VeChain's unique approach in Web3 focuses on real-world utility and action rather than belief, with initiatives like Cleanify, SupplyMe, and Traceability rewarding users for meaningful actions such as cleaning streets and tracking ESG-compliant goods.
The network has showcased its versatility with the introduction of dApps like ST3PR and Build Your Body, which incentivize users for activities like walking and fitness routines, further solidifying its presence in various sectors.
VeChain has processed over 2 billion transactions on-chain, partnered with numerous real-world companies globally, and launched a cross-chain bridge with Wanchain, enhancing its blockchain interoperability and positioning itself as a reputable player in the Web3 ecosystem.
Sebastian highlighted VeChain's unique value proposition of trust in proof, contrasting it with Bitcoin, Ethereum, and Solana's distinct trust mechanisms. The market has shown positive response to VeChain's recent performance, with VET surging in value.