What is VeChain? VeChain (VET) and VeThor (VTHO) explained! | What the FUD Episode 6
What is VeChain? VeChain (VET) and VeThor (VTHO) explained! | What the FUD Episode 6
In this episode of What the FUD, I talk about VeChain and explain its unique features and design, purpose, and history so far, as well as briefly touch on their development team. VeChain is a blockchain platform that was once just an ERC-20 Token with the ticker symbol VEN. Now it has its own mainnet, and a token called VeThor that powers the technology of VeChain and makes it possible for businesses to utilize the mainnet.
Their main focus is on supply chain management and using the technology of blockchain to improve the supply chain and provide security and transparency for both the supplier as well as the customer. What do you think of VeChain? Is this a project you see becoming an infused part of the supply chain process? Or will it fizzle out and be replaced? Let me know in the comment section down below!
▬▬ Chapters ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
00:00 - What the FUD
00:40 - Dev Team
01:55 - History
03:06 - VeChain vs VeThor
04:15 - Use Case
06:38 - Masternodes
07:23 - Partners and Current Use
07:54 - Where to Buy VeChain and VeThor
08:23 - My Thoughts and Questions for you
09:22 - Outro
▬▬ Reference links and codes ▬▬▬▬▬▬▬▬
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▬▬ Background Music ▬▬▬▬▬▬▬▬▬▬▬▬
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▬▬ Legal Disclaimers ▬▬▬▬▬▬▬▬▬▬▬▬
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Copyright Disclaimer under Section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.
Disclaimer: I am not currently a licensed financial professional. The videos produced on this channel should not be taken as financial advice. Nothing mentioned in my videos is intended to be a recommendation to purchase or sell any form of assets. Please consult with a licensed financial professional for any form of financial advice. I am not liable for any losses that you may incur from following any form of advice or information given in this video. Please do your own research before investing and trading in any form of assets mentioned here or elsewhere in order to take full responsibility for your own financial decisions and future returns.
▬▬ Hashtags ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
#vechain #vtho #crypto #altcoins #FUD #supplychain
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