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We have made great strides in our development so far. We are planning to bring you up to date in another post, but the most interesting aspect for our community is that we are once again offering ETH and VTY rewards in our events. In case anyone who has not familiarized themselves with Verity is interested, you can participate in these events by voting based on the instructions of the particular task. If your vote is identical to that of the majority of the voters (i.e. correct), you are then placed in consensus and rewarded. We currently distribute rewards on a weekly basis (around 6 ETH and 60,000 VTY), but once on the main net users will be able to withdraw their rewards directly from the smart contract. So if you are interested or just want to try out the platform, you are welcome and it's completely free. Metamask is the only required component as you need to request free Ropsten ETH from the faucets, but other steps are pretty straightforward. The path to a decentralized oracle is progressing smoothly so far!


Indeed it was Eustace. We were so busy with our development and launch of our platform, which achieved great steps towards our main net goal that we are finally catching a breather. We will keep everyone updated here from now on as well.

Indeed, a massive congratulations to our community is in order. Our community members are even better code-breakers than we initially thought, as they cracked all three of Dr Enigma's ciphers in a matter of hours and even the expert code, the one we've estimated to be cracked at least a day after it was published, was cracked open in less than three hours. We will be adding the answers and the methods on how to crack each level in our blog in a few hours. This challenge was a prelude to the Original Crypto event tomorrow, where prominent blockchain speakers from Slovenia will host an open table after Dr. Enigma's presentation on the history and human stories behind the Enigma machine. All the original tickets have since been sold, so we added additional 15 more tickets for all the late birds, so don't miss the opportunity to get the hands on the original Enigma machine for everyone to test and play with! The Eventbrite page can be reached here.

Verity team also accepted and engaged in the challenge from our friends at betbox. We took some time off on Tuesday to train and build the human pyramid and the bet ratio on Alpha betbox was also more than encouraging, so we knew we could do it. It took some work but we finally managed to do it!


The results of Betbox - Verity human pyramid challenge Alpha event were also conclusive! Out of 135 participants, the vast majority of 97% voted true! According to our Alpha community, Verity was successful in completing the human pyramid as well. The rewards will be distributed manually on the main net over the coming days, as this event was still on Ropsten test network. The results were automatically forwarded to betbox for them to determine the bet result and distribute it to all bet winners.


In other news, we've also opened up 40 spots for an online taxonomy evaluation study. As Verity needs feedback on all to-be-released features and platforms, we have sent an email to all our early supporters and MDP & PVN members. Up till now, we've received more than a 100 applications and after evaluation and forming a representative sample of applicants, we will inform all successful entrants. You can still apply in the form provided here. We are also having a Media day at the office in Ljubljana today, with journalists from several of media houses attending our office. We will continue providing behind the scenes content of media day, so make sure to check out our Instagram and check out the stories inside Verity!

In anticipation of our ‘Original Crypto’ evening in Ljubljana on September 27th, we’re giving away up to 380,000 VTY tokens to anyone who can crack our codes! Dr. Enigma — world expert and speaker on the Enigma machine has enciphered three sentences using well-known encoding techniques, and Verity challenges you to crack the codes! Instructions along with the codes are posted in our blog. Competition closes on Friday 28th Sep 2018, 1pm (CEST).

Due to the extreme and positive engagement in our Telegram community, most of the levels have already been cracked. That's why we will be adding an extremely hard level by tomorrow noon, which will take a lot more time and skill to crack! Current statistics:
Easy level: 50/50 correct answers CLOSED
Medium level: 30/30 correct answers CLOSED
Hard level: 10/10 correct answers CLOSED

Meanwhile, the betbox - Verity human pyramid challenge continues. The Alpha betbox test bet is now closed with 192 Ropsten ETH and 75 participants in the smart contract with the ratio of 1:4. The proverbial ball, and the challenge, is now in our courtyard! We will post the results of our human pyramid on our Twitter before Wednesday's event. The Alpha event registration on Verity is now accessible to all MDP participants! The goal of the event is to report whether Verity team was successful in building the human pyramid with at least ten people. The event starts on Wednesday at 13:00 GMT +2. We are also running some internal tests and need some feedback from our trusted community, so all Master Data Providers (MDP) and Prime Validation Nodes (PVN) participants will receive an email in the coming days with more information on how they can help.

