Veridium
Veridium
Token: VRD


Seamlessly Reduce the World’s Carbon Footprint

ICO dates
Start date: 2018-10-01
End date:

Registrated in: Hong Kong

Platform: Stellar
Type: Stellar

PREMIUM ICO

Veridium categories
Business services Cryptocurrency Energy Infrastructure Internet Investment Platform Smart Contract
Veridium token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA, China
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Random whitepaper excerpts

Unlocking the World’s Environmental Asset Markets
Abstract
Veridium is creating a tokenized marketplace for natural capital (environmental) assets, beginning
with carbon credit assets. By tokenizing carbon credits into fungible assets that have liquidity on
an enterprise grade platform, Veridium will bridge multiple liquidity pools: corporate traders &
end-users, traditional commodities trading markets and market makers, as well as the crypto-
currency community.
Natural Capital Assets
Natural Capital is an emerging asset class that constitutes a broad range of environmental assets,
usually in the form of financial instruments called “environmental mitigation credits”. The most
mature sector of this environmental asset class is the carbon emissions credit market. Other
sectors include water assets, in the form of water rights and water credits, as well as biodiversity
credits and conservation landbank easements. Currently, the estimated value of the
environmental credits markets wo...

Unlocking the World’s Environmental Asset Markets
The environmental assets backing the CARBON stable token have intrinsic value,
derived from an emerging asset class of commodities essential for life such as air,
water and forests. These assets all have a finite supply and represent the only
asset class with existential value.
The environmental assets behind the CARBON token are held in trust by the
Canadian non-profit Veridium Foundation, overseen by an independent board. The
assets can also be independently verified by anyone in real-time by viewing the
Veridium Foundation’s registry account on internationally recognized registries
such as the IHS Markit Registry and the APX Registry.
These unique attributes make CARBON a stable store of value for traders wishing
to safeguard value and also the most versatile tool available to corporations
wishing to hedge their future carbon liabilities.
Through the use of CARBON as a stable token and as a corporate hedge, the
Veridium communit...

Unlocking the World’s Environmental Asset Markets
Disclaimers
The attached whitepaper is meant to describe the currently anticipated plans of Veridium and its
affiliates (together, “Veridium”) for developing a new blockchain token mechanism (“Token”) that
will be used on the network sponsored by Veridium (“Network”). Nothing in this document should
be treated or read as a guarantee or promise of how Veridium’s business, the Network, or the
Tokens will develop or of the utility or value of the Network or the Tokens. This whitepaper
outlines Veridium’s current plans, which could change at its discretion, and the success of which
will depend on many factors outside Veridium’s control, including market-based factors and
factors within the ecological and cryptocurrency industries, among others. Any statements about
future events are based solely on Veridium’s analysis of the issues described in this document.
That analysis may prove to be incorrect.
This document does not constitut...

Unlocking the World’s Environmental Asset Markets
Contents
Abstract ........................................................................................................................................................2
Disclaimers ...................................................................................................................................................4
Contents .......................................................................................................................................................5
Executive Summary ......................................................................................................................................7
A New Global Economic Model ................................................................................................................7
Opportunity ..............................................................................................................................................8
Problem .....................................

Unlocking the World’s Environmental Asset Markets
Jim Procanik - Executive Director, Veridium Foundation ...................................................................21
Board of Advisors, Veridium Labs...........................................................................................................22
Matthew Le Merle..............................................................................................................................22
Joel Telpner, Legal Advisor .................................................................................................................22
David Lee ............................................................................................................................................22
Shandi Modi .......................................................................................................................................23
Hazem Danny Nakib ..........................................................................................................................

Unlocking the World’s Environmental Asset Markets
Executive Summary
Veridium is an environmental fintech company focused on unlocking a trillion-dollar
asset class – Natural Capital
Veridium is working to provide a solution that goes well beyond climate change and sustainability
to transform the way we price and consume what is potentially the world’s largest asset class -
Natural Capital. Led by the founders of one of the leading global carbon credit producers, Veridium
is introducing a tokenized marketplace for environmental assets, including carbon credits,
together with an integrated technology solution for corporate tracking of their environmental
impacts and mitigation.
Veridium will greatly facilitate the accounting of carbon liabilities and offsets, as well as the
purchase, trade, and retirement of carbon credits. Carbon credits are tradable certificates that
negate the impact from emitting one tonne of carbon emissions by financing a project that
absorbs or avoids the release ...

Unlocking the World’s Environmental Asset Markets
The issue of climate change and the rapid growth of carbon markets is the first attempt to price
environmental assets and to embed the cost of environmental impact into the price of the goods
and services we consume.
Blockchain technology has the ability to utterly transform the world’s unsustainable economic
model and Veridium is leveraging that technology to do just that.
Veridium is leveraging the scalability of the capital markets, large corporations and mass
consumer markets as the primary engine for the transition to a regenerative economy and unlock
the full value potential of should be the world’s largest asset class – Natural Capital.
Opportunity
Currently, there are two carbon markets. The “Compliance” market is mandated by governments,
where large emitters such as utility plants must offset their emissions through a government
allowance scheme, supplemented with carbon offset credits. These allowance certificates and
ca...

Unlocking the World’s Environmental Asset Markets
Problem
Carbon Accounting
Measuring the carbon footprint of even a single product (among thousands) involves quantifying
the emissions impact of each and every input in a manufacturing process across complex global
supply chains. This is a daunting and costly undertaking, and this level of granularity has no
assurance of accuracy.

Corporate carbon accounting and offsetting is currently a manual process. These
processes are time-consuming and costly and the level of granularity seldom produces
certainty.

Measuring even broader environmental liabilities, such as deforestation, biodiversity loss,
water consumption and social impact, adds almost insurmountable complexities and
related costs.
Carbon Purchasing
Once impacts have been quantified, companies are confronted with a myriad of carbon standards,
various classes of carbon credits, grades within those classes, and a wide range of vintages and
ex...
Todd Lemons
Todd Lemons Chairman

Jim Procanik
Jim Procanik Executive Director

Neslihan Feradov
Neslihan Feradov Director of Strategic Partnerships & Marketing

Cameron Balahan
Cameron Balahan Chief Technology Officer

Scott Hogge
Scott Hogge VP of Engineering

Brian Kelly
Advisor Brian Kelly

Joel Telpner
Advisor Joel Telpner Special Advisor, Legal

Alan Laubsch
Alan Laubsch
Natural Capital Markets
Jaron Lukasiewicz
Jaron Lukasiewicz
Strategic Advisor
Advisor
Former CEO of Coinsetter (sold to Kraken)
Former CEO of Coinsetter (sold to Kraken)
CEO @ Autonomos Capital and Coinsetter Coinsetter
Joel Telpner
Joel Telpner
Special Advisor, Legal