Displaying items by tag: ethereum

A couple of days ago, I tweeted...

#Bitcoin headlines industry, business & mainstream media but the truth is:
A) #ETH has significantly more fundamental value than #BTC
B) It has MUCH more utility value that $BTC
C) appreciated more
BTC spikes from speculation, $ETH >value, so says the inventor & #founder of #DeFi pic.twitter.com/orR9NC5wjw

— ReggieMiddleton (@ReggieMiddleton) January 2, 2021

This is what that chart looks like now...

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that should truly challenge the extant VCs right? Well, yes and no. You see, the tokenized thingy is cool and all, but it really doesn't take full advantage of the technology at hand. After all, 2.5% & 25% is a pretty steep fee. Veritaseum, in anticipation of its upcoming ICO (online road show and executive summary ), is prepping to launch what we call an ICODAO, and Distributed Autonomous Organization that collects Initial Coin Offerings. We are attempting to make this nearly completely autonomous, tested (don't think "TheDAO" debacle, and considerably cheaper than hedge funds that you see these days. Now, the ICODAO is not a hedge fund, or a fund of any kind. It's sort of an autonomous software entity, that uses our software token, "Veritas" to allow other entities and individuals to gain access to its accumulated exposures and services. Those services are basically the sniffing our and collecting the best of the best ICOs and token offerings available, and the exposures are the natural result of the collection and holding of said ICOs. A world class research team will supply the analytical chops (click here if you don't know, the same team that predicted Bear Stearns, Lehman, CRE and housing crash, Google, EU sovereign debt crisis, etc.). Back to that in a minute, let's look at what's happening in the world off(block)chain. 

Bloomberg reports "Yale Endowment Blasts Low-Fee Critics, Says Gains Would Lag", as excerpted:

 Yale University, one of the most-watched and best-performing college endowments, defended the fees it pays to external managers, saying in an annual investment report that a low-cost passive strategy would have “shortchanged’’ the Ivy League school’s students and faculty.

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu of going through middlemen, intermediaries and authoritative 3rd parties.

We are holding an ICO (a cryptographic offering) for our Veritas tokens: the sole means of accessing the vehicles for the P2P economic markets.

Here is an overview of the ICO details. The online Veritas presentation deck is rich with descriptions and links to other documentation and instructions on participating should you want to dig in deeper.

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please find a cornucopia of informational videos and presentations to bring you up t speed on Veritas, Veritaseum and our future prospects and plans. This is a very.... unique offering.

A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: