Token Utility: 

VELO tokens are utility tokens designed to transfer value on the Velo network and ensure stable settlement. The VELO token’s utility lies in its double feature as both collateral and as an entrance requirement to the Velo Ecosystem.

Website: https://www.velo.org/
Twitter: https://twitter.com/home
Telegram: https://t.me/veloprotocol
Whitepaper: https://assets-global.website-files.com/63cd21f2067fe76124929ff0/659e16711904782bf4be8558_Velo%20Litepaper%20v7.pdf

Positive Notes:

– Trustless financial infrastructure for crypto payments and smart contracts.
– Fractional transactions, making investments more flexible.
– Financial inclusivity with borderless transfers.
– Web3+ powered infrastructure for global movement of funds.
– Quantum remittance network for faster, cheaper transfers.
– Multi-chain super DEX (Universe) for asset trading.
– Affordable universal blockchain (Nova Chain).
– Crypto super app (Orbit).
– Innovation and roadmap for continued growth.
– First-time right approach for robustness.

Negative Notes: 

– Dependency on DeFi adoption and regulatory landscape.
– Competition in a crowded market.
– Down 99% from its All time high
– Down 59% from its IDO price

Velo’s Web 3+ ecosystem promises innovative finance solutions, though challenges like DeFi adoption and regulatory hurdles persist. Its VELO token serves dual utility, enhancing network stability and access. The team is still continue to build even when the price dumps they are still active, the trading volume is not that bad. I think its a low risk we can invest only small amount $1-2k USD