Crypto Asset VeChain Surges 33% After New Partnership Revealed

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Crypto Asset VeChain saw a 33% jump in value shortly after an announcement that its Thor blockchain will be utilized to power the revival of a classic choose-your-own-adventure gamebook series.

The Way of the Tiger, a ninja/fantasy gamebook series originally published in the 1980s, plans to use the Crypto Asset VeChain Thor blockchain platform for the new game’s cards and items, according to a press release from one of the book’s original co-authors, Jamie Thompson.

Crypto Asset VeChain native value token, VET, jumped from around $0.00590 up to about $0.00789, a roughly 33% increase. It’s currently trading at $0.007149, according to CoinMarketCap at time of writing.

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Thompson highlights the team’s experience from game publisher Eidos, video game series Fable and tech giant Microsoft.

“What happens when you combine a team from Eidos, Fable and Microsoft to revive a best-selling game book using the latest trend of technology? Rumors are we’ll certainly find out.”

In a tweet from The Way of the Tiger, reps clarify that Microsoft isn’t involved on a company level. Instead, one of the game’s team members is a Microsoft developer.

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Blockchain technology allows users to track transactions, verify data, record ownership, authenticate the provenance of digital assets and eliminate fakes and forgeries. Designed for enterprise solutions, VeChain Thor also enables a list of features including multi-party payments and multi-task transactions.

Thompson, the CEO of the new brand, says VeChain will add a novel element to his game series.

“It felt like the right time. We were going to relaunch the series into a computer game format but this new technology (blockchain), just made more sense.

Imagine playing Magic the Gathering but knowing if you owned a card, it really does belong to you. Or if we say there are only 100 editions of an item or skill, you know there really are only 100 editions.”

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