Ep 764: What's new with VeChain?

11 snips

Feb 12, 2025

Sunny Lu, co-founder and CEO of VeChain, shares insights on how their blockchain platform is revolutionizing real-world applications, especially in sustainability. He discusses the integration of blockchain in luxury retail to ensure product authenticity and highlights collaborations with the UFC, focusing on sustainability initiatives. The episode also touches on the launch of a new meme coin and shares strategies for earning airdrop opportunities, reflecting on the evolving landscape of cryptocurrencies.

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ANECDOTE

Bitcoin at Louis Vuitton

Sunny Lu, VeChain CEO, suggested accepting Bitcoin at Louis Vuitton in 2013.
Louis Vuitton rejected the proposal, potentially missing out on significant gains.

INSIGHT

Bridging Tech and Business

Sunny Lu aimed to bridge technology and business value with blockchain.
VeChain's first application tracked Givenchy products, showcasing blockchain's real-world potential.

INSIGHT

VeChain's Consensus Evolution

VeChain initially used Proof-of-Authority (PoA) for balance between decentralization and centralization.
They're transitioning to full decentralization with VeChain Renaissance, allowing anyone to become a validator.

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