The post VeChain’s Evearn App Partners With Smartcar to Reward 30+ EV Brands appeared on BitcoinEthereumNews.com. James Ding Jan 21, 2026 17:19 Evearn and SmartcarThe post VeChain’s Evearn App Partners With Smartcar to Reward 30+ EV Brands appeared on BitcoinEthereumNews.com. James Ding Jan 21, 2026 17:19 Evearn and Smartcar

VeChain’s Evearn App Partners With Smartcar to Reward 30+ EV Brands



James Ding
Jan 21, 2026 17:19

Evearn and Smartcar integration brings B3TR token rewards to electric and hybrid vehicle drivers across Europe and North America via VeChain blockchain.

Evearn, a drive-to-earn application built on VeChain’s VeBetter platform, has partnered with connected vehicle data platform Smartcar to expand its B3TR token rewards program to drivers of more than 30 electric and hybrid vehicle brands across Europe and North America.

The integration allows Evearn users to connect their vehicles through Smartcar’s standardized data interface, which tracks odometer readings to calculate CO₂ savings compared to fuel-powered alternatives. VeChain’s blockchain then records reward allocations based on verified driving data.

How the System Works

Smartcar eliminates the need for additional hardware by providing API access to vehicle data from major automakers. Users grant consent through the Evearn app, which only accesses odometer information—not location or personal data. Each trip generates an on-chain record of emissions saved, with B3TR rewards distributed accordingly.

The B3TR token currently trades at $0.0152 with a market cap of $5.42 million, according to market data from January 21. The token powers VeChain’s broader VeBetter ecosystem, which hit 43 million verified sustainability actions as of January 12.

VeBetter’s Growing App Network

This partnership arrives just days after VeChain named its first VeFounders on January 20—developers selected to run applications within the VeBetter ecosystem. Evearn joins a roster of X-2-Earn apps designed to tokenize positive real-world behavior, from recycling to sustainable transportation.

VeChain reports over 5 million user accounts and 350+ applications on its network. The VeBetterDAO governs token distribution and app onboarding, with reward logic publicly auditable on-chain.

Market Implications

For B3TR holders, the Smartcar deal expands potential token utility by tapping into the EV market across two continents. Whether that translates to meaningful demand depends on driver adoption rates—a metric neither company has disclosed projections for.

The partnership represents VeChain’s continued push into sustainability-focused use cases, though B3TR’s modest trading volume suggests the token hasn’t yet captured significant speculative interest. Drivers interested in the program can access Evearn through the VeWorld wallet on iOS and Android.

Image source: Shutterstock

Source: https://blockchain.news/news/vechain-evearn-smartcar-partnership-ev-rewards

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Institutions Now Control Nearly a Quarter of Available Bitcoin Supply

Institutions Now Control Nearly a Quarter of Available Bitcoin Supply

The post Institutions Now Control Nearly a Quarter of Available Bitcoin Supply appeared on BitcoinEthereumNews.com. Bitcoin 21 September 2025 | 11:00 Fresh figures from BitcoinTreasuries reveal just how concentrated Bitcoin ownership has become among institutions. According to the data, about 3.74 million BTC — nearly 18% of all coins in circulation — are now in the hands of companies, funds, governments, and other organizations. The biggest share belongs to ETFs and publicly listed companies, which have expanded their holdings rapidly since the U.S. approved spot Bitcoin ETFs earlier this year. In total, 332 entities are known to hold reserves: 192 public firms, 44 funds, 68 private companies, 13 governments, 11 DeFi projects, and four major custodians or exchanges. Share of the Available Supply When adjusted for coins that are unlikely to ever move — including the estimated 1.1 million BTC mined by Satoshi Nakamoto and up to 3.7 million that are believed lost — institutional ownership represents closer to 23–25% of the effective supply. Global Distribution The United States leads the pack, with 118 entities reporting Bitcoin reserves. Canada comes next with 43, followed by the UK (21), Japan (12), and Hong Kong (12). Together, these countries dominate the institutional landscape of Bitcoin adoption, both through corporate treasuries and financial products. Growing Influence The sharp increase in institutional ownership coincides with two trends: the arrival of regulated ETFs in major markets and the rise of digital asset treasury firms that manage crypto reserves in the same way corporations handle cash. The shift has accelerated in 2025, further solidifying Bitcoin’s role as a strategic asset in global finance. With nearly a quarter of liquid supply now in institutional hands, Bitcoin’s trajectory is increasingly tied to the strategies of companies, funds, and even governments — raising new questions about how decentralized the ecosystem really is. The information provided in this article is for educational purposes only and…
Share
BitcoinEthereumNews2025/09/21 16:01
XRP bulls brace for key support retest as Bloomberg’s McGlone sounds alarm

XRP bulls brace for key support retest as Bloomberg’s McGlone sounds alarm

XRP hovers on key support as Bloomberg’s McGlone warns of a breakdown while CryptoBull bets on a long consolidation before a major upside breakout. Bloomberg Senior
Share
Crypto.news2026/01/27 18:04
Tourism in Asia is returning, but not in the way it did before

Tourism in Asia is returning, but not in the way it did before

Tourism across Asia is entering a more complex phase. The region is seeing a patchwork of demand shaped by shifting traveler preferences and market segmentation
Share
Bworldonline2026/01/27 16:00