VeChain CEO Sunny Lu held an AMA session with the BeInCrypto community, discussing key company initiatives and the new Stargate mechanism launch.
Stargate Launch and Decentralization
During the AMA, Lu highlighted the Stargate staking mechanism which allows NFT holders to partake in protocol security without worrying about their assets. He reported that over 10,000 NFTs have been minted, with total staking reaching 5.4 billion VET. The company is actively working to onboard institutional partners through a new growth team focused on investor relations and staking services.
Incentivizing Positive Actions with VeBetter
The VeBetter.com platform on the VeChainThor blockchain rewards users for real-life positive actions and currently supports 42 applications within its ecosystem. Lu noted that one popular app, Mugshot.Eco, has already attracted 1.8 million users, with other initiatives like EvEarn.io integrating with Tesla and ScoopUp.vet encouraging pet owners to clean up after their dogs.
Regulatory Clarity in VeChain
VeChain ensures full compliance with MiCAR regulations across 27 European countries, opening new avenues for institutional and enterprise partnerships. Lu emphasized ambitious plans for expanding regulated asset offerings under MiCAR and targeting the U.S., Middle East, and Asia. Key focuses for the remainder of 2025 include advancing VeChain Renaissance, expanding VeBetter.com, and strengthening regulatory compliance.
VeChain's successes under Sunny Lu demonstrate the company's commitment to innovation and active partnership development, which could ensure long-term sustainability and recognition in the blockchain space.
