Topic: [ANN] Veritium - Token with Quarterly Dividend Payout - page 13. (Read 14860 times)

Glad to hear soft cap achieved, good news. This will be a positive impact and value to potential investors. Considering to join public sale few days ahead 

Filipino ANN Thread here: https://bitcointalksearch.org/topic/ann-veritium-token-na-nagbabayad-ng-quarterly-na-dibidendo-2435513

JOIN US!

Thank you for your well wishes!

We have arrangements and an agreement to purchase clean energy exclusively from a green energy company.

Do join us for our general sale this Friday! 24th Nov @ 08:00 UTC

Hi, congratulations on the excellent result of soft cap.
You write that you plan to use the cheap energy of the sun and wind. Do you already have ready arrangements with a "green plant" or will you build solar-powered systems yourself?

4,697,826 Veritium Sold!

$720,863 Raised during Pre-sale!

We have hit our soft cap!

Thank you Everyone!!

General sale begins 24th Nov 2017, 08:00 UTC

Join us @ https://www.veritasmining.co

With 25% Bonus Break Even within 8 Months!

After which it's just profits all the way!

When we expand, so does your payouts!

no further funding required.

Mines and ecosystem growth will be gradual and constant!

General Sale begins 24th Nov 2017, 08:00 UTC

whats the date for the ICO ?

yes our soft cap is US$ 500,000. We have successfully hit that amount and now we are in the range of US$ 712,480.

We welcome your support too!

Our pre-sale is going through the last weekend!

4,667,269 VRTM sold out of 5,000,000 for pre-sale.

332,731 VRTM left for pre-sale.

We have a energy company which we have an agreement with.

Plus we are working with one of the top universities to develop our cooling systems and also cloud management.


Our token holders will have rights to quarterly payouts which is 60% of net revenues.

And also in major decisions, token holders will have the right to vote.


We are about through with our last stage of our pre-sale.

Our ICO general sale starts on the 24th of Nov @ 08:00 UTC

Pre-Sale has 5,000,000 VRTM. So far we have sold 4,667,269 VRTM.

ICO will take place on the 24th of Nov 2017 @ 08:00 UTC

3 major exchanges have agreed to list us within 4 to 12 weeks after our ico ends.


Yes please visit our bounty page: https://bitcointalk.org/index.php?topic=2407235.0;all



Thank you! Our white paper is in the link on the initial post.

You can join our telegram group to ask any questions too: https://t.me/joinchat/CvhCSRGJrlvYHnVN6LJDhQ


Yes please visit our bounty page: https://bitcointalk.org/index.php?topic=2407235.0;all


8 weeks starting from 24th Nov 2017, 08:00 UTC


Yes please visit our bounty page: https://bitcointalk.org/index.php?topic=2407235.0;all


Spreadsheet for?

Our dev team is on the homepage of our website: https://www.veritasmining.co

Yes. We do have a legal counsel that updates us every as and when. As of 18th nov 2017, we are still considered a security as all our token holders have rights to a share in the payouts and not as a form of a cmonpany issuing dividends. In terms of the law, we are more of a CO-OP mining operation.


Only to be located in Thailand as that where we get the really cheap electricity.
We have team members from Thailand, Russian, USA and Singapore.


As we are conisdered more of CO-OP mining. All countries are welcome.


https://bitcointalk.org/index.php?topic=2407235.0;all

This is our bounty page. We look forward to your support!


So far we have 3 exchanges that have agreed to list us within 4 to 12 weeks after our ico ends.

In six months we intend to establish at least 2 parts of our ecosystem; Vidulum, our wallet and Ponos-Mining, Our mining GUI.

We have our road map shown on the initial post.

Actually no, we would be ordering our first batch of ASICs and Rigs after the pre-sale ends on 20th of Nov @ 00:00 UTC.

We expect to have the first batch of RIGs delivered and running by the end of the Dec 2017, and ASICs would take abit longer around mid Jan 2018, which is when our ico will come to an end.

We did state that we would be starting up around Q1 2018. So with current timeline, we are able to maybe move abit faster than planned.

However, all will depend on our suppliers' delivery times. For GPU rigs equipment should take about 6 to 8 weeks. For ASICs about 8 to 10 weeks.

We hope this answers your questions.

Do feel free to ask us anything!

Hi,
correct me if I'm wrong, that the whole project will be ready for work not earlier than mid-2018?

Hindi ANN: https://bitcointalksearch.org/topic/ann-veritium-2413945

Our electricity is cheaper than most other mining operations. US$0.035 per kWh.

