Apecoin_VeChain_Elrond

2022-10-31 22:30:00 Inventory Monetisation Leveraging NFTs Completed on the VeChainThor Blockchain

Supply@ME and VeChain today announced that the NFT underpinning the first Inventory Monetisation transaction has been officially minted on the VeChainThor blockchain. The EUR1.6million transaction will significantly enhance cashflow and access to working capital for a business involved in the design and manufacture of industrial and specialised vehicles in Italy, US and Africa. The development represents a global first, marking the inception of a new model of accessing capital in the supply chain for manufacturing and trading businesses, as well offering a new asset class for investors. When manufacturers secure a buyer for their stock, they then can request to repurchase it before selling to the end customer.

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https://t.me/Apecoin_VeChain_Elrond Open / Comment

2022-10-30 23:29:02 ApeCoin Shows Bullish Bias; This Level Needs To Be Broken For A Rally To $7

The price action displayed by Apecoin (APE) in the past few days has been tremendous, with Bitcoin (BTC) creating a more bullish scenario across the crypto market; this has also propelled the price of Apecoin (APE) from its key support area. The crypto market is looking increasingly welcoming as many altcoins continue producing over 50% gains. The likes of DOGE have seen some great runs in recent times rallying from a low of $0.055 to a high of $0.15, with many others, like APE showing great recovery signs. (Data from Binance)Apecoin (APE) has struggled to regain its bullish momentum in recent times; despite the uncertainty that has befallen the crypto space, the price of APE has enjoyed a measure of relief after showing so much strength on the weekly low, rallying to a high of $5. Previous weeks have been nothing short of a tough and boring time for APE price as price continued in its range movement around $4.2.

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2022-10-29 23:40:00 VeChain Foundation reports $535 million in Crypto Reserves

The VeChain Foundation has shared its Financial Report for Q2 2022. In the report, VeChain reports $535 million in $BTC, $ETH, $VET, and stablecoin reserves.“The global economy has continued to face considerable headwinds this year, however, the VeChain Foundation has been fortunate enough to be in a leading position with regards to enterprise adoption in the public blockchain space,” VeChain says in the report. “Despite the less-than-favorable market conditions, the VeChain Foundation maintains a strong financial footing with ample financial assets in reserve to support the continued support, development, and upgrading of VeChainThor for many years ahead.”The total reserve asset value was down by 44% from Q1. The total value of stablecoins in VeChain’s reserves is currently 60,404,839. In addition, the foundation currently holds 474,887,226 tokens in crypto, spread across BTC, ETH, and VET.

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2022-10-28 23:40:01 VeChain: Massive election ended, VeChainThor mainnet will get a historical upgrade

The VeChain foundation has announced the results of its hugely anticipated VIP-220 proposal. The proposal seeks to integrate VIP-22 with the VeChainThor mainnet. Thus, resulting in an upgrade of the VeChain network to proof of authority 2.0 (PoA 2.0). The vote took place on the network’s upgraded voting platform (VeVote) between October 20 to October 27, 2022. PoA executes transactions relatively quickly with blockchains via a consensus mechanism using identity as a stake. According to the results posted on the VeChain foundation’s official Twitter page, there were 396 votes. About 99.33 percent of the voters (representing 393 votes) agreed to proceed with the VIP-220 VeChainThor mainnet upgrade.

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2022-10-27 23:30:22 VeChain partners with coffee brand heavyweight to track products

A leading domestic boutique coffee brand in China, YongPu, has reached out to VeChain technology for a partnership in carrying out commodity traceability and channel management for its whole line of products. By adopting the VeChain technology, YongPu coffee can introduce new ways to manage consumer goods and channels.According to multiple data, China’s coffee market is currently worth about 100 billion Yuan. However, experts predict the market will have a more than 1 trillion Yuan valuation within the next three years. The analysts also expect that the market will have a 27.2 percent year-on-year increase.Hence, YongPu is usually involved in all aspects of production (sourcing and processing raw materials, packaging, and distribution.

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2022-10-27 00:00:01 VeChain announced a partnership with Nitto ATP Finals

VeChain, the sustainability-focused public blockchain project, recently announced a partnership with Nitto ATP Finals. In collaboration with ExPlus and World of V, the trio unveiled a free-to-enter blockchain lottery, with exclusive prizes including VIP tickets to the Nitto ATP Finals with former professional tennis star, Flavia Pennetta and tens of Digital Collectibles.To claim one, users must complete a 15 question tennis and VeChain-related quiz, answering 80% of questions correctly. Upon completion, users can claim a digital collectible. The collectible will be visible on the World of V platform. If users fail the quiz, they'll be redirected to Discord to find more information about VeChain before being given a chance to reattempt the quiz.

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2022-10-25 23:50:00 VeChain: Vote for the biggest step in history and win in VeBounce’s collectible collection

The VeChain foundation has confirmed (via Twitter) that the all-stakeholder vote for PoA2.0 is ongoing. The stakeholder vote will allow stakeholders to vote on implementing the VIP-220 proposal. The proposal seeks to add finality to the VeChainThor mainnet and complete the proof-of-authority 2.0 (PoA2.0) upgrade process. The collaboration allows VeChain to boost its brand’s awareness, connect with high-profile attendees and global brands and demonstrate the use of new technologies in achieving sustainable development goals. The first project under this partnership will see the unveiling of a new program with the chance for participants to win exclusive prizes.

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2022-10-25 00:00:12 Vechain VET’s Ecosystem was Changed on Oct 20th

VeChain has announced that it will hold an all-stakeholder vote regarding the integration of VIP-22 with the VeChainThor (VET) mainnet. If implemented, the network would upgrade to Proof of Authority 2.0. The vote will take place on the upgraded voting platform, VeVote, on October 20th.Proof of Authority (PoA) uses blockchains to execute transactions relatively quickly through a consensus mechanism based on identity as a stake.If the majority is in favor, VeChain will gain finality and solve a core trade-off of Nakamoto and BFT (Byzantine Fault Tolerance) consensus. In other words, the implementation of the proposal would make the project a real-world public blockchain.As per an earlier announcement, the blockchain’s scalability will allow it to handle increasing demand. Finality will allow the network to quickly protect hashed data.

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2022-10-23 23:30:01 NFT lottery celebrates the VeChain & Nitto ATP partnership

VeChain Foundation has posted a tweet announcing its partnership with ExPlus and World of V. This follows the partnership for the Nitto ATP Finals that is scheduled to begin on November 13, 2022, and end on November 20, 2022.The partnership between VeChain Foundation and Nitto ATP Finals aims to give more recognition to $VET. The token will prominently feature throughout the event to gain marketing and opportunities to network with some of the top brands worldwide. How many people watch the event will also play an important role, especially in terms of recognition. The entire point is to ensure that the token grows in the market with a high level of adoption.

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2022-10-22 23:40:08 The Floor Price for Bored Ape’s Otherdeed NFTs Is Crashing

The Otherdeed floor price – the minimum amount you must pay to get into an NFT collection – has dropped 16% in the past 24 hours and crashed more than 25% in three days, according to data site Nansen. Sellers pushed the collection beneath 1.65 ether (ETH) for the first time amid a spike in trading volume. When BAYC creator Yuga Labs debuted its hype-laden metaverse project earlier this year, it sold land rights as NFTs for about $7,000 each (buyers paid thousands more in gas fees). Now, with much of the excitement drained from crypto markets, they’re fetching about 1.25 ETH, or roughly $1,600 at current market prices. Before today’s crash, the project had held its 1.65 ETH floor for the past three weeks amid ETH’s own bottoming out in the $1,200-to-$1,300 range.

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