VeChain ($VET) – Altcoin Reviews

Hello everyone, welcome to today’s altcoin review.

Today, we’ll talk about VeChain ($VET). It’s one of my oldest bags. In the bull run of 2021, it generated amazing profit for me. Then in 2022 I re-entered because price dropped too much and now holding it.

I like the unique features VeChain brings to the crypto market — its connections with Louis Vuitton, BMW, H&M, UFC, and other brands make it pretty unique. So let’s talk about what VeChain actually does:

VET is a supply chain-focused blockchain project that provides enterprise blockchain solutions. With real-world adoption from major corporations and a dual-token system designed for scalability and sustainability, VeChain is one of the few crypto projects focused heavily on industrial applications.

Who Created VeChain?
  • Sunny Lu: Co-founder and CEO of VeChain. He was formerly the CIO of Louis Vuitton China and brings a strong background in luxury goods supply chain management.
  • VeChain Foundation: Based in Singapore, the VeChain Foundation oversees the development and adoption of the VeChainThor blockchain. It collaborates with a wide network of enterprise partners and developers.

 

What Does VeChain Do?

VeChain is a blockchain platform designed for supply chain management and business process tracking. It uses

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