Veritaseum is a decentralized finance (DeFi) project that offers a Peer-to-Peer network for capital markets. The platform allows investors to participate in investment activities without the need for financial institutions as intermediaries. Veritaseum was founded in 2014 by Reggie Middleton. The platform is powered by its native utility token VERI.
This article will serve as a comprehensive guide to the Veritaseum project, and its native token. In different sections, I will explain the key features of the Veritaseum platform, the economics of its utility token, its past performance, and future price forecasts.
In the final sections, you can find details on where and how you can buy the VERI token, should you be interested.
Veritaseum (VERI) Key Features
| Decentralized | Veritaseum allows individuals and organizations to trade digital assets without intermediaries and expensive brokerages. |
| Veritas token | VERI is an ERC-20 token issued on the Ethereum blockchain |
| Services | Veritaseum offers tools to participate in security markets, and allow asset tokenization and escrow services. |
Veritaseum (VERI) Tokenomics
The Veritaseum token has a total supply of 100 million tokens. Out of these, only 2.15 million tokens are in circulation. There is no fixed maximum limit on the supply of VERI.
Veritaseum (VERI) Past Performance
At the time of writing this piece, the Veritaseum token is trading at $36.35, which is 52.21% up from yesterday’s prices.
The token’s market capitalization now stands at 78.46 million. At $948k, the 24-hour trading volume is 200 times that of yesterday.
Veritaseum (VERI) Price Forecast
Based on technical analysis, we have estimated the price forecast of the Vertaseum token. We have considered several indicators, including support and resistance levels, moving averages, etc. for the same.
Our expert forecast for VERI is optimistic, suggesting significant price appreciation. You can find the year-wise price forecasts of VERI tokens below.
| Year | Lowest Price | Average Price | Highest Price |
| 2024 | $205.16 | $348.76 | $492.37 |
| 2025 | $377.49 | $599.05 | $820.62 |
| 2026 | $574.44 | $656.50 | $738.56 |
| 2027 | $262.60 | $393.90 | $525.20 |
| 2028 | $361.07 | $508.79 | $656.50 |
| 2029 | $623.67 | $1,050.40 | $1,477.12 |
| 2030 | $1,312.99 | $1,559.18 | $1,805.37 |
Where to Buy Veritaseum (VERI)?
You can buy the Veritaseum token from the following places.
How to Buy Veritaseum (VERI)?
Follow these steps to buy VERI from DODO.
- Go to the website of DODO and create a new account.
- Complete the KYC procedure and security verification. This will usually take a few minutes.
- Once your account is up, load your wallet with funds. You can do this via bank wire or credit card transfer.
- Once you have the funds in your wallet, go to the trading section and buy USDT stablecoins.
- Now type VERI/USDT on the search bar and select the pair. Then swap your USDT with VERI tokens.
- On the respective field, enter the number of Veritaseum tokens you want to purchase and hit ‘buy’ followed by ‘confirm’.
- Your VERI tokens will now show up on the Gate.io wallet.
Conclusion
Veritaseum project offers a range of nifty tools to make investing in traditional financial instruments without depending on middlemen and centralized authorities. The platform’s utility token VERI is currently trading way below its 2018 highs. However, in the backdrop of the Bitcoin halving event, our analysts are optimistic about the token’s potential.
Despite all the optimism around cryptocurrencies and NFTs, we still think that these are not for everyone. The reader is advised to do their own research before putting their money into such schemes.
Also, note that the risk involved in your investment should be based on your financial goals. This means that, if you are a retired 60-year-old, you have no business buying one of those new meme tokens.
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