Verida on AITECH Pad!

➡️ Ticker: $BLAZE
💹 Listing Price: $0.0004 USD USDT
🔐 20% TGE, 1 Month Cliff, 5 month Linear
📅 Listed on April 25 2024

Introduction

Verida is developing the world’s first private self-sovereign data DePIN for Web3.

The Verida Network provides secure and private database storage for users to own and control their private data.

Verida has developed the first private self-sovereign decentralized database storage network and has built a leading mobile wallet that supports zk proofs, crypto, identity, data storage and encrypted messaging.

Key Points

🔐 Secure, encrypted, private database storage for users to own and control their private data.
🔋 The Verida Storage Credit Token ($VDA) the native utility token, facilitating secure data storage and economic protocol incentivisation on the Verida Network.
🔑 Verida Wallet is the world’s first self-custody mobile application that brings data, Zero-Knowledge and crypto wallet into one mobile app.

🌎 Market: Database storage will be a $200b market by 2027.

The global market for database management services in web2 was [$82.5B in 2021](https://www.grandviewresearch.com/industry-analysis/enterprise-data-management-market) and is expected to reach $235B by 2027 with a 14% CAGR. Verida’s DbStore solution, which powers the Verida Network, is a NoSQL document database. Akin to MongoDB (NASDAQ: MDB), but decentralized. As a point of reference, MongoDB commands a formidable $20bn market capitalization (end May 2023).

🚀 Traction

📈 Mainnet launched (Jan 2024). Acacia Testnet launched (Jun 2023)
📈 50k+ identities, 15 storage nodes deployed globally.
📈 25,000+ on waitlist for launch of Verida One (Q2–2024)
📈 T1 Exchanges and Partners Lined up
📈 150 storage node operators in in the pipeline for foundational node operator launch

💰Investors & Raise Info

✅ Raised $3.8M to date (Seed & Private Closed)
➡️ Successfully completed 2x community sales, KOL round 3x oversubscribed

📖 Cap Table:

Gate Labs, Hash CIB, Ellipti, Launchub, Evan Cheng (Mysten Labs/Sui cofounder), Amesten Capital, Meld Ventures, GBV Capital (Leslie Tam, cofounder), Moonwhale & more.

🤝 Partners

Polygon ID, zkPass, Synaps, Redbelly Network, FinClusive, cheqd, inDAO, Nillion, Partisia Blockchain, NEAR + more