VANBEX LABS’ FUEL TO BE LISTED ON AUSTRALIAN NAUTICUS EXCHANGE

. 2 min read

FEBRUARY 14, 2019
VANCOUVER, CANADA -- Vanbex Labs (formerly known as Etherparty Smart Contracts, Inc.) is excited to announce a partnership with Nauticus, an AUSTRAC registered exchange that will offer 100 crypto and 6 fiat currencies. With this partnership, the company’s native platform cryptocurrency, FUEL, will be made available to an even wider network of customers.

FUEL is the central asset that powers all of Vanbex Labs’ smart contract products. The company is building easy-to-use, versatile and intuitive smart contract solutions to catalyze a wider adoption of blockchain in various industries. Rocket is the first smart contract-based product launched on the Vanbex Labs platform, focusing on making token launches efficient and reliable. The end-to-end solution, currently designed for utility token-based projects, will soon have the option to deploy security tokens in the next phase. This new feature will be called the Real Security Token Standard or "RSTS". As the team works on a more diverse pipeline of smart contracts, the use of FUEL will likely expand, and therefore highlights the need for exchange partnerships.

“We are proud to be working with the Nauticus Exchange and their team.” said Vanbex CEO, Kevin Hobbs. “This partnership introduces our Rocket platform to even more potential users around the world, and increases the utility of FUEL.”

"One of the reasons we founded the exchange was so that we could help support innovative blockchain companies and Vanbex Labs is a fascinating project with incredible potential". Nauticus CEO Bryan Ng also adds. "We are extremely delighted to add FUEL to our exchange."

Nauticus Exchange will list the FUEL token towards the middle of this year.

ABOUT VANBEX LABS
Vanbex Labs is working to enable a connected and inclusive world by building easy-to-use, versatile and intuitive smart contract solutions. The crowdfunding application, Rocket, is the first product in a line of blockchain solutions to be deployed by the Vancouver, B.C.-based technology company. Vanbex Labs welcomes community members and interested parties looking to explore smart contract usability to purchase FUEL and try out Rocket. Visit vanbex.com and etherparty.com for more information.

For media inquiries, please contact: Linda Peng, PR Manager, Vanbex, [email protected]