Even tho I think the project is a good one with some good real tech, I feel the fatal flaw will be the lack of distributed tokens.
I would feel alot better about this ICO if there were millions more tokens released.
We sold a lot of tokens, ~ $11M worth. It was actually one of the best tokens sales to date - if not the best! Keep in mind, we didn't play any games - no presales, no hidden discounts to institutions (actually, the individuals got 1st crack at it), 3rd party roadshow marketers (except for paying for advertising after the fact). Demand was extreme, trust me... I'm exhausted. We could've easily pushed the $25M market over the next week, but that would be antithetical to our thesis of adding value. This was not a money grab, it was an opportunity to get enough tokens out into the wild to buttress a new way of value and knowledge transfer through distributed software systems. Next up, we will aggressively market to hedge funds, family offices and UHNWs. I will explain in detail in later posts.
Unlike many other initial token offerings, we have a lot to offer upfront, and we will start doing so after I take the weekend off. Reference
http://veritas.veritaseum.com/index.php/18-congrats-and-thank-you-to-all-those-who-participated-in-our-veritas-sale-2You will want to edit your webpage:
"we are
not starting to discuss listing VERI with the various exchanges."
should be (I hope):
"we are
now starting to discuss listing VERI with the various exchanges."
Please make sure you are talking to the exchange Bittrex!
Can we assume that the institutional offerings will be for an amount higher than we all paid in Ether in the final days? For instance, ETH was approx $200 at the end, so many of us paid as much as $6.66 USD equivalent. Or I guess, be offered at a higher price than 1/30 ETH.