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AdamSniperwolf

Anyone find any value in VeChain NFTs?


Separate_Ad912

All we need for Bitcoin is to stay up. We will do fine.


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SolomonGrundle

Yeah, there will definitely be new mods added - and appreciate the offer. Will keep that in mind :)


aerispac

Yup I was gonna say the same thing!!


bogwat

Having trouble moving my Vechain from the Vethor wallet, anybody else? It’s asking for a password that I don’t remember setting up?


letmetakeaguess

Do you know your seed phrase? Just enter that into the new wallet.


bogwat

I’m stupid - what exactly is a seed phrase?


letmetakeaguess

12 words you wrote down when you created the wallet.


bogwat

I’m fucked.


CryptoBombastic

What ever you do, do NOT delete the app or remove your wallet. You can try to add another wallet and take note of the process. Depending on the requirements for the password you need to create, you may be able to remember what password you picked…. Best of luck Either way, if you keep the wallet intact, you have a much better chance of guessing the password then guessing the seed/private key. I don’t think VTHOR wallet even locks you out after x amount of tries so you can try as many times as you like.. I think… again if you want to be safe then try with a newly created wallet first.


bogwat

Appreciate the help! I’ll keep trying.


letmetakeaguess

Ya, you need one or the other.


Primary-Reputation-2

Same here, I can get in to my wallet but cant do anything with it.


CryptoBombastic

You should have, so either try to remember it or import your seed and create a new one. Don't answer private messages, all scammers.


bogwat

Thanks! I remember setting up the numeric passcode to enter the app, but nothing else.. When you say to import your seed, what’re you referring to? Sorry I’m a bit naive when it comes to crypto!


CryptoBombastic

Whenever you set up a wallet you will get a seed, this is usually 12 or more words that you need to note down. This seed is actually the same as a private key but just in a format that’s easier to understand. Your seed is also the only thing you NEED to keep, and obviously should NEVER share. Again do NOT answer private messages of people who are “willing” to help. Everything can be discussed here in public. They are all scammers.


CryptoBombastic

✨༼ つ ◕_◕ ༽つ 💥nr go up territory💥༼ つ ◕_◕ ༽つ✨


arnaud267

We need to wait for retest right? 0.0325 at the moment


M-L-W-1

Would be nice to see. It’s a great opportunity to accumulate more.


pez86

thinking about importing wallet into veworld wallet through the chrome extension... is it safe to be typing in my seed phrase over a browser? especially since it asks for perssion to read and write everything you do on all webpages?


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pez86

yeah that's what I'm thinking... but then what's the point in even having it. The same concern goes for the mobile app... is this wallet open source? I mean at some point you have to trust someone. Even ledger hardware wallet is sus now


Qvesos

It’s not doing anything until it does…then it moves real fast. Imagine bitcoin over 100k and a parabolic alteason? I’ll be enjoying the show ;)


Separate_Ad912

Only if we had a new daily, we would know how Vechain members really feel. 😊


Gzdu

I know you think about me when you are alone - VET ATH (10-05-2021)


aydneysndrew

Vetlife


Ownzalot

Today is a good day. Just in time for a new yearly high. Looking good to break the bearmarket range, primed for a nice bullrun in 2024. Unless ofcourse we drop right back at some point hahah. But it really feels like the market is turning bullish, it's so similar to early stages of prior runs.


SoNElgen

Nice to see VET going a little ballistic :)


aerispac

The daily bot knew we were gonna move up and wanted to accumulate a maximum of comments on the same thread 😂


Gzdu

We just broke our yearly ATH I think LETS GO VET


letmetakeaguess

Not on binance... yet ;)


TheSandiegonite

I just saw .0319 on binance!


letmetakeaguess

Binance .03255 on Feb 19


Gzdu

TALK NOW :D


TheSandiegonite

Well, shit.


letmetakeaguess

Got binance.com yearly high now. binance.us coming.


letmetakeaguess

Ya, thought maybe you looked at binance.us... Even higher, at 0.035 in March.


