Blockchain
VeChain Blockchain Revolution: VebetterDAO, Charge2Earn etc.
- VeChain is driving blockchain progress with a series of new innovations.
- Some of these innovations include VebetterDAO RWA push and Charge2Earn, among others.
Vechain (VET), a leading blockchain solution for real-world applications, is expanding its reach with the current development of the ecosystem. As a result, the blockchain has launched exciting innovations such as VORJ, VebetterDAO, Charge2Earn, Thorchain, and Vetonsberg to revolutionize industries, the environment, and Real World Assets (RWA).
VORJ: An Innovative Web3 Service Product
Described as an “innovative Web3 product as a service,” VORJ is a streamlined tool that allows users to create tokens, distribute NFTs, and launch decentralized apps without coding. This tool eliminates the limitations of blockchain adoption that require businesses and developers to have technical expertise.
According to a precedent Crypto News Flash ReportBased on VORJ, you need to create a team and assign roles to members. This step is then followed by creating a project and organizing smart contracts. A unique feature that sets VORJ apart is its zero-fee structure. It uses cutting-edge VeChain technology, such as fee delegation, to ensure that its users are free from transaction fees.
VeTonsberg: RWA tokenization
Launched by VeChain earlier this week, VeTonsberg is a game-changing solution for Real-World Assets (RWA) tokenization. VeTonberg provides a one-stop solution for users to tag products using the transparent and tamper-proof capabilities of blockchain and the anti-counterfeit encryption technology of NFC chips.
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Want to tokenize real-world products?
VeTonsberg offers a complete solution for product labeling using the transparent and tamper-proof features of blockchain technology, combined with the anti-counterfeit encryption technology of NFC chip.
Learn more: Italian: https://t.co/bhH0jeZO2H pic.twitter.com/UDkKIISNsr
— VeChain (@vechainofficial) July 3, 2024
Users get a wide range of product tags and landing pages available with a simple scan with mobile and web applications to personalize the experience. In four simple steps, entrepreneurs can add a digital dimension to their products using VeTonsberg:
- Create your product information: Using the VeTonsberg web app, define your products and add the images and videos you want your customers to see.
- Insert the label into your product: Find the best position on your product so that your customer can easily scan it.
- Link tag to product information: Simply scan the inserted tag into the iOS/Android app and easily link it to your product information.
- Track your products: With the help of the web app, you can quickly view all the products you have tagged.
VeBetterDAO: VeChain Governance Advancement
VeChain recently launched the VeBetterDAO mainnet to promote governance in its ecosystem. Specifically, the mainnet launch allows users to exchange their B3TR tokens for VOT3 to participate in the first round of voting. Repeating Previous Crypto News Flash ReportsUsers who take part in the first round of voting on the main network have a chance to win prizes.
VeChain’s VeBetterDAO project aims to serve as the cornerstone of a cross-industry sustainability dApp ecosystem that encourages, rewards, and fosters user engagement. The platform aims to integrate businesses and individuals with relevant causes and innovative dApps.
DApps open for voting include Cleanify, Mugshot, Green Ambassador Challenge, GreenCart, Book Club Non-Fungible (NFBC), Oily, EVearn, and Vylo. To participate in the vote, users must replace B3TR with VOT3 before 23:59 GMT on Sunday.
VeChainThor Dual Token System
VeChain recently introduced a dual token system (VET and VTHO) on VeChainThor for persistent unpredictability of transaction costs. As before Reported by Crypto News FlashVET acts as a value transfer token within the VeChainThor blockchain, similar to a digital currency. VTHO, on the other hand, is the fuel that powers transactions and smart contracts.
By separating transaction costs (VTHO) from the overall value of the network (VET), VeChain prevents fees from skyrocketing during periods of high usage. This makes VeChain more predictable and attractive to businesses looking for a stable platform.
VeChain Charge2Earn App
VeChain innovation continues with a Association with Tesla to launch the Charge2Earn app. This eco-friendly dApp lets Tesla owners earn rewards for eco-conscious driving. By connecting their car’s computer to the Charge2Earn app, Tesla drivers can track their energy usage and distance traveled. The more eco-friendly their driving habits, the more rewards they earn.
This initiative aligns perfectly with VeChain’s commitment to sustainability and creating a more user-friendly blockchain experience. It’s a win-win for Tesla drivers, the environment, and the overall adoption of VeChain technology.
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