Verida (VDA)

IDO

Last updated: Apr 03, 2024

Take control of your private data with Verida – A self-custody web3 wallet with decentralized identity, ZK credentials, data storage + crypto. Manage your private data on an encrypted, decentralized, self-sovereign database network.

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Overview

Project industry	Exchanges & Wallets
Product type	Platform
Whitepaper	Open

What is Verida

The Verida Network creates a decentralized and hyper-efficient tokenized data economy for personal data. It gives users unparalleled control and ownership over their personal information.

The Verida Network is a decentralized public infrastructure network (DePIN) providing secure and private database storage for users to own and control their private data.

The Verida Storage Credit Token (VDA) creates a data economy enabling secure interactions between accounts to facilitate secure data storage, trusted sharing and fast querying. Users can spend credits to store and exchange data across the network. Storage node operators can stake VDA to provide storage capacity to the network, secure private data and get rewarded.

Details

IDO (SidusPad): TBA - TBA
IDO (Decubate Launchpad): TBA - TBA
Token supply: 1,000,000,000 VDA
Raised: 500,000 USD

Legal

Registration year: 2021

Token info

Ticker: VDA
Type: Utility-token
Token distribution:
Communiry Incentives - 20.0%
Network Growth - 20.0%
Seed Round - 10.0%
Strategic Round - 1.8%
Public Token Launch - 2.5%
Advisors/Service Providers - 2.0%
Founders + Team - 22.0%
Community Reserve - 21.7%