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Author Topic: [ANN] Veritium - Token with Quarterly Dividend Payout  (Read 12232 times)
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Xphenosis
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Veritium - Sustainable Crypto Mining


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November 09, 2017, 01:21:58 PM
 #621

Do you provide any pool for help in translating?

If you're referring to Bounty,

It here on our bounty thread: https://bitcointalk.org/index.php?topic=2407235.0

Hope we answered your question. (:

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November 12, 2017, 03:10:56 AM
 #622

what are the bonuses for first-days purchases?
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November 12, 2017, 08:53:08 AM
 #623

what are the bonuses for first-days purchases?

Current pre-sale is 30%. We are live already!

General Sale starts 17th November, 2017 08:00 UTC

Weeks 1-2 of general sale comes with 25% bonus

Weeks 3-4 of general sale comes with 10% bonus

Weeks 5-8 of general sale has no bonuses.

Join Us @ https://www.veritasmining.co

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November 12, 2017, 03:56:50 PM
 #624

Tokens start from 0.25 Ethereum


Now anyone can own VERITIUM TOKENS!


Come join us!

https://www.veritasmining.co

Join our Pre-Sale today!

Bonuses are available!


Bounty thread is here: https://medium.com/@jaytee_29029/veritium-bounty-campaign-da8343ce966

Join us on telegram: https://t.me/joinchat/CvhCSRGJrlvYHnVN6LJDhQ

I carefully studied your site, documents and accounts of team members on social networks - and came to the conclusion that your project is not a notorious scam, so I apologize for my early words here that turned out to be too hasty (I think you too can understand me - how many fraudulent ICO and airdrops now and we have to be very alert), besides, you really had a hard time because of the blocking of your accounts on the forum, I understand.

So, if you do not mind - accept my apologies and my support in your bounty campaigns.

In any case, good luck to the team in the implementation of the project, and to investors - an excellent and long passive income!

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November 12, 2017, 04:15:14 PM
 #625

Tokens start from 0.25 Ethereum


Now anyone can own VERITIUM TOKENS!


Come join us!

https://www.veritasmining.co

Join our Pre-Sale today!

Bonuses are available!


Bounty thread is here: https://medium.com/@jaytee_29029/veritium-bounty-campaign-da8343ce966

Join us on telegram: https://t.me/joinchat/CvhCSRGJrlvYHnVN6LJDhQ

I carefully studied your site, documents and accounts of team members on social networks - and came to the conclusion that your project is not a notorious scam, so I apologize for my early words here that turned out to be too hasty (I think you too can understand me - how many fraudulent ICO and airdrops now and we have to be very alert), besides, you really had a hard time because of the blocking of your accounts on the forum, I understand.

So, if you do not mind - accept my apologies and my support in your bounty campaigns.

In any case, good luck to the team in the implementation of the project, and to investors - an excellent and long passive income!

Thank you very very much for your belief in us and we are sincerely humbled in having you apologize.

I respect you that you are apologizing. It takes alot of guts to apologize.

Let's put the past in the past and thank you for your support!

We are looking forward to our General Sale happening on the 17th of Nov at 08:00 UTC. Smiley

(And yes i agree with you, too many scams out there.. sadly.)

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November 14, 2017, 10:03:59 AM
 #626

A great and very interesting concept.
Best regards and more power!   Grin Grin Grin

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November 14, 2017, 01:31:00 PM
 #627

Very nice project and cool bounty campaign. I'm in. Hold and to the moon
Good luck dev!
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November 14, 2017, 02:35:12 PM
 #628

It is so nice that you are care about energy and planet.

Quote
At Veritas Mining Company, we believe in turning renewable green energy into cryptocurrency by means of crypto mining. Crypto mining is highly profitable when done on a large scale basis and it is essentially turning electricity into digital assets. In today’s environment, Crypto mining is done globally. What we offer is an eco-friendly, sustainable and renewable energy powered form of mega crypto mining, in an environmentally stable country with no risks of natural disasters.

