Dear Community,
Thank you for investing in us during our ICO, It has been a turbulent quarter for cryptocurrencies all across the board. However, our ship is still upright and steady going through the storm.
Our team is still very hard at work. Ensuring that we keep up with our roadmap and hence have achieved the following from 24th Jan 2018 till now;
1. We have completed electrical infrastructures to support up to 6.75 MegaWatts of electricity for mining. This is equivalent to about 5000 rigs of 6 to 8 GPUs each.
2. We have completed the first phase of infrastructure to house our mining equipment.
3. We have began and are in development phase for our own exchange. License is pending approval from Japan, due to strict regulations.
Dividend Payouts
Our dividends for our first quarter will be paid on he 15th of May 2018.
The dividend amounts are US2.17 cents per Veritium Token.
Dividends will be paid out in Ethereum.
To qualify for dividends, store Veritium in your MEW or Imtoken wallets for the snapshot on the 15th of May 2018, 1200hrs UTC+7, and send in your KYC to our email: info@veritasmining.co
For more information, visit us at https://www.veritasmining.co
*Update* We have successfully completed all dividend payouts in ETHEREUM for our first quarter. Looking forward to the next dividend payout on 15th August 2018.
Listing Information
We are currently listed on Yobit.net under the ticker VRTM with 3 pairings;
VRTM/BTC, VRTM/ETH, VRTM/USD
We have an Investbox plan of 5% daily interest with a minimum of 50 VRTM held.
The Investbox lifespan is for 1 year.
*Update* 5% will only be until this Friday, 18th May 2018. After which it will be 1% daily. However, this may be subject to change.
Outlook & Further Developments
These are the things we aim to achieve in the following quarter from 15th May 2018 onwards;
1. Increase our mining capacity by 15% to 20%.
2. Develop and market our own crypto exchange, VeraExchange. Profits from this exchange will also be shared in the following quarter’s dividends.
3. Develop a CRM for our Veritium holders to better facilitate dividend payouts.
4. Due to popular demand, we would begin hosting services.
Closing Note
We believe in growing the company one step at a time and to thread wisely through the choppy markets of crypto. We are looking forward to achieving what we have laid out in our plans and will be continuing to strive to achieve even more.
We deleted the team photos due to security reasons in which we have heard much of being robbed or even kidnapped.
Moving forward we would like to thank everyone for their faith in us and we will continue to work towards becoming one of the pioneers in terms of being a security token.
Join us in our telegram chat
https://t.me/joinchat/CvhCSRGJrlvYHnVN6LJDhQ
Thank you for your time.
Yours Sincerely,
Veritas Mining Team
