"Ven"
Ven values nature.
About
Ven is a global digital currency developed by Hub Culture, designed for stable, secure, and environmentally conscious transactions. Ven stands out with a unique pricing model tied to a basket of currencies, commodities, and carbon futures. It’s used within the Hub Culture ecosystem for peer-to-peer transfers, digital asset purchases, and access to services across Pavilions, marketplaces, and media.
Client's Request
The client approached us with the task of strengthening the digital foundation of Ven, ensuring it could be seamlessly integrated into the growing Hub Culture platform and ecosystem. They needed to:
- Enable fast, secure wallet transfers between users via email or HubID;
- Integrate Ven as a payment method for services and digital content across the network;
- Ensure stable performance of transactions and wallet management features;
- Support Ven’s carbon-based model, connecting financial and environmental data streams;
- Lay the groundwork for further integration into NFT, crypto, and tokenized asset marketplaces.
Here’s What We Did
We worked closely with the client to connect Ven's backend logic with the broader Hub Culture platform and improve wallet functionality across services.
Here's what we implemented:
- Wallet system development: Built user-friendly tools for sending, receiving, and managing Ven balances
- Pending transfer flow: Designed a mechanism where users without an account can receive Ven after signing up
- Transaction engine integration: Connected Ven value calculations to real-time financial data feeds, enabling dynamic pricing
- Secure wallet management: Applied encryption methods and ensured connections with the underlying banking systems holding Ven reserves
- Platform-wide payment logic: Integrated Ven as the core method of payment across Hub Culture features, including news, memberships, hotels, and Pavilions
Here’s the Result
The updated Ven infrastructure became a reliable and seamless part of the broader Hub Culture experience. Users can transfer currency with a few clicks, even to non-members, and use Ven to unlock premium content, book hotels, and participate in digital commerce. The dynamic pricing system linked to real-world markets operates smoothly, while environmental goals are quietly advanced behind every transaction.
Thanks to our expertise at DevIT, Ven now functions as a real, usable digital currency, supporting not just financial convenience, but also innovation and sustainability within the ecosystem.
Who worked on it:
Project Manager;
Tech Lead;
Full-stack developer;
Quality Assurance;
Industry
FintechSystem type
Blockchain-based systemTime to release
4 monthsBillable hours
800 hr