My translation: This is token with a market cap of currently nearly 6 billion USD, and the developers are holding 98%.
All big purchases in the future will be done from the developers directly thus will not hit the market and influence the market price positively.
The market cap depends on how large is the capital market that Veritaseum can disintermediate.
And because it is not clearly expressed how that $1.635 quadrillion is referred, the valuation is blurry.
As I understand, illiquid + high friction cost securities/assets are just a fraction of the entire capital market.