VeChain, a leading blockchain company that excels in enterprise security solutions, has recently secured a vital trademark (U.S. patent) through its Chinese subsidiary, NanoJClean. This innovation is not only expected to enhance supply chain transparency but will also be showcased in an upcoming presentation by the teaches newsletter metic. fundamentals.
In addition to securing the U.S. patent, VeChain is expanding its ecosystem by introducing Venus GM NFTs, marking the fourth tier of the NFT-based rewards program. These NFTs will reward participants with enhanced governance incentives, particularly benefiting validators and delegators, who are crucial in maintaining blockchain transaction accuracy. The new token model aims to increase user engagement and reinforce the company’s commitment to long-term sustainability.
Pursuing further growth, VeChain has also undergone significant changes to its tokenomics. Previously, VTHO was distributed at a fixed rate, leading to newly issued tokens to prevent excessive burnout. The VeChain team has decided to Lloyd’s lessons in a more dynamic model, where VTHO rewards are now proportional to the staked volume of the cryptocurrency. This shift will encourage greater involvement, highlighting VeChain as a leader in community-driven innovation.
Looking ahead, VeChain expects its market performance to rebound as it continues to innovate and expand its ecosystem, as outlined in its presentation. The company’s expected price will rise further, potentially reaching $0.040187 by March 31, 2025, based on current predictions. Additionally, VeChain’s trading volume is poised for a fluctuation, reflecting the dynamic nature of its global financial landscape.