VeChain’s native cryptocurrency, VET, has been integrated into Coinbase’s educational program, allowing users to earn VET tokens for free. Coinbase’s inclusion of VTHO along with VET further emphasizes the growing importance of supply chain management in various industries. VeChain, an enterprise-grade smart contract platform, now offers its native cryptocurrency, VET, as part of Coinbase’s learning program. Coinbase rewards users with cryptocurrency in exchange for learning about specific cryptocurrencies through educational tutorials and quizzes. Participants earn VET tokens for successfully completing each quiz, with the rewards deposited into their Coinbase accounts.
This integration of VeChain into Coinbase’s learning program will enhance awareness of the blockchain platform. Users can also earn free VET tokens by learning about VeChain through the program. VeChain is a specialized blockchain platform that focuses on streamlining supply chain management and enterprise operations oversight. Within its network, VET and VTHO tokens play vital roles. VET facilitates transaction settlements within smart contracts, while VTHO covers gas fees associated with network transactions.
Coinbase’s involvement with VeChain underscores the increasing significance of supply chain management across various industries. Blockchain technology allows companies to track the origins and journeys of their products, enhancing transparency and consumer confidence. This announcement follows Coinbase’s listing of VeChain (VET) tokens on its platform.
VeChain, launched in 2015, operates on a dual-token system. VET serves as the primary token for value transfers within the network, while VTHO covers transaction fees. With its addition to Coinbase, VTHO can now be traded alongside VET. VET plays a crucial role in blockchain markets by facilitating transactions and supporting smart contracts. VET holders gain access to various services and features, including staking rewards and participation in network operations.
Apart from its listing on Coinbase, VeChain has introduced a groundbreaking upgrade to VORJ, a Web3-as-a-Service platform. This enhancement democratizes the world of blockchain by allowing individuals to easily create, deploy, and manage smart contracts on the VechainThor blockchain. Users can now mint up to 5,000 NFTs on VORJ each month at no cost, removing the need for complex coding. Deploying NFTs to a marketplace takes minutes, and VORJ’s collaboration with World Of V provides seamless NFT marketplace integration.
In conclusion, VeChain’s integration into Coinbase’s learning program and its recent developments highlight its growing prominence in the blockchain industry.