VeChain has recently introduced a groundbreaking update that transforms node rewards and introduces a comprehensive marketplace within the Rewards dApp, providing enhanced opportunities to earn VET tokens. This update sets the stage for significant growth and innovation for VeChain in 2023 and beyond.
VeChain is a well-known blockchain protocol that incentivizes a network of computers to manage a platform that enables businesses to develop and run decentralized applications (dApps). Its main objective is to facilitate digital collaboration among businesses by offering innovative tools for efficient data transfer and supply chain management.
To achieve its goals, VeChain continually enhances its services to revolutionize the marketplace. In December, they made a major update, as announced on their official X account. This update includes features such as View, Bid, Sell, and Transfer Economic/X-Nodes, all accessible through the official Rewards dApp.
The Node Rewards platform of VeChain has now introduced the marketplace, which is officially live. Users can now view, bid, sell, and transfer Economic/X-Nodes directly from the official Rewards dApp.
VeChain’s December edition update, as detailed in their official announcement, includes VeWorld, VORJ, Rewards Platform, Nodes, a New dApp Kit, and more. These new tools, products, and services are expected to enhance the capabilities of the VeChainThor blockchain.
The VeChain Node Rewards system offers users compelling incentives for retaining VET tokens and actively participating in the operation of a node within the VeChain network. By participating, users have the opportunity to earn various rewards, particularly in the form of VTHO tokens, which are essential for covering transaction costs within the VeChain network.
The introduction of the marketplace is a strategic move by VeChain to enhance the functionality of its Node Rewards platform. It serves as a centralized hub where users can explore comprehensive listings, engage in competitive bidding, make sales, and conduct seamless node transfers.
VeChain has made significant contributions to sustainable industries, including automotive, food security, and pet care. Its involvement in billion-dollar markets and governmental policies has established its role as a pioneer in sustainable blockchain technology. VeChain continues to address the complexities and demands of various market areas in all sectors through ongoing improvements in its blockchain activities.
Looking ahead to 2024, VET has demonstrated resilience in the market, with a slight drop of 1.62% in the last 24 hours. In contrast, other cryptocurrencies like AVAX have experienced a 14.45% decrease. VTHO, on the other hand, has surged by over 48.06% in the last 7 days, playing an important role within the VeChain ecosystem.
The VeChain team, led by CTO Antonio Senatore, reflects optimistically on the achievements, upgrades, and substantial development in 2023. However, they acknowledge that there is still much more to be accomplished.
VeChain’s commitment to consistently enhancing its services provides new opportunities for earning more VET tokens. As the platform evolves, it offers dynamic ways for users to engage and profit. This ongoing development is a crucial factor for those considering investing in or increasing their VET holdings.