Tag Archives: prediction

Vulcan Forged (PYR) price prediction: Will it resume its rally?

Vulcan Forged (PYR) price prediction: Will it resume its rally?

Vulcan Forged is a game studio, non-fungible token (NFT) marketplace and decentralised application (dApps) incubator built on Ethereum, Polygon and Binance Smart Chain (BSC). The company, which boasts over 2,000 members, describes itself as a community-based project promoting the development of world-class blockchain games from incubation to crowdfunding.

The PYR token rallied to $49.73 on 26 November, a 84% increase from three days earlier when it was trading at $26.99 on 23 November. Shortly thereafter, the coin soared to an all-time high of $49.74 on 1 December.

What is a Vulcan Forged (PYR) coin? Let’s look at the project and the latest predictions for the price in 2022 and beyond.

Vulcan Forged offering: A virtually gas-free marketplace

Vulcan Forged started as a small digital art NFT platform in December 2020 but has since grown into a multi-dApp platform, game studio and launchpad for those who wish to propose an NFT game or dApp idea in exchange for grants, technical and marketing support.

The company is most well-known for virtually eliminating gas fees thanks to a partnership with the multi-chain scaling solution, Polygon (previously called the Matic Network).

As such, Vulcan Forged does not require users to pay gas fees for PYR transactions or for trading, buying and selling NFTs.

In fact, the company’s blockchain Elysium, which has been designed specifically for crypto gaming projects that mostly use NFTs, aims to become the world’s first fully carbon-neutral blockchain by planting trees on nearly 70,000 acres of land in an effort to neutralise carbon emissions from servers that consume energy to validate transactions.

The company also offers a blockchain-powered virtual world known as VulcanVerse which is set in the Greco-Roman era and features one-of-a-kind NFT-based creatures called Vulcanites. The virtual world is 3km x 3km and divided into four quadrants with a city centre called Vulcan City. In VulcanVerse, players can create their own community-led quests and adventures, forage for NFTs and battle with other Vulcanites.

What is a Vulcan Forged coin?

PYR is the native cryptographically secure token of the Vulcan Forged platform which has been designed to be used solely as an interoperable utility coin across different game environments. The primary use of PYR is as a form of currency within the marketplace but it is also a versatile coin in that it powers the entire Vulcan Forged dApp ecosystem and can be used as a cross-platform settlement, staking and gaming utility token.

PYR can be used in any or all of the following ways:

  • trading, buying or selling NFTs
  • staking PYR in order to upgrade their in-game land NFTs
  • contributing to liquidity pools on VulcanDEX in order to earn liquidity rewards and a share of the DEX transaction fees

For every PYR transaction, 10% will be sent to the reward pools for distribution to the ecosystem’s contributors.

The Vulcan Foundation will fund two PYR reward pools with an initial 10m tokens released over a twenty-four month period. As it pertains to both the LAVA and Staking pools:

  • 10% of every fee from all Vulcan Forged marketplace transactions will go into both pools
  • 10% of every fee taken from direct asset sales will go into both pools
  • 50% of every upgrade fee for land, Titan or Olympian NFTs will go into both pools
  • 10% of every prize pool and tournament setup fee on the company’s decentralised gaming platform, Frenzy will go into both pools

Vulcan Forged token price analysis: Technical view and latest news

The PYR coin started its journey in April 2021, and achieved an all-time high of $49.74 on 1 December 2021.

In the month before its all-time high, PYR’s price saw a strong rally, climbing from a low of $16.89 on 12 November to $29.88 just twelve days later on 23 November, and then to $43.28 on 29 November.

However, the price retreated to $27.51 on 4 December, dropping to as low as $20.98 on 6 December. This is somewhat of a sharp drop considering that the coin had hit its all-time high just 6 days earlier.

The PYR price then consolidated, trading within the $25 to $31 range until 14 December when it dropped to $18.29 – a day after it was revealed that over 4.5m PYR, amounting to $140m, was stolen by an unknown hacker.

