Topic: VERITASEUM DISCUSSION THREAD - page 173. (Read 251011 times)

Yea, Joe's my boy. I sent it to him.

I want to ask when the bounty spreadsheet in going to be made public, I think it is better for the participants to know where we stand current, since the start of the campaign I don't think the team have mentioned making this public just to prevent all those claims that come during the distribution. I will also like to ask when the signature campaign is going to be over.

I think for fairness shake the bounty spreadsheet need to be made public no matter when the tokens will be distributed.

The website looks kind of old (2010), scammy. But I like the idea

We are still waiting to see how Rootstock develops.

The tokens are expected to be on exchanges within 4 weeks.

Reggie, I see that Vinny Lingham is offering his Civic (CVC) tokens initially via ERC20 Ethereum tokens but will switch to Rootstock/Bitcoin at a later date. Rootstock because they believe bitcoin is the safer option.

Is this your plan also or are you fully committed to Ethereum?

Word gettin' round!


https://www.youtube.com/watch?v=hWu-ouh2Jug


 

Ok I'm gonna have to take some time to digest all that!! Thanks for the reply!

Any clues on when we see exchange listings? BAT did their ICO and listed in the same day on Liqui.io as did many other ETH ICOs the past few weeks.

You use swap, and intend that there will be an exchange of VERI for ETH. Without use of a distributed exchange like etherdelta or 0x there is no enforcement that both parties exchange funds.
 
You would have to use a contract to make the trade you imply. Simply agreeing to exchange VERI tokens or ether would have no obligation.

I suppose you could use an m-of-n multi-signature address to hold both. This certainly makes it a lot more complicated than you probably want.

The original transaction for VERI purchase was mediated by the ERC20 token contract that was written to manage the offering of the VERI tokens. I am sure that when these are trading in volume we will exceed the original price. I would hold if you can.

I will pay you ETH for your VERI at the ICO ratio of 30:1.

How do you swap VERI back to ETH via myetherwallet (or any other ether wallet out there) once these token start trading, please? (Instead of using an exchange, I'm presuming you can do a straight swap within the wallet as VERI are ERC20 compatible.... but I'm horribly new to this so may be totally wrong. Please help!)

Has anybody got a basic step-by-step instruction or link on how to do this?

I'm guessing the procedure is similar to how you had to purchase them during the ICO?

Many thanks!

The tokens are a software object, exchangeable for services. Reggie and team have already released an eye opening valuation of the GNOSIS token. If you read that you should be able to make a decision on whether you wish to be long or short that token. This type of analysis is valuable and readily will give the purchaser a market edge.

The GNOSIS report was free. Future analysis will be exchanged for VERI tokens. I believe Augur (REP) is up next.

The institutions will come in to play in the future because their clients will want access to Reggie's expertise on Blockchain and Crypto products. These type of players will want large blocks of VERI to distribute to clients, or use themselves. Suppose a major bank wanted to offer this type of research to their clients? They would not be able to buy ONE report and distribute it because of copyright issues. They could offer token's to their clients and they would be able to purchase the reports they were interested in ala-cart.

Or maybe they would purchase an unlimited bundle, the going rate so far appears to be approximately $1,000 for a report, distributing this to 1,000 clients would take 130,763.775 VERI ($1,418,344.54 @ todays rate.)

A large institution would probably negotiate that down, say 75,000 VERI for unlimited reissues. This information is actionable, and is time sensitive.,So getting this in front of as many of your paying clients as possible is the best way to demonstrate value.

I didn't mean to imply any sort of impropriety regarding the supply of tokens.  I'm just trying to understand what the ecosystem and liquidity environment will look like for the individual early adopter, who likely won't actually be using the tokens in the same way as institutions.

Already 1/10th ETH!!! That's $22 per Veritas ... BEFORE even being listed on an exchange!! ... I'm rich biyatch!!!

 

Oh ok, I somehow missed that etherdelta allowed arbitrary ERC20 tokens. Yes this should function, though since it isn't easily accessible in the UI, so it may take awhile to get some volume.

Also we only have one side of the order book with no takers...

I don't think the project gain much traction in Asia but it will be good to have Asia presence not even of China alone, Japan and Korea are both big player in the space currently

Using this link you can see VERI. You have to enter the public address for it and all that but it comes up and viola...somehow 10:1 with ETH
https://etherdelta.github.io/#ETH-0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374

VERI has not been added to the list of swappable tokens for etherdelta. You may wish to contact the admin to let him know you are interested in this Token. I see that BAT has been added just recently so he is updating the list frequently.

Looked at the EtherDelta website.  My thoughts:

Folks will/might need the public address to purchase?  The ICO public address link, is now inactive.  

Didn't see a bid/ask or any offered price for VERI on EtherDelta even though the VERI ticker did appear for me using the coordinates we used for myetherwallet.com ICO transactions.

Opening a wallet was really easy on EtherDelta but couldn't notice or prompt any GUI one normally sees on an exchange for sending or receiving crypto.  Could be I'm just blind.

Cheers!