VeChain (VET) Price Today
- Current Price: $0.02062
- 24h Trading Volume: $30.46 million
- 24h Price Change: +0.00%
- Circulating Supply: 85.99 billion VET
- Max Supply: 86.71 billion VET
What Is VeChainThor (VET)?
VeChainThor is an enterprise-grade Layer 1 smart contract platform, established in 2015. As a pioneer in real-world blockchain applications, VeChain integrates IoT, NFC chips, and distributed ledger technology to solve data-related challenges across industries like supply chain, sustainability, and logistics.
Key Innovations:
Dual-Token Model:
- VET: Primary token for value storage.
- VTHO: Gas fee token, ensuring low and stable transaction costs.
- Fee Delegation: Smart contracts can pay gas fees for enterprise users.
- Efficient Data Packaging: Optimized transaction model for scalability.
VeChain’s Real-World Adoption
VeChain’s partnerships (e.g., Boston Consulting Group) and initiatives like VeBetterDAO focus on sustainability-driven DApps, targeting mass Web3 adoption.
👉 Explore VeChain’s latest partnerships
FAQs
1. What is VeChain used for?
VeChain streamlines enterprise processes (e.g., supply chain tracking, anti-counterfeiting) via blockchain-powered data solutions.
2. How does VeChain’s dual-token system work?
VET holds value, while VTHO pays for transactions, decoupling fees from market volatility.
3. What is VeBetterDAO?
A platform incentivizing sustainable DApp adoption, aligning with VeChain’s 2030 goal to onboard 1 billion users.
Why VeChain Stands Out
From Walmart China’s food safety tracking to decarbonization projects, VeChain bridges blockchain and tangible business impact.
Keywords: VeChain price, VET token, blockchain adoption, dual-token model, VeBetterDAO, enterprise blockchain
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