Vechain Blockchain

VeChain (VET) is Not Called Scam Anymore – They Have Proved Themselves BY Real Work on Blockchain

October 30, 2020 Off By Steven Anderson

Sunny Lu, CEO of VeChain is a pioneer leader in the public blockchain industry.  He recently spoke at the Shanghai International Blockchain Week about the achievements of VeChain ToolChain.  VeChain are continuing to lead the digital transformation and mass adoption for the Blockchain and IOT Market worth $3 Trillion.

Sunny Lu recently expressed that they believe that Blockchain and VET coin will make the world fair.  Also, stated that to quicken the entire process they are going to run 500.000.000 VET giveaway.

No matter how optimistic the team leading the project are, investor worries are about the price being very low despite the many good projects.

The onboarding of Unique Tag is considered a great use case.  While adoption and real world use creates great value, they are progressing towards ‘Internet of Value’ which is their true goal.  The community have been pinging about the need for an AMA Video Stream soon.  Some stated that it was about a year ago in the past year.

Any blockchain application that delivers value is encouraged by any government for sure.  Of note, Cyberspace Administration of China sent a special team to VeChain as the contributions of VET in public health, food, safety and sustainability were highly affirmed by the CAC, as one of the first batch of domestic blockchain companies formally filed by the National Internet Information Office in March 2019.

Sydney Ifergan, the crypto expert tweeted:  “VeChain (VET) users are wondering if they still mean that millions of transactions will be on Vechain network before the end of the year.”

Noah recently spoke about the VeChain’s Superior technology for NFTs and dApps.

VeChain (VET) Is a Scam

Someone who tried to be practical stated, I also remember such a delegation going to the offices of Ripple a few years ago and wanting to find out as much as possible. They never intended to use Ripple or XRP. I would like to think that this may be different but Sunny has to keep trying and stay positive with China.

Many of them expressed their strong faith in Sunny Lu and on how they are waiting for the next Vechain Summit.

Some of them stated that last year several people were calling VET a scam and it is now funny that no one is calling it a scam.  They have proved themselves by real work online by simplifying blockchain development and integration.

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