|Type||GNU Lesser General Public License v3.0|
VeChain was the only top 20 cryptocurrency that did not show negative returns in the first three months of 2018, instead gaining 28 percent. In April 2018, it was the 17th largest cryptocurrency. The protocol has a heavy emphasis on marketing and obtaining preliminary agreements from corporate brands, and many have described it as a pyramid scheme, with its reliance on master nodes that require a high buy-in price. Despite claims of corporate adoption, VeChain was not able to prove any business revenue.
References[edit | edit source]
- "There's only one survivor of this year's cryptocurrency slaughter: VeChain". CNBC. 28 March 2018.
- "Bitcoin's latest rival: THIS currency has SOARED in 2018 as cryptos plummet". Express. 10 April 2018.
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- VeChain Foundation
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