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VeChain

VET

Vechain
Smart contract platform
vechain
Twitter
Categories:
Layer1
Infra
Region:
Chinese Mainland
Founded:
2015
VeChain is a smart contract platform focused on providing supply chain management solutions for enterprises and integrating with Internet of Things (IoT) devices to facilitate the process. Its goal is to use distributed ledger technology to streamline these operations and information flow for complex supply chains. VeChain Token (VET) and VeChainThor Energy (VTHO) are the two tokens on the VeChain network. The former is used to transfer value across VeChain's network, while the latter is used to power smart contract transactions as energy or "gas." The VeChain platform aims to give authorized stakeholders a comprehensive view of critical information related to a product and its business processes (e.g. storage, transit, supply and authenticity) as well as increase market transparency.
Vechain Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
------May 06, 2018
PwC
Angel￥Millions--Aug 01, 2017
ChainFunder
Seed￥Millions--Jan 26, 2016
Investor
IOSG Ventures
Hong Kong
New York
Fenbushi Capital
Chinese Mainland
Fundamental Labs
Chinese Mainland
ChainFunder
Chinese Mainland
PwC
Vechain Team
Lu Yang
Co-Founder and CEO
Vechain Investment Portfolio
Rounds in the Past Year
1
Historical Rounds
2
Lead Investments
1
Portfolio Numbers
2
ProjectFunding StatusRegionCategoriesEcosystemFoundedToken Issuance
Flashwire
Series A
Singapore
CeFi
Jan 01, 2020
No Token
Nubila Network
Oracle
DePIN
Infra
Jan 01, 2024
No Token
Powered by
VeChain
VET
$0
-1.37%
Total dollar volume24H
$96,942,453
High24H
0.03296 USDT
Low24H
0.03 USDT
Market Cap
#46$2,559,127,301
FDV
$2,717,127,301
Turnover rate
3.79%
Circulating supply
80,985,041,177
Total supply
85,985,041,177
Max supply
86,712,634,466
All time high
0.2798 USDT
All time high date
Apr 17, 2021
Down from All time high
-88.71%
Cycle low
0.01318 USDT
Cycle low date
Jun 10, 2023
Up from cycle low
139.76%
Contracts
Vechain:0x56...D59d
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Discord
Medium
Youtube
Facebook
Instagram
Introduction

VeChain (VET) is a versatile enterprise-grade L1 smart contract platform.

VeChain began in 2015 as a private consoritium chain, working with a host of enterprises to explore applications of blockchain. VeChain would begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET.

VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants.

Above are only for introduction, not intended as investment advice.

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