VeChain News: VeBetterDAO Announces Next Phase of GM NFT Unlocks

• VeChain has disclosed the next phase of its GM NFT unlocks as the subsequent four tiers – Venus, Mars, Jupiter, and Saturn are scheduled to be unlocked at a monthly cadence. 
• VeChain is also expected to fully deploy its holistic upgrade to reimagine its tokenomics and deliver VeChainThor to billions of users. 

In a previous update, we examined the introduction of an upgradeable Galaxy Member (GM) NFT system on the VeBetterDAO platform to determine the level of user privileges. According to that report, the GM NFT system was designed to be upgraded through the donation of accrued B3TR tokens to the Treasury.

While the tokens are used to support the ecosystem, VeChain X-Nodes and Economic Nodes would be eligible for higher-tier GM NFTs and B3TR rewards.

Almost a year after the publication, VeChain has announced the next phase of the GM NFT unlocks in a detailed report. According to the post shared on X, the first three tiers of the GM NFTs (Earth, Moon, Mercury) have already been released and were done simultaneously. However, the next four tiers (Venus, Mars, Jupiter, Saturn) would be unlocked at a monthly cadence from February to May. From level 6 (Saturn), GM NFT unlocks would be transitioned to bi-monthly unlocks.

Source: VeChain

Exploring the impacts, we found that this unlock schedule would maintain the unique status of the ecosystem contributors and ensure that their investments are more impactful through greater reward allocation. Additionally, the GM NFT schedule unlocks would offer jaw-dropping opportunities for engagement in 2025 and beyond.

VeBetter’s active engagement model is helping us deliver a tokenized future where digital interactions drive personal and economic impact. Through this dynamic and interactive ecosystem, we’re helping every member of our global community thrive and evolve.

The VeChain Renaissance Upgrade

Amid the backdrop of this, VeChain is expected to reimagine its tokenomics through a technical upgrade called “VeChain Renaissance.” As mentioned in our recent news piece, this holistic upgrade would enable stakeholders to stay ahead of regulatory trends. Through this initiative, the team would deliver a new consensus mechanism, create a developer fund, and revamp staking models.

As part of the goal, VeChain Renaissance would unlock new validator opportunities, enhance greater decentralization, and a modified VTHO Tokenomics. Coupled with this, there would be a delivery of VeChainThor to billions of users.

Our goal is delivering VeChainThor to billions of users, thus, it is imperative we meet the standards of the industry to ensure our network can communicate easily with others. The Ethereum Virtual Machine (EVM) and JSON-RPC are the standards for inter-blockchain communication, and so, alignment is a critical objective.

Some of the expected benefits of this initiative, according to the VeChain report, include integration ease, institutional or enterprise integration, developer adoption, and “going cross-chain.”

Following this release of the GM NFT schedule unlocks, VET added by 4% on the 24-hour price chart and 4.78% on the weekly price chart. According to the market data, VET is currently trading at $0.045 with a market cap of $3.43 billion. As noted in an earlier post, analysts expect VET to surge to $1 by targeting the Fib 1.236, 1.414, and 1.618 in a 4,324% run.