The PYR price plummeted even further to $16.11 on 19 December despite a Crypto.com app listing just three days earlier.

As of 28 December, it was trading at around $17.99 and ranked 255 in the list of cryptocurrencies by market capitalisation at $356m, according to CoinMarketCap.

Vulcan Forged price drivers: Now operating on the Binance Smart Chain

In October this year, Vulcan Forged launched the first-ever decentralised exchange (DEX) purpose-built for gaming tokens. VulcanDEX allows users to trade any gaming token without the need to register. Users are also able to stake gaming tokens in order to facilitate exchanges on VulcanDEX and earn rewards in proportion to their share of specific liquidity pools.

As a boost for the project, VulcanDEX passed an audit with Certik in September this year.

Last month, the company expanded to the Binance Smart Chain (BSC) as an additional network to be used for its marketplace NFT settlement fees and in-game transactions. While the PYR token already exists on both Ethereum and Polygon, enabling it on BSC opens the doors to a wider community.

It is worth noting the company has been adversely affected by the previously mentioned 13 December cyber-attack when an unknown hacker got a hold of the private keys of 148 wallets. In response, the company announced that it is planning to remove its semi-custodial solution from the entire vulcan forged ecosystem.

Vulcan Forged (PYR) price prediction: Buy, sell or hold?

Will Vulcan Forged go up or down? Technical analysis provided by CoinCodex showed that short-term sentiment on PYR was bearish, as of 28 December, with six indicators displaying bullish signals and 18 bearish.

The 3- to 100-day simple and exponential moving averages were giving ‘sell’ signals, while the 200-day SMA and EMA were bullish. The Hull moving average and the volume weighted moving average (VWMA) provided ‘sell’ signals, while the relative strength index (RSI) and the average directional index remained neutral.

The PYR/USD price could trade 12.53% up at $ 19.23 on 2 January 2022, according to CoinCodex.

In terms of a longer term PYR coin price prediction (as of 28 December), algorithm-based forecasting service WalletInvestor shared a positive view. Based on historical data, WalletInvestor sees the price rising to $61.855 by the end of December 2022, $149.198 by the end of December 2024 and hitting $192.815 by the end of 2025.

DigitalCoin supported the bullish PYR crypto price prediction, expecting the token to grow to $27.86 in December 2022, $33.79 in 2025 and hit $74.95 in 2028.

According to PricePrediction, the average price of PYR could reach $29.20 in 2022, $92.22 in 2025 and $645.26 in 2030.

Anndy Lian, chairman of BigONE Exchange and chief digital advisor for Mongolia’s national productivity agenda, told Capital.com:

“PYR’s price fell by more than 30% after the shocking cyber-attack on 13 December. I am not entirely sure about the refund process or how the ongoing investigations are panning out since the company did announce just a few days ago that they’re offering a $500,000 reward for any identity information which leads to the conviction of the hacker – but what I certain of is that this cyber-attack has taken a toll on vulcan forged. They will need to reassure their community going forward with enhanced safety measures”.

When looking for Vulcan Forged coin forecasts, bear in mind that analysts and algorithm-based predictions can be wrong. Their PYR projections are based on fundamental and technical studies of a cryptocurrency’s past performance. Past performance is no guarantee of future results.

It’s essential to do your research and always remember your decision to trade depends on your attitude to risk, your expertise in the market, the spread of your investment portfolio and how comfortable you feel about losing money. You should never invest money that you cannot afford to lose.

 

Original Source: https://capital.com/vulcan-forged-pyr-price-prediction

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Kadena price prediction: will KDA retest its highs?

Kadena price prediction: will KDA retest its highs?

Kadena is a hybrid enterprise-grade blockchain platform that features a novel parallel chain proof-of-work (PoW) model and a new smart contract language called Pact. The KDA token surged to an all-time high of $28.25 on 11 November, but lost almost two thirds of its gains, trading at $10.17 on 20 December.

What is kadena coin? Let’s look at the project and the latest predictions for the price next year and beyond.

