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Vitalik, Investor in VeChain

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16 points · 5 months ago · edited 5 months ago

Your name is Dr. Feng Xiao. Your name is Bo Shen. Your name is Vitalik Buterin. And you think you might want to work together. ... A few days later, the threesome had sketched the broad outlines of what was to become Fenbushi Capital, a $50 million for-profit venture capital fund dedicated to supporting startups across the blockchain world. (Fenbushi translates as “distributed” in Mandarin.)

a non-profit called Blockchain Labs, was co-founded by Buterin, BitShares co-founder Bo Shen and Feng Xiao - VeChain receives investment from Fenbushi Capital - announcement of Wanxiang "blockchain research institute" by Buterin himself on Ethereum blog

So.. How it's even possible that Vitalik was not involved (and yes, i read his answer on Reddit), if he is:

a) a co-founder of Fenbushi Capital (both according to their website and different news articles) and it's non-profit affiliate, Wanxiang Blockchain Labs

b) Fenbushi Capital invested in VeChain


2 points · 5 months ago · edited 5 months ago

Don't understand - why people are downvoting this?

I just quoted different sources of information and posed a question. If you have another information, feel free to comment. Let's have an open discussion.

Moderator of r/Vechain, speaking officially35 points · 5 months ago · edited 5 months ago

Websites Confirmed as Authentic, however Vitalik was an advisor, not an investor.

It is! Sweeeet :)

They lied. Thread just got deleted in /r/cryptocurrency after Vitalik responded saying it's false.

Original Poster5 points · 5 months ago

OP here. I deleted it myself. Apparently he was not an investor, just an advisor (as per AMA and whitepaper)

4 points · 5 months ago

Also not advisor as per vitalik as seen in the linked response

No he's not an investor why don't u link to the thread, oh wait u deleted it.

Original Poster5 points · 5 months ago


20 points · 5 months ago · edited 5 months ago

"Know almost nothing what Vechain is" yet he's an investor? Even says "invested nothing into to them and am not an advisor"" he's not an advisor

Call me a shill, downvote me. But this entire thread is a falsehood, Vitalik is neither a investor or advisor. At least have some dignity and don't spread false information.

Lmao at the downvotes for linking to vitaliks reddit comment SEVEN HOURS AGO on /r/cryptocurrency saying that he does not know much about Vechain. Jesus for a solid project this is a cancerous subreddit.

they call people clowns, meanwhile their project is claiming people are advisors when they aren’t at all..what a god damn joke.

I never even shilled Walton or spread FUD, just the truth. Yet I'm called a shill and downvoted.

Character assassination is cancer.

Another Walton shill...

Lol, I'm invested in Vechain. It's a good project. The fact that there are a dozen people in this thread that will blindly ignore those quoting Vitalik's reddit comment himself when he says he is not familiar with VeChain, and go on to claim that he is an investor- scratch that, an ADVISOR. And I'm the shill lmao. Continue contributing to the cancerous attitude that will keep people from taking this subreddit seriously, idiot.

He is a GP of Fenbushi, which consists of 3 people. As for why he denies it? I don't want to go into conspiracy theories.

Original Poster-1 points · 5 months ago

Get your walton shill ass out of here

GTFO clown

For sure, the bullshit Facebook page then this and also that “conversation” now with sunny. People are reaching, it’s muddying the water.

Original Poster3 points · 5 months ago

Convo with sunny is real

I hope it is, I’m waiting for the relaunch.

Are you dumb and can't read? He just said he's an advisor (as per AMA and whitepaper).

Vitalik himself never said anything. All the advisor part has been on vechain's end. And if he really did advise vechain in the past, how does he know almost nothing about it?

Original Poster0 points · 5 months ago

Possibly lying. Bo Shen (Shen Bo) is on the advisory board of VeChain

Jeez man, an advisor. Keep your fuckin pants on clown lol

Read Vitaliks comment where he also says he's not an advisor either.

