VeChain to Hold AMA on X on July 31st
VeChain will host an AMA on X on July 31st featuring chief executive officer Sunny Lu, dedicating the discussion to StarGate, a new staking framework that tokenises VET as utility NFTs and allocates a US$15 million reward pool within the Renaissance roadmap.VET InfoVeChain (VET) is a blockchain platform specifically designed to enhance transparency in supply chains. VeChain's technology is built upon two tokens: VET and VTHO. The VET token primarily serves as a means of payment or money transfer among VeChain users. On the other hand, the VTHO token is utilized to pay for transaction fees and interact with smart contracts on the VeChain blockchain.It is important to note that VeChain has established collaborations with numerous prominent companies and organizations. For instance, the project has partnered with international consulting firm PwC, automobile manufacturer BMW, and others. This is attributed to VeChain's blockchain approach, which is highly suitable for industrial applications, particularly in the realm of supply chain management.