VeChain, a premier and absolute top-of-the-line blockchain-oriented organization, has completed the first-ever blockchain-based transaction. Inadvertently, this also becomes the first-ever inventory monetization done using NFTs. The blockchain firm has been instrumental in delivering an NFT with an existing market value of 1.5 million euros, which is equivalent to $ 1,558,500.
This has been done with the aim and intention of providing the opportunity to attached companies to be in the position of producing capital and, at the same time, not coming under any form of debt, simply with the act of monetizing the existing inventory on the blockchain. All of these activities being carried out will help in taking the partnership it has formed with Supply@ME to the very next level, giving a boost to the overall impact.
It is also further understood that the two entities VeChain, with the able assistance of @SupplyMECapital, are in the due process of creating fresh capital-raising modules. These, in turn, will come without the debt scenario and help expose the technology’s complete power at the NFTs disposal. According to the CEO of VeChain Foundation, Sunny Lu, they will now be in the position of delivering the second phase of their important merger, which will assist in bringing together the whole of the crypto marketplace into its fold.