Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
Dorkie
on 03/11/2017, 01:07:16 UTC
Reggie should have done the paper since the start instead of now to allay all the FUD.

"The centralized software platform is designed to cater to existing institutions that are not prepared to take the full leap into distributed capital markets systems."
What if the institutions are finally ready to be fully dedicated to distributed capital markets systems? Will that make Veritaseum less significant?

Suggestion:
Reggie should not focus too much on the needs of the institutions as the sole source of adoption.
Instead, as Reggie is competent in structuring customized deals, he should also take the opportunity to structure deals that are standardized/off-the-shelf to cater to the non-institution community at large, where everyone (you and me) can conveniently use for their financial/investment needs right away, to generate the 2nd source of adoption and grab additional market share.

In this way, Reggie doesn't need to wait for the institutions to be ready to take the plunge into cryptocurrencies for Veritaseum to take off. Veritaseum can take off asap if its platform is commercial-ready with a handful of standardized structured deals that the community can trade right away. Such standardized structured deals can be the "main block" of a deal/need, or smaller "building blocks" for savvier users (be it from institution side or community side) to combine into a "main block" for slightly more customized deal/need.

Somehow this may allow evolution into much higher community participation that uses the platform for their own structured tokens, i.e. financial engineers, fund managers, analysts, etc can use the "building blocks" to structure their own deal and then veritize such deal. It would very much be like independent project teams making use of Ethereum's smart contract system to issue their own ICO/token with specialized uses/purposes. In my opinion, this will actually help Veritaseum to be very broad-based with very high financial and economic functionality. Not only will Reggie no longer needed as a "key man", but Veritaseum would also be formidable on its own.

The price should be very bullish (even by crypto standard) if my suggestion is implemented, in my opinion.