With an optimized Vebetter-Grant program, VECHAIN is even more efficient on sustainability
- Vechain updated Vebetter Grants Program finances sustainable blockchain projects.
- Two conveyor channels support X-to-EARN DAPPS and the system infrastructure and offer up to $ 50,000 in B3TR token.
Vechain has an updated Vebetter-Grant program on the topto promote sustainable blockchain innovations. It focuses on the support of developers who develop applications and infrastructure that have real benefits in the world. The program now has a simplified application process and a community voting for the recipients of grants. Vechain wants to expand the vebetter system with projects that are useful and sustainable.
Simplified funding paths for effective development
The Vebetter-Grant Program now has two main promotion channels to meet the different needs of the developers. The X-to-Earn Grant is for sustainability dapps that have a measurable effect. Projects worthy of funding must have a functioning demo, an MVP or a prototype and undertake to start vehicles.
The applicants must also be able to show a conclusive business model and ideally an existing user base. Financing for this track can be up to $ 30,000 in B3TR token. Examples are apps that reward sustainable action such as recycling.
The second track, the systEM-infrastructure Grant, is intended for protocol developers, tool builder and infrastructure teams. Applicants must present an MVP or a prototype that benefits the vebetter system, as well as a clear implementation plan. Teams who have experience with Vechain or similar Layer 1 blockchains are preferred.
The grants can be up to $ 50,000 in B3TR tokens. This track aims to improve development tools, security and scalability within vehicles.
Both special rails attach great importance to measurable environmental impacts and the expansion of the use of vebetter. An example of Vechain’s success is the Mugshot app, which already has more than a million active users.
It has recorded 6.9 million tokenized sustainable actions and contributed to a reduction in CO2 footprint by 255,354 kg. This success illustrates the effectiveness of the vebetter modelwhich creates incentives for acceptance and sustainability.
Approval procedure controlled by the community
A remarkable feature of the updated program is its community validation process. Veakain enables his active community, which is known as Vefam, to participate in the vecharger Foundation in the vote on funding applications. This double approval mechanism ensures that the financed projects match the priorities of the users and the needs of the ecosystem.
The applicants keep full responsibility for their projects and receive a milestone -based financing. Vechain also offers technical support from blockchain experts and marketing measures through its foundation channels.
The program admits projects priority that support the requirements of the vebetter ecosystem and match the 17 goals for the sustainable development of the United Nations. Particular importance is placed on web2-capable projects that serve wide sections of the population and improve the infrastructure, tools, security or scalability.
Grant applications are subjected to a thorough examination procedure. VECHAIN evaluates the suggestions based on technical feasibility, the value for the ecosystem, innovation, team competence and long -term sustainability. The time frame for the application is usually up to four weeks, including the first exam, subsequent discussions and the coordination in the community. The funds are paid out as soon as the projects have reached the agreed milestones.
Milestones and key figures for sustainable growth
The grant receivers work on specific milestones for their projects. This includes integration into the vebetter ecosystem, e.g. B. the implementation of B3TR token for rewards and the guarantee of compatibility with Veworld wallet.
Another milestone is user growth that is followed by metrics such as the number of active wallets, transaction volume and the daily active user. The projects have to show clear progress in the extraction and binding of users.
Commercial sustainability is also a focus. The projects are encouraged to develop monetarization functions or an application models that are sustainable even after the end of the grant financing. In the case of infrastructure grants, the provision of robust development tools such as SDKS, APIs, extensive documentation and security tests is the key to strengthening the ecosystem.
Vechain updates the Vebetter Grants Program to promote the next wave of sustainable blockchain projects. The latest course data show an increase of 3.76% in the last month and act between $ 0.0189 and $ 0.0303.
Despite a decline of 33.76 % within 6 months, cryptocurrency is still traded every day with over $ 53 million. This persistent market activity goes hand in hand with the focus on sustainability through the new vebetter subsidy program.
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