VeChain se asocia con Grant Thornton para ofrecer servicios Blockchain en más industrias - Crypto Economy ESP (2024)

FAQs

Which blockchain is VeChain on? ›

VeChain's Blockchain Platform. The VeChainThor blockchain platform is a public blockchain intended for “mass business adoption.” It has two tokens: VET and VTHO. VET is the VeChain token that is used to carry value or “smart money” from smart contracts.

For example, Bitcoin currently has a market capitalization of $1.31 trillion, while Ethereum has a market cap of $424 billion. Even though it's possible for VeChain to reach $1, this would require a 23.8x increase from the current price.

Is VeChain dead? VeChain remains a top 50 cryptocurrency by market cap with a daily trading volume of more than $60 million, so it's far from dead.

Crypto.com and Binance.US both support VeChain staking. Unlike when you stake through a wallet, these exchanges pay you in VET tokens, not VTHO.

VeChain Partnership with Walmart

Through the collaboration, Walmart customers leveraged VeChain's tech to enhance the traceability of products' origin and other details. In addition, VeChain's technology also enabled Walmart customers to track products from farms to the stores.

History of VeChain

Sunny Lu, the former chief information officer (CIO) of Louis Vuitton China, founded VeChain in 2015. It began as a subsidiary of Bitse, one of China's largest blockchain companies, and is one of the few block chains with a significant customer base among established companies.

Analyst Predictions for VeChain (VET)

Trading platform Changelly offers a more ambitious forecast with a longer timeframe. Its analysts suggest VET could reach $5.15 in February 2040 and even surpass $10 by May 2040.

Yes. It can. People will often mention the market cap being too high for this to happen. There are 100 billion XRP not all are in Circulation and at any one time a fraction of that will be available.

VeChain forecast between 2023 and 2025

The years after that may also prove to be great for VeChain. By the end of 2023, VET will break the psychological barrier of 0.25 € for the first time. In 2024, VeChain will continue to rise, closing 2025 with a price of 0.35 €.

What problem does VeChain solve? ›

VeChain is one such blockchain platform built to improve the widespread use of blockchain technology. One of the most significant issues facing supply chain organizations is a lack of transparency, which blockchain aims to resolve by enabling businesses to conduct transactions directly and without a third party.

Who Created VeChain? Sunny Lu, a former chief information officer of Louis Vuitton China, co-founded VeChain with Jay Zhang in 2015, launching it as a subsidiary of the Chinese blockchain company Bitse.

The price of the altcoin could hit a maximum of $0.101, by the end of the next three years. With a potential surge, the VeChain price may go as high as $0.300 by the end of 2030.

Interestingly, analysts at top crypto trading platform Changelly provided a more difficult prediction for VeChain. According to Changelly, VeChain would reach the $5 threshold by February 2040. Specifically, the analysts at Changelly forecasted that VET would hit a minimum price of $5.15 in nearly 16 years from today.

Before VeChain had a blockchain network of its own, it launched as an ERC-20 token with the ticker symbol VEN. (Check out the Ethereum page for more background on ERC-20 tokens).

VeChain is an enterprise blockchain Foundation & leader in real world Web3/tokenization solutions. Through VeBetterDAO, we're evolving sustainability.

Initially they launched the cryptocurrency VEN on the Ethereum blockchain, raising $20 million as part of a token crowdsale. VEN was later replaced by VET at a 1:1000 ratio when VeChain launched its own blockchain, the VeChainThor blockchain.

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