But how will the cryptocurrency help the world even if it will be producing in the "green way"?


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November 14, 2017, 05:07:26 PM
 #629

Very nice project 🖒
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November 15, 2017, 01:09:36 PM
 #630

The idea is nice and user friendly. The most comments are about how nice is idea.
The quantity of posts is not many...

Or it is so trustable project without questions, or nobody is interesting in it.

Hope the first one supposal.


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November 15, 2017, 11:01:36 PM
 #631

It is so nice that you are care about energy and planet.

Quote
At Veritas Mining Company, we believe in turning renewable green energy into cryptocurrency by means of crypto mining. Crypto mining is highly profitable when done on a large scale basis and it is essentially turning electricity into digital assets. In today’s environment, Crypto mining is done globally. What we offer is an eco-friendly, sustainable and renewable energy powered form of mega crypto mining, in an environmentally stable country with no risks of natural disasters.

But how will the cryptocurrency help the world even if it will be producing in the "green way"?

Well, we believe Crypto currencies are the future and to adapt to it means lots of crypto mining. So we make the process eco-friendly.

How it would help? Decentralization. That's what we all seek don't we? Smiley

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November 15, 2017, 11:09:12 PM
 #632

The idea is nice and user friendly. The most comments are about how nice is idea.
The quantity of posts is not many...

Or it is so trustable project without questions, or nobody is interesting in it.

Hope the first one supposal.


Thank you for your vote of confidence!

We hope the first is what's happening.

But at the same time, we believe we do not have enough people aware of our project just yet. Smiley

Maybe you could help us?

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November 16, 2017, 09:54:02 AM
 #633

Interesting project. I wonder in what country the mining facility is located with these cheap rates.

We are located in Thailand


So no bonus if contribution is below 30 ether?

Bonuses are given from the minimum of 0.25 Ethers.


Nice project and will follow this, but can you share some details about the climate of your location? I bet you spend a lot of kWH's on your cooling systems in a climate like Thailand.

Furthermore, is it possible to rent hashpower in your farm? What do tokenholders get back for investing in your mining farm?

Our mines' location are in the highland regions. it is much cooler there. and we are using the water from the rivers nearby to cool our mines with a tweaked heat pipe technology. Smiley
No we are not cloud mining, so no renting of hash power.
How token holders get back is payouts in Ethereum every quarter, for as long as you hold our tokens, forever. Basically, when we grow so does your payouts. Kind of like Co-Op Mining.


I love the idea of using renewalable energy for mining.
Please provide more details about
1. Total coin supply
2. Percentage of Coins allocated to Founders
3. Percentage of Coins allocated to Airdrop
4. Percentage of Coins allocated to Bounty (I believe 3%, right ?)
5. Where is your solar and Wind energy going to be generated ?
5. At what cost is the energy going to be generated ?

Total token supply = 135m
founders = for every 100 tokens issued 15 additional tokens will be issued for founders/team
airdrop = 1m tokens
Bounty =  for every 100 tokens issued 3 additional tokens will be issued for Bounty.
From our partner's energy farm. There are solar, wind and bio gas/waste.
We are getting our energy supply at US$0.035 per kWh.

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November 16, 2017, 10:06:53 AM
 #634

how to buy token

You can proceed to our token sale page.
https://www.veritasmining.co/token-sale

Click participate and fill up the form.
After you proceed, you will see an Ethereum address to send for the purchase of Veritium.
You can use your ethereum wallet to send directly or if you are paying via Bitcoin or altcoins. You can use the in built Changelly App.
Then once you have sent we will be sending you an email within 24 hours confirming your purchase.
Tokens bought during pre-sale will be sent out after pre-sale.
Tokens bought during General sale are sent instantly.

What is the hard cap?

100,000 Ethers.




