VeChain Renaissance: Going Galactic — Time to Vote on Your Future!
VeChain Renaissance: Going Galactic — Time To Vote On Your Future!
Hey VeFam! We’re incredibly excited to announce the first concrete steps on our goal of delivering the VeChain Renaissance. The series of upgrades begins with the launch of Galactica — one of three major phases coming to VeChainThor in 2025 and beyond.
The initial four VIPs (VeChain Improvement Proposals) of Galactica mark the start of a journey that fundamentally reshapes the foundations of the VeChainThor blockchain, from technicals to tokenomics, delivering a suite of benefits and new capabilities.
But before we get to details — we have an important call to action!
Starting February 24th, we will commence an all-stakeholder vote to approve the following VIP upgrades.
Authority Masternodes, Economic Nodes and X Nodes — join the upcoming VeVote event and cast your support! Further details on voting will be shared shortly.
Join tonight’s X Space AMA with VeChain CEO, Sunny Lu, and Alec Burns, Head of R&D, later to learn about impacts on tokenomics and tech. If you’re reading after Feb 19th, please review the recording via our official X page.
Catch up on VeChain Renaissance articles to learn more about the planned tokenomics upgrades, EVM compatibility/JSON RPC integration, and the 2025 roadmap.
Introducing Galactica VIPs
Galactica VIPs introduce key foundational upgrades to the protocol. From the Dynamic Gas Fee Market and changes in the VTHO transaction model, to an EVM upgrade that introduces enhanced compatibility with common tools — Galactica VIPs ignite our evolution — and your vote gets us there!
VIP-251: Dynamic Fee Market
This upgrade introduces a dynamic fee market for transactions, inspired by Ethereum EIP-1559. It replaces the fixed-fee model with two components: a base fee that adjusts with network demand, and an optional priority fee that users can use to incentivize validators for faster processing.
Additionally, under VIP-251, 100% of base fees are burned, accelerating VTHO’s path to deflation, increasing overall gas consumption, and optimizing network performance. The VIP reduces attack vectors by making spam prohibitively expensive, and delivers sustainable, long-term value for the protocol through adoption and usage.
VIP-252: Typed Transactions
This VIP introduces a standardized transaction envelope format that revolutionizes how VeChainThor processes blockchain operations, identifying and managing different types of blockchain transactions and making contract interactions easier.
This modular approach allows VeChainThor to integrate new features smoothly and continuously, letting the protocol evolve without disrupting network operations or fragmenting the ecosystem. These are important foundations for the future.
VIP-242: Paris > Shanghai EVM Upgrade
Aligning with Ethereum’s Shanghai release, this proposal brings VeChainThor up to date with recent Ethereum Virtual Machine (EVM) advancements.
The synchronization with industry standards creates a more seamless pathway for developers to bring their tools and applications to VeChainThor. By matching Ethereum’s EVM capabilities, we’re unlocking new opportunities for cross-chain innovation and deeper blockchain integration. The upgrade introduces PUSH0, and optimises gas costs.
The focus on industry standards also extends to JSON RPC support — a technical goal of VeChain Renaissance (not included in Galactica). The protocol stands to be a fundamental addition to our compatibility toolkit, enabling direct integration with Ethereum-native tools and wallets, and opening the door to ecosystem expansion at an entirely new scale.
VIP-250: Extension Contract v2 > v3
The Extension Contract is one for the devs, introducing new functions for retrieving total clauses, as well as the current clause index in transactions. In a nutshell, it saves developer time and simplifies contract execution.
We would like to thank community Developer, DataB4Dishonor, for raising this topic, ultimately contributing to its inclusion as a Galactica VIP.
Your Role in Shaping VeChain’s Future
As prefaced — the voting period for these transformative VIPs begins Monday, February 24th.
As the first phase of the VeChain Renaissance, Galactica lays the technical foundation for the upcoming Hayabusa and Interstellar phases. Your participation in this vote directly shapes VeChainThor’s evolution toward a future of mass adoption.
These upgrades represent more than technical improvements — they mark the beginning of VeChainThor’s carefully planned evolution into a leading force of blockchain adoption.
