VeChain is introducing the 'X-2-Earn' model, a system that rewards individuals for making eco-friendly choices. Electric vehicle drivers can earn carbon credits based on their travel distance and emissions offset compared to traditional gasoline engines. These credits can be exchanged for discounts on food, insurance, and healthcare products. VeChain integrates blockchain technology to ensure transparency and legitimacy in credit distribution, creating an incentive-driven system for adopting environmentally friendly practices. The initiative, launched in collaboration with DNV and BYD, serves as a proof of concept and positions VeChain as a leader in sustainable innovation. The company has also launched the VeBetterDAO ecosystem to drive the next generation of sustainability-focused decentralized applications. The 'X-2-Earn' model can be applied to various sustainability initiatives and will use B3TR tokens to fuel participation. A structured allocation model ensures fair distribution of rewards.
Content Editor ( crypto-news-flash.com )
- 2025-02-10
VeChain’s Innovative ‘X-2-Earn’ Model Powers Carbon Offsetting and EV Use