As long as the management and dev team will work together in following the plans or roadmaps, the future looks bright for Veritium Mining...since this is a project under a legally registered company in Thailand would it be possible that we also convert our tokens to the real shares of the company? Just wondering...

No you cannot convert them to real shares of the company, as that would make us a security in which by law, we are not one.

If i understand correctly its similar to cloudmining, isnt it?

Nope. we are not cloud mining. It is more of Co-op mining.


Nice project! I'd like to take part in your bounty campaigns.

Here're my retweets and shares:
Twitter URL: https://twitter.com/ATertyichnyiy
Followers: 4168

Tweet and retweet:
https://twitter.com/VeritiumMining/status/924187460346658816
https://twitter.com/ATertyichnyiy/status/924204187847667712

Facebook URL:
Friends: 2617

Share:
https://www.facebook.com/andy.cryptoman.9/posts/134433067311300

Looking forward to advertise your project. Hope it'll be successful!


Thank you for your support!
This is our new bounty thread.

https://bitcointalk.org/index.php?topic=2407235.0

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November 16, 2017, 10:20:58 AM
 #635

do you really state that crypto mining is still worth making?
I doubt so
project looks not well-grounded

Crypto mining is profitable on a large scale basis and with cheap electricity.
So yes. It is worth mining. Smiley
On means of how well grounded, we believe we are one of the more well grounded ICOs around at the moment.
We are based on Mining profits and scaling up plus developing our ecosystem alongside our core source of revenue from mining.
Many ICOs fail because they run out of funds before they can develop their projects.
For ours, we want to build up a solid foundation of revenue with crypto mining before developing an additional profitable ecosystem.
Hope this answers your doubts. Smiley

Looks like you have a professional team behind it. Too bad you dont have a counter for investments on your website, hope you will implement it later. I see you bonus will drop daily and not with amount invested.

We will have one after pre-sale. Smiley

Being backed by an already established mining company gives some guarantee for the long term performance on this investment.  Receiving revenue dividends for being a token holder is a plus as well.

The only drawback could be the fact that these tokens could be considered securities by the US authorities because of the revenue sharing. This could become a handicap for some exchanges to list this token.



Last we checked on 13th Nov 2017, We are not considered nor recognized as a security.
and we have 3 exchanges that have agreed to listing us. Smiley
We will be making that announcement soon. Smiley

Didn't really got the idea.. but wish you good luck. Will follow the development.

Do you guys have a website?



We have the link done up in the initial Post.

Hello Devs. When will be published whitepaper?

We have the link done up in the initial Post.

Good luck your project! When will the token will be listed on exchange?

4 to 10 weeks after ICO ends on the 19th of Jan 2018.

Looking forward to see this go live. How high will the prospective payouts be in dollars per token?

We are paying out in Ethereum.
You can check out our whitepaper via the link in the initial post.
there will be a rough estimate.

That means "Veritium" and "Veritas"? It's some kind of trademarks? isn't it?

Veritium is our token name and Veritas Mining name. Smiley

Veritas was the Roman Goddess of Truth. Which is what we seek to be. Truthful and Honest.

Is there a minimum (soft cap) amount you need to gather in total investments in order for the project to start?

Yes we do have one. It is US$ 500,000.

Which thankfully we have hit via private offline investors and some pre-sale sold tokens.

As of 16th Nov 2017, we have raised about 705k USD.

Hope you can be part of our token holders soon! Smiley

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November 16, 2017, 10:37:10 AM
 #636

What is the total and circulating supply for Veritium? It looks promising!

Total supply is 135m Tokens

Circulating supply will depend on how many are sold.

What are the project plans?
Is there any Whitepaper released?

The project plans are on our website and also on the initial post.

The link is also on the initial post.

hey dev,,need bounties campaign?

The link is on the initial post.

does anybody invest in these tokens?
what are the terms of leaving this project?

As of 16th Nov 2017, we have raised 705k USD from both online and offline private investors.

sorry but we don't get your question on leaving this project.

