VeChain is revolutionizing its ecosystem by incentivizing users to engage with popular apps and contribute to its sustainability efforts through VeBetterDAO.
Users are now being rewarded for their positive actions on various apps, such as Cleanify, NFB Club, and Vyvo. These apps promote activities like cleaning up the environment, audio streaming, and health management.
The growth of the VeChain ecosystem has been remarkable, and now the blockchain network is showing its appreciation to users who actively participate in these popular applications and help drive sustainability.
VeChain introduced VeBetterDAO to reward individuals who make positive decisions for themselves and the world on a daily basis. To join, users need to download VeWorld, the powerful wallet created by the VeChain Foundation. From there, they can enter the URL of any participating dApp on the wallet’s ‘Discover’ tab and bookmark them. By doing so, they become eligible to receive rewards for their daily activities.
VeBetterDAO offers a unique dApp/DAO structure that allows users to improve their personal world in various ways. The platform encourages individuals to make positive choices and rewards them accordingly.
One of the participating dApps is Cleanify, an application that incentivizes users to clean up their local environment by simply placing trash in bins or picking up litter. Despite being recently launched, Cleanify already records nearly 3,000 daily actions from users and rewards them with B3TR, the native token of the VeBetterDAO platform.
Users can also earn B3TR by organizing group campaigns through the Cleanify app and website. These campaigns are open to anyone in the neighborhood and offer up to 1,000 B3TR tokens to be shared among participants. Currently, these campaigns are running in Sweden, the Netherlands, Germany, and the UK.
VeChain recognizes and rewards users for their sustainability efforts. For example, MugShot rewards users for using reusable mugs and promoting sustainability in their coffee routines. While using a single reusable cup may seem insignificant, it makes a tremendous difference when done on a larger scale. In the US alone, approximately 25 billion plastic cups are discarded each year, which significantly contributes to environmental damage.
VeChain also rewards smaller sustainable actions, such as choosing to stream an audiobook instead of purchasing a paperback version. The Non-Fungible Book Club acknowledges and rewards users for opting for the more sustainable choice.
To further encourage sustainability, VeChain offers the Green Ambassador Challenge, where users can gain knowledge on how to contribute to preserving the world for future generations. Users are also rewarded for their participation in this challenge.
Despite a recent drop in value, with VET trading at $0.03912 and experiencing an 8.3% decrease in the past day, analysts predict a positive outlook for the cryptocurrency. VET has the potential to reach a price just below $0.06 by the end of the year in the lowest scenario. In the best-case scenario, VET could double its current price by year-end.
VeChain continues to innovate and provide opportunities for users to make a positive impact on the world while being rewarded for their efforts.