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  • The much-awaited VeChain HiVe event – the successor to the VeChain summit – will happen on March 4th.
  • The HiVe event seeks to foster collaboration with Web3 community members that cater to sustainability-focused developments.

VeChain’s sustainability and Web3-focused IRL event – HiVe is all scheduled for the next month of March 2023. This is basically a successor to the VeChain summit which last took place in 2019.

After the pandemic-led break of three years, VeChain is coming back with its new event HiVe. The goal of the HiVe event is to foster collaboration with Web3 community members. It also seeks to cater to all sustainability-focused developments. All ticket applications for the HiVe event will be closing this Monday, February 27. Thus, all the enthusiasts willing to attend the event should book their tickets as early as possible.

The HiVe event is scheduled over the next weekend, on March 4th. It will feature several sustainability projects within the Web3 space as well as the application of Web3 technologies in different blockchain protocols. The VeChain X-nodes get a guaranteed allotment of tickets on a first-come-first-serve basis. Besides, there would be an additional 150 tickets allocated for the community.

The physical attendees at the HiVe event get to earn VeChain’s first official ‘Proof of Participation’ (POP) NFT. But the most exciting part of the event would be VeChain sharing further development projects within its ecosystem as well as unveiling a new partner in the digital ecosystem. VeChain said that they would be inviting prestigious speakers and Nobel Prize winners to the event.

VeChain joining hands with the UN

The VeChain Foundation is making an active effort of being part of different blockchain-based sustainability projects in the real world. Recently, they have partnered with the United Nations to work on 17 sustainable development goals (SDGs).

The sustainable development goals set by the United Nations involve a wide range of issues such as environmental protection, poverty, hunger, health, education, clean energy, clean water, sanitation, economic development, and much more.

VeChain is confident that its blockchain solutions can address critical challenges. It noted:

VeChain’s ‘digital ecosystem’ concept represents a milestone in reaching UN SDGs — targets with a 2030 deadline. By leveraging the power of blockchain technology, we are creating benefits for every participant. We look forward to unveiling more about digital ecosystems in our upcoming whitepaper, due by end Q1.

Furthermore, the VeChain blockchain continues to hit new milestones. The VeChain network recently surpassed 2 million active addresses that facilitated over 20k contracts.

Also, amid its growing ecosystem, VeChain launched its own stablecoin VeUSD which has a market cap of over $5.5 million as of now. With only three support decentralized exchanges (DEXes) – including Vexchange V2, VeRocket, and Vexchange V1, the VeChain network’s total DEX trades have reached closer to 1 million.

VET, the native cryptocurrency of VeChain is trading 3% up at a price of $0.02789 and a market cap of $2.022 billion. Since the beginning of 2023, VET is trading more than 60% up.

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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