Latest news with #VeChainThor
Arabian Post
13-05-2025
- Business
- Arabian Post
VeChain Unveils Blockchain Blueprint to Tokenise Everyday Actions
VeChain CEO Sunny Lu has outlined an ambitious vision to tokenise sustainable human behaviours—such as driving electric vehicles—by integrating blockchain, artificial intelligence , and real-world asset tokenisation into a unified infrastructure. This initiative was presented during the Consensus Toronto conference, where VeChain introduced its latest suite of tools aimed at making blockchain applications more accessible and impactful for mainstream users. At the heart of this strategy is VeChain's Marketplace-as-a-Service platform, launched in March 2024. MaaS enables users to create and brand their own customised NFT marketplaces without the need for extensive coding skills. The platform supports the integration of physical products with digital twins—referred to as 'phygitals'—through NFT and chip technology. This approach simplifies participation in the NFT space and supports the global tokenisation movement by bridging the gap between physical and digital assets. VeChain's MaaS platform also incorporates fee-delegation technologies, allowing builders to cover transaction costs on behalf of users, thereby removing the barrier of transaction fees. Additionally, the platform has integrated an NFT checkout provider and is in discussions with a global payment service provider to enable direct fiat on/off ramps. These features aim to make the user experience similar to traditional Web2 interfaces, enhancing the platform's usability. Complementing MaaS is VeChain's VeBetterDAO ecosystem, which promotes sustainability and community engagement by rewarding contributions towards environmental projects. The ecosystem reflects VeChain's commitment to sustainability and community participation, incentivising individuals for their contributions to sustainability projects. VeChain has also formed collaborations with AI-focused organisations such as SingularityNET, FetchAI, and Ocean Protocol to drive innovations in AI through blockchain technology. These partnerships aim to develop AI agents capable of autonomously executing blockchain-related tasks like governance voting and asset management. Such AI agents are sophisticated programs that can analyse information, learn from experience, and autonomously execute tasks on behalf of users, thereby enhancing the efficiency and effectiveness of blockchain applications. See also TronZap Offers Instant Energy Rentals to Slash USDT Transfer Fees The integration of AI agents into VeChain's infrastructure is expected to facilitate the automation of tasks and adapt to changing environments, shaping investment decisions and operational efficiencies in the coming years. This move positions VeChain at the forefront of combining AI with blockchain technology to create more intelligent and responsive systems. VeChain's efforts are underpinned by its VeChainThor public blockchain, which utilises a Proof of Authority consensus mechanism. This mechanism ensures high throughput and security, making it suitable for enterprise-grade applications. The VeChainThor blockchain supports fee delegation, allowing transactions to be paid by a third-party account, thereby improving the usability of decentralised applications. The company's dual-token economic model, comprising VET and VTHO tokens, safeguards the long-term sustainability of the VeChainThor ecosystem. This model separates the medium of value from the cost of using the blockchain , ensuring stability and predictability in transaction costs. VeChain's initiatives have garnered attention from various sectors, including collaborations with organisations like WoV Labs to enhance digital ownership for readers of SNOB Non Per Tutti magazine. This collaboration utilises VeChain's advanced tools to create a unique engagement model, allowing readers to access exclusive benefits through WoV Labs' digital passport without needing blockchain or Web3 knowledge. Such partnerships highlight the integration of blockchain technology into traditional media and create new opportunities for user interaction and content delivery. The company's financial health is reflected in its reported $440 million in assets by the end of 2023, indicating its financial stability and attracting a wide user base. The growth in unique wallet addresses, now exceeding 3 million, further demonstrates VeChain's expanding influence within the cryptocurrency community. Arabian Post – Crypto News Network
Associated Press
28-04-2025
- Business
- Associated Press
VeBetterDAO (B3TR) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands--(Newsfile Corp. - April 28, 2025) - In a strategic move for sustainability-focused blockchain adoption, LBank Exchange, a premier global digital asset trading platform, has announced the listing of VeBetterDAO (B3TR) on April 21, 2025. The B3TR/USDT trading pair is now available to users of LBank Exchange at: [ This image cannot be displayed. Please visit the source: ] VeBetterDAO (B3TR) Listing Banner To view an enhanced version of this graphic, please visit: The intersection of blockchain and sustainability has become increasingly critical in today's global economic narrative. However, most traditional sustainability initiatives are siloed, unengaging, and lack scalable infrastructure. VeBetterDAO aims to transform this landscape by enabling a gamified and community-governed Web3 ecosystem that addresses real-world sustainable actions through its unique X-to-Earn model. VeBetterDAO: Enabling Sustainability Through Incentivized Web3 Participation Built on VeChainThor and developed in partnership with Boston Consulting Group, VeBetterDAO is designed to drive mass adoption of Web3 technology through a decentralized, sustainability-centric application layer. At its core lies the X-to-Earn mechanism, where 'X' represents any measurable sustainability action such as exercising, recycling, or conserving energy. Through VeBetterDAO, users engage with purpose-driven dApps and earn B3TR tokens for contributing to environmental and societal betterment, leveraging tokenization to record user activities. These applications undergo a rigorous validation and qualification process led by VeChain Node holders to ensure they are meaningful, feasible, and valuable. Additionally, the platform introduces a tiered Galaxy Member NFT system, which grants users higher levels of privileges based on their contribution history and B3TR donations. This framework not only encourages repeat participation but also builds a composable, transparent infrastructure for driving positive global impact, governed entirely by the community through decentralized proposal submissions and voting. B3TR Tokenomics The B3TR token functions as the incentive layer of the VeBetterDAO ecosystem. It is designed to fund sustainable projects and serve as the gateway to the DAO's governance mechanisms. Importantly, B3TR follows a fair launch model with no pre-sales, private allocations, or team reserves, ensuring equitable access and decentralization from inception. The total supply of B3TR is capped at 1,000,000,000 tokens, with emissions structured across a 12-year release cycle. Weekly distributions are divided into three major allocation pools: Initial seeding during the platform's testnet and mainnet pilots distributed 3.75 million B3TR across airdrops, pilot applications, and community initiatives. After the official launch, weekly emissions start at 4 million B3TR, decaying by 4% every 12 weeks (one DAO epoch) to maintain controlled circulation. The VPP decays independently every 50 weeks, gradually reducing its share of emissions to prioritize grassroots engagement through dApp usage. B3TR also plays a foundational role in VeBetterDAO's governance structure. It can be swapped 1:1 for the governance token VOT3, which is required for voting on funding proposals, platform upgrades, and emission distributions. To uphold fairness, VOT3 is non-transferable and can only be redeemed back into B3TR by the original swappers via smart contract logic. This dual-token system balances incentive distribution with participatory governance, creating a robust token economy that is both community-aligned and transparently managed. Learn More about VeBetterDAO About LBank Founded in 2015, LBank is a top crypto exchange offering financial derivatives, asset management, and secure trading. With over 15 million users across 210+ regions, LBank ranks in the top 20 for spot trading and top 15 for derivatives trading globally, ensuring fund integrity and supporting global crypto adoption. Start Trading Now: Community & Social Media: Telegram Twitter Facebook LinkedIn Instagram YouTube Press contact: [email protected] Business Contact: LBK Blockchain Co. Limited LBank Exchange [email protected] [email protected] To view the source version of this press release, please visit
