veritascapital (OP)
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April 25, 2018, 06:40:37 AM Last edit: May 07, 2018, 02:57:56 AM by veritascapital |
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Website: https://www.veritascrypto.capital/Prospectus / White Paper: https://uploads-ssl.webflow.com/5adcb0defcceb96296d0b563/5ae01f048a4348372fb9040d_Veritas%20Capital%20White%20Paper%20and%20Investment%20Prospectus.pdfInvestor portal: https://www.veritascrypto.capital/investorsTwitter: https://twitter.com/VeritasCapital_Medium: https://medium.com/@VeritasCapital_Telegram: https://t.me/veritascapitalVeritas Capital arbitrages mispricing in cryptocurrency markets for stable 20%+ monthly returns. Fund pilot in progress. The Fund is currently open to new investments. SummaryWhen the same cryptocurrency is listed on multiple exchanges, there is often a slight mismatch in prices between exchanges. Arbitrage captures that price difference as profit without regards to price movement. Veritas Capital draws on professional program trading experience in traditional capital markets to create and continually improve upon reliable and highly profitable automated trading methods. Additionally, traders monitor trades at all times to ensure that all trades are backed by appropriate analysis and properly executed. Veritas combines modern efficiency with human expertise. Investors receive a 20% target monthly return on invested ETH, distributed weekly. Veritas Capital will initiate a multi-week pilot on April 30 with limited capital to test the operational methods and structure of the Fund prior to a full launch. The duration of the pilot is anticipated to be between 2-6 weeks. Due to its limited scope and iterative nature, no fees will be assessed during the pilot. With frequent single-day price fluctuations of over 10%, cryptocurrency investments demand a massive risk appetite that is intimidating to nearly any investor. By utilizing Ether (ETH) as the primary trading pair and base peg against which returns are measured, the Generational Fund is able to offer investors the ability to maintain exposure to price growth in the underlying Ethereum while realizing derisked profits via the arbitrage strategy. Investment termsKey points are outlined below. Refer to the investor portal for more information: https://www.veritascrypto.capital/investors- Investment cutoff for next trading period: 18:00 UTC May 7
- Investment minimum: 0.1 Ether, to be raised thereafter
- Investment address: 0x5395a64dceddc5eb621d7fbd3b8ac0e0d8a07127
- Maximum assets under management: 50 Ether (ETH) at start of pilot, to be raised thereafter
- Target return on principal: 20% monthly return, or 5% per week
- Functional currency: All return expectations are in Ether
- Distribution frequency: Weekly on Mondays. Distributions are made in ETH to contributor addresses
- Lockup period: 1 full trading period, defined as the time from one distribution to the next
Early investor rewardsAs mentioned, fees are waived for the duration of the pilot program. Pilot investors also have the right to carry funds over to the full launch ahead of other investors, and pay reduced fees in the full launch as described below. - Investments in first pilot period (April 30-May 7): At full launch, no fees ever charged on capital up to 10x amount invested
- Investments in second pilot period (May 7-14): At full launch, half fees charged on capital up to 10x amount invested
- All subsequent pilot periods (May 14 to conclusion of pilot): At full launch, half fees charged for three months on capital equal up to 10x amount invested
Disclaimer and risks: Regardless of the strategies involved, there are inherent risks involved with cryptocurrencies and the trading thereof that lead to any activity in this space to be appropriately classified as highly speculative. While Veritas Capital has high confidence in its strategy and risk mitigation plans, investors should be aware that returns are not guaranteed and that cryptocurrency investments should only ever comprise a minority portion of total assets.
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veritascapital (OP)
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April 25, 2018, 08:18:14 AM |
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In keeping with its name, Veritas Capital seeks the 'true' worth of cryptocurrencies by arbitraging prices closer between exchanges, creating investor value in the process.
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rairaimotobike
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April 25, 2018, 03:54:57 PM |
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I always pay attention to the progress of this project further. I will wait for further news from you. Good luck
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katherinekamik27
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April 25, 2018, 03:57:16 PM |
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It would be good if you can add more details so that readers may have better understanding.
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kulanumbua9x
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April 25, 2018, 03:59:36 PM |
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I'm curious. But you have too little information. Please make a clear description in this thread about how your project works.
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andry697
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April 25, 2018, 04:06:48 PM |
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Can you sum up with more information, and if possible able to provide charts or photo to make it more easier to understand.