Last week, we successfully introduced the second Verity Dev Grant winner: betbox. Betbox is a decentralized application that allows you to place bets on personal challenges, private events, public events, and lottery games. The CEO of betbox, Stefan Godly, was introduced to Verity at ICO Race in Lugano in June, where they recognized the value of decentralized oracles as the missing links between the blockchain and the real world as one of key components of their platform. We published a short interview with Stefan in our blog.


In light of our collaboration with betbox and the launching of their Alpha product, the Verity team has been challenged by betbox to perform a 10-person human pyramid in a 2-part event. The bet is now open on https://alpha.betbox.app/ and it allows you to bet whether we will or not be able to meet their challenge. It closes on 24th September at 13:00 GMT+2, so make sure to make your bet until then! For more information on how to participate in the bet and their rules visit their betbox blog. The second part will be an exclusive Master Data Providers (MDP) Verity Alpha event in order to confirm or deny our success in the human pyramid challenge. It will take place on Wednesday, 26th September, with sign-ups opening after 13:00 GMT+2.

Time: Wednesday (September 26th at 13:00 CEST)
Join here: https://alpha.verity.network/events/2001
Reward: 150.000 VTY and 50.000 OX tokens

In other news, the first batch of our Master Data Providers tokens have now been unlocked. Tier 3 participants can now withdraw VTY tokens directly via our Verity Dashboard. The next two batches will be unlocked in October 10th and November 14th, respectively.

The platform is envisioned as a free market where natural competition takes place, so prices and all underlying fees are directly tied to the supply and demand ratios. The beta stage to which we are now transitioning should give us a clearer view on the market prices, but ultimately it depends on the number of participants and developers in the platform and the competition between them. Your example specifically utilizes boolean data type, so it should be relatively cheaper than other types, but the consensus of 200 may be a little big, considering the default consensus ratio of 2/3 means there should be at least 300 participants in your event (which will be one of the main factors of determining event reward).


VTY tokens are now present on a few exchanges where you can buy it directly without any minimum purchasing limits.   

Last week, we have launched our interview series #InsideVerity. The first interview was conducted with our Co-founder and Chief Developer Luka Perović. He shares his thoughts about blockchain, the future of crypto, life in Slovenia, and some other titbits which you'll have to read to find out!

Verity will also be hosting a special, one-off event 'Original Crypto' in Ljubljana. From Hacking the Enigma Machine, to Breaking the Blockchain, join us for an evening of exploration into old-skool code-cracking and new age crypto-hacking. Plus the chance to play with an original, wartime Enigma Machine.

In his first ever appearance in Slovenia, Dr Mark ‘Enigma’ Baldwin, a world expert and professional speaker on the Enigma machine will be appearing as part of the Original Crypto event created by Verity. The evening will be animated with the technical aspects and the human story on the cracking of the Nazi Enigma codes. The demonstration will be accompanied with the rare chance of a live demo of the original Enigma Machine, you will be able to play with the real thing!

The evening will also feature a panel discussion with Martin Mikeln, co-founder of Verity, alongside Miha Vidmar (Iconomi CTO), Luka Pušić (Tokens.net - Information Security) and Peter Trček, the cofounder of Bitnik and President of Blockchain Think Thank Slovenia, as they discuss blockchain privacy, security and safety of the decentralized future. Will blockchain be bigger than .com? This will be an opportunity to meet some of Verity team members as well, so make sure you join us for a fascinating blend of old-skool cryptography and new-school cryptocurrency. Complimentary drink and nibbles provided. For more info and registration (spaces are limited!) visit Eventbrite event page.

Where and When?
Venue: Sputnik Kavarna, Ljubljana, Slovenia
When: 18:00–21:30, Thursday, 27 September 2018

Hey everyone! Just wanted to remind you that our Exclusive Early Access Programs will close down today at 12:00 GMT (2 hours left!). Both programs are still open at our Verity Dashboard. We have also released Verity Validation Node Guide FAQ for those interested in running a validation node, general specifics and requirements.

We are also proud to be finalists on the national level of the CESA awards in 3 different categories - please vote for us and help us spread the word! Public voting also ends today, on 31st of August, so cast your vote for Verity (formerly Eventum)!

