Veritaseum ICO Details

Learn all there is to know about the Veritaseum initial coin offering.


Veritaseum is a smart contracts-based, peer-to-peer wallet interface (in beta) that currently interacts with Bitcoin blockchain (to be ported to Ethereum). It allows non-technical individuals & entities...


Status Finished
Token Type ETH (ERC20)
ICO Dates 25/04/2017 - 26/05/2017
Funds Raised $12,000,000
Whitepaper -
Website Go To Sale Website
Features Bonus
Jurisdiction N/A

Background

Veritaseum is a smart contracts-based, peer-to-peer wallet interface (in beta) that currently interacts with Bitcoin blockchain (to be ported to Ethereum). It allows non-technical individuals & entities to quickly create, enter and manage smart contracts directly with others without an authoritative 3rd party. It was the first of its kind written on a public or private blockchain.

Use of Funds:

  • Research and Development 30%
  • Sales, Marketing, Business Development 30%
  • Operations: 13%
  • Legal: 10%
  • Reserves: 10%
  • DAO liquidity provisions: 7%

Bonus: 20% day 1, 10% day 2, dropping 100bp per diem thereafter

Team:

  • Founder/CEO: Reggie Middleton
  • Lead engineer: Patryk Dwórznik
  • Lead analyst: Manish Kapoor


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