#VeChain $VET

A thread 👇

Oct '18

-King Harald V & Queen Sonja of Norway visit China to witness the signing ceremony of DNV GL-VeChain's Digital Low Carbon Ecosystem.

-Signed by the Chinese (CCPIT) & @sunshinelu24 & CEO of DNV-GL among others.

Who's in center of pic?😉

1/14
March 2018

#VeChain's CTO, Gu Jianliang, said back in a March 2018 AMA that a "Carbon Bank" was #VeChain's "Mission Project".

2/14
March 2019

Sunny attends a Carbon Initiative Meeting & tweets the following: "The right way of Blockchain technology roadmap should be from Technical Consensus up to Biz Consensus, up to Governance Consensus. Quite exciting, all the way up to change the world step by step"

3/14
Nov '19

$VET states need for upgrade to PoA 2.0 is a request from a customer (which Sunny can't disclose yet because of a NDA) from a certain industry.

This new customer is expected to create "hundreds of "millions of tx & will require the blockchain to handle 1m tx/day"

4/14
Feb. 21, 2021.

PoA 2.0 is confirmed to be released by end of Q2 (June 2021) by VeChain's Community Operations Director, @noahSH15, and Chief Scientist , @PeterZh47977516.

See image below.

5/14
March 18, 2021

@sunshinelu24 Posts a thread talking about how important decarbonization & becoming carbon neutral is to China. He goes on talking about how #VeChain already has this solution ready to go.

2 wks later, Vechain Foundations proposes vote to reduce tx costs.👀

6/14
April 6 2021

$VET community votes to DRASTICALLY reduce the cost of txs on the #VeChain blockchain, going against most hodler's short-term interest.

Why would foundation need to reduce tx costs (& # of $VTHO) when there is far more $VTHO being produced than used each day?

7/14
April 13, 2021

A week after $VET community votes to reduce tx costs, @sunshinelu24, who's notoriously reserved and conservative in his tweets, tweets the following:

"Carbon is the new oil."

One could believe that he is referring to a carbon emissions trading system.

8/14
May 19, 2021

Chinese state-affiliated media (the only China accounts allowed on Twitter) tweets the national carbon emissions trading system is scheduled to be operation by end of June '21.

This just so happens to coincide w/ release of PoA 2.0, which was client requested

9/14
May 22 - May 31, 2021

#VeChain testnet EXPLODES w/ transactions. Went from a couple thousand txs/day to a couple MILLION txs/day.

What kind of company/govt. could possibly need to test that many txs 3 days after China announces their Carbon System goes live in 1 month?👀

10/14
June 2, 2021

Two weeks after national carbon emissions trading system is expected to go live at end of June announcement, Sunny tweets a very cryptic tweet.

"VeCarbon is smart carbon."

$VET $VTHO

11/14
June 8, 2021

Another Chinese state-owned media account confirms that the National Carbon Emissions Trading System has met the technical requirements to launch by the end of this month.

12/14
So how big is this national carbon trading emissions system (CTES) going to be?

It's expected to involve 2,225 companies & will account for 20% of the carbon emissions in the WORLD. 40% coming from China.

The CTES is expected to be worth $30m this yr & $25b by 2030👀

13/14
I type all of this to say, focus on crypto companies that create actual value.

No token in crypto does this better than $VET #VeChain.

End-of-June-Moon will arrive w/ the heat of a thousand suns.🚀

You've been warned.

If you enjoyed the thread, consider giving me a follow🙏

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