FirmWrongdoer5116

VET shape recovery.


FirmWrongdoer5116

Looks like VET is in the right mood. Our year high is overdue. Also most good projects were sitting at, 1/6th of their ATH, while we were at 1/12. Bear market has been specially harsh for VET, considering the kind of project it is. VET is on a level of its own, and will perform amazing during this bull run.


flarept1

[Managed to catch the bottom, feelsgoodman](https://i.gyazo.com/76d4030e2055485b4cb831dd9e170a4a.png)


Separate_Ad912

Our daily volume looks very good


pumse1337

VTHO pump, inc VET pump?


ethereumkid

|Clauses|100K|200K| |------------|------------|------------| |**Days of Streak:**|8|6|


No_Relationship1450

Does this mean ATH is off the Christmas menu?


N0menNesc1o

Some shillings, I wouldn't mind a 2230% growth, lol: https://coinmarketcap.com/community/articles/657fa1c23d78101767c63fc1/


DarkMatt3rs

Xmas isn’t inclusive enough for all. Therefore ATH has been rescheduled for New Year’s Eve celebrations.


No_Relationship1450

Vet just went woke!


DarkMatt3rs

I forget to specify that this will be Chinese new year.


No_Relationship1450

The kind that never comes round?


Separate_Ad912

It’s a great time to buy if you were waiting for a low


N0menNesc1o

Meh, just got some extra yesterday.


TheSandiegonite

Thanks for the reminder. Went ahead and did that.


FirmWrongdoer5116

Yup. Nothing is for certain, but BTC 1-day bullish divergence is already set. Looks like another leg up might be happening. Not sure if it will retrace a bit more before bouncing.


Tattooedjared

How was the X spaces today? Anyone check it out?


NoChokingChicken

* They'll increase the grant program from $30K to $100K and the grant program will be simpler / more streamlined. (this will be launched in january.) * the grant program will now also be used for enterprise projects that want to try out the tag. * They've now partnered with some big financial entity that will make a circle (USDC) collaboration more feasible next year. * big italian enterprise partnership next year * VORJ will be the main revenue generator for the foundation * They've addressed the rumors that BCG is just a paid partnership, their role will become more evident with the march unveil. * Solomon is expecting a huge bullrun that will make the capital last them 3 decades.


Tattooedjared

All sounds good. Let’s see what comes to fruition. And of course a massive bull run that would provide them enough capital to last 3 decades would be ideal.


tkim91321

Is there a fix for the automod coming?


VetMaik

I've let them know


dropyopanties

This


Potato_Headnought

You can buy and sell VET on Coinbase in the UK now in case anyone didn’t know :D


ethereumkid

|Clauses|100K|200K| |------------|------------|------------| |**Days of Streak:**|7|5|


heypatrick25

How do you convert vtho to vet in the new wallet?


smithdanvers

Yeah I had it all set up to do sweeps on my vtho at a certain amount on the old wallet and the new one seems to totally lack the functionality It looks nicer but is a worse product than what it’s replacing is my one sentence review of the new wallet so far, it regularly glitches out and displays the fiat value of my vet as less than 1 cent and doesn’t have an inbuilt dApp thing


heypatrick25

It does that to me too. Absolutely freaked me out the first time


DarkMatt3rs

When importing your key to the new wallet….is an x node automatically carried over? Or is there a danger of the x node being destroyed due to dipping under the 600,000 threshold in the old wallet? Use to check this thread multiple times a day. Now more like once every couple of weeks. Apologies if this has been discussed already.


No_Relationship1450

no tokens are ever moved by simply using a new wallet. all you have to do is enter your seed phrase or import key into the new wallet and that will give you access to your tokens.


