Thanks for the report. I've been sifting through this thread trying to sort out Veri and the report more or less came to the same conclusions I was making.

I've been around for some years now, investing in different altcoins where I've both lost and won heavily. The closest to Veri I can remember that I invested in was Banx, where you was much like Veri investing in the reputation of the entrepeneur as much as in the coin. A year later Banx crashed and burned something painful, to a large degree since no investors from the finance world was interested in the coin ( a huge premise for it's success), and Mark Lyford is now quite justifiably a dead name in crypto after the massive fuckup that was Banx. Luckily I got my investment back in the form of monthly payouts to the "stockholders" before the chrash.

Now, Reggie has a much more substantial reputation and thus far more to lose than Mark Lyford, which is why I'm at all considering this project for investment. The fact that there are 2 million coins on the market out of 100 million is god damn intimidating and normally that would scream blazing red lights for me. Reggies reputation is the counterweight. I'm considering putting a small amount of cold storage BTC into this, but will likely be looking for a lower entry point.