VeChain (VET)

VeChain recently launched a grant program to support “X-2-Earn” ecosystems on the VeChainThor blockchain. This program incentivizes users engaged with these ecosystems. Furthermore, it rewards their continued participation to bolster user engagement and foster sustainable communities within the VeChain ecosystem.

Additionally, VeChain recently partnered with SingularityNET to merge blockchain and AI technologies. This partnership aims to leverage blockchain’s trustlessness and immutability alongside AI’s data-processing capabilities. The project seeks to revolutionize enterprise applications and spearhead the development of sustainable ecosystems with support from the Boston Consulting Group.

At the same time, VeChain integrated its technology into redesigned gloves for UFC fighters, enhancing safety. These gloves, set to debut at UFC 302, feature NFC chips powered by VeChainThor blockchain technology. This integration enables fans to authenticate memorabilia purchases through the official UFC website.

Today marks a great step forward in our relationship with the @UFC!#VeChain powered NFC and blockchain technology will be integrated into fighter gloves, providing an immutable record usage, and ensures fans receive genuine products, authenticated by blockchain.