CandleFocus VeChain News: Tim Draper Endorses Sustainability Through Web3 and VET-Driven Investment Opportunities
2024-09-24
Author: Content Editor
VeChain's CEO, Sunny Lu, recently discussed the company's mission to redefine the Web3 ecosystem in a meeting with Tim Draper. They both emphasized the importance of Non-Profit Organizations (NPOs) aiming for profitability for long-term sustainability. VeChain aims to build a Web3 ecosystem that focuses on both individual and enterprise users, using their token as a carrier of value. The company has also formed partnerships, such as the one with UFC, to advance sustainability goals. They believe that sustainability is a powerful economic engine and are using new technologies to make the transition faster and more transparent. In addition, an analyst predicts that VeChain's native token, VET, could imitate its 1,800% surge in 2020 to surpass its all-time-high price of $0.27.
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