At the beginning of the new year, we would like to attribute our success to our numerous partners and advisors, as well as our community members for standing by our side throughout the entire year of 2019.
With the aim of transparent communication on our achievements in creating tangible economic value, we are excited to present the ninth VeChain Foundation Financial Executive Report. This financial report covers a fruitful quarter from August 2019 through to October 2019.
The first ever All-stakeholders Voting has ended successfully on 10AM December 30, 2019, which has served as the first major step to reach VeChain’s goal of achieving a profound balance between community-based decentralization and enterprise-level execution efficiency.
The 3rd Belt and Road Initiative (BRI) Forum of Tsinghua University, guided by the People’s Government of Shanghai, Tsinghua University and the China Association for Social Workers, has been successfully held in Shanghai from December 19 to 20. (News source from people.cn, a Chinese state owned media)
While the past week has been stressful for the entire VeChain team, it’s also one of the most rewarding experiences for the team. Through dealing with the incident, our team and community became stronger.
December 13, at 8:27 pm Beijing Time, due to human error and the mismanagement of the private key by our staff, the VeChain Foundation buyback address was compromised.