- VeChain introduces a groundbreaking ‘Web3-as-a-Service’ platform that simplifies digital asset deployment and integrates APIs for seamless operations.
- The VechainThor-based NFT Marketplace expands, allowing enthusiasts to mint and list NFTs directly.
- Recent price trends of VET exhibit moderate volatility, establishing an immediate support at $0.01689, with potential backing near $0.01664.
In a groundbreaking display of technological prowess, VeChain, the trailblazing blockchain platform, showcased a slew of innovative advancements in its August 2023 tech update. The fervor of the blockchain community was palpable as the company unveiled its second tech update, underscoring the relentless efforts of its burgeoning developer team.
At the heart of Vechain’s achievements is its steadfast dedication to nurturing a burgeoning developer team. With the goal of hiring 100 skilled developers over three years for its Technology Centre in Ireland, Vechain has successfully broadened its expertise across various disciplines. The company is resolutely focused on creating cutting-edge tools and technologies to position itself as a premier platform for both individuals and enterprise builders.
Among the highlights of this tech update is the unveiling of VORJ — an ingenious ‘Web3-as-a-Service’ platform. VORJ simplifies digital asset deployment and integration of blockchain-powered APIs, making it a vital tool for businesses and developers.
The VORJ landing page launch stands out as a milestone, offering a repository of resources and guidance. Additionally, Vechain enthusiasts could look forward to minting and listing NFTs directly on World of V, a VechainThor-based NFT Marketplace. Discussions with other marketplaces are also in progress.
VeChain (VET) is currently at $0.01689, showing a decrease of 1.92% over the past 24 hours. The cryptocurrency holds the 38th position in terms of market capitalization, with a total market cap of $1,228,031,374. The 24-hour trading volume stands at $33,719,141.65.
The current price of $0.01689 serves as an immediate support level. In case of further downward movement, the price might find additional support around the $0.01664 level, which was the recent low.
In conclusion, Vechain’s August 2023 Tech Update Series underscores the platform’s dedication to innovation and advancement within the blockchain space. With its ambitious plans to expand its developer team and establish itself as a leading platform for both individual creators and enterprises, Vechain demonstrates its commitment to shaping the future of blockchain technology.
