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RE: Verily, Verily I ask You: Is Now a Good Time to Buy Veritaseum (VERI)?

in #veritaseum7 years ago

Always choose a good topic @haejin,
1st we must understand What Is Veritaseum?
Veritaseum builds blockchain-based, peer-to-peer capital markets as software on a global scale. We are taking a wide swath of assets and exposures and placing them on the blockchain as autonomous software that seamlessly connects to parties without the need for a 3rd or authoritarian interest. Any entity with internet access can participate in these capital markets on a peer-to-peer, over-the-counter, and one-on-one basis.
The centralized software platform is designed to cater to existing institutions that are not prepared to take the full leap into distributed capital markets systems. It will run on servers under the control of the client, i.e. the Jamaica Stock Exchange, if they were to enter into a formal agreement with Veritaseum.

How to offer VERI Tokens
If you would like to offer rental of your VERI tokens navigate to “Offer VERI Tokens” tab and set your VERI deposit by clicking on the “deposit” button in the header. The tokens won't be transferred to the contract just yet, the value is just an allowance for use in the rental app. You will be asked to sign a transaction in a Metamask dialog window.
veritaseum-coin-112.jpg
After the transaction has been accepted, the new deposit value will appear in the sidebar.
![veritaseum-coin-113.jpg]
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Next, fill the form in the right panel which requires you to provide Amount, Price, Duration and Expiration. Expiration is not mandatory, by default your offer never expires but you can cancel it before it is accepted. On the top of the form you can also find the current ratio of VERI to ETH. After you fill the form, press Order to create new Offer.
veritaseum-coin-114.jpg
MetaMask plugin will ask you to confirm your transaction in a popup window. Until the transactions is complete and added to the blockchain, you will see a pending transaction in My offers table. Processing on Blockchain takes considerable amount of time, so please arm yourself with patience, usually your transaction should be completed within around 20 seconds.

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