VeChain Mints €1.5 million NFT In First Ever Inventory Monetiz | Apecoin_VeChain_Elrond
VeChain Mints €1.5 million NFT In First Ever Inventory Monetization Using Blockchain
VeChain completes the first transaction to monetize inventory on the blockchain using NFTs. Leading enterprise blockchain VeChain has recently minted an NFT worth about €1.5 million ($1,558,500) as part of an initiative to allow businesses. The blockchain network iterated the achievement today in a Twitter post. However, the actual transaction occurred at the end of October. The tweet said that the NFT represents the inventory of an Italian automobile manufacturer. VeChain token (VET) holders are excited by the news, with some speculating.