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Author Topic: VeChain (VEN) discussion  (Read 1798 times)
dimmyboy
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October 03, 2017, 11:54:22 AM
 #1

So this coin was recently listed on liqui and is pumping now. Been doing my research to decide whether its worth investing.

Waiting for your thoughts

https://tokensale.vechain.com/en/#introduction

VeChain is a global information transformation platform based on blockchain technology. It digitalizes real people, products or events, by linking API with the system's application layer connecting blockchain with real-world information. We make use of Smart Contracts focused on real industrial operations. VeChain achieves collaboration and value transferring between different use cases. Hence, it maps the real world activities to blockchain. VeChain is creating a brand new business model, which provides 'trust service' to all collaboration parties across all platforms, entities, industries and consumers.

https://medium.com/@pr_11471/vechain-building-the-supply-chain-of-the-future-f91df2bdcaf7

A product on the VeChain platform is assigned a unique ID, which is stored simultaneously in the blockchain, and placed on the product with an NFC chip, RFID tag or QR code. At any point during the product’s life, the chip, tag or code can be interacted with, whether it’s a distribution or retail partner ascertaining batch membership, or a consumer learning more about a product’s provenance. The company envisages a broad range of applications, including brand protection, anti-counterfeit, and food safety.

_______________________

PwC (One of the biggest auditor companies in the world) has announced VeChain as their portfolio company. https://www.pwccn.com/en/press-room/press-releases/pr-150517.html

VeChain has already several big companies in their partnership - its proved information which you can google.
Kuhne-Nagel, Renault, I.D.G

_______________________

What is interesting as well is that Frost & Sullivan (business consulting company) made a interview with VeChain project leader Sunny Lu

https://ww2.frost.com/frost-perspectives/movers-shakers-interview-sunny-lu-co-founder-and-coo-bitse/

_______________________

It seems that project is solid. Website seems nice, whitepaper is great. Lack of marketing and updates lately - it worries me. I hope that guys are just doing their job developing the product and dont spend much on marketing to pump the price of their tokens.

Please share your ideas about this project!
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October 03, 2017, 12:00:49 PM
 #2

Rank in coinmarket only occupy 61 and china we know forbid ICO but this project comes from hongkong if not wrong, chinese investor may be invest here, my opinion this is a good coin and worth it if you invest.

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October 18, 2017, 10:57:46 AM
 #3

KuCoin will list VEN. The AliBaba rumors are also good. VEN is gaining traction, has announcements coming and has pre-pump growth potential. Counterfeit goods are a global issue and the wine industry is huge in China and if AliBaba has had a word with VeChain the price will massively increase.. have a look at those articles.
https://www.reddit.com/r/CryptoCurrency/comments/7719fx/uhmm_guys_regarding_vechain_i_think_i_found/
https://www.reddit.com/r/Vechain/comments/76vdpc/this_article_sums_up_vechain_pretty_nicely
https://www.pwccn.com/en/press-room/press-releases/pr-150517.html
https://i.redd.it/yzppjk01pasz.jpg

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November 05, 2017, 07:51:43 PM
 #4

That's interesting...

Their business model is anti counterfeiting, but they advertise with pictures of the German supermarket  Lidl on their homepage.
https://www.vechain.com/static/img/demo_05.71e8fc6.png

Would be nice to know if the German supermarket giant, exceeding $90 billion revenue, approved this picture.
Otherwise they might sue VeChain, be it from the Lidl HKG office:
http://www.lidl.com.hk/cps/rde/career_lidl_hk/hs.xsl/index.htm

On the other hand, by connecting the dots....
Kühne + Nagel (Large German logistics company) + Lidl web shop based on Alibaba + VeChain to protect German products from being counterfeit in China could make perfect sense.
https://www.retaildetail.eu/en/news/food/lidl-launches-chinese-web-shop

 




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November 05, 2017, 08:32:25 PM
 #5

VeChain looks interesting.

We are doing something sort of similar, except using existing barcodes and a new system of QR codes we call dual-layer QR codes, where we can embed encrypted messages in QR codes without increasing the size of the QR code. We can actually get 30% more information in a QR code using this method.

We hope to implement this into wallets, so you can hide private messages in QR, and *maybe* encode your Private Key in a QR code (for a paper wallet) so that if someone finds the QR code with your private key there is another layer of security there.

check it out at: www.blockarray.com - let me know if you have any questions on specifics

Thanks

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■  BLOCKARRAY.com  ■     ║     SUPPLY CHAIN & LOGISTICS  •  TELEGRAM     ║     GS1 COMPLIANT BARCODES)
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November 18, 2017, 08:39:17 AM
 #6

Vechain ( VEN ) list on new exchange Gate.io

https://twitter.com/gate_io/status/931781228365148160

Congratulation !

