Wednesday, July 28, 2021

I. THE VERA ECOSYSTEM

I.1. Crowdfunding platforms

The economic crisis and epidemic diseases in several years have promoted the strong development of the model of crowdfunding. After the financial crisis in 2007-2008, the crowdfunding platforms like Indiegogo and Kickstarter were born and exploded. It was a time when startup companies had difficulty accessing capital from banks and credit institutions called for community capital, gathering small amounts of capital from a large number of individuals to fund new businesses.

Over the past 10 years, this form of investment has rapidly developed strong. According to Fundera Company data, in 2019, the amount raised through crowdfunding increased by 33.7%, with 6.45 million campaigns worldwide. Successful campaigns mobilize an average of $ 28,656.

Although it is early stage, crowdfunding has proven very successful. For example, Fundraising platform OurCrowd, announced in March 2019 that it had reached $ 1 billion in raised funds in just six years.

According to the US Securities and Exchange Commission (SEC), this form is rapidly growing and proves to be an increasingly viable option for startup companies looking for capital and investors. According to the same organization, the success rate of crowdfunding companies increased from 58.9% in 2017 to 63.9% in 2018.

The growth of crowdfunding shows that investors around the world will see this as a viable capital mobilization model in the coming years. According to Technavio consulting and technology research firm, the crowdfunding market will grow by $ 89.72 billion between 2018 and 2022 with a compound annual growth rate of 17%.

Despite the great potential, the crowdfunding model still confronts legal barriers between different countries, leading to the current crowdfunding platforms still operating mainly on the domestic scale. For example, a Thailand citizen who wants to fund a start-up in the US will meet many legal obstacles when owning shares of a legal entity in the US.

To overcome the legal bottleneck, the application of blockchain technology for fundraising platforms is a very potential option. With our vision, the use of crypto-based crowdfunding by startups in all areas of development will be an inevitable trend soon. With decentralized blockchain protocols, crypto crowdfunding will give startups access to capital inflows from investors around the world, which opens up great opportunities for both startups and teams. Capital investors favor the decentralization of blockchain technology. Investors, instead of owning shares of startups as before, will own a Dividend Token or a Commission Token, depending on how the community is defined.

World's first decentralized crowdfunding platform Vera IDTO Trading & Launchpad

Vera has ambitions to build the Vera Initial Dividend Token Offering (IDTO) Trading & Launchpad decentralized fundraising platform where startup companies from around the world have the opportunity to reach the investors possible in their way. Halfway around the world without being restricted by legal barriers. A majority of investors with voting rights through the possession of the Vera governance token will vote on the scorecard of startups carefully selected by the Vera team before inclusion in the Vera protocol. The voting mechanism will help investors choose the brightest startups to contribute funds, increasing the rate of success when investing in these startups.

Successful fundraising projects on the Vera fundraising platform (IDTO) Trading & Launchpad will have to strictly adhere to the development KPIs for each stage issued and controlled by Vera. Besides, the startups will deduct a commission for the fundraising platform Vera IDTO Trading & Launchpad. This is shared among the Vera token holders community when Vera shares the rewards in dividend payments to token holders.

In addition to organizing crowdfunding events, the Vera IDTO Trading & Launchpad platform will be where traders and users can directly trade crypto portfolios from Bitcoin, Ethereum without border dividend Token , this directly creates the spot liquidity market for dividend tokens.

I.2. Cryptocurrency Investment Funds

In recent years, crypto investment funds have appeared more and more with the growth of the crypto market. The participation of hedge funds has promoted strong development of the blockchain industry as money flows heavily into the market or is invested in blockchain startups, led by investment funds like Coinbase Ventures, Grayscale, Binance Labs,etc.

According to Team Vera's research, large and reputable investment funds often focus on raising funds from large-scale shark investors without raising funds from private investors with small capital. The capital market has a large number of crowded investors who want to find a suitable margin management partner to indirectly invest in the crypto market full of profit potential.

Vera Labs crypto investment fund

Team Vera is a gathering of people who love and strongly support the use of cryptocurrencies since 2015. As the Defi wave emerged as a clear trend, we came to a consensus on building a secure, strong blockchain ecosystem aiming to make a common contribution to the development of the industry.

In early 2020, the Vera Master Trade team was formed, bringing together experienced traders to professionally organize crypto trading activities. From the advantage of owning a team of Vera Master Trade, Vera can actively balance the operating budget of the project without having to spend one-way money from the community that has funded it for us. Vera Master Trade is the precursor to the investment fund Vera Labs.

