Mainnet Launch of VeBetterDAO announced by VeChain

Welcome to Extreme Investor Network: VeChain Announces VeBetterDAO Mainnet Launch

VeChain, a leading global entity in the blockchain sector, has exciting news for the crypto community! The mainnet launch of its VeBetterDAO platform is on the horizon, following a successful testnet launch that garnered significant engagement and activity.

About VeBetterDAO

VeBetterDAO stands as a decentralized autonomous organization (DAO) dedicated to advancing Web3, the next evolution of the internet. During the platform’s three-month trial period, it witnessed the participation of 18,000 B3TR holders and over 4,000 active users. Together, they generated more than 232,000 transactions, showcasing the potential of using gamified, incentive-based applications to drive real-world impact.

Related:  Binance Unveils Megadrop: An Innovative Token Launch Platform Featuring Airdrops and Web3 Challenges

Mainnet Launch Details

Mark your calendars for June 28, 2024, as VeChain gears up for the mainnet launch of VeBetterDAO. This event not only signifies a technological upgrade but also a meaningful step towards global sustainability, empowering crypto communities, and widespread adoption of Web3. VeChain’s team envisions this initiative as the foundation for their innovative ‘X-2-Earn’ decentralized application (dApp) ecosystem.

With the transition to the mainnet, VeBetterDAO will introduce enhanced features to bolster governance and incentivize new forms of engagement. These include amplified rewards, quadratic funding and voting, and governance proposals on the treasury. The mainnet launch also signals the commencement of its 12-year tokenomic structure, featuring a 2 million B3TR weekly allocation pool for dApps and voters.

Related:  New consumer protections for borrowers announced by Biden administration

VeBetterDAO’s Future Outlook

Post mainnet launch, VeChain has plans to implement additional features to VeBetterDAO, such as a dApp listing validator mechanism, staking programs, and the option to unlock higher tiers of GM NFTs. This showcases VeChain’s dedication to continuously improving the VeBetterDAO platform, aligning with the vision outlined in the VeBetterDAO Whitepaper.

The mainnet launch of VeBetterDAO underscores VeChain’s unwavering commitment to driving innovation and fostering the adoption of blockchain technologies. As VeChain embarks on this exciting journey, the community is encouraged to actively contribute to shaping the future of VeChain’s latest ecosystem and influencing the evolution of mainstream Web3.

Related:  Exploring the Intersection of Quantum Computing and Blockchain: Expert Perspectives from Professor Massimiliano Sala

Stay tuned to Extreme Investor Network for more updates on VeChain, cryptocurrency trends, and the latest blockchain innovations!

Image source: Shutterstock

. . .

Tags

Source link