VeChain

VeChain is a public Layer-1 blockchain founded in 2015 to solve trust and transparency problems in supply chains, provenance, and sustainability. Its VeChainThor network uses EVM-compatible smart contracts, a dual-token model, native fee delegation, and multi-clause transactions for enterprise and consumer apps.

The project’s origin is 2015 with a genesis date of 15 August 2017. Public team details are not confirmed, but collaborations include Walmart China, DNV, PwC, Boston Consulting Group, and UFC. VET is the native asset and staking collateral; VTHO pays fees. Ecosystem tools include VeBetter, StarGate, VeWorld, and VeWorld.ai. No other chain deployments are confirmed.

Evidence supports a product/infrastructure classification, not a meme coin, given its enterprise focus. Public history shows VeBetter reached 5.3 million users, 50+ apps, and 50 million verified actions by April 2026, but no airdrops are confirmed. Analysts should verify official roadmap, audits, and token emission data.