Key Highlights
- VeChain and Coinbase’s groundbreaking partnership introduces an innovative educational program for VeChainThor. Engaging users with quizzes and tasks on the VeWorld app, while offering up to $12 in VET tokens as rewards.
- This strategic alliance not only leverages Coinbase’s vast customer base of over 100 million but also delves into Web3 technology through a BCG-developed whitepaper. Providing insights into VeChain’s governance style, twin token model, and Proof-of-Authority consensus mechanism.
- As VeChain unveils the VORJ upgrade for its Web3-as-a-Service platform, CEO Sunny Lu underscores the company’s commitment to sustainability and education. Highlighting the program’s role in promoting blockchain in supply chain management and underscoring VeChain’s dedication to industry growth.
VeChain, a trailblazing enterprise-grade blockchain protocol, has joined forces with Coinbase. A leading crypto currency exchange (NASDAQ: COIN), to introduce an innovative educational initiative for VeChainThor. The partnership, announced on November 9, 2023, follows the successful listing of VeChain’s tokens, VET and VTHO, on Coinbase.
Empowering Crypto Education
The educational program, poised to attract between 750,000 to 1 million participants, takes center stage on the VeWorld mobile app. Engaging quizzes and tasks, revolving around decentralized applications (DApps). Offer participants rewards in the form of VET tokens – $2 for simple tasks and $10 for more advanced challenges. Seamless earnings will find their way into VeWorld mobile wallets. This strategic move aligns with VeChain’s vision to leverage Coinbase’s extensive customer base of over 100 million.
Illuminating Blockchain Insights
The educational program comes accompanied by a whitepaper developed by BCG, delving into Web3 technology. This comprehensive document explores VeChain’s Proof-of-Authority consensus mechanism, twin token model, and governance style. Notably, due to Coinbase’s jurisdictional policies, the program is currently unavailable in certain regions, including France.
In parallel with this educational initiative, VeChain unveils the VORJ upgrade for its Web3-as-a-Service platform. Building on the recent acquisition of a payments patent. Sunny Lu, VeChain’s CEO, emphasizes the company’s commitment to sustainability and education. The collaboration with Coinbase reinforces the pivotal role of blockchain in supply chain management and underscores VeChain’s dedication to industry growth.
Nurturing Industry Growth and VET’s Significance
VeChain‘s inclusion in the Learn program, following a successful hackathon with EasyA and BCG at Harvard University, underscores its unwavering commitment to industry advancement. CEO Sunny Lu sees VET as a key driver for blockchain market development, offering holders service access, staking rewards, and valuable participation opportunities.
Conclusion
In conclusion, the VeChain and Coinbase partnership heralds a new era of blockchain education. With a focus on user engagement, rewards, and cutting-edge insights, this initiative not only aligns with VeChain’s core values but also amplifies the significance of blockchain in various industries. As participants embark on a journey of learning and discovery, the collaborative efforts of VeChain and Coinbase aim to make blockchain technology accessible and beneficial to a broader audience.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is the opinion of the author and does not reflect any view or suggestion or any kind of advice from CryptoNewsBytes.com. The author declares he does not hold any of the above-mentioned tokens or receive any incentive from any company
