VeChain (VEN) Main Net Launch Set For End Of June

J

John P. Njui

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The second quarter of 2018 will prove to be one of the most exciting times in the Crypto-verse as more and more cryptocurreny projects aim at releasing the Main Net versions of their individual blockchain networks. Tron (TRX) has scheduled its Main Net launch to be on the 31st of May with enough action in the markets to convert a non-believer of the project to a HOLDer.

EOS (EOS) also has its roadmap set at releasing EOSIO 1.0 during the first days of June. Speculation is high that the exact day is the 3rd of June.

And now, VeChain (VEN) has announced that its Main Net shall be launched at the end of June this year. The exact date has not been announced.

The project plans on first releasing a Public Alpha Test that will consist of several reputable third party cyber security and code auditors ranging from private firms to esteemed enterprises. In addition, the VeChain Foundation would like to vet and approve 100 public testers.

From May until early June, VeChain Foundation will be accepting applications for the Public Alpha Test of the VeChainThor Blockchain. The 100 selected participants will have a background in cybersecurity, blockchain development, enterprise software development, enterprise application testing or other suitable experience and skill sets. These participants will receive bounties for their work while working alongside the VeChain Blockchain Core team to provide critical insights on improvements

In early June, the VeChain Foundation will open up the code base to the public and at the same time will begin the Public Beta Test in which all community members can test the blockchain and wallets. The public beta will last until the mainnet launch, which is expected to occur at the end of June.

The timetable towards the launch is as follows:


  • 2017  – Mid April 2018: Development Completed


  • Mid April – Mid May, Alpha 1.0


  • Mid May  – Early June, Alpha 2.0


  • Early June  – End of June, Beta/Public testing, Source Code Open


  • End Of June  – Mainnet Launch

Current market analysis puts VeChain at a value of $5.21 and up 0.89% in 24 hours. However, when analyzing the performance of the token for the last one month, and particular, using its recent lowest value of $2.18 on April 1st this year, we see a tremendous increment. VeChain (VEN) is up 139% since April 1st and is destined for more gains with the Main Net launch.

Some price predictions have put VEN at a level of $75 by the end of the year.

The post VeChain (VEN) Main Net Launch Set For End Of June appeared first on Ethereum World News.

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