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VeChainThor (VET) Technical Analysis: New ThorBlock Release Hoping to Generate Bullish Support

VeChain Thor is hanging on to marginal gains today, currently up 0.75% against BTC despite the project announcing a new landmark feature, ThorBlock, this week. This new community pooling feature built on the VeChain blockchain is the result of a partnership between Safe Haven and Arkane Network developers, which sets out to empower regular investors across the entire VeChain community.

Typically, the heavily discounted opportunities offered out in ICO private sales/ pre-sales are exclusively reserved for whale investors with substantial bags, while the average investor is barred from participating until the main public sale. Using ThorBlock however, small investors will now be able to club together for the first time and create fundraising pools which can be used to invest in any presale ICOs launching off the VeChainThor blockchain. Using smart contracts built into this new turnkey solution, each participant can be assured that all ICO presale tokens are distributed fairly, transparently and securely.

This article appeared first on Cryptovest

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