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Al-Driven Crypto Investment Research Revolution

VeChain

$0.022320.13%
VET/USDT
BINANCE
Total dollar volume:
Market Cap:
FDV:
Turnover rate:
News
Tweets
Research
Pairs
Transaction
From Official
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1 Million users! A massive congrats to @greencart_vet for hitting such a major milestone👏Earn rewards for eating healthily, by reducing food waste or even paying with a card vs physical cash.Tokenization with real world utility - powered by the VeBetter ecosystem.$VET https://t.co/NkDAiSQN9K
#Layer1
$VET
vechainofficial
7 hours ago
📢 STARGATE STAKING GOES LIVE ON JULY 1ST, WITH X-NODES UNLOCKING REWARD MULTIPLIERS UP TO 5.0x! 🏆 StarGate delivers new staking infrastructure to VeChain, powering greater rewards and expanded Node tiers providing more opportunities to participate. Staked X-Nodes benefit from increased protocol rewards: - VeThor X (600K VET): 2.0x multiplier - Strength X (1.6M VET): 3.0x multiplier - Thunder X (5.6M VET): 4.0x multiplier - Mjolnir X (15.6M VET): 5.0x multiplier With StarGate and VeChain Renaissance, the protocol works for YOU. Stake, secure and decentralize the blockchain, and get rewarded for your contribution!🚀 IMPORTANT: From June 24th - X-Nodes will no longer be upgradeable. X-Node upgrades initiated before this date will complete without issue. Prepare your position before tiers are locked!
#Layer1
$VET
vechainofficial
9 hours ago
Take part now for your chance to earn $100 in $B3TR, powered by https://t.co/17QkKNoX5I
$VET
$B3TR
vechainofficial
6 days ago
Go get your share, and experience how RWA is changing the world for $B3TR!
$VET
$RWA
$B3TR
vechainofficial
6 days ago
This week, the VeChain team will visit Expo 2025 in Japan, where San Marino Innovation is showcasing VeBetter and @GreenAmbChal on one of the world’s most influential tech stages. To celebrate, we're opening the Green Ambassador Challenge globally for a limited time - with a chance to win $100 in $B3TR! Experience the power of abstracted blockchain - social logins, no gas fees, zero seed phrases. This is blockchain built for mass adoption! Follow the link, and try it out: https://t.co/O8DJkQtfry
#Layer1
$VET
vechainofficial
7 days ago
The first VeBetter grant is live! Cast your votes, and decide who YOU want to unlock funding for. The power is in your hands, VeFam. https://t.co/DLXHGmQNnB
$VET
vechainofficial
7 days ago
DePIN Madness is LITERALLY Breaking the Internet 🤯 Hold up, hold up... still asking yourself why your backyard needs this Marco thing (yes, it'll make your neighbors think you're some kind of tech genius): ✨ 100% B3TR Rebate - Almost filled ✨ Weekly B3TR Mining via @VechainOfficial ✨ Early access to upcoming airdrop 👀 Anon... you're gonna make it, but only if you're not too late 📈 https://t.co/JlfLKUbygt
$B3TR
$VET
nubilanetwork
11 days ago
Rising Stars in the Crypto Market 2025: Coldware Hardware Ecosystem and Price Outlook for BNB and VeChain
#DeFi
$BNB
$MAG7.SSI
$VET
CryptoDaily
11 days ago
THREE NEW ECO NODES - STARTING AT JUST $10,000 VET!Renaissance makes participation easier than ever with three new accessible Node tiers.These tiers bring staking rewards within reach for the entire VeFAM community and create a stronger network foundation with enhanced economic stability and security.The new tiered structure creates clear entry points:- Dawn Node: $10,000 VET (1.0x rewards)- Lightning Node: $50,000 VET (1.15x rewards)- Flash Node: $200,000 VET (1.3x rewards)VET holdings not fitting neatly into tiers? No problem – combine multiple Nodes to put your entire stack to work and maximize VTHO rewards.Find your perfect entry point and earn extra rewards when StarGate launches July 1st!
#Layer1
$VET
vechainofficial
11 days ago
$VET Staking Now Live on Bitrue Launchpool!Users can stake $VET to earn $B3TR tokens as part of a shared rewards pool of over 82k $B3TR.Enter now: https://t.co/lkqavGApy2 https://t.co/DxckH02b1O
#DeFi
$VET
$B3TR
vechainofficial
11 days ago
When development activity surges by +510%, it's not just code—it's conviction 📈 @vechainofficial continues to prove that real-world utility drives real growth. From sustainability rewards with B3TR to enterprise adoption, VeChain is building the infrastructure that actually matters. At @nubilanetwork, we're proud to contribute to this ecosystem with our weather-focused DePIN Infra 🙌
#DeFi
$B3TR
$VET
nubilanetwork
11 days ago
VeChain’s Hidden Power: VET Could Be A Crypto Giant By 2030 #Bitcoin #cryptocurrecy #CryptoNews #cryptomarket #binance #TheBitTimes https://t.co/bbrrSFeALf
#Layer1
$BTC
$VET
thebittimescom
13 days ago
Top 5 #Altcoins Set for 10x Gains in 2025? With #Bitcoin dominance peaking, #altcoin season may be next. #VeChain, #Solana, #Kaspa, #Render, and #Stacks are primed to explode. https://t.co/FZvLTuksPy
#Bitcoin
$BTC
$SOL
$VET
CoinpediaNews
13 days ago
Smart capital is moving — not away from risk, but toward real solutions. VeBetter is a live thesis, not a future roadmap. @nubilanetwork is just one example of what real-world infrastructure looks like in action. $VET
$VET
vechainofficial
13 days ago
https://t.co/pghgTWL9wg
$VET
vechainofficial
14 days ago
Earn $B3TR by doing Better! Tokenize your daily actions and get rewarded for improving the lives of people and planet: https://t.co/PaotvzaNgZ
$VET
vechainofficial
15 days ago
A million users for @mugshot_vet, 1 Million actions a week on VeBetter - things are getting exponential!
#SocialFi
$VET
vechainofficial
15 days ago
Cardano and VeChain Rebound, Coldware Attracts Attention with Ecosystem Development
#Layer1
$ADA
$VET
CryptoDaily
16 days ago
Unilabs Finance (UNIL) attracts attention with a 30% weekly increase, poised to surpass VeChain and Cardano
$ADA
$VET
CryptoDaily
17 days ago
The Biggest DePIN Mania is Here 🔥 Not 1, Not 2. We’ve got 4x reasons to own a Marco device: ✔️ 100% B3TR Rebate (📸 Snapshot: May 31) ✔️ Weekly B3TR Mining via @VechainOfficial ✔️ Dual Mining with @iotex_io – earn $IOTX too! ✔️ Early access to upcoming airdrop 👀 You’re not too late — but almost. https://t.co/JlfLKUbygt
#DeFi
$B3TR
$VET
nubilanetwork
17 days ago
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution
Scan QR Code to Explore more key information

