What Is VeChain (VEN) & Why To Invest In This Crypto Project In 2018?
blockchain·@cryptonet·
0.000 HBDWhat Is VeChain (VEN) & Why To Invest In This Crypto Project In 2018?
<html> <p><img src="https://cdn-images-1.medium.com/max/1600/1*awkmO6OvKiEe2aNqDsTHzA.png" width="735" height="400"/></p> <p>Crypto space has hundreds of crypto projects working to make our lives easier. Some of these projects are questionably very good while others are not so efficient. Still every day we can see the inception of a new project, irrespective of its need in outside world. </p> <p>Considering their needs, there are some projects which are doing exceptionally well in crypto space either in case of product development or price increase. One of those crypto projects is VeChain (VEN).</p> <p><em>VeChain is a versatile crypto project based on Internet of Things (IoT). It employs a combination of Smart Chip technology and Blockchain Technology which are being used to track a product during their entire life-cycle. It also plans to become a DApps platform soon enough after their Mainnet being released.</em></p> <h2>VeChain Price & Market Capitalisation</h2> <p>With less than a year in crypto market, this project has taken the market by storm. It is shocking how a crypto project attained a price of $4.40 in just 5 months after its introduction, while making projects failed to attain $1 price level even after 2-3 years. </p> <p>VeChain always showed a strong price action since its inception but the real price growth was seen in December 2017 when in only 11 days, VeChain price saw a phenominal increase by 2855%.</p> <p><strong>Currently, Vechain is trading at $4.30 with a market capitalisation of $2.25 Billion and a rank of 16 in Coinmarketcap.</strong></p> <h2>Why To Invest in VeChain (VEN) In 2018? </h2> <p>Well, in a project like VeChain (VEN), there's no fixed time to invest. One can invest a small amount of money periodically. But 2018 might turn out to be a game changer for VenChain.</p> <p>To begin with, VeChain (VEN) has plans to rebrand this year in Vechain Thor. Initially it was scheduled in January 2018, But now it has been confirmed that the rebranding will be done on 30th June 2018. </p> <p><img src="https://cdn-images-1.medium.com/max/2000/1*swJ5WyLy6sRek0TwdZZSxA.jpeg" width="1920" height="1080"/></p> <p>After the re-branding, the token will be re-named to Vechain Thor (VET).</p> <p>As per the <a href="https://cryptorecorder.com/2018/01/18/invest-vechain-ven-2018/">sources </a>and company's officials:</p> <blockquote>The VeChain Token (VET) token is designed for companies so as to enable them use VenChain cryptocurrency blockchain in carrying out their payments. During the transition period, the companies with more VET coins will be given a higher priority.</blockquote> <p><strong>Moreover, Vechain has acquired some of the lavish partnerships in last few months. One of the largest partner of Vechain is Price Waterhouse Coopers (PWc).</strong></p> <p>These type of partnerships are getting Vechain a large no. of clients all over the World and wide-spread popularity is a plus. Apart from PWc, VeChain has also partnered with DNV GL Company. VeChain basically makes good connection with the clients of the company it partners with and later those clients ends up investing in the project. </p> <p>For a crypto investor, who can hold this coin long-term, might give a great-chunk of profit by the end of year 2018. Give a serious look at this project to gain some great profit. </p> <p>Disclaimer: This article is not giving any kind of Financial advice. Please invest at your own discretion. </p> <p>Thanks for reading ...!!</p> <p><a href="https://cryptorecorder.com/2018/01/18/invest-vechain-ven-2018/">Information Source</a></p> <p>Image Credit<a href="https://cdn-images-1.medium.com/max/1600/1*awkmO6OvKiEe2aNqDsTHzA.png"> 1</a>, <a href="https://cdn-images-1.medium.com/max/2000/1*swJ5WyLy6sRek0TwdZZSxA.jpeg">2</a></p> </html>