Best Blockchain Start-up of the Year: https://goo.gl/GYGzi7
Best newcomer of the Year: https://goo.gl/y7D5sR -
Start-up of the Year: https://goo.gl/YLo3JB

Full technical details and instructions are forthcoming, but hosting it on a server is preferable to running it on PC due to reliability (power, internet shortages...). It has to have at least 23h uptime each day for validation node to keep its status as such.


VRTY is not our token, VerityToken has a VTY symbol. If you aren't sure in the future about whether or not a traded instrument is our token or not, you can verify it via our VTY smart contract.


Thanks, we're doing our best. There's more news to come, so stay tuned. 

Today is the big day! Verity (VTY) tokens launch will commence today! We're super excited to say that over the next 48 hours, VTY tokens will be distributed to all holders. As we are on the verge of releasing the Verity (previously Eventum) tokens to the world, we are already looking ahead to our primary goal, releasing the Beta version which includes two major developments and special programs that you are welcome to join — the Master Data Provider Program, and the Prime Validation Node Program.




Being part of the first program, you will be invited to participate in exclusive events and pilot projects being run in cooperation with our partners and DEV grant winners. The second program is to provide every Alpha member of our community with the chance to run their own validation nodes. The next milestone along our road to a fully decentralized oracle system will be even bigger — releasing validation nodes to the world, meaning that anybody will be able to support the network, making it more secure and faster as well as receive compensation for the work that is being done by the node.

You may read in more detail about both our programs on the link below:
Announcing: Master Data Providers — Get Early Access
Announcing: Verity Prime Validation Nodes — Get Early Access

We are very excited to announce that Eventum will hold its TGE (Token Generation Event) under our new name ‘Verity’ (VTY) on Thursday, 16th August 2018!  It’s been a fascinating and productive 12 months for Team Eventum. We’ve taken an idea and turned it into a working, tested prototype: Eventum Alpha. We’ve run dozens of successful experiments, learning and refining our MVP. We’ve traveled to Silicon Valley, New York, Tokyo, Amsterdam, Budapest, Zurich, Seoul, Singapore and more to promote the project. We described our TGE and reasoning behind rebranding at greater detail in our blog post that can be reached here and here.

We’ve built a community of 120,000+ people. We’ve attracted attention from various companies who are interested in using our product to help them solve their problems. Other projects have used us (see 0xgame.io), and we’ve launched a monthly DEV grant to encourage more. And we’ve grown our team from two co-founders to fifteen-strong (and counting!).

Bounties and all related activities will close on Monday, 13th August 2018, at 00:000 (GMT +2). All participants will receive VTY tokens + ETH on the wallet address they provided in the eventum.alpha settings. If you wish to change the deposit address, you must change it before: Wednesday 15th August 2018, 00:00 (GMT +2); after that you will not be able to change it. Point value will be calculated and announced in our separate blog post once the bounties close down on Monday, 13th August. To further improve user experience, we will be launching a dashboard on our website. This new feature will provide better visualization and will enable you to check your status of VTY tokens, graphs, vesting and more.

We want to take this opportunity to thank each and everyone who has been standing by our side throughout the process and continues to join us on this journey. We couldn't have done it without the support of our community. 

We have been very busy this past month and are pleased to announce the launch of Eventum Developer Grant.

Like all great new technologies, many of the future uses of Eventum platform are yet to be conceived. We are building a platform upon which others can power their own projects and it is the creativity of the community which will help shape the power of the Eventum platform.

The first ever Eventum Dev Grant has been awarded to EThorp32, who has built 0xgame.io, which we believe is the world’s first ever completely decentralized end-to-end betting experiment. His system uses our platform as a decentralized oracle, which sends the match outcome result from a consensus reached by event participants via a decentralized data carried (Oraclize) and TLS Notary. 0xgame is designed as a zero fee pool betting system where people play against each other and winners take money from losers in proportion to their own betting amount. The system has  been thoroughly tested on Ropsten testnet and has already been employed live in previous two Fifa 2018 matches and all of the bet winners had their payouts automatically executed by the smart contracts. You are very welcome to try it out at 0xgame.io  


The smart contract handles all betting, winnings distribution and withdrawals and its source code can be reached at etherscan. You can read more about 0xgame and EThorp32’s impression in our blog post.

