VeThor Token Price

Introduction to VTHO Cryptocurrency

VTHO (VeThor Token) is a token on the VeChain Thor blockchain, the English full name is VeThor Token, also known as the power of Thor. It was issued on July 31, 2018, with an unknown total supply.

Main features:

1. Dual token mechanism: VeChain uses a dual token mechanism, including VET and VTHO cryptocurrencies. VTHO plays a role similar to NEO's GAS in VeChain, generated with each new block of VET at a constant issuance rate.

2. Usage: VTHO is mainly used for executing transfer transactions and smart contract transactions on the VeChain Thor blockchain.

3. Generation: VTHO is generated with each new block of VET, and holders of VET receive VTHO earnings in their wallet.

4. Background: VeChain is a leading global blockchain platform for products and information, dedicated to creating a blockchain solution for a deep integration business ecosystem.

5. Founding team: VeChain's co-founder and CEO is Sunny Lu, who has over 15 years of experience as an IT executive in Fortune 500 multinational companies.