Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (2024)

  • Client Name: Vega Protocol, a company that enables you to trade and create derivatives on a fully decentralised network
  • Agency: Big Fan
  • Typeface Name: Alpha Lyrae
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (1)

The Genesis of Vega Protocol’s Brand Transformation

Client Overview: Vega Protocol aims to revolutionize the world of financial derivatives by creating a fully decentralized network where people and businesses have unfettered access. As a trailblazing force in the DeFi space, Vega aims to be open-source and community-driven. With ambitions to enable a wide range of liquid derivatives markets, Vega faces stiff competition from names like Injective Protocol, Serum, and DerivaDEX.

Target Audience: Vega’s target audience ranges from professionals to those who’ve been previously shut out of the derivatives market, all sharing the desire for a more equitable financial system. Why a Custom Typeface? In line with their ethos of open-source and community-driven initiatives, Vega Protocol aimed to own a custom typeface. The move was not just an aesthetic decision but a strategic one. The project had two-fold objectives: to subtly refresh the existing brand elements and to contribute this typeface back to the community as an open-source asset.

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (2)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (3)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (4)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (5)

Meeting the Dual Objectives of Brand Consistency and Community Engagement

Design Brief

Vega Protocol aspired to own a Helvetica-inspired sans-serif typeface, with the additional requirement for it to morph into a pixelated version. This pixelated version aimed to symbolize Vega’s cutting-edge, disruptive ethos. Special characters tailored to the crypto and financial world were also requested, pushing the boundaries of what a typical typeface includes.

Competitive Landscape

Competition in the DeFi space is cutthroat. Vega’s competitors like Injective Protocol and Serum are built on layer-2 solutions and are less flexible. Vega wanted to differentiate itself by being fully decentralized and open-source, making it crucial for their typeface to reflect these values.

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (6)

Crafting Alpha Lyrae, a Typeface as Rebellious as it is Reliable

Design Approach: We have presented two main creative directions for the Sans serif font

  • Edginess: A style capturing Vega’s disruptive, cutting-edge ethos, emphasizing angularity and openness.
  • Directness: A style highlighting Vega’s straightforward, community-driven mission, focusing on simplicity and readability.
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (7)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (8)

The client opted for the “Edginess” approach, aligning it perfectly with their disruptive attitude towards the financial systems of old.

Additional Features

Our team introduced dynamic capabilities into the font. Stylistic pixel alternates were programmed to replace specific glyphs, allowing for rich, dynamic text compositions. The font was designed to work seamlessly across print, web, and Adobe software.

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (12)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (13)

Community Engagement

Living true to their community-driven ethos, Vega Protocol engaged their Discord community in a naming competition. The chosen name was Alpha Lyrae, after Vega’s astronomical namesake, reflecting both its aspirations and its grounding in community input.

Navigating Challenges: From Design Iterations to Technical Features

Unique Design Forms

The first challenge was balancing the dual objectives of brand consistency and the pixelated variant. This was achieved through detailed design iterations and feedback loops with both the client and Fontfabric’s design team.

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (14)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (15)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (16)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (17)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (18)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (19)

Font Programming

The second major hurdle was to program all stylistic alternates to achieve rhythmic text appearance. A deep dive into Open Type features and linguistic data ensured that the font reflected Vega Protocol’s ethos and functioned automatically across various platforms.

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (20)
Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (21)

The Typeface that Transformed Vega Protocol

The final product, Alpha Lyrae, stands as a testament to Vega’s disruptive and community-driven approach. The client heavily relies on the typeface as a pillar of their visual identity, and it serves its multifaceted purpose admirably.

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (22)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (23)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (24)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (25)

Hear It from Vega

One of the biggest challenges was that we were asking for a solution that didn’t feel too far removed from what the brand currently used, but Fontfabric were able to bring ideas that allowed us to create something truly ownable, yet transition from what came before perfectly.

We now have an amazing OPEN SOURCE typeface that the world can enjoy. The technical aspects to it also were truly outside-the-box thinking, perfectly tailored to what we wanted the font to do.

David Robinson
Creative Director – Big.fan/VEGA Protocol

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (26)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (27)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (28)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (29)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (30)

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (31)

Alpha Lyrae’s Transformative Impact on the Vega Brand

Alpha Lyrae is not just a typeface; it’s a manifestation of Vega Protocol’s vision to be a leader in the DeFi space and a resource for its community. It’s an exemplar of how design can play a pivotal role in communicating a brand’s mission and vision. As Vega Protocol moves forward, Alpha Lyrae will continue to be a significant part of its journey, echoing its ethos of fairness, community engagement, and revolutionary thinking in every character.

Browse all Fontfabric font case studies.

Are you looking for a custom typeface?

Drop us a line at: contact@fontfabric.com

Vega Protocol Custom Typeface: Elevating Open Source Branding in the Decentralized Finance Sector - Fontfabric™ (2024)

FAQs

What is the Vega protocol? ›

Overview. Vega Protocol is a decentralized exchange for futures and perpetuals, offering cash-settled trading options on its Alpha Mainnet.

Is fontfabric safe? ›

Fontfabric will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this privacy policy. All information you provide to Fontfabric is stored on secure servers.

What is Vega in finance? ›

Vega is the measurement of an option's price sensitivity to changes in the volatility of the underlying asset. Vega represents the amount that an option contract's price changes in reaction to a 1% change in the implied volatility of the underlying asset.

What is Vega risk? ›

Vega measures the risk of changes in implied volatility or the forward-looking expected volatility of the underlying asset price. While delta measures actual price changes, vega is focused on changes in expectations for future volatility.

Is Fontfabric free? ›

Yes. You can use some free, retail, and demo Fontfabric fonts in logos for personal and commercial use, but not each and all Fontfabric font products. Trial fonts are to be used in logos for personal use only. Also, we would love to see your work.

What happens if you use a font without a license? ›

Font Infringement and Enforcement

However, if a font is copyright protected, then copyright owners can sue companies and others who use that font without a license for copyright infringement, and a finding of copyright infringement can result in substantial liability.

How much does a font license cost? ›

It depends of the font. Some are 100% free, some font families give only a part of their fonts free, and some will need you to pay to have. But so far, I never saw a font that cost more than 200 US$ for one use. Generally, most of the pay font are between 20 and 70 US$ for one commercial use licence.

What is the price prediction for the Vega protocol? ›

Vega Protocol Price Prediction 2024

Technical analysis showed that Vega Protocol is expected to range between $0.07273 and $0.80003, with the average price of $0.7273 in 2024. That being said, if you buy Vega Protocol at the current price of $0.69321, the potential ROI for you in 2024 is +4%.

How much is the Vega token worth? ›

The current price is $0.60 per VEGA with a 24-hour trading volume of $319.64K.

What is Vega in options with an example? ›

Vega is the Greek that measures an option's sensitivity to implied volatility. It is the change in the option's price for a one-point change in implied volatility. Traders usually refer to the volatility without the decimal point. For example, volatility at 14% would commonly be referred to as “vol at 14.”

What is the Vega protocol in crunchbase? ›

Vega Protocol is a technology protocol for fully automated end-to-end financial product trading and execution.

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