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- VeChain launches VeBetterDAO, a decentralized autonomous organization (DAO) on its ALPHA TESTNET PHASE, offering participants the opportunity to engage and earn B3TR tokens, convertible to VOT3 tokens upon mainnet launch.
- VeBetterDAO promotes sustainability in Web3, fostering collective action and rewarding sustainable practices within its ecosystem.
VeChain’s latest initiative, VeBetterDAO, is currently in its ALPHA TESTNET PHASE, anticipating a full mainnet launch on June 30, 2024. CNF YouTube Video: VeBetterDAO – Empowering Sustainable Community Governance Engaging with the DAO during this testnet phase grants participants the utility token B3TR, redeemable on a 1:1 basis upon mainnet launch.
As the DAO enters its 5th voting round, its core mission of mainstreaming sustainability through blockchain technology becomes increasingly apparent.
Empowering Sustainable Actions: The VeBetterDAO Experience
VeBetterDAO incentivizes sustainable practices by rewarding users with B3TR tokens and facilitating community governance. Users can actively participate in decision-making processes and claim a variety of benefits, including airdrops, through the DAO’s governance dApp. Moreover, the ecosystem nurtures dApps like Vyvo, Mugshot, and Cleanify, each contributing to health, sustainability, and environmental consciousness.
Built on the VeChainThor platform, VeBetterDAO ensures transparency and fairness by refraining from pre-minting or private sales. Instead, it encourages enterprise and developer participation through sustainability grants and hackathons, fostering a vibrant community of Web3 builders committed to driving positive change.
Celebrating Milestones and Looking Ahead
As VeChain’s ecosystem continues to evolve, recent milestones such as the VeBetterDAO hackathon winners underscore its dedication to innovation and sustainability. Previous CNF updates highlighted the victories of VeChain’s VeBetterDAO Hackathon Champions: Meatless and EcoNex, further demonstrating the platform’s commitment to pioneering enterprise solutions. With ongoing developments and initiatives, VeChain remains at the forefront of driving impactful change through technology.
Join the VeBetterDAO Community
In a recent tweet, VeChain announced the launch of VeBetterDAO on testnet, inviting users to participate in the ongoing voting round and earn tokens redeemable upon mainnet launch. The DAO also offers unique incentives, such as the GM Earth NFT, to active voting members, further encouraging engagement in governance activities.
#vechain has a new DAO that is still on testnet. Interacting with the DAO gets you the token, which will be honored 1:1 at mainnet launch (June 30,2024).
Voting for the 5th round is currently live, so go dive in.
Documentation: https://t.co/TG0PtrVNaY$VET $VTHO pic.twitter.com/cwkMOb29bj
— Flamé (VFS Stake Pool) (@TheVirtualFlame) April 1, 2024
As of the time of writing, VeChain (VET) prices stand at $0.04112, with a decrease of 9.48% in the past day and 9.83% in the past week. These fluctuations reflect the dynamic nature of VeChain’s market performance and its ongoing journey towards sustainable growth and innovation.