I just read that Thailand was the current location of the said project. What were the attributes that you have seen that Thailand has that is not present in some other areas that has minimal if not zero chance of natural disasters?

* Also submitted form for airdrop. Where do I post additional links in case I decided to spread this all over my facebook and twitter pages? Hopeful for the answer thank you.


Hello! Thank you for your questions,
well, Thailand doesn't have earthquakes/tornadoes/harsh winters and we are sunny all year round. (:

A quick Google search said it has 5 earth quakes in the last year alone. The amount of heating your mining farm will generate plus the sunny weather will cripple your ROI. You will spend to much energy on cooling.

Why dont you give any information about what tokenholders get back as reward for investing in your mining farm.

We have. it is all stated in our website and whitepaper.

Basically, our token holders get payouts every quarter in ethereum, as long as they hold them, forever.
60% of total net revenue.
When we grow so does your payouts as a token holder.

From my experience for a period of time, the high pre-sale incentives are undesirable, will cause widespread decline in exchange prices, can not ensure the interests of investors, please be careful

50% pre-sale bonus which drops every 3 days in our opinion is not high.

And we believe that our tokens will be kept more than it will be exchanged in the early stages after our ICO ends.

Thank you for the heads up!

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November 16, 2017, 11:48:06 AM
 #637

Hi dev. How will you attract investors to invest in this project? What are the advantages of your project to other that investor will have interest on this project?

Our electricity is cheaper than most other mining operations. US$0.035 per kWh.

Besides that we are also using our mining operations as our core source of revenue to develop an ecosystem  that will support one another and in turn garner more revenue.

I have a little confused about mining software, this coin is't based on ETH? If its how to mine use software?

No we are not mine-able. Smiley

Joined.will we have a promotion price because we hold some of theses token or because we were the first supporters of the project ?

The tokens will enable you to a right to a quarterly payout in ethereum.

In the future it will also allow u usage of our marketplace platform for investments or retail discounts.

where the mining are located ?

Thailand. Smiley
Land of Smiles. Smiley Smiley Smiley
How much would be the Ico price?

1 Veritium = 0.001 ETH (base price)

Currently there is 30% Bonus. But will end in a few hours.

24th Nov we start our general sale and will have 25% Bonus.

I have strong demand for Crypto-Mining, Veritium may solve my problem. two questions: how much need pay for your Ponos-Mining or other apps and how much hashrate will everyone have?
Thanks in advance.

Its not based on hashrates as we don't sell hashrates nor electricity nor contracts.

We are like a co-op mining operation.

turning renewable green energy into cryptocurrency by means of crypto mining?turning electricity into digital assets?Sorry, I did not understand your white paper, so can you explain it to me?


Bascially, mining is turning electricity into cryptocurrencies.

So our source of cheap renewable energy is very suited and good for mining. Smiley

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November 16, 2017, 05:11:28 PM
 #638

Hindi ANN: https://bitcointalk.org/index.php?topic=2413945.0

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November 17, 2017, 09:41:28 AM
 #639

Hi,
correct me if I'm wrong, that the whole project will be ready for work not earlier than mid-2018?

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Xphenosis
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Veritium - Sustainable Crypto Mining


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November 17, 2017, 10:46:42 AM
 #640

Hi,
correct me if I'm wrong, that the whole project will be ready for work not earlier than mid-2018?

Actually no, we would be ordering our first batch of ASICs and Rigs after the pre-sale ends on 20th of Nov @ 00:00 UTC.

We expect to have the first batch of RIGs delivered and running by the end of the Dec 2017, and ASICs would take abit longer around mid Jan 2018, which is when our ico will come to an end.

We did state that we would be starting up around Q1 2018. So with current timeline, we are able to maybe move abit faster than planned.

However, all will depend on our suppliers' delivery times. For GPU rigs equipment should take about 6 to 8 weeks. For ASICs about 8 to 10 weeks.

We hope this answers your questions. Smiley

Do feel free to ask us anything!

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