VeChain

VET

News
Tweets
Research
Pairs
Transaction
From Official
View All News
1 Million users! A massive congrats to @greencart_vet for hitting such a major milestone👏Earn rewards for eating healthily, by reducing food waste or even paying with a card vs physical cash.Tokenization with real world utility - powered by the VeBetter ecosystem.$VET https://t.co/NkDAiSQN9K
#Layer1
$VET
vechainofficial
7 hours ago
📢 STARGATE STAKING GOES LIVE ON JULY 1ST, WITH X-NODES UNLOCKING REWARD MULTIPLIERS UP TO 5.0x! 🏆 StarGate delivers new staking infrastructure to VeChain, powering greater rewards and expanded Node tiers providing more opportunities to participate. Staked X-Nodes benefit from increased protocol rewards: - VeThor X (600K VET): 2.0x multiplier - Strength X (1.6M VET): 3.0x multiplier - Thunder X (5.6M VET): 4.0x multiplier - Mjolnir X (15.6M VET): 5.0x multiplier With StarGate and VeChain Renaissance, the protocol works for YOU. Stake, secure and decentralize the blockchain, and get rewarded for your contribution!🚀 IMPORTANT: From June 24th - X-Nodes will no longer be upgradeable. X-Node upgrades initiated before this date will complete without issue. Prepare your position before tiers are locked!
#Layer1
$VET
vechainofficial
9 hours ago
Take part now for your chance to earn $100 in $B3TR, powered by https://t.co/17QkKNoX5I
$VET
$B3TR
vechainofficial
6 days ago
Go get your share, and experience how RWA is changing the world for $B3TR!
$VET
$RWA
$B3TR
vechainofficial
6 days ago
This week, the VeChain team will visit Expo 2025 in Japan, where San Marino Innovation is showcasing VeBetter and @GreenAmbChal on one of the world’s most influential tech stages. To celebrate, we're opening the Green Ambassador Challenge globally for a limited time - with a chance to win $100 in $B3TR! Experience the power of abstracted blockchain - social logins, no gas fees, zero seed phrases. This is blockchain built for mass adoption! Follow the link, and try it out: https://t.co/O8DJkQtfry
#Layer1
$VET
vechainofficial
7 days ago
The first VeBetter grant is live! Cast your votes, and decide who YOU want to unlock funding for. The power is in your hands, VeFam. https://t.co/DLXHGmQNnB
$VET
vechainofficial
7 days ago
DePIN Madness is LITERALLY Breaking the Internet 🤯 Hold up, hold up... still asking yourself why your backyard needs this Marco thing (yes, it'll make your neighbors think you're some kind of tech genius): ✨ 100% B3TR Rebate - Almost filled ✨ Weekly B3TR Mining via @VechainOfficial ✨ Early access to upcoming airdrop 👀 Anon... you're gonna make it, but only if you're not too late 📈 https://t.co/JlfLKUbygt
$B3TR
$VET
nubilanetwork
11 days ago
Rising Stars in the Crypto Market 2025: Coldware Hardware Ecosystem and Price Outlook for BNB and VeChain
#DeFi
$BNB
$MAG7.SSI
$VET
CryptoDaily
11 days ago
THREE NEW ECO NODES - STARTING AT JUST $10,000 VET!Renaissance makes participation easier than ever with three new accessible Node tiers.These tiers bring staking rewards within reach for the entire VeFAM community and create a stronger network foundation with enhanced economic stability and security.The new tiered structure creates clear entry points:- Dawn Node: $10,000 VET (1.0x rewards)- Lightning Node: $50,000 VET (1.15x rewards)- Flash Node: $200,000 VET (1.3x rewards)VET holdings not fitting neatly into tiers? No problem – combine multiple Nodes to put your entire stack to work and maximize VTHO rewards.Find your perfect entry point and earn extra rewards when StarGate launches July 1st!
