Good point, and I agree with your argument. There are two primary reasons why cryptocommerce is small:
1. Most people don't hold crypto
2. Most people that hold crypto are speculators

I'll be sharing a post soon explaining what we're doing to address these reasons.

we maintain an up-to-date list here: https://community.verify.as/t/exchange-listings-for-cred/23

No, the tokensale ended during the presale. There was no public sale.

We're working on it daily. Track latest status here: https://community.verify.as/t/exchange-listings-for-cred/23

https://verify.as/bounty/ -- we'll be transferring the tokens out this week

Thanks, we're on it -- will be posting an update over the next week to two.

Hard cap reached in presale: https://verify.as/sale

Thank you all for the support!

Thanks! We're announcing the new tokensale date the end of the week..

Trust comes from reputation -- and reputation is a history of transactions (with each transaction having an expected outcome, and an actual outcome or end-result). What we do is extend credit, in the form of CRED tokens, to sellers so they get advance payment in proportion to their reputation.

So:
- Sellers with high reputation get all their transactions paid out instantly
- Sellers with no reputation will get paid once the buyer is happy (i.e. escrow situation)

CRED tokens are an "insurance policy" on transactions in the Verify network. This is explained in a ton of detail in our whitepaper.

Whitelist Announcement
Whitelist now open to our first 500 early supporters in telegram here and that fill the form found in our blog post here

Tokensale starts 29 Nov. We'll be looking to list on an exchange shortly thereafter.

No, it's unlikely we'll be signing any marketplaces this early. Marketplaces have no interest in disclosing reputation data -- we take the opposite approach. There may be synergies down the line, but our initial focus is squarely on getting independent sellers onboard.

Actually, we're already in closing talks with a few sellers; there may or may not be an announcement concerning that in the next week

No, we don't need a marketplace to "approve" the addition of Verify to its platform. The Verify payment solution is added directly to the seller's website -- if we provide a compelling value proposition to sellers, then there's no reason they wouldn't want to promote Verify (vs. any other payment option). The more reputable the seller gets, the more they have to gain.

We've done this sort of thing before -- we've signed up thousands of sellers on credit card processing as part of our previous work in White and Amazon's Payfort. We know what it takes to make sellers sign.

hey there, our second tokensale in 12+ months would be at a starting price that is at least double the current token price of $0.225/CRED. If you purchase CRED tokens now, then you do so because you believe the project has a reasonable chance at success. If it does succeed, the token price can only go one way: up.

Hey everyone, we've got a live stream with the Verify team on Tuesday at 8am UTC! We'll have the Verify CEO Yazin Alirhayim and Head of Business Development Ibrahim Mokdad. Drop your questions here, or on the Youtube chat. All questions welcome!

Link to live stream: https://www.youtube.com/watch?v=0_SBGVoanHs 👈

Thank you!


Yeah any situation that requires trust (i.e. pay now, get "something/service" later) is broken if it requires confiding in any single person or entity. By democratizing reputation, we're confident not only that we'd provide a solution to those already facing this issue -- but grow the entire pie, and have more folks using crypto for payments.

Thank you! Be sure to drop your email on our site so we can keep you posted on progress: https://verify.as/

Nov 29, 2pm UTC: that's right. We're actually releasing the tokensale page over the weekend, and adding the timer. Thanks for telling us though.


Absolutely. Singapore has a public company directory called Bizfile.gov.sg that you can use to look up the company registration details. Our company registration number is 201731477D. Screenshot below:




We were going to put it up as a surprise, but we're pushing this out over the weekend. You'll be hearing about it on the newsletter and on here. For now, we've got our draft API docs here.

Escrows are good for buyers, but they're terrible for sellers -- especially if these sellers have any serious transaction volume. The more orders you get, the more money you have locked up in the escrow -- and that really hurts cash-flow. Since any payment solution would have to integrate with sellers first before buyers can use it, it's obvious why no escrow service has been able to take the market by storm.

Reputation solves the problem that escrows cannot: it allows you to pay sellers instantly, while still providing buyers 100% protection.