The blockchain ecosystem is poised for a significant evolution with the announcement of VeBetterDAO, a new initiative within the VeChainThor ecosystem. According to sources, VeBetterDAO aims to be a foundational element for a cross-sector sustainability dApp ecosystem that rewards and incentivizes user activity. The platform's mission is to onboard both enterprises and individual contributors to support good causes through innovative dApps.
In an effort to democratize impact, VeBetterDAO stresses that contributions towards a better world do not require a Nobel Prize. Every idea and effort, no matter how small, can contribute to a larger collective change. The organization envisions bringing together builders, enterprises, dApps, and communities that could potentially involve millions or even billions of users to foster a healthier planet and sustainable global economy through the power of Web3.
The launch of VeBetterDAO is structured in three distinct phases: Pilot Show Alpha: Testnet Take-off, Pilot Show Beta: Mainnet Blitz, and Go-Live Gala, culminating in the full mainnet launch on June 30th, 2024. During these phases, various features will be introduced and tested. A significant aspect of these phases involves the distribution of B3TR tokens through activities such as airdrops and testnet participation. These tokens are intended to seed the initial user base and provide an incentive for early adopters.
Furthermore, the introduction of two new tokens will power the VeBetterDAO ecosystem. The B3TR token serves multiple functions within the ecosystem as an incentive token, while VOT3 acts as the governance token allowing for community-driven decision-making processes. All B3TR Tokens earned during the pilot phases will be transferable to the Mainnet, encouraging users to participate actively in the platform's evolution.
A live event from Amsterdam shed more light on VeBetterDAO with an agenda that included opening remarks, an overview of the making of VeBetterDAO, insights into its whitepaper, demonstrations of seed projects, and a live AMA with VeChain CEO Sunny Lu. This event marked an important milestone in introducing the alpha release of VeBetterDAO.org to potential users and stakeholders.