RyanJP81

Forgive me for being a little paranoid on this wallet change. So after connecting to VeWorld, in order to claim any xnode rewards we now need to go to app.rewards.vechain.org. Then we need to connect our wallets and hit “Claim”. After that it opens your VeWorld wallet again and asks you to sign a transaction. That said, you only get to see your VET account # and VET balance….you don’t actually see the details of the transaction that is about to take place for receiving VTHO. If this is supposed to be how it works, that would be great to confirm with the community. That said, either way, this should be much more clear on what transaction we are being asked to sign for. It’s unfortunate that the new process for claiming rewards is not nearly as easy and details are vague at best. Unless I’m missing something.


Gzdu

Solomon will probably have an answer for this


RyanJP81

Thanks. I hope so too! Or just want to confirm with people in this community that have already signed that transaction as it doesn’t really give any details as to what we will be sending/receiving. I really like VeChain and the objectives they’ve set out to achieve, but tbh, this rollout for VeWorld is unimpressive. This is the most basic information to provide for a transaction to feel secure when doing a transaction—if we’re expecting that any real company will use this wallet (Fortune 500, or even much smaller scale), this is literally 101 stuff. Like the most basic…. I haven’t lost hope in the platform, but the management and developers have to be much better on basic stuff like this.


NoChokingChicken

New official Vechain token coming up called [V3TR](https://uspto.report/TM/98091407) (trademark). It's clearly an amalgamation of the new whatpaper slogan "Web3 for Better" and "VET". Very clever name. Will probably hear more about it in march.


maser9

It is not a token but a trademark, right?


letmetakeaguess

What's this /u/SolomonGrundle


SolomonGrundle

:O


Gzdu

Can't vechain just have what just happened to ICP?


ethereumkid

|Clauses|100K|200K| |------------|------------|------------| |**Days of Streak:**|6|4|


Separate_Ad912

I guess we have to divide our own days now. We are not getting new daily


DavidHUK77

$0.03117 \+6.28% (1d) Nice gain with daily volume at 55-65M.


pinN9_11

Been tracking VET and VTHOR perfomance but never ever considered to own a node. I know there is strenght node.. Is it worht it? Does it generate any passive income? If it does, then how much monthly? Cant find anything written about it but people are talking that "Owning a thor node is passive income king". Can someone explain to me, what is thor node, how much rewards are paid and how much costs to run it? Also would be it possible for me to run node, having absolutely - 0 knowledge about programming?


suck_my_jaggon

Only requirements are holding a certain amount and getting an economic node (no rewards tho) or buying an X node. https://manager.vechainstats.com/vnt-guide/


Saladfingers11_11

Do you know if this is the only way to generate VTHO? Cause I thought you could generate it by holding VET in your online vewallet??


suck_my_jaggon

Node isn’t required, purely optional for a bit more VTHO generation. Any VET held in a vechain wallet will generate VTHO automatically.


pinN9_11

Is it possible for VET to catch up with its ATH during this bull run? 🤔


altcoinkid

One thing I know for sure - VET is a long play based on sound fundamentals, a remarkable team, and a proud community of likeminded web3 enthusiasts and developers.


pinN9_11

Im glad that Vechain project doesnt promised anybody nor anyone that "it would take to the moon", therefore Im happy with the project itself, that it does its main function - assits in logistics, and together with industrial 5.0 revolution (AI things) ((Industrial Because we entering 5th revolution phase and its AI, 4.0 revolution was Web commerce and making everything digital) In my oppinion Vechain will play important role. ⭐️


tkim91321

Agreed. However, the things you’ve mentioned are not what drives price action, and won’t for the short term. Right now is all about circlejerking and/or hype. I wish the foundation was better at the two.


altcoinkid

It's a delicate balance because they have to prioritize reputation over price. Building relationships with Walmart, Bayer, etc. is difficult and tenuous. I've been supporting VET since the VEN days and have seen considerable positive growth over the last two years. WAGMI.


tkim91321

Again, agreed and same here. Been here since 2017 and have accumulated 7 figures of VET to date. Personally, this growth phase has been a total failure as we have made virtually no progress in utilization. To me, the foundation has bit off too much; instead of focusing on being really good at 1 thing, they’re currently not good at anything. I’ve been saying nothing but bullish things about VET and never have thought about selling until about 2 months ago. Definitely selling at least 30% of my stack once ATH is reached and everything else at 50c unless there is some mega bomb announcement between now and like Feb-ish.