Kadena offering: Innovation behind the project

Launched in June 2016 by two former JP Morgan executives, Stuart Popejoy and Will Martino, Kadena is known for its public blockchain Chainweb which can massively increase network throughput. The company claims that Chainweb is ostensibly the only sharded and scalable Layer-1 PoW network in production today.

Its permissioned blockchain is designed as a fully open-sourced project. It aims to solve the challenges facing existing blockchains today such as speed, scalability and security limitations. The company goes as far as to state that the Kadena ecosystem provides a security level equivalent to that of bitcoin.

Kadena’s offering includes marginal transaction fees for consumers as well as the introduction of the world’s first autonomous cryptocurrency gas station on the company’s sharded and scalable PoW blockchain.

Pact, which comes equipped with formal verification, aims to make the process of designing safer smart contracts more seamless by automatically detecting bugs.

Then there’s the network’s unique architecture, which has enabled it to become the only platform, the company claims, to be able to deliver increased energy efficiency as transactions per second (TPS) scale.

According to the company, Kadena is the only platform offering a complete decentralised infrastructure. Unlike other platforms, Kadena has been designed to power global financial systems through a protocol that continually scales to higher TPS as more chains are added to the network, thus facilitating industrial scalability.

What is Kadena coin?

KDA is the digital currency used on the platform. Its main purpose is to pay for computation on the Kadena public chain. The Chainweb public protocol functions through a braided consensus mechanism consisting of multiple individually mined peer chains that work in parallel to execute network transactions.

This architecture is capable of achieving network throughput in excess of ten thousand TPS. Each chain in the network mines the same cryptocurrency that can be transferred cross-chain via a trustless two-step Simple Payment Verification (SPV) at the smart contract level.

As a result of this design, the company reported that its hybrid platform recorded 480,000 TPS last year. In addition to massively increasing throughput, Chainweb also provides a significant increase in security.

Pact smart contracts can be updated, changed or fixed through an update mechanism in order to declare new versions of a smart contract that are applied only once the new code has been successfully executed. Any errors automatically roll-back the smart contracts to their previous state, allowing developers to fix potential errors. Meanwhile, the API functionality facilitates the extraction of data into external databases.

Pact smart contracts are comprised of three core elements:

  1. tables which support schemas and columnar history
  2. a set of public keys containing predicate functions
  3. a code module which contains function definitions, pact definitions, tables and schemas

Pact comes equipped with a powerful validation tool suite in the form of formal verification which uses Z3 Theorem Prover, an open source tool developed by Microsoft, in order to mathematically verify and test for bugs that may be present in code. The formal mathematical verification system analyses code with the use of proofs to test an intention that has been programmed into a smart contract, enabling developers to substantiate whether certain conditions can or cannot be met for a smart contract based on all given possible inputs that are available.

According to Kadena: “Pact empowers developers to implement robust, performant transactional logic, executing mission-critical business operations quickly and safely.”

Kadena token price analysis: Technical view and latest news

In the space of three months, the price of the Kadena coin rose by 2,725%, from $1 on 07 September 2021 to $28.25 on 11 November. This all-time high of $28.25 was preceded by a strong rally. It had been trading as low as $0.5712 on 11 June 2021.

The price rise followed an announcement on 29 October 2021 of NFT capabilities being introduced to Kadena’s network.

Taking into account that KDA started this year at $0.1527 on 1 January, it has experienced meteoric growth.

On 24 November, Kadena announced the launch of its wrapped KDA (wKDA) on the EU-licensed cryptocurrency exchange, CoinMetro. Just before the announcement, KDA had been trading at $16.95 on 22 November 2021, but the price reached a high of $18.45 on 24 November following news of the listing. The price did however retreat to $12.25 shortly thereafter on 5 December 2021.

In more recent Kadena coin news, the first wrapped bitcoin kBTC was minted on testnet on 10 December 2021, which saw the KDA price rise to $12.33 that same day.

The Kadena crypto is currently (20 December) trading at around $10.32. It ranks 72 in the list of cryptocurrencies by market capitalisation at $1.6bn, according to CoinMarketCap.

