VeChain, a blockchain platform, launched its sustainability drive in November last year, and within a span of two months, it saw impressive results. A total of 2,400 users participated and logged in 450,000 actions, which resulted in saving three million kilograms of carbon dioxide (CO2). Additionally, the campaign also helped save nine million gallons of water. CEO Sunny Lu expressed his amazement at the significant impact that small collective efforts can have on achieving sustainability goals.
Sustainability has become a critical issue that requires a collective effort. VeChain has demonstrated the power of small collective actions in contributing to the larger goal of sustainability. In just two months, the network’s sustainability drive saved over three million kilograms of CO2, showcasing its commitment to preserving the world for future generations.
VeChain has been at the forefront of sustainability efforts. Last year, during the Nitto ATP Finals tennis event in Turin, Italy, the network launched a sustainability campaign. Through the X-to-Earn campaign, VeChain aimed to bring individuals from around the world together and incentivize them to take actions towards the shared goal of sustainability. Users were challenged to log their sustainability actions on the UN’s AWorld platform for a chance to win tickets to the next ATP Finals.
CEO Sunny Lu recently revealed that the campaign has been a resounding success, highlighting the effectiveness of blockchain in facilitating globally concerted efforts to save the planet. Lu shared key figures during his presentation at the Mobile World Congress in Barcelona. Within two months, 2,400 participants logged in 450,000 actions, resulting in the saving of three million kilograms of CO2, which is equivalent to avoiding more than a thousand long-haul flights. The campaign also helped conserve nine million gallons of water, equivalent to 14 Olympic-sized swimming pools.
These results show that even small and fractional efforts from everyone can make a significant impact. VeChain’s campaign results are expected to increase as more users register and participate in the X-to-Earn campaign. Currently, VeChain has over 2.88 million known addresses, and the registered sustainability campaign users make up only 0.085% of that number. With more users joining the cause, the impact will be even more substantial.
In terms of cryptocurrency trading, VET is currently trading at $0.491, experiencing a 4% dip in the past day. However, on a monthly basis, the token has seen a 75% increase after a remarkable rise in early February.
VeChain continues to make strides in sustainability and is a platform to watch for those interested in supporting environmental initiatives.