Over to you…
Here’s how to become a champion of VeChainThor’s transformation:
Join the AMA with Sunny Lu on February 19th at 19:00 GMT — Get insights into how these upgrades position VeChainThor for mass adoption and have your questions answered about this historic evolution.
Engage with the Community — Connect with the VeFam on Discord and Telegram to discuss these revolutionary changes and share your vision for VeChainThor’s future.
Vote from February 24th — Make your voice heard on the VeVote platform in this all-stakeholder vote that shapes the foundation of our future.
VeChain Renaissance marks the most ambitious series of upgrades since mainnet launch in 2018.
The Galactica VIPs outlined above pave the way for enhanced tokenomics, true decentralization, and seamless blockchain interoperability — positioning VeChainThor to lead the next wave of mass adoption.
Your vote on February 24th fuels this future!
VeChain Renaissance: Going Galactic — Time To Vote On Your Future! was originally published in VeChain on Medium, where people are continuing the conversation by highlighting and responding to this story.
Witness the power of collective action, crystallized in in the form of digital assets on https://t.co/uRhypxsxu3 as $B3TR tokens.
This isn't just a number—it's a testament. 3.24 million actions prove that collective power isn't a distant dream, but a living, breathing transformation happening right now.
We're witnessing a profound shift in sustainability: from top-down mandates to bottom-up empowerment. No longer are meaningful changes dictated by distant boardrooms—they're sparked by individuals.
VeChain stands at the forefront, providing the technological backbone that turns single actions into global impact. We're not just observers—we're enablers of change.
As 2025 approaches, astute investors are on the lookout for hidden cryptocurrencies that have the potential for significant growth. While well-known coins often steal the limelight, the true opportunities can be found in lesser-known projects. Here’s a carefully selected list of hidden gems available on Binance, all priced under $1, that are primed for substantial gains. 🌟 1️⃣ Verasity ($VRA) Price: ~$0.005 Why It’s Special: Verasity is transforming video streaming with its unique proof-of-view technology, which enhances transparency and combats ad fraud. With growing adoption in the eSports and advertising technology sectors, it’s set for remarkable growth. 🎮📊 2️⃣ Celer Network (CELR)
Price: ~$0.013 Why It’s Special: CELR facilitates layer-2 scaling solutions, allowing for lightning-fast transactions across multiple blockchains. Its role in connecting the Ethereum, Polkadot, and Binance Smart Chain ecosystems positions it as a promising project for 2025. ⚡🌐 3️⃣ WazirX (WRX) Price: ~$0.10 Why It’s Special: As India’s top crypto exchange token, WRX boasts strong fundamentals and increasing utility. With the rise of crypto adoption in India, this token could experience significant growth. 🇮🇳💹 4️⃣ Reef (REEF) Price: ~$0.002 Why It’s Special: Reef is a DeFi-centric blockchain designed for DApp development and low transaction fees. Its collaborations with major players in the crypto space make it a strong candidate for explosive growth. 🌿🔗 5️⃣ SXP (Solar) Price: ~$0.25 Why It’s Special: Previously known as Swipe, SXP is creating a decentralized payment ecosystem. With its utility expanding across various DeFi applications, this token has considerable potential. 🌞💳 6️⃣ Akash Network ($AKT) Price: ~$0.89 Why It’s Special: Akash Network is a decentralized cloud computing platform aiming to challenge centralized giants like AWS. Its practical applications and rising demand make it a compelling investment. ☁️💻 7️⃣ Frontier ($FRONT) $front Price: ~$0.18 Why It’s Special: Frontier integrates multiple DeFi protocols, enabling users to manage their assets seamlessly. 8️⃣ Trias ($TRY) Price: ~$0.97 Why It’s Special: Trias is dedicated to building a trustless computing environment, positioning itself uniquely in the realm of blockchain-based enterprise solutions. This project is often overlooked but holds tremendous growth potential. 🏢🔒 9️⃣ Chromia ($CHR ) Price: ~$0.09 Why It’s Special: Chromia makes blockchain development easier with its innovative relational database model. Its connections to the gaming and real estate sectors offer considerable opportunities for growth. 🎲🏠 🔟 MultiversX (EGLD)
Price: ~$0.75 Why It’s Special: Known for its impressive throughput and scalability, MultiversX is a blockchain platform that could see increased adoption as the Web3 landscape evolves. 🌌💡 Final Thoughts Investing in cryptocurrency can be quite challenging. 🛑 Always make sure to do your own research (DYOR) and evaluate the risks before getting involved with these exciting projects. Although these coins are currently priced under $1, their innovative approaches and strong use cases might lead to substantial gains by 2025. 🌈💸 Which coin are you most excited about? Share your thoughts in the comments below! 🗣️
Forget Bitcoin, These Hidden Gems Could 1000x! Looking for the next crypto moonshot? These 10 altcoins, all priced under $1, have the potential to deliver life-changing gains in 2025.