#Layer1
$VET
vechainofficial
11 days ago
$VET Staking Now Live on Bitrue Launchpool!Users can stake $VET to earn $B3TR tokens as part of a shared rewards pool of over 82k $B3TR.Enter now: https://t.co/lkqavGApy2 https://t.co/DxckH02b1O
#DeFi
$VET
$B3TR
vechainofficial
11 days ago
When development activity surges by +510%, it's not just code—it's conviction 📈 @vechainofficial continues to prove that real-world utility drives real growth. From sustainability rewards with B3TR to enterprise adoption, VeChain is building the infrastructure that actually matters. At @nubilanetwork, we're proud to contribute to this ecosystem with our weather-focused DePIN Infra 🙌
#DeFi
$B3TR
$VET
nubilanetwork
11 days ago
VeChain’s Hidden Power: VET Could Be A Crypto Giant By 2030 #Bitcoin #cryptocurrecy #CryptoNews #cryptomarket #binance #TheBitTimes https://t.co/bbrrSFeALf
#Layer1
$BTC
$VET
thebittimescom
13 days ago
Top 5 #Altcoins Set for 10x Gains in 2025? With #Bitcoin dominance peaking, #altcoin season may be next. #VeChain, #Solana, #Kaspa, #Render, and #Stacks are primed to explode. https://t.co/FZvLTuksPy
#Bitcoin
$BTC
$SOL
$VET
CoinpediaNews
13 days ago
Smart capital is moving — not away from risk, but toward real solutions. VeBetter is a live thesis, not a future roadmap. @nubilanetwork is just one example of what real-world infrastructure looks like in action. $VET
$VET
vechainofficial
13 days ago
https://t.co/pghgTWL9wg
$VET
vechainofficial
14 days ago
Earn $B3TR by doing Better! Tokenize your daily actions and get rewarded for improving the lives of people and planet: https://t.co/PaotvzaNgZ
$VET
vechainofficial
15 days ago
A million users for @mugshot_vet, 1 Million actions a week on VeBetter - things are getting exponential!
#SocialFi
$VET
vechainofficial
15 days ago
Cardano and VeChain Rebound, Coldware Attracts Attention with Ecosystem Development
#Layer1
$ADA
$VET
CryptoDaily
16 days ago
Unilabs Finance (UNIL) attracts attention with a 30% weekly increase, poised to surpass VeChain and Cardano
$ADA
$VET
CryptoDaily
17 days ago
The Biggest DePIN Mania is Here 🔥 Not 1, Not 2. We’ve got 4x reasons to own a Marco device: ✔️ 100% B3TR Rebate (📸 Snapshot: May 31) ✔️ Weekly B3TR Mining via @VechainOfficial ✔️ Dual Mining with @iotex_io – earn $IOTX too! ✔️ Early access to upcoming airdrop 👀 You’re not too late — but almost. https://t.co/JlfLKUbygt
#DeFi
$B3TR
$VET
nubilanetwork
17 days ago
VeChainGoogle Search Trends
Watermark
VeChainGitHub code submission status
Watermark
Commit
7,843
Star
6,095
Fork
4,673
Issue
80
VeChainTwitter weekly trends
Watermark
Jun-14-Jun-8
Jun-7-Jun-1
May-31-May-25
Tweets
Total
4
6
13
Views
Total
Average
111.79K
27.95K
103.94K
17.32K
160.57K
12.35K
Like
Total
Average
1.16K
289
1.62K
270
1.71K
131
Comment
Total
Average
79
19
130
21
129
9
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Total
Average
228
57
346
57
450
34
Al-Driven Crypto Investment Research Revolution

