#VeChain received a certificate from the China Association for Standardization, a body under the State Council, for our major contributions to the T/CAS 493-2021 Standard for household electrical equipment.
Our #blockchain tech is becoming the industry standard. $VET $VTHO
This week's crypto review is one of our favourites: VeChain $VET.
VeChain is a logistics blockchain platform aiming to revolutionize supply chain management and business processes. The chain has 2 coins, $VET and $VTHO, the former used for powering the network.
Let's dig in⤵️
How does it work?
Vechain streamlines businesses processes by assigning a unique QR code to each item which then enters the system.
It will allow tracking for authenticity, quality, storage and transportation info.
It is then easy to constantly monitor your products.
VeChain has a limited supply.
The supply is capped at 86.7 billion coins which have all been minted.
Consequently, the price of $VET can see astronomical growth over the years as money flows from prospective contracts.
Role of $VTHO
We stated before that its purpose was to power VeChain, acting as Gas on $ETH.
The second token of VeChain is used to pay for transactions on the blockchain. Holders of $VET also automatically receive VTHO as a reward.
What's ahead for $VET?
-Updates on more contracts reveal to further prove its widespread adoption.
- Carbon credit updates. The announcement was made in August and we believe could be an important catalyst.
We are long $VET.
This thread was not an incentive to buy or sell.
In her sixth day in VIMworld, Aje pauses atop a great volcano to survey the land. The lava pool below her sputters:
"VIMenergy protectors,
we sense your efforts and pride.
Ancient deities applaud you,
in prosperity you shall reside".
There are just 3 x ultra rare SX Titan 💪 VIMs / #NFTs in the entire @VIMworldGlobal metaverse. Over the past 4 days each one has been airdropped in excess of $3700 USD💰 worth of $veed . Does your #NFTCommunity get that return?
https://t.co/4ZgoTSP364 does🤑
On day five, Aje passes shimmering seas. As she does, the waves call out her:
“Hoarders of VIMenergy, your efforts must sustain, if it is blessings sought; gifts from my domain. Dedication, valor; traits you should maintain - if it is the wealth I bring you soon wish to obtain”.
Are you ready?!
The Halloween Edition Bone Maiden Headrush VIMdispenser event kicks off 28 Oct. 8AM PT (15:00 UTC)!
These events provide the opportunity to scoop up rare and ultra-rare VIMs!
Stay tuned as we unveil who will join Bone Maiden for her debut this week! #NFT