On Monday, the VeChain team announced via X that it has partnered with Power Slap to become the Official Title Partner, driving the league to YouTube, and opening up myriad new opportunities for both entities.
The first event of the new partnership, VECHAIN POWER SLAP 12: QUINONES VS. BORDEAUX 2, PRESENTED BY MONSTER ENERGY, will take place Friday, March 7 at Fontainebleau Las Vegas, and will be live streamed live and free to a global audience on Power Slap’s YouTube channel. This will mark the first time a Power Slap event will be streamed live on YouTube.
VeChain has been UFC’s Official Blockchain Partner since 2022. In 2024, UFC and VeChain teamed up to promote the VeBetter ecosystem – a sustainability app platform that uses tokenization and incentives to engage and reward users and businesses, driving a new frontier for mainstream adoption of blockchain technology.
VeChain Thor (VET) is a blockchain with the posited goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VET is down 16% today and is currently trading at $0.02631.