The Veritaseum Platform
Veritaseum Autonomous Distributed Interactive Research
Economic Rent Facility
Participate in the Veritaseum Portfolio
The Veritaseum Team
Veritizing the World
Build the future with Veritaseum
The following is the first of a series of contributions form Paul Shea, PhD; a macro economist who will be writing independent thought pieces for Veritaseum’s VeADIR customers and clients. This piece targets VeGold customers. Since this is such a potentially controversial and thought-provoking topic, I had the manager of our resident forensic analysts, Manish Kapoor, respond to Mr. Shea’s piece. Finally, I have added my twenty-two cents (my two cents levered 10x) at the end, with the usual chart porn.
Veritaseum, LLC (hereinafter “Veritaseum”) has engaged Brundidge & Stanger, P.C. for the purposes of independent verification of the assets (i.e. gold, silver, palladium, etc.) held by Veritaseum on behalf of holders of Veritaseum’s asset-back Tokens at the vault of Third-Party Storage Services (hereinafter “Custodian”) for the audit period of 02/1/2019 through 03/31/2019.
Veritaseum sells gold stable-tokens (VeGLD) that are 100% backed by physical gold - insured and stored in a LMBA Vault. These tokens are redeemable worldwide for physical gold by the token-holder (owner) upon demand or may be sold back to Veritaseum in lieu of redemption.
Gold has significant stable store of value and inflation protection benefits that can be referenced here.
Veritaseum offers additional products and services that enables gold token-holders to generate income returns on their gold via P2P gold lending products. One such lending product is the gold-denominated hard money loan. A hard money loan is simply a short-term loan secured by real estate.
Veritaseum is a not a party to the transaction between Lender and Borrower and does not have an economic interest in the loan. Veritaseum provides the financial products, expertise, and the technology infrastructure that enable the automatic facilitation, management, and enforcement of the terms and conditions agreed to by the Borrower and Lender per the smart contract deployed on the Ethereum Network.
See video of the product at work here..
A comprehensive comparison of Veritaseum's VeGold product to major fiat currencies and the leading stableoin cryptocurrencies.
Learn how we "Veritize" hard and real assets and send them through the blockchain via smart contracts. This document walks through a detailed analysis of VeGold - our digital gold offering.
Please complete the form below to download the document [DOCUMENT_TITLE]
You must be holding more than 3,333 VERI, be an identifiable accredited investor, or be a member of a family office or qualified purchaser ($5M in assets or higher) to gain access to VeADIR beta.