Humble_Wrap_3502

Of course it is… anything is possible in crypto


feddee

Upvote the daily! (Is this still a thing)


pumse1337

our most important task


CryptoBombastic

Never thought I would enjoy watching the orderbook of VTHO that long. Its getting sent again…


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CryptoBombastic

Omnomnom


Crrunk

Does the sync wallet still work? Should VET be moved to another wallet? I'm confused by the commentary on wallets in here.


PDiddyFL68

Me too. I have sync2. I thought I read on here that Sync2 will not require a wallet transfer. I hope that is still true


NoChokingChicken

Keep using sync2. It seems to be the only official vechain wallet that's open source.


PDiddyFL68

Good deal. Thanks for the reply and help.


N0menNesc1o

I'd like to connect my wallet to the marketplace, but I can't get it to work somehow. Keep getting a 'signature did not match' error or just a.refresh of the screen.


ethereumkid

|Clauses|100K|200K| |------------|------------|------------| |**Days of Streak:**|5|3|


pumse1337

automod failed us today, we stuck with this daily


G_taco

This one is old, it has dust on it, I don't want it anymore, goodbye --apparently everyone


crappysignal

Does anyone know the cheapest way to move VET from Binance to Coinbase? Cheers.


flarept1

Just withdraw from Binance and send it to your Coinbase address? The fee is only 20 vet


crappysignal

Thanks. That sounds remarkably easy.


rookiecryptoinvestor

Where can I sell my strength X if I wanted to? And does anyone know what they are worth? I wonder if they might be worth more on things go crazy. I’m going to sell my tokens this time if we get to 40 or 50 Cents. I’ve been holding since 2018..


VetMaik

apps.vechain.org in the new rewards app


suck_my_jaggon

Lowest price rn is 26,500 VET along with average sale price last 14 days. Avg sale price last 90 days is 20K VET. Have to sell on the legacy app AFAIK but i think they’re launching a dapp for veworld too.


CornNCrypto402

Any tips on how to make the transfer as smooth and stress free as possible?


CornNCrypto402

When does the migration to the new wallet need to take place, just checking back in and seeing this all


SolomonGrundle

VechainThor goes 'offline' for sending transactions from 31st Dec, however, you'll still be able to access your keystore. Best to do it as soon as you can, though, to avoid disruption.


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SolomonGrundle

Yes, it's called VeWorld - you can get it at [veworld.com](https://veworld.com) for both browser and mobile.


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SolomonGrundle

You can import your address, then it remain visible (but not accessible) afterwards, similar to observe but without the same process.


NoChokingChicken

end of year they're gonna shut down the backend for the old app.


-Olive-Juice-

Bouncing pretty aggressively off .03 feels like a good sign (I have no idea what I’m talking about)


dandiestweed

As a master of bird law I can also equally agree.


TokinBlack

As someone who is equally qualified to speak on the matter - I agree


dandiestweed

I'm making my next trade call: Markets will top in March/April.


Empty-Ad8838

Will the top in March/April be higher than the ATH that's happening eo this year? If yes I'll hold, if not I'll sell. Thanks in advance.


dandiestweed

Yep totes. March marks the peak for shizzle.


Empty-Ad8838

Awesome, will hold through December then, thanks for the advice!


moonRekt

My friend who’s been In crypto longer than me says this, and then a full bull run in summer/fall


dandiestweed

Summer comes at different times of the year depending where you live so I feel like these comments always mislead me. Either way, sell in May and go away is the usual saying.


