Community Trust ScoreVerified
Vechain public blockchain is offering a 1 M USD grant program. Those who apply for this grant will be getting a head start in resources for starting a project or a business. However, the work on Dapps, NFTs, and DeFi on VeChain Thor will contribute to developing the eNFT ecosystem.
Sunny Lu, Vechain expressed: Little by little, step by step. We have to look into the long term.
For those who are new to VeChain, VeChainThor gives developers security, scalability, and affordability. The blockchain provides a unique dual token (VET+VTHO) model, which detaches the volatility of VET and the cost of using the blockchain (VTHO). As a result, the Dapps running on VeChainThor has stable and predictable fees. The Base Gas Price on VeChainThor is advantageous to all developers and network users with low transaction costs.
Community response: Can someone explain how announcing new partners does not affect the price?
Is it going to allow us to build Dapps on the Polygon blockchain? They have the most DeFi composability between every chain aside from Ethereum. In addition, they’re very developer-friendly, so if I’m developing on a chain, it will be this one.
You agreed, always a good move to integrate to Polygon. Why would anyone say no to its undeniably top-of-the-game solutions in terms of scalability and DeFi composability? Plus, it’s super easy to onboard your project as a developer on Polygon’s network.
Before I get roasted, please read this from a neutral perspective. In my opinion, VeChain completely missed the opportunity in DeFi and NFT. VeChain has worked with NFTs for a while, but nobody outside the VFAM is aware of that. So I take a look at all recent NFT projects and how they exploded.
We need more ads, appeal to more audiences, and more projects. Promotion is important. It seems as if VET was released to milk people like cows. The news shows an increase in partners, while the rate shows drops in VET. Sometimes it is tied to Bitcoin in a strange way, and sometimes it does not depend on it at all.
VeChain is not rushing its process in building its platform for adoption. Quality over quantity at this point for VET PoA 2.0 will be fully implemented soon. It’s in the progress stage. This is one of those projects you can safely HODL knowing that eventually, it will go big. Insane amount of adoption. We hope the huge partner goes life in 2021.
