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Vechain is a global leading blockchain platform for products and information.In the past two years, Vechain has accumulated great amount of experience in providing blockchain solutions to various industries including liquor, auto, luxury goods, retail, logistics, supply chain, etc. The vision of Vechain is to build a trust-free and distributed business ecosystem based on the Blockchain technology self-circulated and expanding.
Participants in Vechain Ecosystem
• Enterprise Organization: provide products and services to end-users
• Application Service Provider: provide service and solutions developed based on Vechain for all users
• Smart Contract Service Provider: develop customized Vechain smart contracts for enterprises to facilitate the development and adoption of Vechain applications
• Vechain Network Node Provider: maintain and ensure a certain number of nodes to protect the overall network security
• Vechain Foundation: responsible for the establishment of Blockchain network, technology research and development, upgrade and maintenance and other basic technical services
• End-user: investors and users of the Vechain, sharing the potential profits of the exosystem
Token Status and Distribution
Project token: 1 billion (ICO has a refund of the currency and destroyed) ICO ratio: 41% Private equity investor: 9% Corporate investors: 23% Founding team + development team: 5% Continuing operations and technology development: 12% Commercial promotion: 10% Token pricing: 0.5CNY/piece
Official website: https://www.vechain.com/