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Topic: VERITASEUM DISCUSSION THREAD - page 184. (Read 251011 times)

sr. member
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May 22, 2017, 02:18:33 PM
jsnip4 talks about the Veritaseum ICO.  Smiley

https://www.youtube.com/watch?v=GLGydNkIUAc
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May 22, 2017, 02:04:16 PM
Struggling making a decision I believe in Veritas but I'm holding my ETH like new born babies Smiley

Blockchains are the value transference mechanism that demonstrates the intent of open source, with exposure of the public ledger and the exchange of value.

Smart Contracts are the new API and through Blockchains allow the publishing and use of information, with built in value transference.

Ignore the daily exchange rate. Understand that value transference capability, and then that platforms will be built on top of these chains and that you play this long game by holding the primary units (BTC, ETH) or the tokens upon those blockchains. The tokens are going to have a much wider up and down. This is where Veritaseum adds value.; through analysis and the DAO.
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May 22, 2017, 01:54:26 PM
Struggling making a decision I believe in Veritas but I'm holding my ETH like new born babies Smiley
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May 22, 2017, 09:34:40 AM
I know said it would be 18 to 24 months to have a product out, with a few months at a minimum for a MVP. My lead engineer said he will have something to play with potentially as early as next week regarding the autonomous machines designed to attack the hedge fund sector with zero margin models. I will need assistance of a dozen or so brave Veritas holders to participate in an alpha test of this code by sending their Veritas in. There is a strong chance it could get lost (hacking, etc.) so we're limiting the contribution amount to $300 or less, with the obvious caveat emptor warnings.

This is an exciting update and I would definitely be interested in participating in your beta. I bought the tokens to use! I would recommend releasing the Gnosis report for Consensus 2017. It would be good PR. Maybe even put a countdown to the live stream.  Smiley

Update: I see that Reggie tweeted this out: https://twitter.com/ReggieMiddleton/status/866688906783272961 if you're holding or considering an Gnosis investment please check this out!
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UltraCoin "Smart" Derivatives: The Future of Money
May 21, 2017, 11:21:59 PM
The Gnosis valuation report is ready for distribution - sitting on my desk right now. I'm considering offering it has a free sample to demonstrate what we are capable of.  If I do such, it will be via livestream at the Consensus even tomorrow in NYC.

The Augur report is also finished and delivered by the our analysts. It is sitting in my inbox, awaiting my final review. It will definitely, without a shadow of a doubt, be available only for Veritas. I will likely announce that via livestream from the Consensus event as well.
For those who may not realize it, we are moving very, very quickly. Many ventures offer an ICO, give tokens out weeks later, and start developing upon the roadmap outlined in their whitepaper.
We're 3 out of the 4 weeks into our ICO, and we've already started producing research that is simply not available anywhere else. We also have another surprise to announce. I'll tell you after you view this video, if you haven't seen it.
https://www.youtube.com/watch?v=0k13dgd44mw

I know said it would be 18 to 24 months to have a product out, with a few months at a minimum for a MVP. My lead engineer said he will have something to play with potentially as early as next week regarding the autonomous machines designed to attack the hedge fund sector with zero margin models. I will need assistance of a dozen or so brave Veritas holders to participate in an alpha test of this code by sending their Veritas in. There is a strong chance it could get lost (hacking, etc.) so we're limiting the contribution amount to $300 or less, with the obvious caveat emptor warnings.



sr. member
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May 21, 2017, 04:50:40 PM
I gave up on waiting for ETH to drop and got my VERI tokens now.
sr. member
Activity: 344
Merit: 250
May 21, 2017, 04:49:22 PM
As far as i know it is for purchase of research and accessing future services. Previous version of the platform used mainly bitcoins for trading.
I don't think VERI will be needed to use the new platform rewritten for ethereum system. But it might be tradabale there in the future.     

I'm pretty sure the VERI tokens will be used for both accessing research and using the new Veritaseum smart contract system.  The new tokens are Ethereum-based, but the tokens themselves are what would be used for everything in the Veritaseum world.
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May 21, 2017, 04:31:48 PM
Crown Jewels For Free: Veritaseum Goes ICO - Cointelegraph: https://cointelegraph.com/news/crown-jewels-for-free-veritaseum-goes-ico

Nice article!

