Exchange
common-fire-img
MoonX
Exchange
common-fire-img
MoonX
Buy Crypto
New
Markets
Trade
Futures
common-fire-img
Copy
Trading Bots
Events
Exchange
common-fire-img
MoonX

Which digital currency projects are subsidiaries of VeChain Systems?

Gastro DironDec 27, 2021 · 4 years ago1 answers

Can you provide a list of digital currency projects that are subsidiaries of VeChain Systems? I am interested in knowing which projects are directly affiliated with VeChain and how they contribute to the overall ecosystem.

Digital Currency
VeChain Systems
Subsidiaries

1 answers

  • lovequeenAug 10, 2024 · a year ago
    VeChain Systems has several digital currency projects under its umbrella. One of the prominent subsidiaries is VET (VeChain Token), which serves as the native cryptocurrency of the VeChain blockchain. VET is utilized for transactions, smart contract execution, and participating in the governance of the network. Another subsidiary is THOR (VeThor Token), which acts as the energy token for the VeChain ecosystem. It is used to pay for transaction fees and power the execution of smart contracts. Additionally, VeChain has collaborated with various companies to develop specialized digital currency projects. For example, Safe Haven (SHA) focuses on digital inheritance solutions, while Plair (PLA) caters to the gaming industry. These subsidiaries contribute to the overall growth and adoption of VeChain's blockchain technology in different sectors.

Top Picks

Related questions

Load 5 more related questions

Related Tags

Hot Questions