VEN (VeChain) - The VeChain Foundation is building to become the top distributed business ecosystem. The project is being headed up by CEO Sunny LU, who was most recently the CIO of Louis Vuitton China. Sunny has been busy building top-notch partnerships and VeChain has already partnered with PwC, Cisco, BMW, Kuhne + Nagel (Massive Global Freight Company), and China Unicom (Chinese Telecom operator w/ 4 largest mobile subscriber base in the world), and Chinese Government Tobacco arm.
VeChain is gearing up to launch their mainchain, which will be named VeChain Thor Blockchain. During this launch, all VEN tokens will be exchanged to become VET at a 1 to 100 payout. This is essentially like a stock split and is positive news considering the massive partnerships the team has built. The team has also been working to get new projects to build on the Vechain Thor blockchain. Plair, a blockchain backed gaming platform and community, has been announced as the first ICO to debut on the platform. It will be an interesting couple of week but VEN/VET definitely gives a lot of reason for excitement, VEN currently trades at $4.32 on Binance.
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