VeChain Timeline

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Al-Driven Crypto Investment Research Revolution

VeChain Token unlock

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Al-Driven Crypto Investment Research Revolution

VeChain Token allocation

Crowdsale:41%
Operation Development:22%
Burned:13.28%
Enterprise Investors:9.72%
Private Investors:9%
Team:5%
Scan QR Code to Explore more key information

VeChain Basic
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Al-Driven Crypto Investment Research Revolution
VeChain Significant Events
  • Apr 13,2025
    Bybit will launch the VET/USDT spot trading pair.
  • Jan 22,2025
    Coinbase International Site has launched perpetual contract trading for VET.
  • Jul,2024
    VeChain integrated the PoA 2.0 SURFACE consensus algorithm, enhancing the security and scalability of the VeChainThor network, establishing it as one of the most environmentally friendly consensus mechanisms. The same month, VeChain launched VeBetterDAO to promote community involvement and initiated new enterprise and environmental projects.
  • Jan,2023
    VeChain launched the "Web3 for Better" initiative, using blockchain to advance global sustainability and released Whitepaper 3.0, establishing VeChain as a core platform for enterprise blockchain innovation.
  • Sep,2022
    VeChain introduced the PoA 2.0 consensus mechanism, enhancing security, scalability, and environmental sustainability. The same month saw VeChain expanding its global operations, further promoting blockchain use across industries.
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Scan QR Code to Explore more key information

VeChain Info

White paper
white paper
Website
vechain.org
Contracts
Vechain:0x56...D59d
Explorers
vechainstats.com
vechain.org
veblocks.net
Community
Twitter
Telegram
Reddit
Discord
Medium
Youtube
Facebook
Instagram
Source code
github.com
Sector
Layer1
First issue time
Aug 18, 2017
Significant Events
  • Apr 13,2025
    Bybit will launch the VET/USDT spot trading pair.
  • Jan 22,2025
    Coinbase International Site has launched perpetual contract trading for VET.
  • Jul,2024
    VeChain integrated the PoA 2.0 SURFACE consensus algorithm, enhancing the security and scalability of the VeChainThor network, establishing it as one of the most environmentally friendly consensus mechanisms. The same month, VeChain launched VeBetterDAO to promote community involvement and initiated new enterprise and environmental projects.
  • Jan,2023
    VeChain launched the "Web3 for Better" initiative, using blockchain to advance global sustainability and released Whitepaper 3.0, establishing VeChain as a core platform for enterprise blockchain innovation.
  • Sep,2022
    VeChain introduced the PoA 2.0 consensus mechanism, enhancing security, scalability, and environmental sustainability. The same month saw VeChain expanding its global operations, further promoting blockchain use across industries.
Expand More
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VeChain Team

Lu Yang
Co-founder and CEO of VeChain
Organizations
VeChain Dev
Provide infromation about VeChain technology
Vechain Insider
Porvide the latest news and information about the VeChainThor platform
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VeChain Intro

VeChain (VET) is a versatile enterprise-grade L1 smart contract platform.

VeChain began in 2015 as a private consoritium chain, working with a host of enterprises to explore applications of blockchain. VeChain would begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET.

VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants.

