The VeloLedger is an Ethereum Decentralized Application that enables bicycle lovers to register their most loved item on the Blockchain. Once registered, they will receive a unique cryptotoken called the VELO that is attached to the serial number of their bicycle.
Each VELO token has a landing page that displays the serial number and current Ethereum address assigned to that token. Each token is controlled by the user and can be transferred to other users.
The VeloLedger is one of the world’s first open register for cyclists to be built on blockchain technology—the same breakthrough that makes things like Bitcoin and Ethereum possible. Bitcoin and Ether are cryptocurrencies but the VELO token is a cryptocollectible. You can buy, sell, or trade your VELO token like it was a traditional collectible, secure in the knowledge that blockchain will track ownership securely.