VeThor Token (VTHO) offers a dual token system for efficient transactions on the VeChainThor blockchain. More
| Fully Diluted Valuation | $183.92M |
|---|---|
| 24H Trading Volume | $3.91M |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 92.27 B |
| Total Supply | 92.32 B |
| Max Supply | 0.00 |
| Categories | VeChain Ecosystem 1 more |
|---|---|
| Founder | Sunny Lu |
| Website | vechain.org |
| Socials | 2 more |
| Chains | VeThor Ecosystem |
| Explorer | Vechain 3 more |
| Name | Pair | OG Score |
|---|
VeThor Token (VTHO) on the VeChainThor Blockchain
VeThor Token (VTHO) is an integral part of the VeChainThor blockchain, which operates on a dual token system alongside VeChain Token (VET). Similar to NEO & GAS, users are rewarded with VTHO when holding VET. VET is used to deploy applications on the platform, while VTHO is utilized to pay for applications and transactions on the network.
Creating a Trust-Free and Distributed Business Ecosystem
VeChain Thor aims to create a trust-free and distributed business ecosystem that enables transparent information flow, efficient collaboration, and high-speed value transfer. With over two years of operation, the project has already attracted customers from various industries, including luxury goods, agriculture, logistics, food/drug, and governments, who are using VeChain's blockchain technology.
Tracking and Ensuring the Authenticity of Goods
The technology offered by VeChain allows for tracking items through supply chains, ensuring the authenticity and quality of goods, and maintaining quality control over food products. VTHO Token, a VIP-180 Standard token, represents the cost of using the VeChainThor blockchain and facilitates processes and transactions on the network.
Founder and CEO of VeChain
Sunny Lu is the founder and CEO of VeChain, with a diverse professional background that includes positions at Bacardi China, Louis Vuitton China, and ultimately leading to the creation of VeChain in 2015. The company underwent a significant rebranding process in 2018, leading to the establishment of the VeChainThor blockchain and the introduction of VTHO Token.
The Unique Bi-Token Design of VeChainThor
The unique bi-token design of VeChainThor allows traders to participate with both VET and VTHO, diversifying their involvement with the project. The blockchain offers increased processing speeds, an open-source design, and meta-transaction features that enable multi-party payments and multi-task transactions. This versatility makes blockchain capabilities accessible to enterprise users of all levels. Transactions and smart contracts on the VeChainThor network are executed using VTHO, which is not directly tied to the market value of VET, ensuring the network's stability and functionality.
Enhanced Processing Speeds and Versatile Features
In conclusion, VeThor Token (VTHO) plays a crucial role in the VeChainThor blockchain, enabling efficient and secure transactions and smart contract operations. With a focus on transparency and efficiency, VeChainThor aims to revolutionize various industries by providing a trust-free and distributed business ecosystem.
VeThor Token (VTHO) is unique due to its role in the VeChainThor blockchain's dual token system, where it represents the cost of using the network and facilitates transactions independently of VET's market value.
Sunny Lu is the founder and CEO of VeChain, the parent company of VeThor Token (VTHO), with a background that includes key positions at Bacardi China and Louis Vuitton China before founding VeChain in 2015.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of VeThor (VTHO) is ($92,267,606,799), max supply of VeThor VTHO is ($0) and the market cap of VeThor VTHO is ($183,811,725).
What is the VeThor (VTHO) price prediction?
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The current market price of VeThor (VTHO) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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