Above are only for introduction, not intended as investment advice.

VeChain Unlock & Allocation
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VeChain Token allocation

Crowdsale:41%
Operation Development:22%
Burned:13.28%
Enterprise Investors:9.72%
Private Investors:9%
Team:5%

Q&A about VeChain Tokenomics

Explore the tokenomics of VeChain (VET) and review the project details below.


What is the allocation & supply schedule for VeChain (VET)?

In 2017, the Vechain Foundation created 1 billion VEN tokens on the Ethereum blockchain. Subsequently, these VEN tokens were exchanged at a ratio of 1:100 for VET coins on the VeChain Thor Mainnet, which was introduced in June 2018. The Initial token distribution of VET is as follows:

- 5.00% is allocated to Team

- 41.00% is allocated to Crowdsale

- 9.72% is allocated to Enterprise Investors

- 13.28% is allocated to Burned

- 9.00% is allocated to Private Investors

- 22.00% is allocated to Operation Development

On the other hand, VeChain operates with two native tokens: VeChain (VET) and VeThor (VTHO). This dual-token system, a distinctive feature of the platform, aims to prevent fee fluctuations and network congestion.

VET is employed for transactions and various platform activities, while VTHO serves as the token for fee payments, functioning much like gas does for Ethereum (ETH) transactions. VET holders automatically receive a small amount of VTHO as passive income, and 70% of the VTHO used in a VET transaction is permanently removed. The total supply of VET is set at 86,712,634,466, with an inflationary emission model since its inception. To view real-time updates on token information, you can visit https://vechainstats.com

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XRP$2.253 +4.08%GALA$0.01502 +0.07%BCH$466.8 +1.06%BNB$651.53 +0.50%XLM$0.2624 +1.47%KAS$0.07676 +4.41%

VeChain Price Live Data
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The live VeChain price today is $0.02232 USD with a 24-hour trading volume of 27,622,993 USD. We update our VeChain to USD price in real-time. VeChain is +0.13% in the last 24 hours. The current SoSoValue marketcap ranking is # 49, with a live market cap of $ 1,919,186,119 USD. It has a circulating supply of 85,985,041,177 VET coins and a max supply of 86,712,634,466 VET coins.
Learn more about VeChain

VeChain In-depth Report Generated by AI - For further details, please review:

https://alpha.sosovalue.xyz/trade/VET-USDT-BINANCE

1)What is VET?

VeChain (VET) is an enterprise-focused smart contract blockchain platform designed to enhance supply chain management and business processes. It aims to streamline these processes and data flow for complex supply chains through distributed ledger technology (DLT). The core idea is to use blockchain technology to provide a trustworthy and secure way for various stakeholders in a supply chain to access key information about products in real time. This can include everything from the product's origin and storage conditions to its transit history.

2)Which sector does VET belong to?

VeChain (VET) belongs to the Layer 1 blockchain sector, which is the foundational protocol layer forming the core of blockchain systems. Layer 1 blockchains are critical for the operation of decentralized networks as they provide security, transparency, and decentralization without relying on any other blockchain. The current situation and development prospects of the Layer 1 blockchain sector in 2023 include:

  • Growth in Decentralized Finance (DeFi):There's a significant interest and investment in blockchain within the financial sector. Blockchain technology is being used by established financial institutions for transparent asset movements and fractionalization. The market in blockchain banking and financial services has seen growth, indicating a digital future for assets.
  • Challenges Due to Fraud and Corruption:The sector faces skepticism due to incidents like the collapse of Terra and FTX, and a significant increase in cryptocurrency investment fraud. These events have impacted the overall industry, stifling adoption and dampening excitement.
  • Legal and Regulatory Actions:Regulators and lawmakers are responding to the challenges in the sector with legal actions. This includes charges by the SEC against various entities for unregistered offers and sales of crypto assets and fraudulent activities. Legislation is also being proposed to provide legal clarity for blockchain developers and service providers.
  • Enterprise Investment in Blockchain:Despite turmoil in the cryptocurrency space, enterprises are still interested in blockchain technology. They're exploring its use in areas like identity management, supply chain management, and smart contracts. However, widespread adoption in enterprises is still in the nascent stages, expected to accelerate as software vendors develop more effective blockchain-based solutions.
  • Rising Interest in NFTs for Business:Non-fungible tokens (NFTs) are gaining traction as a means for businesses to create new revenue streams by selling digital products and assets. The potential market size is significant, with estimates suggesting substantial revenue opportunities in the coming years. NFTs are expected to change how digital rights and obligations are recorded and transferred, potentially redefining modern commerce.

