Stay safe. If installing wallet software on your computer always run it thru a virus scanner first. Make sure to encrypt all your wallets with a password and use a different password for each wallet. Be extra careful and vigilant with newer coin wallets. If the virus scanner returns any potential detections, do not install and delete the install file immediately. Online virus scanner tool: https://www.virustotal.com/
VeChain (VET)
Ticker
Name
Listing Date
Network
Is Token
USD Value
Circulation
Market Cap
Links
Social Community
Primary Markets (2 Active) - Total Market Volume: ~$11097
Liquidity Pools (1 Active) - Total Pool Liquidity: ~$72
About
VeChain Thor (VET) is a cryptocurrency and smart contracts platform focused on enterprise use. It utilizes IoT technology (like NFC chips, RFID trackers, and QR codes) and connects them to a single distributed ledger. According to the VeChain Foundation, partnerships have been developed with companies in several industries including luxury goods, automotive, agriculture, logistics, food/drug, and governments.Sunny Lu, former Chief Information Officer of Louis Vuitton China, founded VeChain in 2015. Initially, VeChain launched as an ERC-20 token called VEN. In August 2017, VeChain held an Initial Coin Offering (ICO) where 200,000 ETH was raised which was about $60 million at the time.
On June 30, 2018, VeChain released VeChain Thor on its own mainnet. With the roll-out of this independent blockchain, token holders swapped VEN for VET, at an exchange rate of 1:100. (VEN is no longer active.)
The VeChain Thor blockchain uses a dual token model. VET is the native token and functions as a store of value, whereas VTHO is used to pay for using and building apps on the blockchain. VTHO is automatically generated by owning VET. By using a dual token model, transaction fees remain more stable compared to a system where there is only one coin.
Reserves Verification (Beta - we are still building automated signatures)