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Title: Report: Cryptoasset Veritaseum (VERI) is Worth Close to $0 Post by: Lighthouse Crypto on October 18, 2017, 03:16:52 PM Attached is our in-depth research and valuation of the Ethereum token Veritaseum (VERI). We believe that although the token has a market price of $70 at the time of writing and a network valuation of over $140 million, its true value is close to $0.
Given the dearth of verified information regarding this altcoin, we believe your readers would find it informative to their potential cryptocurrency investment decisions. In the report, we substantiate the following claims: ❖ The incredibly concentrated ownership of the Veritas tokens (with approximately 98% held by Middleton) represents a single point of failure and is antithetical to a pivotal advantage of other crypto-assets, decentralization. ❖ Veritaseum and Middleton have a history of failing to deliver on promises made to potential investors. The product on which the Veritaseum platform is based was scrapped due to regulatory issues. ❖ Veritas tokens grant holders no legal rights or recourse. In effect, they are an unenforceable promise by Veritaseum to deliver nebulous consulting and software services at some point in the unspecified future. As such, they are a poor conduit of value. ❖ Middleton has no technical background in cryptocurrencies or technological development. Key team members have left the project or are not employees at all but 3rd party contractors. ❖ The company’s patent application has not been granted; instead, patent examiners have called into question whether its claims demonstrate novelty and inventive step. A direct link to the report for sourcing: http://lighthousecrypto.com/LightHouseCryptoVeritaseumReport.pdf Our website: www.lighthousecrypto.com Our Twitter: @LightCrypto Sincerely, Lighthouse Crypto Team Title: Re: Report: Cryptoasset Veritaseum (VERI) is Worth Close to $0 Post by: buyabit on October 20, 2017, 01:52:28 AM Lighthouse Crypto,
You are very likely just one individual behind your screen and I highly doubt that you have a team of people unless you are bringing in your other multiple personalities to the table. Your website domain was just registered on 18 September 2017, you paid for a 2 year period and your name behind the registration was private. Is money that tight you only could afford to pay for a 2 year internet domain name? Do you really think anyone is going value the opinion of an anonymous person? Your attempt is nothing but FUD IMO but Thanks for stopping by to warn us VERI holders but I am keeping my VERI utility tokens for years to come. Best of luck with your next attempt on a report. Title: Re: Report: Cryptoasset Veritaseum (VERI) is Worth Close to $0 Post by: Filmmmakerr on October 20, 2017, 02:56:04 AM We don't need your advice or promotion website we already know Vert is a scam, if anyone buys this coin its the dev team.
Title: Re: Report: Cryptoasset Veritaseum (VERI) is Worth Close to $0 Post by: verifyas on October 20, 2017, 03:12:18 AM Attached is our in-depth research and valuation of the Ethereum token Veritaseum (VERI). We believe that although the token has a market price of $70 at the time of writing and a network valuation of over $140 million, its true value is close to $0. Given the dearth of verified information regarding this altcoin, we believe your readers would find it informative to their potential cryptocurrency investment decisions. In the report, we substantiate the following claims: ❖ The incredibly concentrated ownership of the Veritas tokens (with approximately 98% held by Middleton) represents a single point of failure and is antithetical to a pivotal advantage of other crypto-assets, decentralization. ❖ Veritaseum and Middleton have a history of failing to deliver on promises made to potential investors. The product on which the Veritaseum platform is based was scrapped due to regulatory issues. ❖ Veritas tokens grant holders no legal rights or recourse. In effect, they are an unenforceable promise by Veritaseum to deliver nebulous consulting and software services at some point in the unspecified future. As such, they are a poor conduit of value. ❖ Middleton has no technical background in cryptocurrencies or technological development. Key team members have left the project or are not employees at all but 3rd party contractors. ❖ The company’s patent application has not been granted; instead, patent examiners have called into question whether its claims demonstrate novelty and inventive step. A direct link to the report for sourcing: http://lighthousecrypto.com/LightHouseCryptoVeritaseumReport.pdf Our website: www.lighthousecrypto.com Our Twitter: @LightCrypto Sincerely, Lighthouse Crypto Team The simple rule is: if you haven't used the product (or are using an alternative product), don't buy the coin. |