Kadena price drivers: Unparalleled network throughput and a thriving ecosystem

The recent launch of wKDA provided a boost to the project since the token operates on the Ethereum blockchain, allowing it to interact with all Ethereum virtual machine-compatible decentralised finance (DeFi) protocols.

Also, the project addressed a major barrier facing the broad use of decentralised applications (dApps) – the requirement for participants to pay cryptocurrency gas fees upon onboarding. The creation of the world’s first crypto gas station on Kadena’s blockchain allows gas stations to pay user onboarding costs, which can remove the friction of acquiring tokens in advance of signup.

What’s more, CoinMetro saw 730,000 KDA coins deposited within twenty minutes of KDA staking relaunching on the exchange on 3 November 2021.

Finally, Kadena reported last year that it had clocked in 480,000 TPS on its hybrid blockchain platform, beating competitors. For example, solana has a transaction capacity of 50,000.

The risks for Kadena lie in the fact it is still a relatively new project, launched only six years ago and operating within an emerging cryptocurrency industry that is subject to upward and downward trends.

Popejoy believes that Kadena’s explosive growth can be attributed to the company’s unique technology.

“Kadena has built the only Layer-1 proof-of-work blockchain that scales with Pact, the safest smart contract language, from the ground up. Kadena finally enables projects to innovate without having to worry about gas fees, scalability and security. Examples of groundbreaking innovation include the first gas-free DEX operable on multiple blockchain platforms, the ability to mint NFTs, wrapped assets like bitcoin and Ethereum, as well as other valuable protocols. I believe that Kadena will become mainstream in 2022 as we roll out our ecosystem with game-changing dApps, bridges to other protocols, integrations to leading cryptocurrency exchanges, wallets and even more,”  he told Capital.com.

Kadena (KDA) price prediction: Buy, sell or hold?

Technical analysis provided by CoinCodex showed that short-term sentiment on KDA was bearish as of 20 December, with 11 indicators displaying bullish signals compared to 17 bearish.

The 3- to 50-day simple and exponential moving averages were giving ‘sell’ signals, while the 100- and 200-day MAs were giving ‘buy’ signals. The Hull Moving Average, the stochastic RSI and the volume weighted moving average (VWMA) provided ‘sell’ signals. The relative strength index (RSI) and the moving average convergence divergence (MACD) remained neutral.

CoinCodex’s short-term Kadena crypto prediction indicated that it may not be the best time to buy the kadena token. The KDA/USD price could trade at $10.26 on 25 December 2021.

In terms of a longer term Kadena crypto prediction, algorithm-based forecasting service Wallet Investor shared a positive view. Based on historical data, Wallet Investor saw the price rising to $31.890 by December 2022, $73.726 in December 2024 and hitting $94.713 by December 2025.

DigitalCoin supported the bullish KDA crypto forecast, expecting the token to grow to $16.73 in December 2022, $20.51 in 2025 and hit $43.98 in 2028.

According to Price Prediction, the average price of KDI could reach $13.14 in 2022, $39.91 in 2025 and $273.91 in 2030.

Anndy Lian, chairman of BigONE Exchange and chief digital advisor for Mongolia’s national productivity agenda, told Capital.com:

“The company’s recent launch of its wrapped KDA (wKDA) on the Ethereum network is an added advantage to Kadena’s current offering. The benefits are that they offer zero fee transactions, they leverage on sharding and offer faster payments using Kuro which boasts 480,000 TPS. I am a strong advocate for enhanced crypto governance and Kadena’s unique ability to separate names from a set of public keys caught my eye early on. This specific feature allows enterprises to better govern crypto usage”.

When looking for Kadena price predictions, bear in mind that analysts and algorithm-based forecasters can be wrong. Their KDA projections are based on fundamental and technical studies of a cryptocurrency’s past performance. Past performance is no guarantee of future results.

It’s essential to do your research and always remember your decision to trade depends on your attitude to risk, your expertise in the market, the spread of your investment portfolio and how comfortable you feel about losing money. You should never invest money that you cannot afford to lose.

