[SC] Cryptocurrencies #890 XVG Spotify Partnership confirmed

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We visited the VeChain head office in Shanghai where CEO Sunny Lu was working out of for the day. The Shanghai office is located in the same building as one of the top Chinese Venture Capital firms -- Fenbushi Capital (Advisor is Vitalik Buterin). The building also houses a secretive VeChain startup incubator, currently incubating three startups (all expected to run on Ven blockchain once launched).

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there are two significant announcements coming in the month of May, described as “bigger than just partnerships, bigger than just customer relationships”, one was with PWC that was released yesterday and another huge one expected mid May (which we can’t disclose but mind blowing).

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Their whitepaper is being finalized for distribution and is now well over 100 pages long. Roadmap is well on track with Mainnet on schedule for June at which time token-swap will be done. The target of 10,000 TPS is still a target and main-net will be launched most likely around 100 TPS (faster than the 50 TPS initially indicated). Once main-net goes live, this will be public and anyone will be able to see how many transactions are currently going through the VET network (indicated that this would be an upside surprise). The team are also working to support more Virtual Machine platforms.

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We were also given a tour of the office and given a demo of their yet to be released, proprietary inventory management dashboard system. The software tracks real time a piece of inventory on a shelf, rack or warehouse and will update as and when inventory is added or removed. It was very impressive to say the least and we can see very easily, that this will replace manual inventory tracking in a heartbeat.

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VeChain is by far the most impressive project we have come across. They very much resemble a top tier silicon valley technology company. Their office was extremely impressive and just as equally impressive was the in-office demo of VeChain inventory management software. We believe, when the main-net goes live in June, investors will really see the capabilities of VeChain and therefore is one of our most bullish calls for 2018. Watch this space.

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Op zaterdag 5 mei 2018 16:52 schreef Koelkastje het volgende:

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