Altcoins News
By Maheen Hernandez
1 / 11
VeChain (VET) is Focusing to Improve on Mainstream Adoption of the Vechain. VeChainThor provides security, scalability, and affordability.
2 / 11
The unique dual tokens (VET+VTHO) model detaches the volatility of VET. Therefore, the cost of using the blockchain (VTHO) and the dApps running on VeChainThor will have…
3 / 11
In April 2021, the base gas price on VeChain Thor was reduced by the Steering committee after due voting on the matter by the community.
4 / 11
For clarity, Fee Delegation is done by a Multi-Party Payment prototype for all users and Designated Gas Payer (VIP191) for individuals.
5 / 11
A new version of the VeChainThor mobile wallet which reflects the reduced Base Gas Price, has also been released to the App Store and Play Store.
6 / 11
One of the users pointed to how VET holders will actually have a huge reduction in passive income after this implementation because the demand for VTHO is 100 times less now.
7 / 11
However, many community members stated that this enables real businesses to create real value.
8 / 11
Developers will now be able to build projects for NFT marketplaces, NFT-enabled games/applications, enterprise-level NFT solutions, DeFi applications, token bridges, cross-chain…
9 / 11
Therefore it is not surprising to see VeChain do something about hoisting their presence in the NFT era.
10 / 11
To ensure transparency and tracking in the Grant Program, a complete application process has been developed.
11 / 11
Ranging from the E-HCert App to mitigate Covid-19 in Cyprus, keeping up with the NFT Frenzy, and improving several enterprise-level partnerships, VeChain blockchain is very…
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