FREE BITCOIN

Gamble as you want,

your wife will never find out!

First p2p bitcoin betting platform!

Guess Bitcoin’s trend and win!

Clever enough to guess

Bitcoin price?

VeChain Makes a Comeback with a Strategic Partnership - Global Coin Report
Connect with us

Blogs

VeChain Makes a Comeback with a Strategic Partnership

Published

on

VeChain
READ LATER - DOWNLOAD THIS POST AS PDF

VeChain, one of the most popular blockchain platforms, has attracted the attention of investors recently. As a decentralized blockchain project, VeChain (VEN) is widely recognized for its financial services, including supply chain management. Although VEN’s performance has been impressive in the past few weeks, it has managed to grip the investors’ attention.

Tracing the recent developments on VeChain platform, the blockchain has invigorated fresh interest with the upcoming Mainnet launch. The crypto project, which has rebranded its name to VeChain Thor (VEN), has also released its updated whitepaper. VeChain’s executive Sunny Lu affirmed that the project is prepared to usher in a new phase with Vechain Thor. While giving a statement in an interview on the Box mining channel, Sunny Lu spoke about the upcoming Mainnet launch scheduled for June, stating the challenges involving the dApps, development. After listing on platforms like Bitmart and Zebpay, VeChain is ready to surprise investors with interesting partnerships.

Critics Slam VeChain for Rigorous Code Testing

While many traders have acknowledged the developments on the blockchain, VeChain was not entirely free from criticism. As VeChain proceeds towards its much anticipated Mainnet launch, many critics have slammed it for the testing of its code. Discernibly, the development team has been rigorously testing its code prior to the Mainnet launch. Speaking of the upcoming VechainThor (VEN), Lu said that the purpose of “any kind of software project or system project, you should put at least fifty percent of [your] budget in testing”.

VeChain (VEN) Announces Strategic Partnership with DECENT.bet

Originally designed as a digital platform for regulating supply chain management processes, VeChain enables users with the opportunity of assessing the quality of products. While the blockchain is largely deployed to determine the authenticity of luxurious items, it also provides consumers with comprehensive background information of various products. This influential crypto project, which has made some exciting developments on the blockchain to impress its investors, has witnessed some interesting developments.

One of the recent announcements that caught the investors’ attention is VeChain’s partnership with DECENT.bet. As a one-of-its-kind gaming platform, DECENT.bet offers a profitable alternative that promises to revolutionize the future of gaming. In a medium post, the gaming platform announced that it has signed a strategic partnership with VeChain. Explaining the reasons for choosing VeChain Foundation, DECENT.bet team asserted that VeChain stood out to the global audience for its invaluable services. Given the fact that VeChain has expanded its reach through a number of important partnerships, VeChain seemed like the best alternative for the gaming platform.

Speaking of the why DECENT.bet made the decision of tying up with VeChain Foundation, the team discussed the following points:

  • VeChain has cemented its place in the global community as an international enterprise-level public platform. It has expanded its reach globally with its consistent performance, global partnerships, and overwhelming market response.
  • Besides the notable partnerships, the blockchain has been widely recognized for its well-structured, networked system that offers efficient resources, incubators, and other top-notch facilities.
  • Through the real-world applications of blockchain technology, VeChain Foundation has proven the fact it is a pioneer in this field. The gaming industry will greatly benefit from such a partnership, and DECENT.bet’s disruptive technology is likely to receive a boost.
  • The VeChain executives believe in building momentum for mainstream uptake, and DECENT.bet aims to accomplish the same thing.

 Key Developments on VeChain Blockchain

As evident from the market response, DECENT.bet’s the tie-up with the blockchain has become all the rage. While events such as this and Mainnet release have created a lot of noise in the market, VeChain is set to surprise its users with strategic developments. As per the latest updates, Liangang, The International Intelligent Manufacturing Exhibition Trading Center has signed a deal with VeChain (VEN). Apart from these partnerships, mention can be made of VeChain’s listing on BarterDEX and MustangChain’s decision to launch blockchain on VeChain platform. In any case, as all eyes are set on the Mainnet Launch, VeChain is gearing up to embrace a new phase of unprecedented growth.

VeChain and the Market

As evident from the currency’s recent price movements, VEN is struggling to come out of a bearish downtrend. Although a bearish market is underway, the coin has bolstered its position with interesting upgrades, which include strategic partnerships and listings. Trading at $3.47, the coin has moved up from its previous position by 4.88%. Ranking 16 by market capitalization, its market capitalization is tantamount to $1,825,602,301 as of May 30, 2018. Presently trading in the green, the currency is likely to see some major changes in the coming days, and if everything goes well, the Mainnet can restore VeChain’s position in the crypto space, taking it to new heights of success.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Blogs

Top 3 Crypto Trends That Might Go Big in Q2 2019

Published

on

crypto trends
READ LATER - DOWNLOAD THIS POST AS PDF

So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

Continue Reading

Blogs

The Crypto Space Once Again Divided Over Bitcoin SV

Published

on

Bitcoin SV
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

Continue Reading

Blogs

Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

Published

on

Ripple
READ LATER - DOWNLOAD THIS POST AS PDF

One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

Continue Reading

Elite