VeChain (VET) Officially Announces the Launch of the X/Economic Node Endorsement Feature for VeBetterDAO

VeChain (VET) has officially announced the launch of the much anticipated X/Economic Node Endorsement feature for VeBetterDAO. According to the information privy to us, this feature will go live on Monday, November 18.

Cryptocurrency project VeChain (VET) has officially announced the upcoming launch of the X/Economic Node Endorsement feature for VeBetterDAO.

According to a tweet by VeChain on Monday, the feature will be available starting November 18. More details about the feature, including a step-by-step guide on how to use it, will be shared on the launch date.

🚨Feature Drop🚨

The X/Economic Node Endorsement feature for VeBetterDAO goes live from Monday!

On that day, we’ll share additional details about the feature, and a step by step guide on how to use it.

Before that, we invite X Nodes and Economic to join the token-gated “VeBetterDAO Endorsement Chat” on our Discord.

This channel will serve as the ground for both dApp Builders and Nodes to collaborate, deliberate, reach an agreement, and finally generate endorsement.

To join the channel:

1. Visit the official VeChain Discord (http://discord.gg/vechain).

2. Navigate to the “#︱wallet-connect” and then click on “Join Channels”.

From this level, follow a bot’s instructions to connect your Node-containing wallet securely. After this, the X Node or Economic Nodes will automatically give them access to the channel.

VeChain Invites X Nodes, Economic Nodes to Join Discord Channel for CollaborationFascinatingly, this instruction on the official VeChain account on X has been met with mixed reactions. According to a user identified as “Crypto Economy,” this could be a significant step toward the evolution of the ecosystem.

Collaboration between nodes and dApp builders will be key to driving growth and innovation. Excited to see what’s coming next!

However, another user identified as “Boosted_Yota” believes that connecting a wallet just to join a Discord channel could be a huge security risk. Meanwhile, an X user known as Michael Adkins suggests that there should be individual channels for each dApp instead of just “one big channel.”

Instead of just being one channel can it be separated into individual channels for each DAPP?

Sure, a main chat is great for general info for new/old DAPPS nodes.

But individual channels would be better so discussions pertaining to certain DAPPS don’t get lost.

What we Know About the X/Economic Node Endorsement featureBased on the information we have, the Endorsement and subsequent apps that would be listed on the VeBetterDAO platform would ensure that two-way dialogue between X2Earn applications and relevant stakeholders is necessitated. Meanwhile, this would be done via channels including Discord, X, Discourse, and Telegram. However, apps are required to first secure a 100-point minimum approval value before they can go live.

Following this announcement, VeChain has declined by 5% but still maintained its weekly gains of 12% to trade at $0.024.

According to an analyst identified as Crypto_Erdemm, Vet could begin a significant run to hit $0.6 in six months. At the time of his prediction, the asset was trading at $0.023. Also, renowned analyst Alan Santana believes that VET would follow the previous cycle with a series of waves, giving investors the chance to sell at the top and repurchase at the bottom, as we earlier reported.