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HomeNewsVERITAS to Launch ICO for Decentralized Journalism Project Built on Blockchain

VERITAS to Launch ICO for Decentralized Journalism Project Built on Blockchain

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. 


Richard Kastelein
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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