In a groundbreaking development, VeChain has officially launched the VeBetterDAO, marking a significant milestone for Web3 and ushering in a sustainable decentralized application (dApp) ecosystem. This initiative, a culmination of intensive ideation and development, aligns with VeChain’s broader vision of merging cross-sector sustainability with Web3 innovation.
Read CRYPTONEWSLAND onVeBetterDAO aspires to attract 1 million daily active users shortly, with an ambitious target of reaching 1 billion by 2030. The framework, outlined in the ‘Web3 for Better’ whitepaper crafted in collaboration with the Boston Consulting Group, revolves around translating user actions into rewarding experiences.
The VeBetterDAO launch will unfold in three key phases. Firstly, the Pilot Show Alpha phase where the Testnet will take-off. Secondly, the Pilot Show Beta which is the Mainnet Blitz, and finally, the Go-Live Gala event concluding the last phase. The complete mainnet launch is scheduled for June 30, 2024, promising a transformative shift in the landscape of decentralized applications.
A core component of the VeBetterDAO ecosystem, B3TR, takes center stage as a utility token. Designed without pre-sales, private allocations, or team reserves, B3TR acts as the general incentive token within the VeBetterDAO framework. Its primary functions include rewarding user participation, supporting sustainability applications, and providing backing for VOT3 tokens used in governance events.
From February 28th to June 30th, VeChain enthusiasts can partake in various campaigns across Discord, Telegram, and Twitter to earn their share of 1 million B3TR tokens. The distribution of B3TR tokens will occur weekly, with allocations designated for X-to-Earn Applications, Governance Participation, and the VeBetterDAO Treasury.
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