VeChain Foundation has posted a tweet announcing the partnership with ExPlus and World of V. This follows the partnership for the Nitto ATP Finals scheduled to begin on November 13, 2022 and end on November 20, 2022.
The partnership between VeChain Foundation and Nitto ATP Finals aims to bring more recognition to $VET. The token will feature prominently throughout the event for marketing and networking opportunities with some of the best brands worldwide. How many people watch the event will also play an important role, especially in terms of recognition. The whole point is to ensure that the token grows in the market with a high level of adoption. The Nitto ATP Finals takes place in Turin, Italy. The VeChain Foundation first announced its partnership with the Nitto ATP Finals.
The announcement of a partnership with ExPlus and World of V followed the previous announcement. VeChain Foundation is launching an NFT lottery event linked to World of V and ExPlus. Amazing prizes will be listed for winners to win, with many more details waiting to be shared with the community. World of V is an NFT marketplace built on the VeChain blockchain. Its internal economy is powered by a token called $WoV. The infrastructure has the honor of offering zero-fee non-fungible tokens with a lot of focus on the green sector.
Users can easily generate and list NFTs on World of V. The process starts with users setting up their wallet on the platform. Sync 2 is available for computers, and Sync 2 Lite is available for mobile. Once the wallet is connected to the World of V account, users can continue creating their NFTs on the platform. Adaptation, however, is mainly limited to assigning an appropriate title. There is no fee to create NFTs and other artwork uploaded to World of V.
NFTs listed on the platform can either be sold for a fixed price or at auction. Fixed price enables a creator to earn a fixed price; however, an auction takes it up a notch and lets the price go as high as possible. VeChain delivers sustainability as a leading enterprise-grade L1 blockchain. It is a highly scalable smart contract platform with low carbon emissions.
The VeChain Foundation operates on the principle of a transparent governance model, which allows stakeholders to balance a view in the ecosystem. The steering committee improves the decision-making process, which is chosen by all community members. An on-chain steering mechanism supports execution.