3)What is tokenomics of VET (includes allocation and supply schedule)?

Token VET was launched in Aug 2017. The initial supply is 86.71 billion, the current circulation is 72.71 billion, the circulation accounts for 83.8%, the market value is 1.65 billion US dollars, and the FDV is 1.96 billion US dollars. The token is currently close to its issuance price.

Token Allocation:

VeChain was originally created as VEN tokens on the Ethereum blockchain in 2017, with an initial minting of 1 billion tokens. These were later swapped for VET tokens on the VeChainThor Mainnet at a 1:100 ratio when it launched in June 2018. The initial token distribution of VET was as follows:

  • Team: 5%
  • Crowdsale: 41%
  • Enterprise Investors: 9.72%
  • Burned: 13.28%
  • Private Investors: 9%
  • Operation Development: 22%

Supply Details:

The maximum supply of VET is capped at 86,712,634,466 tokens. As of December 2021, there were 66,760,741,299 VET tokens in circulation. VET operates on an inflationary emission rate.

Dual-Token System:

VeChain uses a dual-token model comprising of VeChain (VET) and VeThor (VTHO). VET is used for transactions and other activities within the network, while VTHO is used for fee payments and functions as a "gas token." VET holders automatically generate VTHO, providing a source of passive income. 70% of the VTHO used in a VET payment is destroyed, which affects the overall supply of VTHO.

Token Generation and Use:

Each VET token generates VTHO at a rate of 0.000432 VTHO per day. VTHO is generated based on VET holdings and is used for transaction fees and data transmission on the VeChain network.

Network Security and Consensus Mechanism:

VeChain (VET) operates on a Proof of Authority (PoA) consensus mechanism. This method requires relatively low computing power and is considered efficient and scalable. Authority masternode operators, selected by an independent Steering Committee, are responsible for running the network.

4)What about the team and the investors of VET?

Team Behind VET

  • Founders: VeChain was co-founded by CEO Sunny Lu and Jay Zhang in 2015. Sunny Lu, before joining VeChain, had over 13 years of experience leading IT teams and was the CIO of Louis Vuitton China. Jay Zhang was a senior manager in Deloitte UK and PwC China, bringing over 14 years of experience to VeChain.
  • Team Composition: The VeChain team consists of over 100 full-time employees, half of whom are blockchain developers. The company has 8 offices located across Asia, Europe, and the United States.
  • Steering and Advisory Boards: The VeChain Foundation, which is responsible for maintaining the VeChainThor Blockchain, is governed by a Steering Committee that includes members from VeChain, DNV, and others. The Steering Committee defines the strategy of the Foundation and selects team leads for various operational teams. There is also an Advisory Board, which includes partners from PwC, Deloitte, Breyer Capital, and Fenbushi Capital, that provides advice on the design, implementation, and vision of VeChain.
  • Transparency and Financials: The VeChain Foundation is transparent about its financials and the use of the token supply held by the Foundation. They release a Financial Report every quarter, detailing the use of proceeds, which includes funding daily operations, technological development, research in cooperation with universities, and support for strategic institutional partners.

Funding History

  • Series B Funding Round: VeChain raised one funding round, identified as a Series B round, on April 3, 2021. The specific amount raised in this round was not specified, and the sole investor listed was Kosmos Ventures.
  • Multiple Funding Rounds: Another source mentions that VeChain has had a total of 7 fundings, with the latest being an Incubator/Accelerator - II round on March 19, 2019.
  • Corporate Round Funding: Additionally, another report indicates that VeChain has raised 3 rounds in total, with the latest funding raised on May 5, 2018, from a Corporate Round. VeChain was funded by 5 investors in total.

