The VeFounder Program has been launched by VeChain providing Web3 developers with the opportunity to take operational control and eventual ownership of ready made dApps. This initiative is designed to accelerate innovation and empower developers within the Web3 ecosystem.
According to a press release, the VeFounder Program is a collaboration between VeChain, a prominent layer 1 blockchain focused on real world applications and the Boston Consulting Group. The Program merges VeChain’s robust blockchain infrastructure with BCG’s business and strategic expertise creating a unique pathway for Web3 developers to manage and ultimately own dApps.
Once a dApp reaches 100,000 users, participants in the Program gain full ownership including intellectual property rights and access to the dApp’s treasury.
The Program also provides developers with essential technical tools, operational guidance and B3TR token rewards. These rewards are distributed based on user engagement and performance further incentivizing growth and innovation within the Program.
Sunny Lu, CEO of VeChain, made an emphasis on the transformative nature of the Program, he said :
“The VeFounder Program will redefine what it means to be a Web3 builder. Founders can lay hold on the reins of real working dApps with proven utility, active users and the full backing of our ecosystem.”
VeFounder Program Launches with Three Live dApps
The Program debuts with three live dApps each addressing significant real world challenges such as:
- TrashDash: a decentralized application that is designed to incentivize sustainable behavior allowing users to earn B3TR tokens by submitting verifiable photo proof of recycling and composting activities. TrashDash is part of the VeFounder Program’s commitment to sustainability.
- BiteGram: Through the VeFounder Program, BiteGram offers nutrition insights and incentivizes users to upload photos of healthy meals in exchange for token rewards promoting healthier lifestyles.
- Bye Bye Bites: Bye Bye Bites included in the VeFounder Program helps reduce food waste by rewarding consumers for purchasing nearly expired grocery items that would otherwise be discarded.
VeFounder Program Application Portal Now Open
The application portal is now open inviting developers and teams to participate. By joining the Program, developers can take control of these innovative dApps, expand their user base and benefit from the combined support of VeChain and BCG.
The Program stands as a significant step forward for Web3 development offering a unique blend of operational autonomy, ownership potential and ecosystem support. With the VeFounder Program, VeChain and BCG are setting a new standard for empowering developers and driving real world blockchain adoption.