VeThor Token Profile (VTHO)
Project Safety Score
Tue, Oct 19, 2021 4:41 PM
VeChain is also a dual token system consisting of VeChain Token (VET) and VeThor Token (THOR). Network users are rewarded with the latter when they hold the former, which is also the case with NEO & GAS. The VeChain Token can be used to deploy applications on the platform where as VeThor can be used to pay for applications and other transactions over the network. VeChain claims that this economic model is better suited for enterprises than the one in other blockchains, such as Ethereum and Bitcoin, where higher usage drives the cost of the utility token and subsequently the cost of deploying and operations in the protocol. In an official blog post earlier this year, the foundation announced it’s “grand aspirations to make financial services sector one of the main focuses on our development plan”. They also announced their partnership with a property mortgage loan provider Fanghuwang.com, a subsidiary of Beijing Baisheng Technology Co., Ltd. They also reported partnerships with BMW, Groupe Renault, and DNV GL. Until now, VeChain has existed in the form of an ERC-20 token on the Ethereum blockchain. In an announcement detailing the roadmap moving forward, the foundation stated that they would engage in negotiations with exchanges to perform the token swap to become an independent network. The roadmap also detailed plans to launch a mobile wallet and ledger integration.
Read more in the whitepaper:
VeThor Token Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
VeThor Token Safety Report
VeThor Token has a safety score of 4.9
VeThor Token is a small cap coin.
VeThor Token is suited to a adventurous investment style.
VeThor Token Profile
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- project team
- bitcointalk thread
- tradingview profile
VeThor Token Red Flags
There are currently no VeThor Token red flags.
VeThor Token Development Score
The VeThor Token project has 45 active source code repositories.
The most recent commit was Mon, Oct 18, 2021 3:37 AM
- 467 Watchers
- 1250 Stars
- 256 Mentionable Users
- 0 Vulnerabilities
- 18 commits in the last 28 days.
- extremely high stars
- extremely high repo stars
- daily repo updates
- below average watchers
- very low mentionable users
VeThor Token Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about VeThor Token. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
- The overall sentiment is very low
VeThor Token Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on VeThor Token?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall VeThor Token has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high reddit articles
- extremely high hashtag tweets
- extremely high gitHub account watchers
- no search result count
VeThor Token Awareness Score
The awareness score indicates how well VeThor Token is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the VeThor Token is but a good measure of longevity is how well the project is known by the general public.
Overall VeThor Token this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- no search result total
- no news articles mentioning VeThor Token
- no news articles directly about VeThor Token
VeThor Token Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Good project age (released Jul 30, 2018)
VeThor Token Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- average USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
VeThor Token Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
Some missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
- tradingview profile