VeChain has one of the most loyal and engaged community in the space. It is apparent from conversations in the socials that many people have been long term holders and have a lot of faith in the longevity of the project. This is evidenced by many people calling it "a serious project," and "a long-term hold."
In terms of stats, below is the breakdown: 9000 discord 583.8k twitter 219k Reddit 23.7k TG 13k YouTube
$VET is on over a million CMC watchlists and on 333k on CoinGecko.
A Twitter Spaces discussion called Vechain Thorsday takes place every Thursday and 119 tuned into the latest on 29 June 2023, which shows excellent engagement.
On the governance front, it states on the website: VeChain is one of the most open and transparent public blockchains, another of our differentiating qualities is our commitment to regular reporting and compliance. Our goal: to enable rapid innovation and development, while meeting the needs of users, the community, fast-growing enterprises, and serving sustainability."
The VeChain Foundation, the organization behind the VeChain blockchain, has been actively fostering the community through various initiatives. The Foundation has provided resources and support to developers building on the VeChain platform including the general grant program which is designed to fund projects covering a wide range of topics, including, but not limited to:
Decentralized applications (e.g., gaming, DeFi, NFT, etc) Tools/libs for testing Tools/libs for frontend development Infrastructures (e.g., explorer, status dashboard, node service, etc) Interoperability Wallet integration Enterprise applications Research projects (e.g., tokenomics, governance, privacy, etc).
Each application can be funded up to $30,000. All Applications are tracked on GitHub and disbursed in USDC.
Having a loyal, long established community which feels heard and rewarded will serve the project well, now and into the future. Show Less
