VeChain chose VirtualFlame and Nestor as the first VeFounders to run two VeBetter apps; full ownership after 100,000 users. VeFounders take over pre-built VeBetterVeChain chose VirtualFlame and Nestor as the first VeFounders to run two VeBetter apps; full ownership after 100,000 users. VeFounders take over pre-built VeBetter

VeChain Empowers Community Builders With New VeFounder Program

  • VeChain chose VirtualFlame and Nestor as the first VeFounders to run two VeBetter apps; full ownership after 100,000 users.
  • VeFounders take over pre-built VeBetter apps with existing treasuries and social media channels, supported by the VeChain Foundation.

VeChain has launched the VeFounder program, a community initiative that lets independent operators manage pre-built apps on VeBetter. VeBetter is a platform that tokenizes sustainable actions and rewards users for participating. 

The program provides a structured route for community members to lead a Web3 startup running on the VeChainThor blockchain, while VeBetter continues to operate under DAO governance.

Following the program’s launch, VeChain reported many applications from candidates seeking to take over existing VeBetter apps. After an internal review, the VeChain team selected two initial founders and placed them on a shortlist for takeover and management of two applications currently live on the platform.

The transition is underway, and the incoming operators are expected to assume day-to-day responsibility once the handover is complete. During the co-management stage, the VeChain Foundation will provide operational support, and the apps will retain their treasuries and social media channels as part of the takeover package.

Earlier in the year, CNF reported that VeChain was recognized in new research for helping companies build trust in environmental claims and support environmental compliance.

VeFounder Appointments for the First Applications

The VeFounder model sets a user-growth requirement for full transfer of ownership. VeChain said a VeFounder gains complete control of the application and associated assets, including intellectual property and treasury resources, after the app reaches 100,000 users. 

Until that milestone is met, VeFounder activities take place within a shared management structure intended to support onboarding and continuity for users.

VeChain introduced VirtualFlame and Nestor as the first VeFounders. Since 2020, VirtualFlame has been participating in the VeChain ecosystem and has experience producing on-chain media as well as organizing community communication. Moreover, VirtualFlame made an initial public promotion of VeBetterDAO and educated other members of the network on the mechanics of the DAO.

Nestor brings a development and project delivery background and was recognized during a VeChain hackathon held in late 2025. In the announcement, Nestor stated,

VeBetter has expanded since its mainnet launch in June 2024. VeChain reported that the platform hosts more than 50 applications, has processed 46 million tokenized transactions, and has distributed rewards tied to sustainability-related activities. 

For onboarding users, VeChain directed participants to access VeBetter through the VeWorld wallet’s app section. The update also referenced StarGate staking for VET holders seeking carry-over benefits directly within the VeBetter ecosystem.

Additionally, we previously covered that VeChain and Evearn rolled out a drive-to-earn model across 30+ car brands in Europe and North America. The project rewards verified mileage in B3TR tokens via the Evearn iOS and Android app. 

At the time of reporting, VeChain (VET) was trading at $0.01040, with a 24-hour trading volume that had risen over 13% to $32.2 million.

]]>
Market Opportunity
Overtake Logo
Overtake Price(TAKE)
$0.04214
$0.04214$0.04214
-3.50%
USD
Overtake (TAKE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Trading Psychology After a Losing or Winning Streak

Trading Psychology After a Losing or Winning Streak

Winning and losing streaks affect traders more than most realise. Psychology, not strategy, often determines what happens next. 📉 After a losing streak
Share
Medium2026/01/24 19:32
The Longevity Pivot: Is Regenerative Medicine Disrupting the Global Under Eye Filler Market?

The Longevity Pivot: Is Regenerative Medicine Disrupting the Global Under Eye Filler Market?

We have historically treated the aging face much like a distressed asset: patch the cracks, paint over the damage, and hope the structure holds for another fiscal
Share
Techbullion2026/01/24 19:30