We will be holding Eventum DEV Grant contest every month. Anyone with a great project will be able to submit their idea via our form each month and we will select the most promising ones and following our technical due diligence, the community will vote on their favorite one. We will then hold special events to enable developers to collect the data you need and power your projects with our API. Each winning project also get an additional 10,000 USD worth of EVT tokens, free promotion on our blog, telegram community and other social networks.

You can submit your project idea here. We are also assigning another 10,000 USD worth of EVT tokens each month for members of our community who help promote the winning projects via social media or their own channels. Tokens will be awarded to the top 20% best quality content (posts, tweets, status updates etc). We will be checking five different media: Twitter, Facebook, Reddit, LinkedIn and Creative content, each has a 20% allocation of EVT tokens. You can submit your bounty content via our form here. We look forward to checking and reviewing your submitted content!

Yes, reputation value is not decreased as a consequence of no consensus reached. User reputation is exclusively reduced only by reporting the wrong answer and not being in a consensus. If consensus isn't reached, the reward gets returned to the developer (minus validation fee) and users get no reputation penalties because the ''right'' value hasn't been deduced. 

Thanks, your support is much appreciated! We will be adding new events over the coming week, so stay tuned! On a related note, our growth manager, Sam Baldwin, has written a piece on life inside a blockchain startup that you are all welcome to read!

An event starts in less than an hour on Alpha Eventum. We will be testing the responses in inappropriate content filtering. Applications join 10 minutes before start - guide on how to join can be found here.

Inappropriate content filtering: Detect inappropriate content in a series of tweets
Time: Thursday (June 14th at 21:00 CEST)
Join here: https://alpha.eventum.network/events/803
Reward: 200,000 EVT + 10 ETH

Today's Fake news detection event was successful, where participants had to distinguish fake news items among genuine news articles. Consensus was reached in 2 minutes 46 seconds with 81% of all participants agreeing on a specific outcome - Real, Fake, Real. Congratulations to all participants, reward is now claimable!

Less than an hour before Fake news detection event starts, registrations end ten minutes prior to start. Users will have to distinguish fake news items from genuine news. Reward pool is set at 200,000 EVT and 10 ETH.  

Yesterday we had a keynote presentation about Nash equilibrium, decentralized oracles and Eventum at Crypto DevCon at Standford - along with speakers from Ethereum, NEO, ZCash, 0xProject, Binance, Quantstamp and other projects. We were also attending a presentation in which professor Whitfield Diffie, inventor of public key cryptography, was in attendance. If you are near, come say hi!

We have published our weekly update, full of exciting announcements, developments and new ideas! In summary, during our roadshows, we have initiated 4 different pilot projects with multi-national companies to solve problems regarding fake news and sports data delivery, growing our team to 20+ people, preparing for Eventum Beta release, submitting whitepaper update for peer-review and embarking on an Europe roadshow. We are also launching new demo events and increasing their frequency from 2 to 10 per week, whilst preparing for numerous special events and marketing campaign for 2018 FIFA World Cup. Moreover, we have developed and tested a new Eventum Prediction protocol for gathering verified and real-time estimates from crowds. Overall a busy month from us with more on the way!

Results from Speech recognition event:
Consensus was reached in 2 minutes and 12 seconds, with 70% of all participants agreeing on a set of four different voice recordings. Congratulations to all participants, reward is now claimable!


Next event will be held tomorrow and is already added, so you may join it straight away!
Fake news detection: Check the news and decide whether it's fake or not
Time: Wednesday (June 13th at 4:00 CEST)
Join here: https://alpha.eventum.network/events/802
Reward: 200,000 EVT + 10 ETH

Our CEO, Martin Mikeln, is having a keynote speech about the wisdom of the crowd in less than an hour. Our event is also starting in less than an hour, so there's plenty of time to join if you haven't already. 

Less than three hours before the Speech recognition event starts! We doubled the reward for the next two events, so make sure to join everyone! 

Speech recognition: Improve the speech recognition algorithm by giving it feedback on recognized audio recordings of spoken language
Time: Tuesday (June 12th at 4:00 CEST)
Join here: https://alpha.eventum.network/events/801
Reward: 200,000 EVT + 10 ETH

Exchanges will be one of our priorities after full development kicks in, but I cannot speculate on the time-frame required to get listed on exchanges. Any and all listings will be made public once they are finalized and everyone notified via our public channels.