5)What is the development history of VET? List all important events and milestones in the development process of VET

Significant Milestones in VET's Development(updated to 2022)

  • Blockchain Development: VeChain's development began in 2015 as a modified fork of Ethereum, focusing on Internet of Things (IoT) and supply chain management.
  • Consensus Mechanism: VeChain utilizes the Proof of Authority (PoA) consensus mechanism, which is energy-efficient and addresses concerns of inefficient upgrades.
  • Core Protocol Features: VeChain's core protocol includes features like Controllable Transaction Lifecycle, Multi-Party Payment, Multi-Task Transaction, and Transaction Dependency.
  • Co-Founders and Investors: VeChain was co-founded by Jay Zhang and Sunny Lu, with significant investment from various capital groups and venture firms.
  • Mainnet Launch: The VeChainThor mainnet was launched in June 2018.
  • Governance Charter (2019): In November 2019, VeChain introduced the VeChain Governance Charter, which redefined stakeholder categories and voting procedures.
  • Development Milestones (2021-2022): In 2021, VeChain announced VeChain Sync 2 for browser compatibility and a $1 million USD grant program for the eNFT ecosystem. In 2022, it introduced VeUSD, VeChain's first stablecoin, formed a marketing partnership with UFC, and upgraded to PoA 2.0, enhancing security and scalability.

6)What is the progress and future roadmap of it?

Future Roadmap and Developments

1. First Half of 2023: Development focuses on a carbon footprint explorer, a wallet browser extension, an Ethereum token bridge, the launch of a wallet for the ecosystem, and an NFT marketplace.

2. Second Half of 2023: Implementation of a VeChain naming system, an asset lending platform, a multichain generic data bridge, and initiatives for oracles and smart city ecosystems.

3. First Quarter of 2024: Projects include decentralized file storage, layer-2 rollups, smart contract security analysis tools, algorithmic token-backed stablecoins, and a DAO operating system and ecosystem smart contract library.

7)List all important links related to VET

VeChain Official Website:

https://www.vechain.org/

VeChain Foundation Twitter:

https://twitter.com/vechainofficial

VeChain Documentation:

https://docs.vechain.org/

VeChain GitHub Repository:

https://github.com/vechain

VeChain Explorer:

https://explore.vechain.org/

VeChainThor Blockchain Upgrade (PoA 2.0):

https://www.vechain.org/poa2.0

VeChain Sync 2:

https://sync.vecha.in/

VeChain Community Forum:

https://forum.vechain.org/

VeChainThor Wallet:https://wallet.vechain.org/

8)Bullishness index for this token from the perspective of token valuation and future potential from Chatgpt 4

The current valuation and future prospects of VeChain (VET) as of now and based on expert analyses for the coming years are as follows:

1. Current Valuation: As of the latest data, VeChain's price is around $0.02, ranking it at No. 40 in the crypto ecosystem. The circulating supply is approximately 1.56 billion VET, with a market cap of 72.71 billion VET. VeChain has exhibited a good upward trend recently, suggesting strong potential.

2. Price Predictions (2023-2032):

  • 2023: Minimum price is around $0.0225 and maximum around $0.0244, with an average trading price expected around $0.0233.
  • 2024: Estimated minimum price of $0.0323 and maximum of $0.0396.
  • 2025: Predicted minimum and maximum prices are about $0.0461 and $0.0569, respectively.
  • 2026: Anticipated minimum price might drop to $0.0663, while its maximum can reach $0.0796.
  • 2027: Expected maximum and minimum VET prices are $0.1147 and $0.0944, respectively.
  • 2028: Estimated average VET price will be around $0.1385, with a possible maximum of $0.1667.
  • 2029: VET is estimated to be traded between $0.1996 and $0.2330.
  • 2030: Maximum VET price of $0.3394 and a minimum of around $0.2908, with an expected average trading price of $0.3010.
  • 2031: VET price estimation is at least $0.4470, with possible peaks at $0.5080.
  • 2032: Maximum VET price of $0.7708, with a potential drop to around $0.6485.
VeChain
VET
#49
$0.02232
+0.13%
Total dollar volume24H
$27,622,993
High24H
0.02329 USDT
Low24H
0.022 USDT
Market Cap
#49$1,919,186,119
FDV
$1,919,186,119
Market Cap / FDV Ratio
1.00
Turnover rate
1.44%
Circulating supply
85,985,041,177
Total supply
85,985,041,177
Max supply
86,712,634,466
All time high
0.27983 USDT
All time high date
Apr 17, 2021
Down from All time high
-92.02%
Cycle low
0.01318 USDT
Cycle low date
Jun 10, 2023
Up from cycle low
69.35%
Contracts
Vechain:0x56...D59d
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Discord
Medium
Youtube
Facebook
Instagram
Introduction

VeChain (VET) is a versatile enterprise-grade L1 smart contract platform.

VeChain began in 2015 as a private consoritium chain, working with a host of enterprises to explore applications of blockchain. VeChain would begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET.

VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants.

Above are only for introduction, not intended as investment advice.

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