Blockchain Investor Analysis

VeChain

VET
Current Price $0.01 (-4.52%)
VeChainThor is a supply chain-focused blockchain platform that uses two tokens VET and VTHO. If you hold VET, you can earn Thor Power Tokens (VTHO), which are used to fund tokenized transactions. Activity on the blockchain is verified by masternodes that receive Thor Power as a reward for their work.

Our Rating:

Market

Problem that it solves

Vechain solves several problems associated with the supply chain. It can be used to help authenticate a vast amount of information about a product's history.

Customers

Suppliers, manufacturers, wholesalers, customers and anyone involved in the supply chain can benefit from VeChain.

Value creation

Owning VeChain's tokens gives you the ability to use the network as well as earn interest.

Market structure

The market VeChain serves is still emerging because the possibilities have not been fully explored. However, the application to those concerned with supply chain maintenance and information makes VeChain a clear solution for several different markets.

Market size

The size of VeChain's market has the potential to balloon over time as businesses use VeChainThor more.

Regulatory risks

Because VeChain interacts intimately with the products the public buys, it would be in the government's best interests to keep tabs on it. Regulation is more likely than not.

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Competitive Advantage

Technology/blockchain platform

VeChain was initially built on Ethereum's blockchain, but has since shifted to its own.

Lead time advantage

The concept behind VeChain has some lead time because it's a novel, blockchain-based solution that takes aim at age-old problems.

Contacts and networks

VeChain's team is well-connected, thanks to the history its principals have of providing enterprise solutions in various industries.

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Management Team

Entrepreneurial Team

The team behind VeChain consists of folks who have been around the IoT and enterprise solutions industries for some time.

Industry/technical experience

The team behind VeChain consists of folks who have been around the IoT and enterprise solutions sectors long enough to have gained substantial experience.

Integrity

The VeChain team seems to have inflated the number of real partnerships they have, which takes a chip out of their integrity. They're not the first ones to exaggerate their partnerships to gain some initial steam, but it wasn't a wise choice.

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Token Mechanics

Token required

The VeChain system uses tokens to help keep it decentralized. This strengthens the integrity of the solution. Other than that, there really isn't a need for a VeChain token.

Value added

Owning a VeChain token (VET) gives you the ability to use the network as well as earn Thor Power.

Decentralized

The VeChain blockchain is a good example of decentralization because it uses a mining system verified by masternodes. It doesn't require a minimum number of nodes to be in agreement, which also helps with decentralization.

Token supply

There is a ceiling of 86.7 billion VET.

Public exchange

VeChain is available on several popular exchanges.

MVP

Both VeChain tokens and their product have been functioning in the market for a few years now.

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User Adoption

Technical difficulty

VeChain's blockchain solution is on the more technical side of the blockchain spectrum.

Halo Effect

Several big names like Renault and PWC have partnerships with VeChain, which helps give them some clout.

Buzz

The buzz around VeChain is positive and relatively frequent, but it pales in comparison so similar, more established platforms.

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Overall Score

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Blockchain Investor Analysis

Widespread adoption of VeChain could help everyone from those who want to improve the quality of the foods they ship to folks who want to make sure their new Jordans are real.

The value of VeChain's tokens is likely going to rise or fall with the popularity of VeChain itself. More businesses adopting VeChain's solution and the number of tokens edging closer to the cap may result in an exponential growth curve. But only time will tell whether the world is going to fully appreciate the VeChain concept as much as some of its early adopters.

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