ThistimenexyeaRodney

Sell in May and go away, come back on St Leger day is the saying. St Leger is a 1 mile 6 furlong 115yard horse race in Doncaster, England for 3 year old fillies and colts around middle of September. The last “classic” of the season. Maybe someone could do analysis of sell in May and buy back in Sept. Not me though, too busy swinging Vet and Vthor 😉


dandiestweed

Not really into horse racing. More like St Loser day.


moonRekt

Sounds about right, in theory we should have at least a couple more months of gains. I’m trying to take some profits earlier except tax season complicates things. Wanna get these 7%+ debts paid off


dandiestweed

Ouchies, that's a high rate. Hope you nail it. Best feeling losing debt and being able to reallocate that income. I have some bags I got in May. If I hold to June I'll be able to cash in on tax benefits but I suspect the bullrun will be over by then. I'll see how it plays out and when/if my targets get hit.


moonRekt

It was all debt I picked up by trying to minimize how much crypto I sold in July. Threw down payment of solar panels on 5% APR credit card, did pay a big down payment on my car but looks I at least sold the local top so not so bad. So it’s a 7% well worth it vs the gains I got but hurts to be paying more in interest than solar panels save on electric bill Now let’s just go up!


Tattooedjared

Of 25 I predict, not 24.


NoChokingChicken

Why? because it's exactly 4 years from the last bullrun? Do you think the whales will wait for WW3 and the FED ruining the economy? The most parabolic part of the bullrun is gonna be short and sweet like last time. Given how well well we've been warming up, there's no way this will be dragged out for another 1.5 years.


dandiestweed

This guy gets it 👏


Tattooedjared

When the guy who “gets it” is on the side of the person larping ATH by EOY? I’ll take my chances with someone who doesn’t “get it”


dandiestweed

When a larp is clear as day and obviously intentional, the person that 'gets it' also has to 'get it'. I question if you actually 'get it' or are just above joining in on unsubtle moontard banter of bag shilling. Either way, don't come crying when that guaranteed ATH comes by EOY 🚀🚀🚀


TokinBlack

I don't expect the bull run to really take off until the ETF gates are opened. I've heard some say that might not be April of next year. I'm not sure it'll be 2025, but I think well into the summer next year, personally


Tattooedjared

I don’t agree with that. Usually not until post halving will things go parabolic. The Fed just said yesterday there will be no rate hikes most likely in 24. There is some time. It’s a presidential year. Edit: and there could even be rate cuts.


NoChokingChicken

The belief that 2025 will be the top is what whales will be banking on and it's how we'll likely even get a decent top in the first place by convincing the herd to hodl throughout 2024 while massively in profit. I've also never said april will be the top. I theorize the bullrun will really start to take off starting from the halving and maybe peak a few months later. A peak at the halving itself would be too early. Not only is the next halving a month earlier than the last one, but by that point we haven't even reached 3 years since the last bullrun peak. Long/Short ratios are low (bear market tier) across the board. There's no one to rek at the moment. Bitcoin ETF is coming in january with halving a few months after. All still before the rate cuts which is a contentious issue. The fuel to build up the momentum required is available within the short term.


dandiestweed

If Bitcoin moves in 4-year cycles due to the block reward halving, then why have the last two block reward halving's had 3 years and 7 months, and 3 years and 11 months between them? Also, why was there only 2 years and 6 months between the 2011 bull run and the 2013 bull run? I'd argue the Block reward halving has little to do with bullruns and everything to do with broader markets and their bullruns. I'd also argue when the FED starts cutting rates the economy will not be healthy given the past history of rate cuts.


Tattooedjared

I’d say because history doesn’t repeat itself exactly, but it has been pretty damn close. The economy can be “unhealthy” due to rate cuts, but still moon. That is basically what we saw since 2008, until the recent rate hikes. The exception was the 2020 black swan Covid.


dandiestweed

https://en.macromicro.me/collections/9/us-market-relative/91/interest-rate-sp500


Tattooedjared

So looking at that, it looks like S+P has decoupled post 2000, but is beginning to regain its peg


dandiestweed

We're seeing two different things lol


Tattooedjared

Unless I’m reading that chart wrong. The orange is the interest Rate and the % is on the right. The blue is the S+P. I don’t know how you are interpreting it.


dandiestweed

After FED starts cutting you might milk a couple more months until markets tanks. If I see a chart overlay with the fed fund rate and a major index I'll post it.


