VERITAS to Launch ICO for Decentralized Journalism Project Built on Blockchain

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Swiss Blockchain startup VERITAS, consisting of four software engineers, aged between 25 and 30 have are kicking off an Initial Coin Offering December 6, 2016 here.

The group aims to harness Blockchain’s revolutionary features for its community-based content platform and say they will dismantle media censorship by transferring control to the community, through a powerful validation system using a consensus mechanism.

“We do believes that freedom of information is the key to make a better world.
After thousands of promises from hundreds of different projects that haven’t been kept. We realized that we have been waiting long enough and we decided to do something about it.
The power behind blockchain made us realize that we can make the difference together by building a fully community-based platform,” they write on their website.

And also, we know that the community behind cryptocurrency is extremely motivated to find new projects and to help by investing in them. It is for this reason that we began this project now.”

They don’t have anything built yet, like many other ICOs – this is essentially vapourware – but they do have a Whitepaper. But for a group of software engineers it’s surprisingly short on math and algorithms and heavy on theory. 

 

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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