VeChain, the blockchain platform known for its focus on innovation and real-world applications, has released its latest tech update, packed with exciting advancements. This update sheds light on the progress made by VeChain’s development teams and hints at the platform’s future direction.
VeBetterDAO: A Beacon for Sustainable Blockchain Adoption
A standout feature is the introduction of VeBetterDAO. This groundbreaking decentralized application (dApp) platform and community DAO aims to incentivize engagement with sustainability initiatives. By rewarding participation in sustainability-focused dApps and facilitating platform governance through rewards logged on the VeChain blockchain, VeBetterDAO paves the way for a more eco-conscious blockchain ecosystem.
This launch signifies VeChain’s commitment to driving widespread adoption, particularly in light of upcoming regulations like the European MiCA and stricter environmental standards. VeBetterDAO positions itself as a key player in shaping the future of environmentally responsible blockchain ecosystems.
Also Read: B3TR Planet: VeChain Unveils Three-Phased Plan for Sustainable Future with VeBetterDAO
Simplifying NFTs with Marketplace as a Service
Another key update is the introduction of Marketplace as a Service (MaaS). This white-label NFT platform caters to businesses by eliminating the need for extensive Web3 development expertise when creating NFT marketplaces. MaaS streamlines the process of tokenization and NFT integration, making it easier for businesses to leverage the power of NFTs in their operations.
Enhanced Core Protocol and User Experience
The update also brings Thor Update v2.1.1, featuring improvements to the core protocol and user interface. This update increases the block gas limit, allowing for more transactions per block, and enhances API usability, ultimately leading to a smoother and more user-friendly experience on the VeChainThor blockchain.
The update highlights other noteworthy advancements, including the Node Rewards Platform, upgrades to VeChain’s official website, VeWorld Wallet, and Ledger Live Application. Additionally, the launch of a new software development kit and the ability to deploy smart contracts directly on the VORJ Wallet further expand VeChain’s functionalities and developer toolkit.
VeChain’s latest tech update demonstrates a multi-pronged approach. By introducing VeBetterDAO, the platform champions sustainability within the blockchain space. Meanwhile, MaaS empowers businesses to embrace NFTs, and core protocol enhancements ensure a more robust and user-friendly experience. With these advancements, VeChain positions itself for continued growth and innovation in the ever-evolving blockchain landscape.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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