VeriME Blog — 4th May 2018

5 min readMay 4, 2018

Hello VeriME community,

Firstly, we would like to thank all our participants for making VeriME ICO a success. With huge support from our participants, we have achieved a sale of over 108 million VeriME tokens and raised funds worth US$21.72M. It’s been a long and eventful journey; however, this accomplishment has made it all worthwhile.

VME Token Statistics and Recap

Here is a recap of our token sale success story to date: -

Total Supply: 398,297,345.34*
Total VME Tokens SOLD: 108,626,548.73
Total Bonus Tokens Issued: 37,882,623.82
Total Bounty: 3,258,796.46
Total Tokens Burned : 600,000,000

*rounding off to 400M VME token supply. Additional tokens (1.7M) will be used for Exchange listing purposes and promotional activities.

The main contributors of VME tokens are from Europe 34.7% followed by Vietnam 33.8% with just 1% difference. Subsequently, Singapore VME contributors stand at 11.0% followed by India 9.3%; Middle East 6.6%; Asia 3.2% and last but not least Australia and NZ at 1.2%.

We are trading on HitBTC!

VeriME team takes the pride in announcing that our VME Tokens were listed by HitBTC exchange listing on 30th April 2018. HitBTC is known to be one of the most advance, multi-faceted cryptocurrency trading and exchange platform in the Crypto Market since 2014. It is known for its great security features; a dependable and Stable API; user-friendly interface; extensive range of crypto tools, features and many more advantages for new and advance cryptocurrency players.

Maritime Bank to use VeriME solution!

We are very very proud to announce that Maritime Bank is the 3rd Banking/Financial Institution in Vietnam to partner with VeriME.

VeriME has existing partnerships with Military Bank and CFC, with a total of more than 5 million addressable customer opportunity for its Verification As a Service [VaaS] platform.

It is evident that Maritime Bank’s is excited to partner with VeriME and leverage their blockchain based VaaS platform for performing KYC and Payment Authentication for their customers. They also believe in VeriME product, and most importantly our compliance with Data Sovereignty and local PDPA laws.

For more information, click the link below.

https://www.coinspeaker.com/2018/05/01/maritime-bank-chooses-verime-verification-partner/

VeriME to provide KYC and Advisory services to Bettium

We are pleased to announce Bettium, a decentralized analytical platform for P2P betting, has chosen VeriME to enable seamless and end-to-end KYC solution as part of their Token Generation Event. As Bettium plans to conduct an ICO in 2018, they understand the necessity and importance of a proper KYC/ AML procedures to ensure that they can fully account for the funds that they raise. This is where VeriME comes in place as a KYC provider. Bettium chose VeriME’s KYC to on-board their ICO participants in a safe, transparent, and hassle-free manner. What secured the deal for VeriME was their user-friendly KYC mechanism and the fact that the entire VeriME platform is PDPA complaint. VeriME is also proud to have Bettium on board as one of our valuable partners. We’ve been looking into the niche being pioneered by Bettium and were delighted when a partnership between us was inked.

Please click here for more information.

New Exchange Listing — CoinBene!

VeriME participants who were eager to know the other cryptocurrency exchange listings for VME tokens, here is a great news!! We are delighted to announce that starting from 7th of May 2018 8PM Singapore Time, VeriME will be traded on CoinBene exchange. Deposits will be accepted from 7th May 3PM Singapore Time. Click here for more information.

CoinBene is a leading Singapore based global top digital asset listing, which is known to be highly secure and reliable. Their offices are stationed across the globe with users spread across 150 countries around the world. Additionally, CoinBene also provides user-friendly, multilingual support over a range of other useful services. CoinBene Exchange was launched in November 2017. Within a short span of time CoinBene was listed as the Top-20 exchanges with 24hour trading volume. They have also been rated as the largest exchange platform in South East Asia who are trading over 35mil USD daily.

This is definitely a huge accomplishment for VeriME team who is constantly looking into listing the VME tokens in the best exchanges, keeping VME participants interest in mind!

Bonus to all Participants

First tranche will be 5% and tokens will be airdropped to contributors’ wallet addresses before 7th May 2018 3PM Singapore Time. This Bonus is applicable to all VME holders who bought the tokens during the Crowdsale and new participants who bought the tokens from HitBTC. Stay tuned on our official telegram channel for daily updates.

Bounty Distribution

Bounty distribution for BitcoinTalk Bounty participants and Airdrop participants will happen post CoinBene exchange listing. We will keep you posted on the progress through our Telegram ANN channel.

Whilst we are extremely busy with post ICO activities, here is what our Team is doing:

We have kicked off Blockchain Product Development… Here is a sneak peak on what’s cooking at our Development Center!!! Can’t wait to launch VeriME with Military Bank, Maritime Bank, CFC, VETC, eBay and all other partners in Vietnam in coming months!

Here is our Team!!