Besides that we are also using our mining operations as our core source of revenue to develop an ecosystem  that will support one another and in turn garner more revenue.


No we are not mine-able.


The tokens will enable you to a right to a quarterly payout in ethereum.

In the future it will also allow u usage of our marketplace platform for investments or retail discounts.


Thailand.
Land of Smiles.

1 Veritium = 0.001 ETH (base price)

Currently there is 30% Bonus. But will end in a few hours.

24th Nov we start our general sale and will have 25% Bonus.


Its not based on hashrates as we don't sell hashrates nor electricity nor contracts.

We are like a co-op mining operation.


Bascially, mining is turning electricity into cryptocurrencies.

So our source of cheap renewable energy is very suited and good for mining.

Total supply is 135m Tokens

Circulating supply will depend on how many are sold.


The project plans are on our website and also on the initial post.

The link is also on the initial post.


The link is on the initial post.


As of 16th Nov 2017, we have raised 705k USD from both online and offline private investors.

sorry but we don't get your question on leaving this project.


We have. it is all stated in our website and whitepaper.

Basically, our token holders get payouts every quarter in ethereum, as long as they hold them, forever.
60% of total net revenue.
When we grow so does your payouts as a token holder.


50% pre-sale bonus which drops every 3 days in our opinion is not high.

And we believe that our tokens will be kept more than it will be exchanged in the early stages after our ICO ends.

Thank you for the heads up!

Crypto mining is profitable on a large scale basis and with cheap electricity.
So yes. It is worth mining.
On means of how well grounded, we believe we are one of the more well grounded ICOs around at the moment.
We are based on Mining profits and scaling up plus developing our ecosystem alongside our core source of revenue from mining.
Many ICOs fail because they run out of funds before they can develop their projects.
For ours, we want to build up a solid foundation of revenue with crypto mining before developing an additional profitable ecosystem.
Hope this answers your doubts.


We will have one after pre-sale.


Last we checked on 13th Nov 2017, We are not considered nor recognized as a security.
and we have 3 exchanges that have agreed to listing us.
We will be making that announcement soon.


We have the link done up in the initial Post.


We have the link done up in the initial Post.


4 to 10 weeks after ICO ends on the 19th of Jan 2018.


We are paying out in Ethereum.
You can check out our whitepaper via the link in the initial post.
there will be a rough estimate.


Veritium is our token name and Veritas Mining name.

Veritas was the Roman Goddess of Truth. Which is what we seek to be. Truthful and Honest.


Yes we do have one. It is US$ 500,000.

Which thankfully we have hit via private offline investors and some pre-sale sold tokens.

As of 16th Nov 2017, we have raised about 705k USD.

Hope you can be part of our token holders soon!

You can proceed to our token sale page.
https://www.veritasmining.co/token-sale

Click participate and fill up the form.
After you proceed, you will see an Ethereum address to send for the purchase of Veritium.
You can use your ethereum wallet to send directly or if you are paying via Bitcoin or altcoins. You can use the in built Changelly App.
Then once you have sent we will be sending you an email within 24 hours confirming your purchase.
Tokens bought during pre-sale will be sent out after pre-sale.
Tokens bought during General sale are sent instantly.


100,000 Ethers.



No you cannot convert them to real shares of the company, as that would make us a security in which by law, we are not one.


Nope. we are not cloud mining. It is more of Co-op mining.



Thank you for your support!
This is our new bounty thread.

https://bitcointalksearch.org/topic/ended-veritium-sustainable-crypto-mining-12-m-worth-of-bounty-2407235

We are located in Thailand



Bonuses are given from the minimum of 0.25 Ethers.



Our mines' location are in the highland regions. it is much cooler there. and we are using the water from the rivers nearby to cool our mines with a tweaked heat pipe technology.
No we are not cloud mining, so no renting of hash power.
How token holders get back is payouts in Ethereum every quarter, for as long as you hold our tokens, forever. Basically, when we grow so does your payouts. Kind of like Co-Op Mining.



Total token supply = 135m
founders = for every 100 tokens issued 15 additional tokens will be issued for founders/team
airdrop = 1m tokens
Bounty =  for every 100 tokens issued 3 additional tokens will be issued for Bounty.
From our partner's energy farm. There are solar, wind and bio gas/waste.
We are getting our energy supply at US$0.035 per kWh.

Thank you for your vote of confidence!

We hope the first is what's happening.

But at the same time, we believe we do not have enough people aware of our project just yet.

Maybe you could help us?