Veritaseum

Veritaseum(VERI)

Veritaseum is a decentralized exchange(an autonomous software platform) for digital assets.
  • Market Cap
    $177.435.198
  • Price
    $87.1213
  • Category
    Exchanges
  • Origin
    US
  • Team Size
    1-10
  • Initial Release
    25/04/2017
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    5.1
  • Team Ratings
    3.3
  • Execution Ratings
    2.7
Next Update: June 15, 2018
Product
  • The need for the product ⓘ

    7
  • Total addressable market size ⓘ

    8
  • Product/market fit ⓘ

    4
  • How is the product compared to existing solutions? ⓘ

    2
  • How difficult is to make the product? ⓘ

    7
  • Could this product scale? ⓘ

    6
About Product
Veritaseum defines itself as the gateway to peer-to-peer capital markets. The main aim of the project is to eliminate the middleman in financial services through the use of smart contracts.
Team
  • Team's previous experience ⓘ

    6
  • Does the team have a clear vision? ⓘ

    3
  • Is technical team sufficient for building the product? ⓘ

    3
  • Is the team active? ⓘ

    3
  • Is the team size big enough? ⓘ

    3
  • How is the team growth? ⓘ

    3
About Team
Veritaseum is headed by entrepreneur Reggie Middleton. According to their website, there are three people on the team with one developer. On their site, simple concepts explained in a very complex way. They are not making something new, needs a clear simple and easy to understand the vision.
Execution
  • Could this team get the product into a market? ⓘ

    3
  • Could they do it in time? ⓘ

    3
  • Did they meet previous deadlines? ⓘ

    3
  • Is the marketing strategy sufficient? ⓘ

    6
  • Team’s previous achievements ⓘ

    4
  • Strategic partnerships ⓘ

    3
  • Current market size ⓘ

    2
About Execution
Except marketing, there isn't much work done as of yet. Among digital asset exchanges, Veritaseum might be the least used. Doesn't have a public roadmap
Editor's note

The community is skeptic about the company. The most basic web search shows conflicting information about Veritaseum. As of now, founder holds 98% of the tokens. Hack after the ICO and dumping of the tokens raises red flags. Liquidity is very low.

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Initial Rating: April 23, 2018

Last modified: June 4, 2018