There is an ICO that nobody talks about...

in cryptocurrency •  7 years ago  (edited)

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Veritaseum token

Just another Ethereum ERC20 token? This time it's a bit more complicated. If you look at their website your first impression would be technical backwardness. It's quite true because they are financial experts and they focus on details like solid legal and analytic background and product itself. After all the software Is a secondary thing that is being created anyway. It's not the software which attracts financial world in this case, otherwise it's mainly a geek thing.

It's an attempt to decentralize the financial world to avoid middleman in financial services. Veritaserum will serve as a trading platform for stocks, foreign exchange, commodities with low commissions (It worked before as a physical platform but because of legal threats they decided to move it into bitcoin blockchain and now finally into Ethereum ecosystem). But mainly it will be focused on providing professional financial analysis not only for traditional assets but for cryptocurrencies as well, by a group of financial pros. Their services will be offered for private investors only in exchange for those tokens.

They are aiming for bigger fish and fast adaptation by financial markets so even their bitcointalk ANN thread is not really important for them as it attracts smaller investors.

But in my opinion this ICO has GREAT perspectives to bring us great profits. There is more attention in traditional financial world than crypto so most of the crypto folks gonna find out about the token from the financial media or coindesk, when it will be already traded on exchanges.

Plus they are working quiet, not spamming facebook and Google with BUY OUR ICO and just doing their thing. That is why I choose to invest in a ,,humble" projects and they never disappoint me. And they've collected only 1 177 000 USD so far:
https://etherscan.io/address/0x599a4b8188676224d4c9b393b947e332b60b15e3

I am never telling people to buy just to point where they should look for opportunities: https://blog.veritaseum.com/

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Tutorial how to buy:

The address of the TokenPurchase is at: 0x599a4b8188676224d4c9b393b947e332b60b15e3
The source code of the TokenPurchase can be found at:
https://github.com/RFVenter/Veritaseum/blob/master/contracts/TokenPurchase.sol
To purchase Veritas, go to the “Contracts” menu in MyEtherWallet as shown below.

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Set the selections as shown below...

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Click on the Interact with Contract tab at the top of the page. Enter Contract address 0x599a4b8188676224d4c9b393b947e332b60b15e3.
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Copy and paste the TokenPurchase ABI code from the box below:


[{"constant":false,"inputs":[],"name":"purchaseTokens","outputs":[{"name":"","type":"uint256"}],"payable":true,"type":"function"},{"constant":true,"inputs":[],"name":"startTime","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"closeTime","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"owner","outputs":[{"name":"","type":"address"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"price","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"}]


If the site asks you again, then enter your private key again and Unlock.

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Click WRITE

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To exchange Ether for VERI tokens you simply have to send the amount of Ether you wish to convert to VERI tokens, to the TokenPurchase smart contract. The smart contract will automatically allocate your tokens to your Ethereum address.

Increase the Gas Limit to about 80,000 and Click Generate Transaction

Next you will want to go to your Ethereum account and see your VERI tokens. Click on the View Wallet Info tab and enter your private key again, if the site asks you for it.
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Click Add Custom Token and enter the address (0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374) of VeritaseumToken into the Address box, VERI into the Token Symbol box, and 18 into the Decimals box and Save

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You will now be able to see VERI tokens for any and each Ethereum account that you may have.

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More on their website: https://blog.veritaseum.com/buy-veritas-tokens

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Tested 400 yesterday, and now 277. Wish I had seen this writeup before now. Etherdelta is kinda complicated.

Great infos, upvote and follow from me

Thank you, followed back.

Thanks, followed back.

same here, I will get some veri tokens , thanks

yep mate i seen this a few weeks ago Reggie Middleton i think is the name behind it.......i think ill pick some up i believe 1 ethereum gets you 30 tokins i wasent sure of the address though ....cheers

Yes it's him!

yep thought so cool thanks mate :))

No prob. Followed.

I totally agree this one is under the radar for sure. I am in and cant believe more people haven't bought into this one. Only a million invested...oh well at least I have my tokens

Now almost 2 :)

Did you do the auto method or the manual method? I did the manual and still haven't received my tokens..that being said I did it Friday Night.

I used myetherwallet to purchase them and got them in minutes

I bought Clif High's $99 Crypto Report in early May. It has a special section JUST for Veritaseum.

He states "shorter term sets are showing for an 'explosive growth' period this year in early Summer and into Fall."

I haven't seen Veritaseum advertised much except on CoinTelegraph.com and for Clif High to mention it, this must be the real deal.

Thanks for the heads up. I strongly believe buying this project was a wise move.

I also invested in VERI. I'm just bummed that I didn't get to invest before May when ETH was in the 50s and could have bought more ETH. Reggie's blog shows for every 1 ETH he gives 30 VERI tokens.

It looks good. If I change my mind and want to sell my position though, can they easily be converted back into ETH or another cryptocurrency?

Yes. EthDelta decentralized exchange, but yuo don't want to sell the golden ticket lol