About Veritaseum Ico
Veritaseum Ico is an interactive, digital research vehicle that offers exposures to its vetted research subjects. The research takes advantage of distributed ledger (blockchain) and smart contract technology in that it can be both dynamic and applied. This means the research can and will be actionable by this independent construct in near real time.
VeADIR is ibeing built to be independent from Veritaseum in manner and action. As such, it is being designed to makes decisions separate and apart from Veritaseum or other entities and it must be considered autonomous and sovereign in its actions and existence.
Veritaseum is a highly disruptive revolution in finance, investment and value. It uses blockchain technology, smart contracts and distributed computing to aid industries and entities suffering from high economic rents, undue friction and gross inefficiencies. Describing Veritaseum is actually very simple, but that description is often frustrated by.
At it’s simplest, Veritaseum is the gateway to peer-to-peer capital markets. It allows any two or more individuals to deal directly with each other in transactions of value without reliance on centralized or authoritative third parties. They can do this without concern for typical legacy credit or counter-party risk.
Phenomenal, right? Of course, this begs the question… How is this done? Veritaseum Ico start with how it’s not done. Veritaseum is not a broker, a fund, a bank or an exchange. It is distributed, serverless (stateless) software and a collection of smart contracts ran through the blockchain! To explain what we are, let’s take a quick history lesson
|Price In Ico||12.0000 USD|
|Ico Start||25th Apr 2017|
|Ico End||26th May 2017|
In 1887, twenty-two-year-old Julius Blumberg opened a small two room store at 115 Division Street in New York City’s Lower East Side. This was the birth of Blumberg forms over 125 years ago. Blumberg was the pre-eminent publisher of legal forms, enabling the quick templating and execution of agreements (think power of attorney, leasehold, money purchase agreements, etc.) between two or more parties. Julius determined that legal transactions could be greatly simplified through the use of a form on which common “boilerplate” elements were already printed, consequently the Blumberg Law Form was born. The cutting edge technology of the era, the typewriter, allowed a massive savings in time through efficiency.
Veritaseum bespoke and custom distributed solutions
Veritaseum Ico distributed solutions utilize a very unique approach that is research and analysis-based. They use financial forensics, fundamental and macro analysis and consulting to design various Veritas sub-tokens that may serve very specific purposes.
The Veritas sub-token creation process consists of the following:
- Goals are communicated to the Veritaseum team by the Veritaseum client/customer.
- Veritaseum financial analysts, macro strategists and financial engineers create a financial product and analytical framework that supports the product.
- The financial product is passed to our software developers/engineers to create Veritas sub-tokens (software licenses) that unlock custom smart contracts. These contracts support the business processes and logic of the newly created product.
- The software token is issued directly to the Veritaseum customer for direct P2P transfer or to hold – and/or through the appropriate financial machine, i.e. the VeADIR.
Veritaseum’s products are not dependent on any blockchain because it can be moved to different blockchains. This being said, it will take some engineering effort to port from, and between blockchains. We feel that most new blockchains will be written in such a fashion as to be backward-compatible with Ethereum applications.
What does “Veritize” mean?
Veritize – meaning that an asset is assigned a customized VERI token (think of a wrapper that surrounds the asset and gives it special programmable attributes that can live on, and travel through, the blockchain). For example, you can take the lease on a building, “Veratize” it, and now that lease can trade on digital asset exchanges. This is the process that we are introducing to our exchange partners.
Veritaseum Rental Facility
Veritaseum need it to be perfectly understood that the Veritaseum token rental facility is a vehicle for conducting peer-to-peer, over-the-counter token transactions. It is not an exchange, nor an offer to buy nor sell securities. Now that we have gotten that out of the way, we would like to prepare to introduce the rental app ahead of both the more institutional VeADIR and research offerings (reference Veritaseum Autonomous Distributed Interactive Research (VeADIR)).
How to Offer VERI Tokens
If you would like to offer rental of your VERI tokens navigate to “Offer VERI Tokens” tab and set your VERI deposit by clicking on the “deposit” button in the header. The tokens won’t be transferred to the contract just yet, the value is just an allowance for use in the rental app. You will be asked to sign a transaction in a Metamask dialog window.Alternatively to creating new offer, you can accept existing ones, You can find them in “Get Veri Tokens” tab “Offers” table. To accept an offer click “shopping cart” icon.
Next, fill the form in the right panel which requires you to provide Amount, Price, Duration and Expiration. Expiration is not mandatory, by default your offer never expires but you can cancel it before it is accepted. On the top of the form you can also find the current ratio of VERI to ETH. After you fill the form, press Order to create new Offer.