Large Chinese Municipal Governments Are Adopting VeChain’s VeTrust to Help Deal with COVID19
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A top crypto YouTuber and trader, Ben Armstrong, the creator of, has listed VeChain (VET) and other altcoins that are currently very cheap, unlike Bitcoin (BTC) and Ethereum (ETH), and are capable of making investors become millionaires.

In a new video titled “5 Cheapest Altcoins to Make You Rich (Under Penny)”, Armstrong specifically pointed out that VeChain’s native token, VET, is a cryptocurrency “you cannot go wrong with”, which implies that it will always be suitable, due to the outstanding record of the enterprise blockchain platform in the industry. He said its supply chain tracking has been top-notch.

Read Also: VeChain Joins Forces with Blue Bite to Make Securing Items on Blockchain Simple

“There’s no stronger project in the supply chain tracking space… the fact is VeChain is a solution to a huge problem in the world, has strong fundamentals and strong technicals, and it’s still under a dime. I’ve been saying 10% of gold since 1983. And now I say 5% of gold, 5% Bitcoin.”

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Jackson Fu: VeChain (VET) Becoming Go-To Solution for Businesses

According to Jackson Fu, Co-Founder of CREAM and VeChain’s Strategic Advisor, the VeChain blockchain is becoming a go-to solution for businesses that are building real-world products.

Read Also: Coldiretti and Princes with $1.7 Billion Revenues Integrate VeChain in a Project to Boost ‘Made in Italy’ Sector

In an article published on CREAM’s official website, Fu listed a number of partnerships sealed by VeChain, especially partnerships with billion-dollar companies, which has been contributing to its vast growth and recognition across the world.

Jackson Fu noted:

“VeChainThor public blockchain is already looking like the number 1 choice for businesses building real-world products. VeChain has consistently managed to solve mass adoption hurdles, such as preventing unstable transaction fees with its VET-VTHO two-token model and eliminating the threat of congestion with its scalable network that proactively adjusts itself in response to network usage.”

VeChain’s Strategic Advisor also referenced the impact of the Blockchain-as-a-Service (BaaS) platform, ToolChain, in the VeChain ecosystem.

Read Also: VeChain CEO Sunny Lu Explains Blockchain and Central System Using the Power of Love

Fu described the tool as a means for users to build and deploy highly customizable solutions. He also referenced fee delegation and others alike, protocols built by VeChain to minimize problems encountered by other blockchains:

“allowing dApp owners and businesses to pay the gas fees of their users and opening up dApps to the masses. VeChain excels at identifying and addressing business needs. This proficiency is reflected by the calibre of channel partners and companies they do business with.”

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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.