Wish you very happy trading !
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November 18, 2017, 01:48:42 PM
 #7

VeChain achieves collaboration and value transferring between different use cases.This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies ... Focused Discussion vechain!!!!
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November 23, 2017, 12:53:38 AM
 #8

NEWS
https://www.reddit.com/r/Vechain/comments/7est7c/the_world_leader_kuehne_nagel_and_its_partnership/

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November 23, 2017, 05:41:51 AM
 #9

seems to be progressing to new heights to me. I think it is a valid and viable investment. Just buy and hold till next year and something great will likely come from this project. It's on my list of coins that i plan to stock up on over the next few weeks also.

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November 23, 2017, 05:46:43 AM
 #10

If the price is low enough, is the choice of investment, venchain the progress of the development is very good, but there are many businesses and vechain cooperation, so long-term investment is worth the attention.

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December 18, 2017, 04:40:10 PM
 #11

Very interesting news here: https://twitter.com/vechainofficial
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January 19, 2018, 08:47:40 AM
 #12

https://www.onebitcoinbuy.com/vechain-ven-buy-cryptocurrency-money-cash.php

VeChain VEN - current and historical cryptocurrency VeChain VEN

 Embarrassed

Live VeChain data, market capitalization, charts, prices, trades and volumes. Create real-time notifications and alerts.

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January 26, 2018, 01:18:20 AM
 #13

some people complain about 1 bilion of total coin supply - i think that is irrelevant for the most part.. what matters is current market cap at the moment of investing..

i mean.. if bitcoin was 21 billion instead of 21 million - people would still have made the same profits putting in the same money (unless they would buy less of them, thinking that they already a lot - which is psychological and it may have some effect, but not as crucial... if you believe in some shares you not gonna go " oh ok I gonna buy 634 of shares " you gonna go "hey i got a 1000 usd free to invest, i will just put that in"

what is relevant on the other hand is what are the fees for using the VEN functionalities (cause that's how basically it is going to be "SPENT") - ie how much will the big companies spend on let say.. every shipment they make from their factory to the assembly and then how much fee for confirming the shipment from assembly to the shop

with bitcoin - we know how much the fees cost - with VEN i have no fu**** clue and can't find that out. anyone?

"on the third hand" ;d even if the fee is low - if hundreds of thousands of multimillion dollar companies in the world start using VEN for tracking their products, shipping number of batches every single day, perhaps that could add up...?

the value of VEN lies in the cost of it's use - I believe.. maybe I am wrong I don't know.. i mean.. if the fee for tracking a shipment from china to europe into the retail store is let say.. 10 dollars in VEN - then the person is gonna buy 10 dollars worth of VEN to track that shipment... they are not gonna spend 20 dollars on something that cost 10, they gonna spend 10 - i hope that is clear Grin

so.. the cost of the fee for the functionality/service will drive the market...

now someone f**** tell me what in hell is that fee ;d

another question is what is it going to be in the future..

thank you
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March 02, 2018, 11:30:08 AM
 #14

vet is one of the most promising coins ever. they confirmed partnership with bmw. i m very excited about vet s future.
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March 05, 2018, 08:19:16 PM
 #15

Ven is at the lowest prices of its history at the moment. I predict that it will go back to its real price in Q2 2018 with the mainnet launch, not early than that.
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March 06, 2018, 04:03:33 PM
 #16

VeChain pledges to lock up an additional 50M VET creating the X Series Node Program. These nodes will be rewarded the highest VeThor generation available and need to be locked into a trackable wallet by Mar 20th, 2018 12:00 pm UTC+8.
https://medium.com/@vechainofficial/vechain-x-series-6b77b746b4b2

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March 06, 2018, 07:47:59 PM
 #17

Ven is at the lowest prices of its history at the moment. I predict that it will go back to its real price in Q2 2018 with the mainnet launch, not early than that.

Lowest price in the latest weeks can we say not ATL. For now the volume and the price is increasing. Hopefully it will reach 6$+ again.

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March 06, 2018, 07:52:38 PM
 #18

I like this coin. I have already made a good profit on it. But now it's red. It seems to me that it's too early to buy. I will wait until the coin reaches the bottom.

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March 06, 2018, 09:08:45 PM
 #19

I watch this coin and look forward to a good time to buy. The idea of the project is very interesting and in demand, but I have some doubts. Perhaps this coin will not bring a very big profit, but definitely not a loss.
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April 18, 2018, 09:36:42 AM
 #20

Hi everyone. Can someone help me validate this topic as real information or just a scam that he created to attract members for his telegram?
There will be a lot of people who believe in him because he is a hero to create this topic. But if this is a scam, then he needs to pay for his work



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