/biz/ - Business & Finance

Forgive me for using this term "boujie" but has anyone ever thought that if Louis Vutton does 42 billion in revenue annually, couldn't something like Vechain have a real use case? All those fucking boujie losers that care about name brand bullshit may be able to pull out their iPhone X and scan a tag or what the fuck ever and prove that their name brand is authentic. In an intrinsically materialistic society, wouldn't people just eat that shit up? Rappers are about to be using their second iPhone to take videos of themselves scanning barcodes to "flex" on all ya'll broke motha fuckas?

This isn't a shill, just looking for a jumping off point of discussion.

Less than a day remains.

X-Node bros report in.

https://medium.com/@vechainofficial/part-1-new-token-issuance-clarifications-regarding-vet-holder-benefits-2ff0b119c19b

>X Node holders will have early access to whitelist on all future VeChain Foundation officially-backed New Token Issuances. This is flexible only to future regulations, compliance and law changes;

>Different X Node tiers will receive different levels of discounts, based on discount levels determined by the issuing team at the time of the token issuance;

>All future VeChain Foundation officially-backed New Token Issuances will be required to take at least 50% of tokens raised in the form of VET;

>Project teams will use raised tokens other than VET first for development and operation expenses, and will use VETs last as VeThor is necessary for their operations;

>If not needed by the foundation for unforeseen critical development purposes, a significant amount of the project’s entity/foundation controlled VET coins will mandated to be locked for 2 years. We anticipate other projects will optionally adopt a similar strategy when issuing tokens on VeChainThor.

Brainlet here. I can kind of understand why supply chain logistics might be a useful application for blockchain. What I can't understand is why supply chain logistics would need random strangers holding "masternodes" full of coins and making fat stacks off it. Can someone fill me in?