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VeChain set up for metaverse with ExoWorlds

September 30, 2022
in Crypto News
Reading Time: 2 mins read
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VeChain (VET) highlighted on KuCoin 60s Crypto Gem Show
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Source: Den Rise Shutterstock

  • The team behind the project has also launched VeChainHasNFTs, an all-inclusive community meant to advance the interest of the VNFT ecosystem.
  • With the expectation that the total addressable market for the metaverse could reach $8 trillion to $13 trillion by 2030, this move could open the way for more Investment. 

As a blockchain platform designed to enhance supply chain management and business processes, VeChain has for the past few months sealed several high-profile partnership deals with industry-leading firms. According to a recent report, VeChain has been set up for the metaverse with the likes of ExoWorlds and other partnerships. With the expectation that the total addressable market for the metaverse could reach $8 trillion to $13 trillion by 2030, this move could open the way for more Investment.

VeChain is one of the leading blockchain platforms that are scalable enough to serve the $4 trillion market. The team behind the project has also launched “VeChainHasNFTs”, an all-inclusive community meant to advance the interest of the VNFT ecosystem. According to their latest report, there is a giveaway in the pipeline once their targeted milestone is achieved.

The #VeChainHasNFTs Road to 500 is ON! When milestones are hit, the giveaways will drop! Winners will get to select the NFT of choosing from our prize vault!

VeChain processes over 700k transactions for Walmart

VeChain recently sealed a partnership deal with the china-based subsidiary of Walmart to build a blockchain traceable platform on VeChainThor. The company disclosed in a tweet that it has processed over 700,000 transactions in 3 hours for Walmart. 

In just over 3 hours, #VeChain has pumped out almost 700k transactions for the biggest company in the world (Walmart).

No spam, no token shuffling, real world, economically beneficial on-chain activity for 1 company, with thousands to come. $VET is the future of #blockchain.

To come up with a trade solution for the food and beverage industry, VeChain has also partnered with ASI Group and DNV GL. It has also sealed a partnership agreement with the UFC. With this, it will receive the integration into the “premier UFC assets of any sponsor in UFC history.” In addition, they would collaborate on custom and original content involving UFC talents and athletes.

 


Credit: Source link

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