Well Veltor was a scam, the original dev (John Connor) ditched out, and the remaining devs tried to salvage it but were wholly unprepared. It's just a classic scam and clusterfuck.
No wonder i have not heard about this coin and the lead developer walking off in the middle of the project is just crazy and when you look at yobit you could see many projects like these who are dead or doomed to be dead in a pretty short period of time as they are compiled to make some quick cash and scam innocent traders,so avoid all these shit coins.