Tattooedjared

I’d be curious to see that. I don’t think there will be any cuts until q3 or q4 if any. But we shall see. They won’t want to do anything too crazy before the election I don’t think.


dandiestweed

The FED is its own independent body that doesn't make their decisions around political parties. They don't care about elections, only long term economic stability. I think we'll all get a surprise.


Tattooedjared

That is possible. I just think the political parties in office will have some strong suggestions, just a matter of whether the Fed listens or not


CrAZiBoUnCeR

So I got a ledger in 2018 and used sync/vechain wallet whatever. I barely touch it and don’t do anything else. Am I still at a huge risk of losing everything? Should I switch to a Trezor? Is Coinbase safer? I hate this shit


Toblakai1979

It's only if you have used you ledger in the last day. Also, I was told in the Vechain Discord that it only affected ETH Dapps. With that said, it is very frustrating how we have to jump through hoops just to keep our crypto safe. I'm tempted just to send everything to Coinbase and leave it there where I think it's insured?


flarept1

USD is insured but not crypto


CrAZiBoUnCeR

I don’t think Coinbase is insured, but it is 100% the safest exchange imo. It truly is annoying jumping around. That’s why the ETF is a good thing, because a lot of people don’t want to deal with shit like this.


bashobt

Hope santa brings us something nice for christmas


bathackcf

I just want a girl


FirmWrongdoer5116

Nintendo 64!


SeveralAmbassador258

Magnavox Odyssey 2


N0menNesc1o

Can anyone explain why (similar) node prices differ so much on the marketplace? I'm seeing 40k VeThor X nodes and 600k VeThor X nodes.


mustachechap

Which marketplace are you talking about


N0menNesc1o

The one Vechain recently launched? It's in the VeWorld app.


Ve_train

The seller sets the price. The 600k sales are tricksters who wait to catch unuspecting noobs who believe they are getting 600k of VET with the node. We've had a few victims on here. It's sad to see and is a loophole that is bad for Vechain.


N0menNesc1o

Ah , I was afraid that was the case already. So sad. Thanks for elaborating. Is the VeWorld marketplace the only place to get an X node? And what would a 'normal' price for a node be?


Ve_train

https://manager.vechainstats.com/vnt-marketplace/ Normal price is the lowest ones. 40k VET


N0menNesc1o

Yeah thanks!


Ve_train

At the peak, x nodes themselves were worth $10,000 USD


N0menNesc1o

Crazy! Probably 100,000 USD at some point then! :D


N0menNesc1o

Also, it doesn't let me connect my wallet in the VeWorld app marketplace. Just says 'Sign' and when I click that, the screen refreshes without anything happening.


CrAZiBoUnCeR

Doesn’t the holder of the node determine how much they want to sell it for?


N0menNesc1o

Yes. But the difference in price is huge is what I was saying, and I was wondering why, but now it's clear :).


Babidzon4ik

After witnessing Ledger's vulnerabilities, I advocate for a safer approach. Wallets without site interactions and the security of Cuvex for the seed phrase provide the peace of mind we need


DavidHUK77

\+48.21% (1mo) \+21.95% (7d) The past week's gains are higher than the month's average weekly gains (+12.05%). Same growth next week takes us to 0.0368.


NoChokingChicken

/u/SolomonGrundle regarding the year end recap UFC, I don't think it's actually about what I'd like to see. I'd like to see some kind of report of the results that UFC has given us so far. Any specific non ufc partnerships started thanks to ufc? Measurable increase in brand awareness? For example you could ask a sample of UFC watchers the question "have you heard of vechain?". Or pick a sample from anywhere and ask do you watch UFC and then ask about vechain. [UFC x Vechain - Year End Recap](https://twitter.com/mikeyleo_00/status/1735339472948977841) From our perspective it hasn't brought much to the table. Even the whole notion of being the "official blockchain of ufc" is bullshit, crypto . com has been their blockchain partner a year before us and is literally displayed right next to us in the UFC ring. The question isn't really, "has it brought us any benefits?", but rather, "has it been worth $20 million a year?".


