VeChain Removes Transaction Fees For dApp Users PlatoBlockchain Data Intelligence. Vertical Search. Ai.

VeChain Removes Transaction Fees For dApp Users

Time Stamp: July 29, 2022 10:39 AM
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Crypto project VeChain is making upgrades to its platform to drive mass adoption.

VeChain, a flexible enterprise-grade L1 smart contract platform, just recently announced that it hit another milestone within its ecosystem. Using VeChain Fee Delegation as a leverage point, the platform has already sponsored over 2 million VTHO, making it possible for artists, collectors, and projects to engage with one another and grow together.

The blockchain platform added that it eliminated the requirement of paying transaction fees for users of decentralized applications (dApps) and solved one of the most significant problems inhibiting widespread blockchain adoption, creating space for widespread adoption.

“We’ve removed the need for dApp users pay transaction fees & tackled one of the biggest challenges facing mainstream adoption of blockchain.”

Vechain’s CEO also admired the upgrade.

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