Original Poster-1 points · 5 months ago

learn english. WAS

The guy’s so deep up Vitalik’s ass he can’t hear ya’ lol

If vitalik says he knows almost nothing about vechain, how exactly did he advise vechain in the past? I get that it was back in 2015 but you have to wonder exactly what his role was.

Vitalik isn't exactly known for his self-control on social media

2 points · 5 months ago

he's just salty about that shitty wtc wallet

Haha yes, that shit WTC wallet is golden lol

He just said in the other thread in /r/cryptocurrency that he hasn't invested anything in VeChain and doesn't know much about it. Please let's not make the same mistakes as the IOTA community.

Thanks, I see his comment and agree with you

There was a post earlier here saying vitalik supported them on Facebook but when I checked the Facebook account it was fake.

Idk I think this coin has a lot of potential but this shady stuff is starting to worry me. Hopefully, it’s not caused by the actual Vechain team. I’m guessing if Vitalik did have a part, they would announce it themselves.

You and me both, the fact people are falling for it makes me think those people are in on it lol. I’d imagine they’d announce anything real big it’d be with the relaunch

he hasn't invested anything in VeChain and doesn't know much about it

Isn't he a co-founder on Fenbushi Capital? They invested in VeChain.

"In the whole process of evolving, our technical team got many supports from lots of great leaders, like the founder of the Ethereum- Vitalik...We feel grateful and appreciate of your open mind and the passion to the technology innovation" —— VeChain Development Plan

I'm super confused.

These are some heavily credible sites too

5 points · 5 months ago · edited 5 months ago

You posted the same thread on /r/cryptocurrency, /u/vbuterin was pinged and confirmed he has no affiliation with VeChain, you deleted the thread on /r/cryptocurrency but left the one on /r/vechain

Here is the link to his reply -

Oh shit. I think we're about to get the gainz train of profits. Vitalik helping out VeChain as General Partner of Fenbushi Capital?

Looks legit!

If we can get him in a picture with Sunny wearing a VeChain shirt? OMG both the crypto and the state of mind hahah

did Fenbushi invest in Vechain?

Dude, read the bottom part of the post

Yes, of course Fenbushi did.

The universe invests in vet... Price doesn't give a shit.

Please remove this post; it's misleading.

Old news. It was already known that vitalik was an advisor of vechain. It’s stated in their whitepaper.


Original Poster2 points · 5 months ago

Hi, I'm a bot for linking direct images of albums with only 1 image

Source | Why? | Creator | ignoreme | deletthis

4 points · 5 months ago

I'm getting sick of the people spreading wrong things. Like with the covca cola thing yesterday. This is only bad for the reputation of vechain

OP, please delete this post

I'm a bot, bleep, bloop. Someone has linked to this thread from another place on reddit:

 If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. (Info / ^Contact)

Why is this still not deleted. Doing nothing but hurting vechain's reputation.

WTC shill...

What is vitaliks official reddit? I saw a post from an account "vbuterin" saying he is neither investor/ advisor

That is vitalik. And just like that i am not interested in vechain anymore. Liars

This post should get deleted, it’s inaccurate and misleading.

LieChain does it again!

Original Poster1 point · 5 months ago

Who do you think led Vitalik around China in 2015? Shenbo.

doesnt matter cuz the whales are just holding it back :/

Comment deleted5 months ago(2 children)


They're going all in.

Vechain doesnt need fake stuff in an IOTA style.

Original Poster1 point · 5 months ago

When Vitalik visited China in 2015, he was led around by his partner at Fenbushi, Shen Bo. Shenbo is on the advisory board for VeChain. Vitalik likes to stay neutral and doesn't take sides on specific coins. He knows plenty about VeChain but he needs to maintain his image. Vitalik is a young guy and he doesn't have a PR team. His comment is a forgivable mistake.

Original Poster1 point · 4 months ago

Yes this was before he left. Also from your article.

Note: Article updated to add that Buterin will remain an advisor to Fenbushi

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