 market cap, comparables often include other very small-cap, early-stage, or highly illiquid projects.
Based on available information, assets like Drip Network, Realm, and Enjinstarter are mentioned as having similar market caps. While their specific functionalities differ, they represent projects within the broader crypto ecosystem that may share characteristics of emerging or niche markets.
For investors, comparing VENTION to these assets would involve evaluating their respective project roadmaps, community engagement, liquidity, and the overall health of their ecosystems. This comparison helps to contextualize VENTION's position within the market and assess the typical risks and opportunities associated with projects of similar scale or stage.