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veritascapital (OP)
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April 25, 2018, 04:35:05 PM Last edit: April 25, 2018, 04:46:25 PM by veritascapital |
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The interest is appreciated. Over time, various articles and essays will be published with the intention of providing deeper explanations of aspects of Veritas' approach that are of useful to potential investors.
That said, this is an investment vehicle. Prospective investors are expected to review the prospectus / white paper, as it outlines all relevant terms and details about the Generational Fund.
Additionally, the Fund is not for everyone, as described in the opening post. This is an appropriate investment for those who seek to hold a long ETH position while realizing additional returns, but not for frequent traders or those who do not desire exposure to ETH price volatility.
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veritascapital (OP)
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April 25, 2018, 06:24:02 PM |
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Today's market events are a stark reminder that prices can move unexpectedly at any time. Arbitrage protects against these swings and secures consistent returns that only increase in market turmoil.
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OV3RLORD
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April 25, 2018, 06:28:05 PM |
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Today's market events are a stark reminder that prices can move unexpectedly at any time. Arbitrage protects against these swings and secures consistent returns that only increase in market turmoil.
Can u give me ur Telegram account for PM? BtTalk doesnt allow me to send u message
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julmichael
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April 25, 2018, 06:33:50 PM |
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Will the project be using a bot to do the arbitrage or is a person doing it?
Also, do you have any past performance charts?
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veritascapital (OP)
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April 25, 2018, 09:21:43 PM |
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Can u give me ur Telegram account for PM? BtTalk doesnt allow me to send u message
You are welcome to send an email to contact@veritascrypto.capital. Will the project be using a bot to do the arbitrage or is a person doing it?
Also, do you have any past performance charts?
Excellent questions. Trade identification is fully automated and execution is partly so, but human approval is required for every trade. Due to the unpredictable nature of cryptocurrency markets and lack of established trading best practices in this space, fully unattended program trading incurs significantly greater risks than in traditional markets. As a primary investment mandate of the Fund is to preserve capital, the additional return of full automation is outweighed by the small, but difficult to measure and potentially catastrophic risks. The 20% return target is set based on the low end of performance from prior trading and historical backtesting. The best and most undeniable way to show performance, however, is with live results. One of the objectives of the Generational Fund pilot is to create a demonstrable track record of returns that investors can refer to.
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veritascapital (OP)
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April 26, 2018, 02:12:30 AM |
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The core concept is quite simple - buy a cryptocurrency from one exchange at a lower price and immediately sell at another exchange for a higher price. This can absolutely be done by any trader with accounts on multiple cryptocurrency exchanges, and indeed all potential investors are encouraged to attempt an arbitrage trade of their own to get a better understanding of the trading approach and its viability.
There are, of course, several complicating factors that make reliably profitable arbitrage out of the reach of most traders. The prospectus / white paper summarizes the advantages of institutional arbitrage over retail traders. To bring up one example, a major drag on arbitrage returns is exchange trading fees, and a number of exchanges offer reduced fees for high-volume traders. Over time, this contributes significantly to higher returns on institutional-scale capital.
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Eliza beth
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April 26, 2018, 03:20:12 AM |
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Also looking forward for the token price after the hardfork, hopefully it will still be at a good level of price. egretia
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suhardi3899
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April 26, 2018, 03:45:41 AM |
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Can you sum up with more information, and if possible able to provide charts or photo to make it more easier to understand.
The concept of the project is quite good and interesting, but there are still less? ie about the explanation host in this thread, it seems there is still a lot of project information that you have not fully explained. I will wait for the master to update this project
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ayisganteng
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April 26, 2018, 03:48:05 AM |
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I don't really understand this project. can i get more information
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veritascapital (OP)
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April 26, 2018, 04:44:31 AM |
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With apologies to any real users, it appears that there are some spam accounts making meaningless posts in this thread. Said clutter will be ignored going forward.
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BoyWilliam
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April 26, 2018, 04:53:37 AM |
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I also do not really understand about this thread hopefully in the future there is more detail info again
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veritascapital (OP)
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April 26, 2018, 06:45:28 PM |
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The first Medium article, a primer on arbitrage and its application by Veritas Capital, will be published later this week.
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veritascapital (OP)
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April 26, 2018, 10:18:23 PM |
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As markets bounce back from yesterday's correction, a quick look at prices across exchanges reveals some appealing opportunities. Here is an example with Ethereum. Over time and many trades, these small price differences add up to a substantial return. https://i.imgur.com/ZNBn47I.png
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