Sorry if this is a stupid question, but are the Veritas tokens that you are selling used to purchase your research, or to trade derivatives on your Veritaseum platform?

You said earlier in this thread that your trading platform is currently operational. Where can I go to check that out? Thanks!

As far as i know it is for purchase of research and accessing future services. Previous version of the platform used mainly bitcoins for trading.
I don't think VERI will be needed to use the new platform rewritten for ethereum system. But it might be tradabale there in the future.     
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May 20, 2017, 12:01:34 PM
Sorry if this is a stupid question, but are the Veritas tokens that you are selling used to purchase your research, or to trade derivatives on your Veritaseum platform?

You said earlier in this thread that your trading platform is currently operational. Where can I go to check that out? Thanks!
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UltraCoin "Smart" Derivatives: The Future of Money
May 19, 2017, 02:59:36 PM
ICOs, 30,000x Returns & Transformational Blockchain Tech Investing https://www.youtube.com/watch?v=7Ex61XG3QEo
full member
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UltraCoin "Smart" Derivatives: The Future of Money
May 19, 2017, 02:58:07 PM
Crown Jewels For Free: Veritaseum Goes ICO - Cointelegraph: https://cointelegraph.com/news/crown-jewels-for-free-veritaseum-goes-ico
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UltraCoin "Smart" Derivatives: The Future of Money
May 18, 2017, 07:51:12 PM
Gnosis Valuation Report is completed May 15th. http://veritas.veritaseum.com/index.php/15-veritaseum-presents-it-s-first-digital-asset-forensic-valuation-gnosis-gno
Next up is Augur. (REP Token) https://twitter.com/ReggieMiddleton/status/865338733771583488 Reggie says this report will cost 300 VERI tokens and due next week.

For traders with large REP positions, this type of analysis would be invaluable. This kind of work will create the demand for VERI tokens after the VERI sale ends in 8 days. My read is that REP is down recently at 0.00835240 BTC. A critical analysis would allow ICO holders to exit a weak offering if they were looking for a reason to exit. A positive analysis of REP will likely lead to demand for REP short term, and a longer term appreciation of stake based on sound business.

If Reggie and team can produce these analysis at this rate I'm quite excited to see what the DAO does with the research!


Well I have two analysts full time on this (That's 80+ hours per week of non-stop analysis) plus an intern plus myself and their manager. I'm considering adding on a third. I would say the pace may pick up, but that's really contingent on the difficulty of the project. Augur has similarities to Gnosis, so we didn't have to start the model and the thesis from scratch.

We have started on the DAO already, building the conceptual framework. It's not easy, but it is on its way.
full member
Activity: 136
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UltraCoin "Smart" Derivatives: The Future of Money
member
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May 18, 2017, 07:24:55 PM
Gnosis Valuation Report is completed May 15th. http://veritas.veritaseum.com/index.php/15-veritaseum-presents-it-s-first-digital-asset-forensic-valuation-gnosis-gno
Next up is Augur. (REP Token) https://twitter.com/ReggieMiddleton/status/865338733771583488 Reggie says this report will cost 300 VERI tokens and due next week.

For traders with large REP positions, this type of analysis would be invaluable. This kind of work will create the demand for VERI tokens after the VERI sale ends in 8 days. My read is that REP is down recently at 0.00835240 BTC. A critical analysis would allow REP holders to exit a weak offering if they were looking for a reason to exit. A positive analysis of REP will likely lead to demand for REP short term, and a longer term appreciation of stake based on sound business.

If Reggie and team can produce these analysis at this rate I'm quite excited to see what the DAO does with the research!
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May 18, 2017, 10:16:33 AM

My opinion is that ICOs for crypto tokens have usually been significantly discounted to their future value. Ethereum was ICO'd at 1 BTC = 2000 Ethereum...

Nothing ventured and nothing gained.


Though I agree with your point here but only for solid projects, if you take position in wrong project it will eventually go south, that is why you need someone like Reggie to do the ground work for you

Agreed. Reggie is working to identify the projects that are Solid. Only Veritas holders will have access to this information.

