You can now receive, hold, swap, and tip VET tokens via CCTIP.
IN LETTER,
- About VeChain
- VET Token Details
- CCTIP features you can use with VET: Receive, Hold, Tip, Play-To-Earn, and Airdrop.
CCTip has successfully completed the integration of the VeChain protocol to CCTIP. Users can now swap, hold, tip, airdrop, and play games with VET tokens.
We believe that adding the VeChain protocol to the CCTIP wallet will allow users to benefit from Vechain's revolutionary technology, thereby making the most of their VET holdings.
What is VeChain?
VeChain aims to create an ecosystem that helps manage supply chains and business processes by facilitating seamless data flow and integrating off-chain (physical) data with blockchain records to ensure real-time, trustless data sharing between all participants in a supply chain. As a result, fraud is reduced, and transparency is increased.
VeChain integrates Internet-of-Things (IoT) and Distributed Ledger Technology (DLT) to help significant industries, like medicine, energy, food, and health to reduce counterfeit products in the market, tracking all items used in producing major items; as a result, everything happening at each stage of the supply chain is tracked, and consumers can easily confirm the legitimacy of their purchases.
VeChain Core Features:
· VeChainThor Blockchain: The VeChainThor Blockchain is designed for mass adoption of blockchain technology on all levels of commercial use. VeChain founders argue that Ethereum and the EVM are unsuitable for hosting large-scale commercial dApps because of their economic and governance models. As a result, the VeChain improves on the foundational Ethereum features, like the EVM, RLP encoding method, etc.), modifying them to suit unique governance and economic models that will support a large-scale commercial blockchain.
· Two-Token Design: VeChain uses two native tokens to tackle the unpredictability of Blockchain costs due to volatility. VeChain Token (VET) is used as a value transfer medium within the ecosystem, while VeChainThor (VTHO) represents the cost of using the VeChainThor Blockchain. VTHO is generated from holding VET and is destroyed after on-chain operations are performed; as a result, the price of VTHO isn't directly dependent on the VET. This helps to regulate the blockchain costs.
· PoA Consensus Mechanism: VeChainThor utilizes the Proof-of-Authority consensus mechanism to verify and add transactions to the Blockchain. An intending Authority master node must stake 25 million VET tokens while submitting personal information to the VeChain foundation.
(PoA doesn't work with anonymity, as the validating nodes have to stake their reputations via verifiable real-life information. Hence, it faces the challenge of depending on centralized authorities for validation).
VeChain is working on protocol improvement to upgrade its PoA mechanism to PoA 2.0 to allow more randomized mechanisms of selecting validators.
· VeChain ToolChain: The VeChain ToolChain is a platform created and backed by the VeChainThor Blockchain. It has unique protocols that enable the building of dApps without being highly proficient in blockchain development (no-code/low-code blockchain development), using power APIs and SDKs that enable the building of scalable dApps that allow integration of Blockchain into large and small-scale businesses.
VeChain (VET) Token Information Sheet
Token
Name: |
VeChain Token |
Token
Symbol: |
VET |
Blockchain
Network: |
VeChainThor
Blockchain |
Blockchain
Explorer: |
|
Token
Type: |
Utility &
Governance |
Circulating
Supply: |
64,315,576,989
VET |
Total
Supply: |
86,712,634,466
VET |
Maximum
Supply: |
86,712,634,466
VET |
Token
Allocation: |
Private sale 9%,
Ecosystem 23%, Crowdsale 27.7%, VeChain Foundation 13.3%, Team 5%, Development
22% |
Website: |
VET Token Use case:
VET is used to pay transaction fees and build dApps on the VeChain Blockchain.
VET Social Community:
Where to Get VET Tokens?
You can purchase VET tokens from popular exchanges like Binance, Gate.io, Kucoin, Huobi, Bitfinex, Bittrex, etc.
Easily send, receive, hold or swap VET Tokens on CCTIP:
You can quickly deposit, withdraw, or Swap VET tokens using the CCTip wallet at the lowest possible fees.
Learn more about sending/ receiving and swapping tokens!
CCTIP offers the lowest cross-chain transaction fees:
You can swap VET tokens between 200+ cryptocurrencies present on CCTIP. Whether performing a cross-chain swap or an "on-chain swap," CCTip offers the lowest possible transaction fees. You can swap various currencies within your wallet for absolutely free!
VET Token Price
CCTIP updates its price charts in real-time, so you can find live updates on the VET token via CCTIP Wallet.
Get a free instant wallet now.
Enjoy Tip, Airdrop, or Play-to-Earn VET Tokens via CCTIP:
CCTip offers the easiest ways to send Tips and Airdrops to your friends or community members using CCTIP Bot via multiple social platforms like Twitter, Discord, and Telegram.
If you want to airdrop VET tokens with a touch of fun and thrill, you should immediately explore CCTip's Game Airdrops, where you create one-of-a-kind free games! A new way to airdrop where you play to earn free crypto!
Now send VET or choose from 500+ tokens to Tip, Airdrop, or play games with your community!
Check out details on tipping instructions on Twitter, Discord, and Telegram.
Create an exclusive #VET Community with CCTip DAO:
A group with all true VET fans can be regulated using the CCTip DAO. It allows you to set a minimum of VET tokens required for a new member to join the telegram/discord group. It is a beneficial tool for crypto start-ups and tokenized communities to engage with their target audience and grow their community.
Think of it as an exclusive group accepting the VET community by simply verifying their crypto assets!
Closing Thoughts
We hope you have gained insights and information on our newly listed network – VeChain (VET), and how you can seamlessly use it with CCTIP services!
Remember that you can receive, hold, tip, or swap VET tokens on CCTip.
Now grow your community efficiently and quickly by exploring the various top features offered by CCTIP! Create an instant account now and enjoy cheap transaction fees with many features!
If you have any questions or comments, please leave a comment or join our community for more discussions, tips, and airdrops.
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