Alright, guys. So, today, we're going 

to be talking about a project


that we have not looked at in quite a while.


A lot of you guys know this coin was on 

my top picks from the last bull market,


and it did pretty well.


As we get close to the end of the bear market 

and start heading back towards bull territory,


we're going to take a look at this coin 

as one you should accumulate.


Let's get it!


Welcome to BitBoy Crypto!


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in the know about crypto.


And, today, we're going to be talking about VeChain.


As you guys know, this is a coin 

we're very bullish on last cycle,


so let's take a look 

on what we think about it today.


So we know VeChain 

as the supply chain crypto project.


But it's actually a lot more than that.


There's a lot more reasons for investors 

to begin taking notice into this coin.


Of course, I'm not a financial advisor,


so just take all the information you learn 

in this video and use it for your own research.


So in a world where green energy is everywhere 

and consumption is the buzzword of the day,


VeChain is actually among the lowest 

energy consumption blockchains out there.


And the company itself?


Well, it's worth about a half billion dollars.


Now, it's down right now about 40%


due to the fact the market 

has been absolutely crushed.


But the market has been crushed more than 40%,


and VeChain is still holding pretty tough.


And they just released a new roadmap.


It includes sustainable infrastructure, tech features, 

new apps and a partnership with UFC.


And in case you hadn't heard,


well, VeChain, they got NFTs, too.


So the new roadmap is for the rest of this year,


and it goes into 2024,


which is when we should see 

the beginning of a new bull run.


And one of the highlights of this roadmap 

is sustainable infrastructure.


What does that mean?


Well, that's basically a new way for people 

to say it's very energy efficient.


It's very green-friendly.


And that's big in today's narrative of climate change.


Now, if you want to get some VeChain,


you can always do that at Binance.


We got a link down below for you guys.


And you can just click right up here.


It'll take you straight to Binance,


where you can get yourself a big bag of VET.


A lot of people know that VeChain 

involves supply chain tracking.


Well, one of the big things they track,


well, it's food.


From farm to table, as you might say.


But how can that process become greener?


Well, VeChain has introduced VeCarbon.


They want to actually decarbonize the food sector.


Pretty cool.


A lot of people know VeChain is based in China.


Now, they are starting to spread out 

around the world to other places and offices,


but VeCarbon is actually going to contribute 

to China's carbon neutrality strategy.


And also, VeChain just became a technology partner 

with none other than Amazon Web Services.


So the plan is for VeCarbon to manage governments, 

corporations and other entities all of their carbon data.


This is going to be a lot of data,


which is exactly why they had to partner 

with Amazon Web Services.


So one way you can make money in crypto 

is to follow the narratives,


and where those narratives can take you 

are some interesting places.


Well, one of the big narratives 

in the world is, of course, green energy


and being carbon neutral.


So, if you wanted to find a project


that could possibly be looking 

to make waves in that narrative,


well, VeCarbon and VeChain got you covered.


So one of the new features is called XP.Network.


What does this do?


Well, it makes NFTs interoperable 

between VeChain and other chains.


XP.Network is a cross-chain NFT bridge.


One of the popular hashtags on Twitter lately 

for VeChain has been #VeChainHasNFTs


because a lot of people don't even realize 

it has a blossoming NFT network.


Now, one of the biggest projects 

on VeChain is called VeKings.


And, right now, that seems to be 

the blue chip NFT of VeChain.


VeChain has been making big moves 

for a while now.


Back in February, VeChain 2.0 was launched.


That includes their blockchain data explorer.


It does deep dives into rich lists, 

addresses, transaction and much more.


It's also community-driven and community-ran.


Now, let's talk about how the dApps work on VeChain.


They use something called Connex.


This is a standard interface that connects dApps 

with users on VeChain network.


There's a contract entity mapper 

for Ethereum, VeChain and Tron,


basically anything that uses Solidity 

as its programming language.


So, what can you guys expect for 2023?


Well, the VeChain naming service 

is finally going to debut.


You may know this on Ethereum as ENS, 

or Cardano that has Handles.


Instead of using complicated addresses 

with a combination of numbers and letters,


uppercase, lowercase,


they say someone to use a name

that's readable and someone can remember,


kind of like an email address 

or a Twitter handle.


Also, in 2023, you're going to expect 

a community-run asset lending service


and expect oracles to come into play 

for the VeChain network.


Now, 2024 is obviously a little bit further away,


but since the roadmap goes there,


there's so much you can expect down the road 

when the new bull run should be hitting.


Well, they're going to start decentralized 

file storage to allow for greater bandwidth.


And as the network grows,


well, they'll need layer 2 solutions, 

just like Ethereum has.


They're planning on launching rollups in 2024.


And while it's a little bit controversial,


VeChain has got a plan 

for their own algorithmic stablecoin.


Make sure to watch out for that.


And also, you can expect DAO governance 

and operating systems coming into play.


Right now, the supply of VeChain 

is just at 72 billion.


And the price is at 2¢.


All-time high was, of course, 28¢ back in 2021.


It was a great year for VeChain.


So it's actually dropped 14X 

since the all-time high.


Now, is VeChain a good project 

you should invest in?


Of course, like I said, 

I can't give you financial advice.


I do believe this going to be the top 

supply chain tracking platform out there.


Same thing I said in the last bull run.


I think it's got massive potential.


Now, if you remember watching our portfolio videos, 

where we showed our entire portfolio,


you guys know we cut VeChain out 

towards the very end of the bull run.


We were trying to get to where we had 

less than 20 coins in our entire portfolio.


And VeChain just quite didn't make the cut.


Why?


Well, as you guys know, in our rubric,


you know, philosophy is one of those 

things that we do look at.


And for me personally,


looking at the fact that this project and China 

are very much embedded with each other,


it was a way for me to kind of separate 

things and cut out of VeChain.


But that doesn't mean that I don't believe 

it's got a lot of great potential.


I just thought at the time there were 20 

other coins that had a higher potential.


But I told you guys the entire time I do think 

that while we cut it out of our portfolio,


I do think it is still going to have 

a good run in the next bull run.


Like I said, it'd be the top 

supply chain tracking platform.


So I haven't given up on VeChain yet.


And I don't think you should either.


So down below in the comments, 

let me know what you think about VeChain


and tell us what are the projects 

you want us to look into.


Alright. That's all I got.


Be blessed.


BitBoy out.