Here are some links on ethereum contracts:

Babbage is a visual programming language that consists of simple mechanical parts that interact with each other: Pipes, valves, rods and levers.
https://medium.com/@chriseth/babbage-a-mechanical-smart-contract-language-5c8329ec5a0e

Reading agreements in this form could take some getting used to, but no more than the legalese produced by today’s contract lawyers. Fill-in-the-blank scripts would likely become available for common uses. Specialists could craft very custom agreements, as done by lawyers today. In return, we eliminate “I thought, you thought” confusion and remove all uncertainty over whether the other person will follow through. The script both defines and enforces the agreement.
https://etherscripter.com/0-5-1/

Interfaces to visualize the contract logic is a good step. Better debugging, and handling of exceptions are also very important for deploying safe and robust contracts.
sr. member
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May 18, 2017, 01:30:47 AM

My opinion is that ICOs for crypto tokens have usually been significantly discounted to their future value. Ethereum was ICO'd at 1 BTC = 2000 Ethereum...

Nothing ventured and nothing gained.


Though I agree with your point here but only for solid projects, if you take position in wrong project it will eventually go south, that is why you need someone like Reggie to do the ground work for you
sr. member
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Proof-of-Stake Blockchain Network
May 17, 2017, 11:33:51 AM
do you need hindi translation?
if you need PM me
sr. member
Activity: 344
Merit: 250
May 17, 2017, 09:37:08 AM
I'm also trying to take part in the Veritaseum Crowdsale Bounty Program:

https://blog.veritaseum.com/current-analysis/1-blog/226-veritaseum-crowdsale-bounty-program

Here's some 120x80 avatar images I prepared from the graphics provided.  If anybody wants to copy them, you're welcome to.

https://i.imgur.com/TUPMWYx.jpg


https://i.imgur.com/sFoFiy2.jpg
sr. member
Activity: 344
Merit: 250
May 17, 2017, 09:33:42 AM
The Veritaseum first generation platform was really good. The ability to take a position on any equity, and even short one equity vs another were well handled. It also allowed positions in fractions of a bitcoin so for pocket change you could test theories. With all the trades handled on the blockchain, there was no counterparty risk. The other side of the trade was locked in.

I vaguely remember hearing about that in the past, but it didn't really catch my attention at the time.  Before it's time?

They already had a functional platform on Bitcoin. Ethereum is easier as it has contracts and a shorter block execution time. I believe that the work on the html client for bitcoin will be or has been refactored for the ethereum tokens.

The faster they can demonstrate the platform on Ether, the better.  I think I heard Reggie say they planned a beta by the end of 2018.  I hope they're able to release something sooner than that, or I fear 1 1/2 years from now may be a bit late.

Reggie has been making some very prescient calls. I believe he has demonstrated remarkable flexibility in adopting bitcoin, and making the decision to use Ethereum. If he builds the platform it will be used.

I've been aware of his name for some time, but I have to admit I haven't been following his work.  I watched several of his Youtube videos last night, and found them helpful in getting up to speed on all this.  The videos I found are here:

https://www.youtube.com/user/BoomBustBlog/videos

I would not call raising 11,971 ethereum weak interest, Reggie has already pointed out valuing tokens based on market cap and calculating this around total tokens is completely missing the valuation requirements for these items. I would rather see this start slow and grow interest based on a functional platform. Reggie has stated that after the initial token period they will take investments from banks and other players.

I believe that the curated research will be actionable for Veritas token holders, and that the platform will be quite popular. To access the research you will need tokens. I assume the platform will require them as well. This will set the demand.

I would recommend that anyone on the fence take a look at Reggie's positions in the past. I believe they demonstrate sound analytical ability and discernment.

My opinion is that ICOs for crypto tokens have usually been significantly discounted to their future value. Ethereum was ICO'd at 1 BTC = 2000 Ethereum...

Nothing ventured and nothing gained.

Thanks for your well thought-out post.

I looked into Ethereum before it was released and seriously thought of getting into it, but I didn't.  Oh well.

I'm still considering how much I'll put into the Veritas ICO and waiting for ETH to pull-back a bit to get a better price.

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