VeChain has experienced a significant increase in new addresses this month, with a total of 160,000 new addresses joining the blockchain network. This surge in adoption can be attributed to VeChain’s partnerships with established industry players, such as Coinbase.
One of VeChain’s key partnerships is with Coinbase through the Learn program. Through this program, VeChain has been able to showcase its capabilities to over 100 million Coinbase users. This collaboration has proven to be successful, as VeChain continues to achieve new milestones on a regular basis.
VeChain recently announced its latest achievement of adding 160,000 new addresses in just three weeks. This growth can be attributed to the ongoing Coinbase Learn program, which has allowed VeChain to reach a large audience and demonstrate its successes.
The Coinbase Learn campaign was launched on November 8 and marked the first time that VeChainThor, VeChain’s enterprise-grade blockchain, was featured on the American exchange. The campaign consisted of two tasks: Simple Learn and Advanced Learn.
Under the Simple Learn program, users participated in educational quizzes and were rewarded with $1 for each correct answer. The quizzes aimed to educate users about VeChain’s consensus mechanism, the twin token model, and how the network is governed.
The Advanced Learn program required users to download VeWorld, VeChain’s self-custody wallet, and explore dApps in the VeChain ecosystem. Users who completed this task were eligible to earn $10 worth of VET.
The goal of the program was to have 750,000 to 1,000,000 Coinbase users complete the tasks, which would significantly increase the number of addresses and users on the VeChain network. This partnership with Coinbase has proven to be successful, with VeChain experiencing one of its highest uptakes in recent times.
VeChain has positioned itself as one of the most robust blockchain ecosystems globally, with a particular focus on sustainability. Its partnership with the Boston Consulting Group has been transformative, as they create blockchain biospheres that incentivize users to take actions that contribute to a sustainable future.
As adoption of VeChain’s initiatives continues to surge, the VET token is expected to benefit in the long term. Currently trading at $0.02091, the token has experienced a 3.34% increase in the past 24 hours.
Overall, VeChain is dedicated to leading the charge of real-world blockchain adoption, supported by groundbreaking tools and a network of influential enterprise partners. The network encourages individuals to join them in building the future of crypto on VeChain.