New Collaboration! WeTeam & Vite Collaborate To Enable Multi-Chain DAO Service!

WeTeam
3 min readFeb 9, 2021

We are very excited to announce that our DAO product WeTeam has joined hands with Vite. Based on Vite’s unique DAG structure and smart contracts, WeTeam is now enabled to provide more diversified DAO services for team users.

Vite is a general-purpose platform for decentralized applications. It is designed to support industrial-strength applications by offering high throughput, low latency, and scalability while also providing security. Vite is the first public chain to implement smart contracts within a DAG structure.

The Vite Developer Committee has always been dedicated to providing funding and support to developers, As a DAO product of the Vite ecosystem, WeTeam has received funding from the Committee.

About Weteam

WeTeam is a member motivation and team management tool. based on blockchain technology and particularly aims for companies and groups.

In any region of the world, any company or group with an official website domain name can create a team account at Weteam through an enterprise mailbox, and then formulate an incentive plan for team development and issue team tokens. according to the incentive plan, teams can reward their members who made outstanding contributions in the form of team tokens.

The value of each token is far more than just digital assets, it can be converted to other incentives, such as money, options, vacations, and so on….tokens can also be exchanged within the team and even cross-team.

As a general-purpose platform for decentralized applications, Vite introduces asynchronous sending/receiving of transactions, resulting in fast transaction speeds with transaction confirmation in seconds and low-cost smart contract creation. Compared with other public chains, the transaction speed is fast and there is no handling fee.

Based on the high throughput, low latency, and scalability technology, WeTeam users can select Vite as their basic data chain when creating a team and using the Vite chain to launch their team incentive plans. which including formulate incentive rules, issue team tokens and reward outstanding team members with Vite’s native token—Vite.

Using the Vite Multi-token wallet and decentralized exchange ViteX, team members can conduct safe and convenient vite transactions.

This is the second blockchain WeTeam collaborated after IRISnet, WeTeam aims to partner with more and more amazing platforms in the future to provide team users with the more diversified DAO services.

Feel free to contact WeTeam:

Website: weteam.io

Twitter: @WeTeam18

Email: jupiter@weteam.io

WeChat: Jupiter_CR7

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WeTeam

A new tool based on Blockchain and Smart Contract for new generation of team motivation and organization management