VeChain, a leading blockchain platform for enterprises, has set its sights on revolutionizing sustainability efforts with the introduction of VeBetterDAO, an ambitious Decentralized Autonomous Organization (DAO). This innovative project aims to foster a global community actively engaged in driving positive environmental change.
Dual Tokens Power the Sustainability Engine
VeBetterDAO functions through a two-token system: VOT3 and B3TR. VOT3 empowers users as governance token holders. They can vote on proposals and earn staking rewards, shaping the DAO’s future. B3TR, on the other hand, acts as the DAO’s lifeblood. It incentivizes participation, fuels innovation, and promotes eco-friendly initiatives.
A Phased Approach for a Smooth Takeoff
The release of VeBetterDAO is meticulously planned across three phases: Pilot Show Alpha, Pilot Show Beta, and the Go-Live Gala. Currently in the Alpha phase (launched in late February), a limited amount of B3TR tokens are being distributed through airdrops, community engagement activities, testnet participation, and user seeding. This allows users to familiarize themselves with the platform, test functionalities, and provide valuable feedback for further development. Importantly, B3TR tokens earned during Alpha will seamlessly transition to the mainnet launch.
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The Grand Unveiling and Beyond
The official launch of VeBetterDAO is scheduled for June 30th, coinciding with VeChainThor’s mainnet anniversary. The Go-Live Gala promises exciting features like B3TR minting and distribution, upgradeable Galaxy Membership (GM) NFTs, enhanced X-to-Earn DApp functionalities, staking programs, and automated treasury and governance management.
VeChain envisions a future where millions are actively rewarded in B3TR for making eco-conscious choices. As the ecosystem expands, users will discover innovative ways to spend and utilize their B3TR tokens, fostering wider adoption of the VeChain platform. VeBetterDAO represents a long-term commitment, strategically positioning VeChain at the forefront of sustainability within the ever-evolving Web3 landscape.
Upgradeable NFTs: A Hierarchical Reward System
VeBetterDAO leverages a unique upgradeable NFT system called Galaxy Membership (GM) NFTs. These NFTs determine user privilege levels, with higher levels unlocking greater rewards. Upgrading a GM NFT requires B3TR token donations to the DAO’s Treasury, which directly fuels the ecosystem’s growth.
Notably, VeChain X-Nodes and Economic Nodes will be recognized for their contributions to VeChainThor governance by receiving higher rewards upon launch. It’s important to remember that GM levels will unlock progressively, allowing users time to accumulate the necessary B3TR for upgrades.
VeBetterDAO presents a compelling vision for a future where sustainability and blockchain technology converge. By empowering communities and rewarding eco-friendly actions, VeChain is poised to make a significant impact on the world.
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