VeThor Token (VTHO)

VeThor Token (VTHO) is the utility token of the VeChain blockchain platform. VeChain aims to create a transparent, efficient, scalable, and adaptable blockchain platform that fosters trust and collective action, redefines value, and promotes interconnected ecosystems. The platform focuses on sustainability and creating a better world through technology and digital innovation. By leveraging blockchain technology, VeChain enables individuals, businesses, and institutions to participate in the development of interconnected ecosystems, where every action is accounted for and its impact is multiplied for the benefit of all.

VTHO is essential to VeChain’s sustainable two-token economic model alongside VeChain Token (VET). This model separates the cost of using blockchain from market speculation, ensuring a stable trading environment. VTHO is used for incentives and payments within the VeChain ecosystem, while VET is the utility token. This differentiation between the two tokens promotes enterprise adoption, user acceptance, and straightforward costs.

The VeChain platform has been developed through continuous research, innovation, collaboration, and partnerships. It has evolved from offering a trusted, distributed business ecosystem platform for transparency and efficient collaboration to addressing broader societal challenges through collective global action. VeChain aims to enable rapid innovation, meet user needs, and serve sustainability principles by utilizing blockchain technology and implementing an adaptable governance model.