Quote from: TheDuke1984 on July 29, 2017, 03:58:59 PM

I'm new to this forum and am hoping to clarify a few items. (Note - I don't own any VERI at this time).

1. How many folks here own VERI with the expectation that the price will increase in value vs own VERI for actual use on the Veritaseum platform?
- Isn't it likely that if most are purchasing with the expectation of an increase in price then the SEC will eventually consider VERI a security?

2. If VERI is used on the platform, what happens to the VERI tokens when redeemed? (If there are approx 2MM tokens in circulation and I redeem 10 for product/service do the 10 tokens redeemed stay in circulation?)

3. If the total supply of VERI is 100MM, at current approx price of $150 the value of the Veritaseum platform is approx $1.5 billion. That seems like a high value but I may be missing something.

Thanks

your new in this forum. so first read through the last 50 pages of this forum and you have your answers.