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VeChain Showcases Significant Achievements and Needs Tokenomics Improvement

Aug 20, 2024
  1. VeChain Achievements
  2. Criticism and Necessary Improvements
  3. Future Prospects

In recent years, VeChain has shown significant growth and gained wide recognition among major companies. However, experts see the need for improvements in its tokenomics. Let's consider the main achievements, criticisms, and future prospects for this blockchain platform.

VeChain Achievements

In recent years, VeChain has received support from major companies such as BMW, Walmart China, Groupe Renault, AT&T, T-Mobile, and LVMH. Its services are also actively used by DeFi platforms like APEWorld, vet.domains, and others. In March, VeChain announced the launch of a new tokenization platform, MaaS, with MotoGP team Gresini Racing as its first user.

Criticism and Necessary Improvements

VeChain has surpassed its 2021 levels and continues its steady growth. However, the platform's tokenomics, particularly the $VTHO generation versus burn ratio, needs optimization. Active accounts and transaction volumes on the platform continue to grow, indicating the increasing recognition and real value of VeChain.

Many new chains, despite loud claims, inflate volumes using bot users and algorithmic data. They often lack real value.M_Value

Future Prospects

In the future, VeChain plans to attract new decentralized applications (DApps) and companies, increasing their interest in using the network. In the long term, VeChain's efforts in organic development and real business activity could pay off.

The intelligent investor is a realist who sells to optimists and buys from pessimists.Benjamin Graham

VeChain has firmly established itself in the blockchain industry due to its real value and wide support. However, the platform's future success depends on its ability to optimize tokenomics and expand its ecosystem. Time will tell how successful these efforts will be.

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