- VeBetterDAO, launched by VeChain, promotes a cross-sector ecosystem of dApps with the X-2-Earn methodology, aligning with UN 2030 goals.
- It introduces B3TR and VOT3 tokens, essential for governance and participation in VeBetterDAO, fostering a participatory and democratic blockchain environment.
Recently introduced by VeChain, VeBetterDAO will function as a component to promote sustainability. This platform is designed to drive an ecosystem of decentralized applications (dApps) that cross different sectors, employing a strategy known as X-2-Earn .
The main objective is not only to attract users’ attention to blockchain technology, but also to facilitate its large-scale adoption. In parallel, VeBetterDAO seeks to capture a share of a market valued at $1 trillion, thus aligning itself with the goals set by the UN for the year 2030.
The implementation of VeBetterDAO is divided into three key phases: Pilot Show Alpha, Pilot Show Beta and Launch Gala. This gradual approach is fundamental to VeChain’s progress towards its sustainability goals, representing an important step forward in its long-term strategy.
The initial phase, Pilot Show Alpha, has already activated certain functionalities and anticipates the distribution of B3TR tokens, as ETHNews reports. This first step is designed to test various functions with the direct participation of users, laying the groundwork for the next stages of the project.
Looking ahead to the Launch Gala, VeChain plans to introduce a variety of new features aimed at enhancing the user experience and consolidating the VeBetterDAO ecosystem.
The road to a billion users utilizing blockchain technology for sustainable action begins with our launch of VeBetterDAO.
This journey sets VeChain on the path to mass adoption 🧵👇 pic.twitter.com/deAXzOr5Uu
— vechain (@vechainofficial) March 3, 2024
The recent updates comprise the creation of Galaxy Membership NFTs, the introduction of automated staking mechanisms, improvements in the utilities and features of X-2-Earn DApps, the production and allocation of B3TR tokens, along with the automation of financial management and governance processes.
Furthermore, the initiation of VeBetterDAO brings forth two essential tokens to the ecosystem’s operation: B3TR and VOT3. VOT3 is designated as a governance token within VeBetterDAO, necessary for engaging in governance activities and vital for the distribution of newly created B3TR tokens..
The current price of VeChain (VET) is approximately 0.05046382 USD, up 0.00182719 USD or about 3.76%. Today, the price has seen a change of 3.79%. Over the last week, VeChain has seen an increase of 12.15%
