I'm looking into this. I just bought my first Ethereum minutes ago.
I don't understand one thing though, how can these Veritaseum tokens go up any more than the price of Ethereium itself.
Their website says:
One VERI Token costs 0.03333333333 Ether, so for one Ether you get 30 VERI Tokens
Which makes it sounds like the price of the token will follow Ethereium up or down exactly the same.
That is just the initial coin offering (ICO) price. After that it is it's own currency that is just traded IN and OUT of the system via Ethereum.
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ethancaine, any info on what exchange it could be traded on? They send the tokens to the same ERC20 compliant wallet the ETH was send from... then what?
I followed you... follow me back if its not too much trouble... ;)
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He didn't say but I imagine it will get picked up by a number of them. People are going to want in on this thing.
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Do you know the date of the launch of veritaseum coin ? I heard about July 25, can anyone confim it ? Thanks
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That has me wondering as well... considering the offering is 100 M tokens, and at 0.033333 ETH, that means 30 tokens per ETH, the ICO values Veritaseum at $600 M with the price of ETH at $180... Already quite frothy... Since I bought some with $180 ETH... each token would need to exceed $6 for me to make any profit... When the token first went of sale, ETH was around $50, so early birds are certainly in a better place to reap rewards, if any...
But what the hell, I got some anyway.... FOMO I guess :)
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I got some too. Hopefully it pay off.
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Did you do the automated method or the manual method where you just send ETH and they send you back VERI manually? Have you received your tokens yet?
I am still waiting and Reggie says he needs up to 96 Business hours to complete my trade...I'm like..."Hang on thats like 12 BUSINESS days or even 3 weeks"
They better have it to me this week.
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I did the manual method. It was super quick as they showed up in about a minute and I didn't think that it was very hard. I made my first purchase small though, in case I messed up somehow.
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That's a smart idea that everyone should practice, send a small amount and make sure it goes through before attempting any large transactions.
It's been a few months since your post, how do you feel about the project these days??
I've only just begun some research on it, actually watching some video about Reggie Middleton right now lol...
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UPDATE: I got my Veri tokens with a nice email that said "Thank you VERI much." LOL
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Hello everyone also bought a few tokens based on the report. I purchased my tokens in two seprate buys using two separate contracts across a two day period on myetherwallet. Today the tokens are not showing inside my wallet account when I open it. However they are showing on Ethplorer.
Is this normal and has it also happened to everyone else or is there a problem I need to look into asap? Thanks.
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Ok please ignore this I have now got the tokens showing on my account. If anyone else is having the same problem here is how to solve it.
You can now send that token as well as see it's balance in the sidebar.
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Thx VERI much for the update lol
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