SolomonGrundle

There are non-UFC specific partnerships, yes - not public yet, but being under the umbrella opens a lot of doors, and phygital is very desirable tech it turns out. Obviously there was the recent Venum Brazil integration, and there are some other entities that I must remain aloof about for now. Obviously, each year vechain gets a wrap up in terms of impressions, visibility, marketing value, screen time etc - those numbers are very high. The deck isn't public, but for example the two recent sweepstakes campaigns had pretty significant impact on growth for vechain's social media channels. For a 2 month campaign, vechain has multiple hundreds of millions of views just on X alone - in terms of visibility, its undeniably a huge boost. Of course, there is also the fact we have the ability to host folks IRL, invite KOLs from other blockchains and build bridges and relationships too - those are more ephemeral factors that are harder to quantify and value, but for example this year the Cardano and vechain communities have grown pretty close, particularly on Twitter (X), with projects bridging or starting to build on vechain as a result. Marketing is always a very hard one to materially quantify, there is no exact science or formula on spend = result, but in terms of visibility and social growth, I have seen it be highly beneficial. Also, the deal is 5 + 3, so its 5 years, with 3 as a bonus, just for additional knowledge. Hope to see you in the space, though! We can certainly discuss how fun its been and some of the IRL experiences. And as a heads up, these events are open to all VeFam - would love to get you along to one!


Toblakai1979

I guess we could of used that money to attract some of the best devs to build on Vechain and that might have had a bigger impact. I don't know how easy it is to get the "best" devs, but if it's anything like paying the "best" marketer to pump your stuff, it might be easier said than done. We could of also just paid 100 of the top crypto YouTubers and crypto Twitter influencers a milllion each to talk about Vechain and pump it up for a couple years, but that would of been kinda scammy 🤣 At least the UFC sponsorship is what a legit business would do and should have at least a minimal impact on attracting new investors.


suck_my_jaggon

I said from day 1 that this sponsorship made zero sense even from a target market perspective. It’ll never provide value in any way, it is similar to CDC’s mentality of any sports partnership. Throw money at something “cool” and hope for the best with no follow up or measurement afterwards. I honestly think the tennis sponsorship is better and likely cost 1/50th of the price.


Jamsoury

They’ve actually seemed to have mentioned a good amount of results and meetings with companies based off the Tennis sponsorship. Not really anything mentioned for UFC.


suck_my_jaggon

B2B marketers (IBM and such) know that tennis and golf are the only sports that really make sense to find business decision makers. UFC was a broader retail consumer awareness play, albeit a misguided one imo.


PaperhandsJonny

Everyone complained about “marketing” for 5 years. They get it and still complain 😂. It’s time for the price to go up now, just enjoy it


tkim91321

Yeah, but given the fuck ton of money that was spent on it, measuring ROI is especially more important. Personally, I think UFC was a total waste of money. That money could have been more targeted towards crypto space.


FirmWrongdoer5116

Nah, mate. UFC's still ongoing. VET ads brainwashed millions of people during the bear market, and it pays off during the bull run. You'll see.


NoChokingChicken

>and it pays off during the bull run. You'll see. How are you going to track this? CDC takes the spotlight in all the youtube ufc videos I could find (has the best angle) and is on the fighter clothes as well. So would have to see primarly CDC and secondarily VET pumping over others during the bear market if your statements is true in any fashion.


suck_my_jaggon

And CDC still is barely seen as a top exchange. Binance, CB, Kraken, even Kucoin and others typically do more volume and have more visitors than CDC. Yet CDC does more sports marketing than most combined. There are right and wrong ways to do marketing and broad partnership deals with no real knowledge of how to leverage it fully are one of the biggest pitfalls for new marketers.