Statement by VeChain Foundation Regarding FUSION Project

Recently, the VeChain Foundation was informed by some of our community members that the Project called FUSION has been claiming that they are related to the VeChain Foundation, which is causing a lot confusion. Therefore, we feel it is imperative to make it clear that the VeChain Foundation including all VeChain team members are in no way associated with the FUSION project or its team members in any form such as investment, partnership, collaboration.

The VeChain project was started and always been led and operated by Sunny Lu. The VeChain project was then spun off legally and operationally and ran by the VeChain Foundation which then selected Sunny Lu as the General Secretary to continue leading the project. The current VeChain project development plan and the VeChain community was single-handedly created by VeChain Foundation team, lead by Sunny Lu. We DO NOT allow the FUSION project or its founder DJ Qian to use the name of VeChain in any of its marketing or token sale.

Since Sunny took the General Secretary role of the VeChain Foundation, we brought on PwC and DNV GL as strategic partners to help transition its currently functioning blockchain with paid customers into a public blockchain platform for qualified dApps.

We want to reiterate that the VeChain Foundation is committed to promoting the transparency in the project development, governance, community development. Under the guidance of our strategic partners, we always take transparency, legal and regulatory compliance as the first priority. Please DO NOT rely on the information on any channels other than the following:

  1. VeChain website: www.vechain.com
  2. VeChain official twitter: @vechainofficial
  3. VeChain weibo: @唯链基金会_VeChainFoundation
  4. VeChain official wechat account: 唯链VeChainFoundation

Please always check the official channels for the latest updates. If you find any suspicious information that claims to be related to the VeChain project. Please send email to press@vechain.com.

Thanks for your continuous support for the VeChain project !

VeChain Foundation

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