 

 

Original Source: https://capital.com/kadena-kda-price-prediction

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

VET crypto price prediction: Will VeChain rise in value?

VET crypto price prediction: Will VeChain rise in value?

VeChain demonstrates the continuing advancement of the blockchain sector.

VeChain is a fully programmable smart contract platform that utilises distributed ledger technology to provide retailers and consumers with the ability to determine a product’s quality and authenticity. In a sense, this enhances supply chain and product lifecycle management processes, while connecting blockchain technology to the real-world.

Founded in 2015 by Sunny Lu, the project’s vision is to build a trust-free and distributed business ecosystem platform to enable transparent information flow, efficient collaboration and high speed value transfers.

More specifically, VeChain ToolChain offers a low-code blockchain-based software as a service (SaaS) platform that allows enterprise clients to build and drive digital transformation on a global scale. Solutions are suited to an enterprise’s specific business needs. VeChain has secured high-profile partnerships with the likes of PwC, Walmart China and BMW Group.

What the VeChain project excels at is enabling businesses to track their products and conduct quality assurance through a unique blockchain-as-a-Service (BaaS) model. This has the potential to both reduce the costs between parties, as well as making business cooperation simpler and more efficient.

In particular, global supply chain suppliers stand to benefit from the integration of blockchain technology since their systems often rely on tracking physical paperwork between siloed parts of a multinational network.

In 2019, multinational retail corporation Walmart announced that it would be partnering with VeChain to streamline product management between its suppliers, stores and customers in China through a traceability strategy.

Earlier this year, the Republic of San Marino approved VeChain’s NFT-based vaccination passport which contains a record of past infections, negative test results and also provides a digital vaccination certificate.

In other VeChain news, the company has worked with the Chinese government to introduce a risk self-assessment application called VeTrust, which is built on the VeChainThor blockchain and combines DNV’s – the classification society and a recognised advisor for the maritime industry – infection risk management methodology.

What is VeChain (VET)?

From product source materials to servicing history, every single piece of information about the supply chain movement of a product can be recorded and verified. VeChain offers a product traceability strategy which covers the life cycle of products from manufacturing, logistics, supply chain, retail and wholesale.

By utilising VeChain’s blockchain-powered platform, businesses can assign products with unique IDs and then track goods and services by embedding this ID in a QR code. This allows manufacturers, supply chain partners and consumers to track the movement of products through their supply chain.

On the VeChainThor platform, there are five main types of participants:

  • Business owners, which includes all kinds of entities such as enterprises, individuals, organizations, departments of governments and regulators
  • Application service providers that help business owners who do not have the individual adequate capabilities to build necessary applicational development and services on the VeChainThor blockchain
  • Enterprises or individuals that are capable of providing technical services to build and run smart contracts for business owners who wish to develop blockchain applications
  • Infrastructure service providers who ensure the integrity of the VeChainThor blockchain network by generating and verifying blocks
  • Members of the VeChain Foundation

The VeChain token (VET) is used to carry value from smart contracts which means that transactions on decentralised applications occurring on VeChain’s blockchain use VET.

The VeChain Foundation has distributed more than 70% of VET tokens (including a portion of burnt tokens) through different processes including private sale, public sale, promotions, business collaborations and marketing activities.

VET price analysis: Technical view

The VET coin started its journey in August 2018, and achieved an all-time high of $0.2782 on 17 April 2021. Only a week earlier, on 10 April 2021, VET had been trading at $0.1335.

However, the price retreated to $0.1589 on 25 April, dropping to as low as $0.07553 on 23 May. This is somewhat of a sharp drop considering that the coin had hit its all-time high just 37 days earlier.

The VET price then consolidated, trading within the $0.06 to $0.09 range until 7 August 2021, when it climbed to $0.1031, hitting $0.1556 on 6 September 2021. The rally was short lived, and the trend reversed when the price dropped to $0.08642 on 29 September 2021.

