![]() We sincerely express our gratitude to our partner Totient Labs that has been diligently contributing to the VeChain Ecosystem by building much-loved tools and services and proposing the idea of VIP191 which was later formalized and developed by the VeChain dev team, and wish the folks within Totient Labs well with their business endeavors. Unfortunately, it is to our surprise that we and the Community had been given a sudden, last-minute short notice by Totient Labs today (20 October, 2019) that they have decided to discontinue their VeForge services including the Explorer and Vault on Monday, 21 October 2019 12:00 PM PDT. Totient Labs was indeed one of our most supported community startups. In addition to that, we have also invited the Totient Labs team to speak as Keynote Speakers on the same stage amongst our partners such as DNV GL and Deloitte, in the inaugural VeChain Summit 2019 in San Francisco to present their business plans and products to professional developers, enterprises as well as connecting them with numerous VCs and investors for their various technical and business projects. Additionally, The Foundation has provided over $100K USD to the Totient team in the form of prizes and bounties (at the date/time of reward, which is more than any other pure reward funding for any projects by the VeChain Foundation).īesides the monetary and financial support provided, products by Totient Labs such as the VeForge Explorer and VeForge Vault has been positioned and spotlighted as the de facto official block explorer and Ledger Integration Interface in various official channels, including but not limited to the official website, technical documentation portal, social media (Twitter, Reddit, Telegram, Facebook), and promoted by our community management team as such. The VeChain Foundation has been supporting Totient Labs with marketing promotion and technical support. Our commitment to the community is evident by VeChain partnering and spotlighting the VeForge Explorer and VeForge Vault for Ledger Wallet developed and maintained by community developer group and startup Totient Labs, rather than using our in-house developed solutions for a public block explorer and Ledger wallet support. We have served over 30 Fortune 500 level enterprise builders, and several community startups as well. As the Enabler in the ecosystem, the VeChain Foundation has been committed to encourage, assist and supplement all of builders to be more successful with their endeavors than if they were to build their startups without the VeChain Foundation. To develop a mature and inclusive public blockchain that aims for mass adoption, we have envisioned an ecosystem that is built by all the stakeholders, including enterprises, government authorities and especially community developers. ![]() ![]() Since the launch of the VeChainThor mainnet on June 30th, 2018, VeChain has continuously emphasized and supported community-based development, consistent with our role as an Enabler in the ecosystem.
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