1. CYBRO (CYBRO) 🌐🤖
1. Price: $0.06
2. Why CYBRO? This project merges AI and DeFi, offering user-friendly tools for simplified investing. CYBRO's successful presale raised $7 million, with the price climbing from $0.01 to $0.055.
3. Potential: CYBRO could revolutionize DeFi with its innovative AI-powered platform.
2. Kaspa (KAS) ⚡💎
1. Price: $0.02
2. Why KAS? Kaspa utilizes the GHOSTDAG protocol for lightning-fast transactions and unparalleled scalability. It's designed to handle a future with 100 blocks per second.
3. Potential: Kaspa is a leading contender in the race for a secure and scalable blockchain future.
3. TRON (TRX) 🎥🌍
1. Price: $0.08
2. Why TRX? TRON provides a decentralized platform for content creators, dApps, and smart contracts. Its low transaction fees encourage mass adoption. Potential: TRON empowers creators globally with accessible blockchain technology.
4. Terra Classic (LUNC) 🌌💰
1. Price: $0.00016
2. Why LUNC? Terra Classic aims to redefine digital payments by combining the stability of stablecoins with the resilience of Bitcoin.
3. Potential: LUNC's evolving ecosystem could disrupt the digital payment landscape.
5. VeChain (VET) 🚚✅
1. Price: $0.018
2. Why VET? VeChain provides blockchain-powered supply chain solutions with major partners like BMW and Walmart, driving real-world adoption.
3. Potential: VeChain is shaping the future of logistics and supply chain transparency.
6. Holo (HOT) 🔥🌐
1. Price: $0.0018
2. Why HOT? Holo offers a scalable and energy-efficient platform for decentralized hosting of dApps, pushing the boundaries of blockchain technology.
3. Potential: Holo is poised to revolutionize decentralized hosting with its sustainable approach.
7. BitTorrent (BTT) 🌍📁
1. Price: $0.00000062
2. Why BTT? BitTorrent leverages crypto to enhance its popular file-sharing platform, tapping into a massive global user base of over 100 million.
3. Potential: BTT combines the power of crypto with the widespread use of file-sharing technology.
8. Chiliz (CHZ) ⚽🎫
1. Price: $0.12
2. Why CHZ? Chiliz allows sports fans to interact with their favorite teams through voting, engagement, and exclusive experiences, backed by partnerships with major sports organizations.
3. Potential: Chiliz is transforming fan engagement into an immersive digital experience.
9. Siacoin (SC) 📦🔒
1. Price: $0.0033
2. Why SC? Siacoin offers secure, affordable, and decentralized cloud storage with a strong emphasis on privacy.
3. Potential: Siacoin is disrupting traditional cloud storage solutions with its decentralized approach.
10. Zilliqa (ZIL) 🚀🧩
1. Price: $0.021
2. Why ZIL? Zilliqa's high-performance blockchain utilizes sharding for scalability, making it ideal for enterprise and dApp development.
3. Potential: Zilliqa's strong technological foundation positions it for significant growth.
Ride the Crypto Wave:
1. Do Your Research: Thoroughly investigate each project, its technology, and the team behind it.
2. Diversify: Spread your investments across multiple promising coins to mitigate risk.
3. Think Long-Term: Crypto markets are volatile. Patience is key to maximizing gains.
4. Manage Risk: Utilize stop-loss orders and other risk management tools to protect your investments.
Don't miss out on the potential of these altcoins. Start your research today and position yourself for massive gains in 2025!
