Hello Fellow Steamers,
I was working on my apartments the other day when my Friend Mike Texted me asking if I heard about this New Coin. I said i haven't heard of it. He was telling me it uses the Ethereum Blockchain but didn't really know much about it. He just happen to stumble on this information.
This new coin costs 1 etherum for 30 coins. Without this coin you can't access their network. The new Coin I am talking about it called Veritaserum. Yes that's a mouthful. It just might make your wallet full.
Their are a presale on these coins until tonight or tomorrow. So you gotta act fast. After the Presale is done which It might be. You can still Get %20 off.
http://veritas.veritaseum.com/
Basically in order to get the coins. You have to follow these instructions.
DESCRIPTION OF THE COIN:
Veritaseum is a smart contracts-based, peer-to-peer wallet interface (in beta) that
currently interacts with Bitcoin blockchain (to be ported to Ethereum). It allows non-technical
individuals & entities to quickly create, enter and manage smart contracts directly with others
without an authoritative 3rd party. It was the first of its kind written on a public or private blockchain.
THIS IS THE PROBLEM BEING SOLVED:
Financial institutions that control most global transactions have a
structural deficiency in their business model – overcompensation. Up to 60% of gross revenues are
paid out to employees.
This “structural deficiency” in the financial entity business model is passed as
higher expenses, directly to the consumers of financial products and services. These higher expenses
tend to manifest themselves in manners encompassing more than just greater cost – higher
transaction friction, conflicts of interest, material counterparty and credit risks, etc.
Veritaseum utilizes smart contracts and blockchain technology to enable individuals and
entities to transact directly with each other in a peer-to-peer fashion, with capital escrowed to the
blockchain contingent upon smart contract-enforced, mutually agreed terms. Due to the nature of
these “smart contracts”, the agreements cannot be broken, contracts cannot be breached and
most importantly, each side is forced to deliver under an and all circumstances.
This is done without the highly compensated “staff” of extant financial entities at costs that are dramatically
lower than status quo. Veritaseum is enabling software-driven peer-to-peer capital markets without
brokerages, banks or traditional exchanges.
Veritaseum is a software concern, not a financial concern and no actors on its platform are exposed to its balance sheet in any way, nor does Veritaseum hold, control or have the ability to frustrate access to any participant’s capital.
More information is available on the site provided and this TEAR SHEET.
https://drive.google.com/file/d/0By5WJsM3KjltOGJHYS1HT3Uyczg/view
Also there is a guy Named Reggie Middleton. It is his Brain Child. One thing I know is MOney FOLLOWS MANAGEMENT. He has Proven he can manage.
There you have it. Could be the next big coin. It sounds like it Uses Ethereums smart contract capabilities. This really could be a Game Changer. HAPPY CRYPTO HUNTING.
If you liked upvote or Resteem.
This token has so much potential and will have huge value if it meets expectations. A single Veri token now costs 0.29 ETH on Ether Delta.
yes. I've seen it go up to .75 of eth. It's not even on a main exchange yet. And in order to access the Veritiseum Bots you need a veri Token. This could potentially make these tokens just as valueable or possibly a little more. Time will tell either way it was a good investment. Keep an Eye out for other ICOs that don't cost to much.
Yeppers. Im taking advantage of this platform for sure. Plus by holding tokens you get an interest rate of total transactions done on the network. Its paid in Eth
How can it scale beyond eths 10 tx/limit?
I am not sure. I just know it is using the smart contract, and it is Reggie Middletons Brain Child.