You can follow our transaction history here: https://www.binance.com/en/futures-activity/leaderboard/user?uid=0C1C9CFE75D8381063636C85875272C7

https://www.binance.com/en/futures-activity/leaderboard/user?tradeType=PERPETUAL&uid=73B931D96D067DAA104EFEC7DBBF0F75

We minimize fundraising rounds with low token valuations to reserve unreleased fund tokens for the long-term development plans of the Vera ecosystem. Team Vera Master Trade was originally managed by a group of Vera trading experts with deep expertise in the crypto market proven by a history of good and regular trading. Team Vera Master's average profit margin figures are always greater than 15% per month. This is a great advantage of Vera compared to other startup teams because most of the newly born blockchain projects with a development team focused on technology development spend one-way funds raised from fundraising rounds.

That caused an imbalance in maintenance funds, even some startup teams with innovative ideas had to stop working when there was no longer a maintenance fund.

Vera has just plans to develop Vera Master Trade into a large-scale investment fund under the brand name Vera Labs, setting up portfolio investments that span the crypto space using a fund management strategy similar to the Alameda Research fund. Vera Labs has plans to divide funds into medium and long-term portfolios (investing in new blockchain projects, Defi projects, strategy to buy and hold potential tokens, ect) to combine with daily trading of the Vera Master Trade team. This is a strategy that has been proven effective by the Alameda Research fund - an investment fund founded in October 2017. The fund manages more than $ 100 million of electronic assets and trades from 600 million to 1.5 billion dollar worth of daily assets. With its experience and a complex trading system but effective, Alameda Research is one of the leading names of crypto investment funds and has a great influence on the community.

Vera Labs will select potential startups voted by the Vera community highest on the Vera IDTO Trading & Launchpad platform to establish long-term investments. This mechanism meets two important needs for startups, namely funding for project development and consulting experience of Vera experts.

The development of a decentralized investment fund in the cryptocurrency sector is essential, as the power to run the fund is given to the community through voting and consensus mechanisms using blockchain protocols.

With the decentralized investment fund model, the fund will always be public and transparent, the decision of a portfolio investment will be dominated by the majority of investors, reducing the risks caused by the centralization of the concentrated model, in addition, to take advantage of understanding the majority of investors. However, the journey of decentralizing an investment fund will take a lot of time and the brainpower of the development team.

Team Vera has just plans a partially decentralized to fully decentralized Vera Labs investment fund, giving the authority to manage the fund in the hands of the community that owns the Vera governance token. For middle to long-term investments, Vera Labs will always publish the portfolio on Vera's official website in the same way that the Grayscale Foundation is doing very well. Transparency is the first criterion selected in the process of building the Vera Labs platform

On the Vera Labs decentralized plan, we will report in the next updates to the Vera white-paper

I.3. Using artificial intelligence (A.I) in financial transactions

Artificial intelligence (AI) is an intelligence created by humans to help computers automate intelligent behaviors like humans.

Artificial intelligence differs from programming logic in programming languages ​​by applying machine learning systems to simulate human intelligence in the processes that humans do better than computers. . A.I platforms deployed in the financial sector are exponentially stronger than anything else seen before.

In the financial markets, crowd psychology is clearly shown on the price charts, traders can judge the psychology of the crowd in the future based on past data, thereby making trading decisions with a higher probability of winning than the probability of having to stop loss . From this point of view, developing A.I technology with limited memory capable of using past price data to make future predictions is a highly viable solution. This AI technology combined with the ability to measure the price response at the resistances to predict the possible direction of the price and make trading decisions for the probability of making a profit is always higher than the stop loss.

Since the early 2010s, there have been many studies to offer automatic financial transaction solutions, but this field has not received serious investment from technology companies; today the world still has not yet made progress to rely on AI to replace humans performing financial transactions.

In fact, more than 50% of traders in the financial market lack trading knowledge and experience, leading to them not getting the desired profit, even suffering heavy losses. Moreover, traders have to consume a lot of resources such as time, labor, and support equipment for transaction work, which causes a lot of waste. This is a huge opportunity for tech startups to develop smart automated trading platforms that provide a huge potential user base around the world.

The world's first A.I smart automated derivative trading service Vera Nelo

In the middle of 2020, Vera established the A.I applied research project in the field of cryptocurrency trading. With the original idea of ​​liberating the labor force of the Vera Master Trade team as they have to spend a lot of time on daily trading work, Vera is not completely targeting commercial Vera Nelo platform trade until we get a lot of attention from the crypto traders community.

As we embarked upon the development of Vera Nelo's intelligent automated trading service, we encountered many challenges, including building technological infrastructure and developing a trading method. When Vera Nelo was brought into service to the merchant community, it immediately seemed that our infrastructure was overwhelmed by the limit on the service requests of our liquidity partners Binance Futures. The Vera Nelo's technology engineers solving the API load balancing problem to increase the service capacity of the Vera Nelo to the limitless threshold is a proud technological achievement of the Vera team.

