VeChain (VET) Price and Reviews 2021

5.0 / 5

2 user reviews

4.0 / 5 Our Score

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Site: www.vechain.org

Market cap: $ 19,217,656,703.6

Supply: 85,985,041,177.0

Price (USD): $ 0.2235

Volume 24h: $ 161,571,713.56059

Change 24h: -13.7%

Algorithm: VeChainThor Authority

Proof type: Proof of Authority

Total supply: 86,712,634,466.0

Total coins mined: 55,454,734,800.0

Is trading: yes

Block reward: 0.0

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Expert Review

May 23, 2020

VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information. The VeChain ecosystem uses two native tokens, VET and THOR. VET is used for payments between accounts and stakeholding while THOR is needed to pay for services provided by DApps. Also, THOR tokens can be received as a reward. VeChain managed to create a large number of offices around the world and gain strong partnerships in business and governments.

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Our Score

Transaction speed 4 / 5

Technology 4 / 5

Security 4 / 5

Investment potential 4 / 5

Reputation 4 / 5

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4.0 / 5

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User reviews

Michael Foster 31 March, 9:09 PM

5.0

Vechain is superior to most blockchains out there., especially TRX omg