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Veritaseum is a smart contract-based wallet interface that allows anyone to create, enter and manage smart contracts without the need for any kind of intermediaries, middleman or centralized authority. 

Veritaseum will allow users to interact with real-world products based completely on blockchain technology and smart contracts, including P2P value trading, P2P letters of credit and DAOs. VERI tokens will allow users to interact with the Veritaseum wallet interface.

Veritaseum is a smart contracts-based, peer-to-peer wallet interface (in beta) that currently interacts with Bitcoin blockchain (to be ported to Ethereum). It allows non-technical individuals & entities to quickly create, enter and manage smart contracts directly with others without an authoritative 3rd party. It was the first of its kind written on a public or private blockchain.

Use of Funds:

• Research and Development 30%
• Sales, Marketing, Business Development 30%
• Operations: 13%
• Legal: 10%
• Reserves: 10%
• DAO liquidity provisions: 7%

Bonus: 20% day 1, 10% day 2, dropping 100bp per diem thereafter

Team:

• Founder/CEO: Reggie Middleton
• Lead engineer: Patryk Dwórznik
• Lead analyst: Manish Kapoor