The core value of the Vera Nelo service is still the profit generated for its users. Trading cryptocurrencies have the potential for huge returns but come with high risks, especially in derivative transactions. That requires Vera Nelo's service development process to focus on preserving capital for users before aiming to maximize profits. At the time we perform on this document, the Vera Nelo service has been in operation for more than seven months, proving its ability to preserve capital after numerous volatile crypto markets.

Although Vera Nelo's current average monthly profit of 15% for its users is not attractive compared to trading manually, however, considering the many different aspects, it is a significant number. Vera Labs will use the Vera Nelo platform in the future as a way to reduce the workload of the team of Vera Master Trade experts.

At the moment, Vera Nelo is the only automated trading service in the world offering the ability to trade on the cryptocurrency derivatives market, allowing two-way trading of the market. This lies within Vera's long-term vision to ensure that our service can adapt to all market trends. If it chooses to develop the ability to trade on the spot market, it means conduct one-way transactions, when the market forms a short-term downtrend such as the crypto winter period of 2017-2019, Vera Nelo's deal will experience huge limitations in a transaction.

Although there is still a huge gap in human-computer learning during the development of the Vera Nelo service, coupled with the limitations of current science, with the vision of the development team. And Vera Nelo's current foundation, we strongly believe in the future, the application of AI in financial trading is the inevitable choice of the majority of smart investors

You can experience our A.I Vera Nelo auto-trading service with a variety of options at our website: Verafti.uk

I.4. Vera Wallet e-wallet

Vera Wallet is an unsupervised mobile wallet app that helps people leverage the power of Decentralized Finance (DeFi). This app is meant to be an all-in-one wallet app that allows you to seamlessly store, transact, transfer and earn cryptocurrencies.

Decentralized finance (DeFi) has evolved into an extremely large ecosystem with the majority of existing projects today operating in space. However, we are still in the early days of DeFi and are only just beginning to understand what it means. While it can be very profitable to use DeFi and cryptocurrencies in general, the majority of people don't make huge profits.

First, using Decentralized Apps (dApps) is not easy for everyone. You need certain technical tricks to know how to use it properly. For example, if you are joined in a productivity farming project, you need to constantly test a yield tracking service. If you leave it as it is, you may suffer impermanent loss.

Second, you can never really know the authenticity of a project. There are a lot of scam projects out there with very lucrative profit promises. Unless you are a highly technical knowledgeable user and can test smart contracts to check for security holes, your risk of loss is always high.

Vera Wallet solves these problems by hosting a range of DeFi services in the native application. And you can still browse the dApp browser to use other Decentralized Apps (dApps).

Create your wallet:

You can create a wallet account in less than a minute

You can create and manage as many wallet accounts as you like in one app;

Everything on your wallet is secured with passwords. This includes login credentials, money transfers, a private key export, and etc.

Vera Wallet is a decentralized (unsupervised) wallet and does not store your private keys. You are given a 12-24 word starting stage, during which you can restore/import your account even if you change devices or uninstall apps. You will lose access to your cryptocurrency if you lose this keyword phrase

Dividend payment:

Dividend payment feature will be integrated directly into the Vera e-wallet app. Accordingly, the wallet addresses containing Vera tokens will receive dividends immediately on the Vera e-wallet without spending much time manipulating;

As a way to encourage users to explore the various benefits of the Vera e-wallet application, we have a dividend policy for the Vera token containing wallet addresses Vera tokens on the Vera e-wallet app are 10% higher than if members choose to receive Vera’s dividends through other platforms.

Asset management:

Vera Wallet supports many blockchains such as Ethereum, BSC, and TRON. You can also manually add support for other blockchains.

· You can see a list of all tokens you own right here on the dashboard, with near real-time synchronized prices in the currency of your choice and token image. Tokens will be listed in the chronological order of their prices.

You can send and receive cryptocurrencies easily by using a wallet address or by scanning a QR code.

You get a detailed history of transactions with transaction hashes and the same viewable on explorers.

Swap tokens

You can swap your crypto tokens directly on Vera e-wallet app;

Vera e-wallet collects liquidity from the Vera ecosystem.

Other platforms in the Vera ecosystem mentioned in the roadmap will be reported in detail in the next updates of the Vera white paper.

I.5. Swap trading

VeraDEX is a Decentralized Exchange (DEX) in the Vera ecosystem running on the Autonomous Market Maker (AMM) model. It combines both Automated Market Maker DEX models and DEX aggregation to ensure that traders always have sufficient liquidity for their trades, no matter how large the trade size. The AAM model is successful because the algorithm always quotes you between the 2 assets. The problem here is that when liquidity is low and transaction sizes are large, traders often don't get enough tokens for their money.