It’s currently (2 December) trading at around $0.116202. A decisive close above $0.12 would confirm a rally and clearing this crucial barrier could reverse VET’s downward trend.

VET ranks 27th in the list of cryptocurrencies by market capitalisation at $7.6bn. There are more than 64.32bn VET coins in circulation from a total supply of 86bn, according to CoinMarketCap.

Technical analysis provided by CoinCodex shows that short-term sentiment on VET is bearish, with eight indicators displaying bullish signals compared with 18 bearish.

The daily simple and exponential moving averages are giving mostly sell signals, according to data from TradingView, while the relative strength index (RSI) is at 39, as of 2 December. An RSI reading of 30 or below indicates an oversold or undervalued condition. Generally, when the RSI surpasses the horizontal 30 reference level, it could be interpreted as a bullish signal.

The technical analyst at CoinText, Ansh Rathod told Capital.com:

“VET has fallen by over 40% from the highs that it hit last month, however it seems to be taking support from the lower trendline, which could be a reversal zone for the coin. VET has formed several bullish candles at the support level and a break from the $0.129 resistance zone could change this downward trend.”

Blockchain-powered solution focused on supply chain and logistics needs

Last month, VeChain marked a milestone in its seven-year history. The company launched the first phase of its Proof-of-Authority (PoA) 2.0 consensus mechanism, which aims to improve the scalability of the network.

The upgrade allows VeChain transactions to be authorised without the use of mining, thus reducing environmental impact and providing a boost to the project.

According to VeChain, PoA 2.0 combines the Byzantine Fault Tolerance and Nakamoto consensus mechanisms to offer a more secure system, which could lead to wider adoption for the project.

Anndy Lian, chairman of BigONE Exchange and chief digital advisor for Mongolia’s national productivity agenda, believes that the VET token has not yet reached its optimum potential.

“VeChain’s recent upgrade to a Proof-of-Authority (PoA) model is deemed to be more environmentally friendly and this is just the beginning. Many people in my circle are saying that VET’s price could go up during this bullish market but they are yet to invest in the project as they are waiting for the full-scale launch of the upgrade to materialise. I can only say that innovation takes time – let’s be patient.”

What are the risks for the VET token?

While VeChain is a cryptocurrency that powers a network with some revolutionary potential, it’s crucial to take key risks into account and consider the price yourself before you decide to proceed forward. VeChain was launched in 2015, making it a relatively new project.

Also, the PoA system used in VeChainThor lacks the open, permissionless and decentralised nature which is inherent to blockchains, thus posing centralisation risks.

VET token price prediction: Buy, sell or hold?

In terms of a VET coin prediction, algorithm-based forecasting service Wallet Investor gives a positive VET/USD forecast. Based on historical data, Wallet Investor sees the price rising to $0.224 by December 2022, $0.441 in December 2024 and hitting $0.549 by December 2025.

Digital Coin Price supports the bullish VET crypto forecast, expecting the token to grow to $0.2290027113 in 2022, $0.2898387094 in 2025 and hit $0.5757652097 in 2028.

Note that algorithm-based predictions can be wrong. Forecasts shouldn’t be used as a substitute for your own research. Always conduct your own due diligence before investing. And never invest or trade money you cannot afford to lose.

Original Source: https://capital.com/vechain-vet-coin-prediction

 

What is VeChain?

VeChain is an enterprise blockchain platform that aims to solves some of the major problems with supply chain management. VeChain also plans to become a leading platform for conducting transactions between Internet of Things (IoT) connected devices.

Who invented VeChain?

VeChain was founded in 2015 by Sunny Lu. Lu was the former CIO of Louis Vuitton China.

What is Anndy Lian's view on VeChain now?

VeChain’s recent upgrade to a Proof-of-Authority (PoA) model is deemed to be more environmentally friendly and this is just the beginning. Many people in my circle are saying that VET's price could go up during this bullish market but they are yet to invest in the project as they are waiting for the full-scale launch of the upgrade to materialise. I can only say that innovation takes time - let's be patient.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j