VeChain Enters the Utility Era With Real-World Apps, Staking, and Seamless Onboarding

• VeChain reports 100% network uptime since 2017 and over 530 million on-chain transactions.
• VeBetter lists 5.2 million users, 50+ apps, and 50 million transactions since its June 2024 mainnet launch.

VeChain is developing its ecosystem based on real-life blockchain applications as the market switches to products that have defined utility. In a recent update, the project framed the current phase as a “utility era,” linking network reliability to everyday app experiences and participation tools.

The network reported more than 530 million transactions and 100% uptime since 2017. It also lists more than 350 applications built onchain, showing the network can support consumer apps and developer activity at scale.

A central part of that strategy is VeBetter, a consumer app ecosystem that connects real-world actions to on-chain records and rewards. VeChain data shared in recent ecosystem materials points to more than 50 applications, about 5.2 million users, and close to 50 million transactions since its June 2024 mainnet launch.

VeChain’s approach to utility focuses on repeatable user loops. A user completes a real-world task inside an app, the action is recorded on-chain, and rewards are distributed through the VeBetter system. 

Additionally, VeBetter has expanded its sustainability use cases through a new partnership with 4ocean via the VeBetter-powered Cleanify platform. CNF reported that the VeBetter ecosystem has logged more than 43 million actions, diverted 350,000 kg of plastic, saved 8 million kWh of energy, and conserved 90 million liters of water.

VeChain’s VeWorld and Fee Delegation Target Mainstream Onboarding

Another aspect that VeChain is focusing on is onboarding design, making it less complex for users who are not technical. VeWorld is the primary access point to manage the assets, browse VeBetter apps and have access to staking features in a single interface. 

The project has adopted fee delegation support in VeWorld to cope with the complexity of transaction fees. The feature enables sponsoring transaction costs, and thus the user can use the applications without dealing with fees at each step.

On the participation side, VeChain is promoting StarGate as its staking route for VET holders. StarGate enables users to stake VET and earn VTHO rewards while also supporting delegation through an on-chain NFT structure. VeChain positions this model as a direct path for holders to take part in network security and ongoing ecosystem alignment.

VeWorld integrates this flow by letting users view staking details and related NFTs inside the same app used for everyday ecosystem access. 

Moreover, CNF recently reported that Wattly rewards users with tokens for reducing device use by tracking screen-time behavior on the VeChainThor network. 

VET dipped over 1% to $0.01012, with $22 million in 24-hour trading volume and a market cap of about $861 million.