Aggregate DEX solves this problem by crawling all the top Decentralized Exchanges to collect liquidity. This also means that you always get the best value for your tokens at a given time.

Liquidity swimming pool

Decentralized exchanges running on the AAM model operate very differently than centralized exchanges (CEX) or exchanges using order books. Normally, on CEXs, there will be an order book system to match buy and sell orders.

For example, if you sell a $100 value of the BUSD for BNB in ​​the BNB/BUSD trading pair, the order book will move your sell order with a buyer willing to buy at that price. This process is not instantaneous and if your order does not match any other counter orders, you will not be able to sell your cryptocurrency.

You can also place an order market, which means the exchange or “market maker” provides liquidity for your trades. The downside of this is that you will have to pay huge transaction fees.

Furthermore, when you buy crypto on centralized exchanges, you don't have full control over your crypto. The private keys for your tokens are stored by the exchange, and they can prevent you from trading and freezing your funds when they want to. These wallets are custodial, which means that the private keys of the token are stored with the custodian (CEX).

Sample AAMs solve this problem using Liquidity Pools. Liquidity pools are smart contracts where ordinary users can provide liquidity for token pairs through a Decentralized Exchange. Liquidity Providers - Liquidity Pools (LP) receive LP tokens in return for providing liquidity. These LP tokens represent their stake in the pool, and each LP token holder receives a portion of the trading fees obtained from other users trading with that liquidity pair, as a reward. Liquidity providers can withdraw their liquidity at any time.

This model works effectively because it can be self-sufficient in the long run as each transaction collects a fee, and in addition to using this fee to incentivize liquidity providers, a portion of the fee is also included in the pool. Liquidity. This ensures that the pool is always liquid.

Vera Wallet Token Swap

As part of the Vera Ecosystem, Vera Wallet users directly have access to Vera liquidity. You can swap tokens directly from the mobile app. This makes the token purchase process seamless by eliminating the need for third-party service providers to a large extent.

Shark tank

Shark Pools are staking pools where you can bet different BSC crypto tokens and earn other cryptos as profit. Staking on Shark Pools is a low-risk, moderate-return option for investors looking to earn some extra revenue from their crypto tokens

To join Shark Pools, users can simply deposit their desired quality in the available Shark Pool. The number of tokens that the user gets as a reward will depend on the type of token staked, the number of tokens staked, the value of the token, the value of the reward token, and emission rates.

Shark Pools will initially run on the "Stake Token, Earn VDT" system. If you have your project, you can sign up for Shark Pool and allow users to stake VDT and Earn your tokens

Shark Pools has no pooling function, except Vera (VDT), which will support manual pooling. The emission rate for VDT tokens will be fully regulated by smart contracts, which will decrease after a certain number of blocks, as will be the APR (Annual Percentage Rate - known as the rate of return). year) of the Pool.

Salmon Farm

Yields cultivated on Vera

Salmon Farms is Vera's yield farm where users can earn Vera Tokens (VDT) by staking their liquidity povider tokens.

Users can provide liquidity for token pairs (e.g. VDT-BNB) in the liquidity pool on Vera or PancakeSwap and stake their LP tokens on Salmon Farms to generate profits. The salmon farm is a moderate risk, high reward opportunity for users.

Users will be able to stake their LP tokens for free, without any deposit or withdrawal fees on all “VDT-Token” LP Pair Salmon Farms. All other LP pair farms will charge a 4% deposit fee. Half of the fee collected for this deposit (50% of tokens from 4% were collected) will be used to buy back VDT tokens and will be burned forever. The remaining half of the margin fees collected will be transferred to the liquidity pools.

This will help reduce the volatility of the VDT token and maintain a good price floor.

The Vera Wallet Salmon Farm will be made available right inside the Vera Wallet and users can stake their LP tokens by navigating to the farms on their dashboard. All farms on Vera DEX will be updated on the Vera Wallet dashboard.

Deposit/loan via vera swap

Vera Ecosystem hosts a Lending platform where users can bet and lend different cryptocurrencies including Vera token (VDT).

This is a mortgage lending system in which users are required to pledge some cryptocurrency as collateral to avail loans (borrows) on the platform.

Lenders” can lend their crypto to an investment fund and receive variable rate interest income.

Borrowers” ​​can borrow money after collateralizing their crypto in the lending pool and are required to return the principal amount plus interest after the specified loan term ends. If the borrower is unable to repay the amount, their collateral in the loan pool will be liquidated.

Cultivation The mortgage action in a loan syndicate is like the lending function and the users who pledge the collateral receive interest on their collateral. Profitable farmers can use this feature to apply their farming strategies, the same way they do on other Lending/Borrowing platforms.


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