VeChain (VEN) Announces First ICO On VeChainThor
The Vechain (VEN) is currently carrying out the project’s Public Alpha Test with a target number of 100 community testers to release it. The project hopes to collaborate among prominent cybersecurity business in this endeavour with the public to participate in the Beta Test in this June. It is with this progress, and the anticipated release of the MainNet version of the VeChainThor (VET) platform that the Plair project intends on using the VET platform to launch its own ICO that starts on the 25.05.2018, five days from now.
The CEO of the Plair foundation, Patrick Tang, who is really admiring the VeChain project:
VeChain brings to the table a powerful combination of professional advice, resources and community backing that is needed as a premium blockchain partner. We are excited to work together to pioneer a way to better serve gaming enthusiasts.
Plair will be a blockchain based eSports and gaming project that will allow users to play, watch and talk about gaming, similar to different platforms like Twitch. The project aims at decentralizing streaming, content management and cloud gaming solutions.
Also to note is that the project will attempt to capitalize on the popularity of gaming as another ‘reality’ where players can now start their careers as professional gamers. We have recently witnessed many teenagers earning millions through gaming and the industry is growing at an exponential rate, with one of the most popular games like Fortnite as example for this careers.
VEN is now in a market position to be a the forefront of this industry with this news announcement.
With respect to market analysis, the crypto-markets are generally in the green so far, due to the return of some stability in Bitcoin (BTC). The King of Crypto (Bitcoin) is currently trading at 8,350 USD and up 1.23% at the moment of writing this. Ethereum (ETH) is up 2.84% in 24 hours and currently trading at 716 USD. Ripple (XRP) us up 2.13% and currently trading at 0.69 USD at the moment of writing this.
VeChain (VEN) is currently stable at the number 16 in the general ranking according to coinmarketcap.com. The token is currently trading at 4.42 USD at the moment of writing this and up 1.68% in 24 hours.