VeChain, a global leader in blockchain-powered enterprise and sustainability applications, has announced a strategic partnership with Lukka, the leading provider of ESG compliance and analytics services in the blockchain industry. This collaboration highlights VeChain’s commitment to aligning its ecosystem with evolving global regulations and sustainability standards.
Patrick Corker, Head of Strategy of Lukka, commented “We are honored to collaborate with VeChain, a forward-thinking leader in blockchain-based sustainability. Lukka’s ESG solutions enable VeChain to proactively address regulatory challenges and ensure robust governance practices, setting a benchmark for transparency and accountability in blockchain.”
Lukka’s integration will empower VeChain with sophisticated ESG scoring methodologies tailored for blockchain ecosystems. This includes detailed environmental, social, and governance analysis of VeChain’s tokens (VET, VTHO, and B3TR), ensuring compliance with emerging regulatory frameworks across global markets. The integration underscores VeChain’s mission to utilize blockchain technology for meaningful environmental and social impact.
Sunny Lu, CEO of VeChain, stated: “Partnering with Lukka marks another significant step in our commitment to ensuring compliance across every aspect of our ecosystem. As global regulators place increasing emphasis on sustainability and governance, we are ensuring that VeChain remains at the forefront of compliance and innovation, as we push for mass adoption of our technology. Lukka’s expertise in ESG scoring strengthens our ability to meet these standards and further validates blockchain as a powerful tool for sustainability.”
The partnership also reflects the increasing focus on compliance within the blockchain industry. With regulatory developments worldwide driving demand for robust ESG reporting and accountability, Lukka’s solutions position VeChain to address these challenges effectively.
“As ESG considerations become central to regulatory and investor decisions, blockchain protocols must prioritize sustainability and governance,” added Patrick Corker. “Lukka’s ESG tools provide the transparency and reliability needed to meet these expectations, enabling organizations like VeChain to lead the way in setting industry standards.”
By adopting Lukka’s ESG solutions, VeChain strengthens its role as a global leader in sustainable blockchain practices and underscores its commitment to meeting the growing expectations of regulators, investors, and ecosystem participants.
About VeChain
Founded in 2015, VeChain built a world leading enterprise smart contract platform, VeChainThor, helping deliver blockchain adoption apps to hundreds of enterprise partners.
Building on this expertise, VeChain, in close partnership with Boston Consulting Group, launched the ‘Better’ ecosystem — comprised of sustainability apps that use tokenization and incentivization to reward users, businesses and other stakeholders for sustainable actions.
To learn more, including how you can build apps of your own, grants, documentation and more, visit vechain.org — or vebetter.com to explore.
About Lukka
Founded in 2014, Lukka serves risk-mature businesses worldwide with enterprise data and software solutions. As a global team, headquartered in the United States, Lukka solves financial, risk, compliance, and trade finance use cases that are complicated by the characteristics of blockchain data.
Lukka’s data and software products are award-winning, independently audited, and designed to exceed institutional standards, such as those issued by the AICPA, ISO, IOSCO, and other trusted organizations, that focus on data quality, financial calculation accuracy & completeness, and managing technology operational risks. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance.
Our global team is ready to partner with you to solve complex data challenges.
VeChain Selects Lukka to To Drive Highest Standards For Blockchain Adoption was originally published in VeChain on Medium, where people are continuing the conversation by highlighting and responding to this story.
@vechain #vet #BMW #byd VeChain (VetChain) is a blockchain platform designed for businesses, focusing on tracking and data security in supply chains. With major partnerships, like those with BMW and BYD, VeChain is already proving its value. With BMW, VeChain developed VerifyCar, a system that records and protects vehicle mileage and maintenance history, combating fraud in the used car market. With BYD, it created a solution to track vehicle emissions and energy efficiency, reinforcing a commitment to sustainability.
These partnerships establish VeChain as a key platform for the industry, showcasing its potential to solve complex problems with blockchain technology. The transparency, security, and reliability it offers attract more major companies, and this ecosystem of strategic partners indicates that VeChain has a promising future with significant potential for growth and appreciation.