Registration for the Verida Storage Credit Community Pre-Sale is now open to whitelisted community participants.

Verida will be hosting our Community Pre-Sale of Verida Storage Credits (VDA) on 28th February 2024, through leading token launch platform, Tokensoft. This marks the first stage of the launch of VDA.

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Update: Due to overwhelming demand for the Verida Community Pre-Sale we have added a second Early Adopters Round to give all community members an opportunity to participate.

The first round of the pre-sale will be a priority round for Verida Community members who earned a place on the whitelist and were included in the initial snapshot.

These whitelist members will be able to purchase between $100 and $500 of Verida Storage Credits between 28th February 2024 (9am UTC) — 1st March 2024 (9am UTC). The adjusted pool of $100,00 purchase limits will allow all registered participants an allocation in this round.

Early Adopters re-Sale Round: We are introducing a second round (Early Adopter Round) for all new Verida new community members who have recently joined and did not have the opportunity to be included in the initial snapshot. This will be another $100,000 round with We will announce the date of the Early Adopter Round closer to the time of the final snapshot.

You can earn your spot in the Early Adopter Round by downloading the Verida Wallet, earning 200XP on Verida Missions and submitting your wallet address.

This allows us to show our appreciation to Veridians who’ve been with us from the start by giving them first opportunity, while also making sure the new wave of Verida enthusiasts joining our community have a chance to acquire Verida Storage Credits before the token goes live.

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Verida Storage Credit Community Pre-Sale Details (Priority)

Here are some key details about the Community Pre-Sale and the VDA token.

• Registration Window: 15th February 2024 (12am UTC) — 27th February 2024 (9am UTC)

• Pre-Sale Date: 28th February 2024 (9am UTC) — 1st March 2024 (9am UTC)

• Token Price: US$0.05

• Lockup and Vesting: 25% unlock at listing, followed by 3 months of monthly linear vesting

• Minimum Purchase: 2,000 $VDA Tokens (US$100)

• Maximum Purchase: 10,000 $VDA Tokens (US$500)

• Blockchain: Polygon (PoS)

• Funding Methods: USDT, USDC

• Total Amount: US$100,000

The pre-sale will be first-come-first serve.

Please note that only users who have successfully passed KYC will be able to participate in this pre-sale. Terms and conditions apply and are available on our token sale page.

Excluded Participants: China, Congo, Cuba, Iran, Iraq, North Korea, Libya, Somalia, South Sudan, Sudan, Syrian Arab Republic, United Kingdom, United States, Yemen.

How To Know If You Are Whitelisted?

As part of the community pre-sale, active members of the Verida community will get early access to the VDA token so they can begin contributing to the Verida data economy.

Insert your wallet address and Verida DID into our Whitelist Checker (https://www.verida.network/whitelist), to check if you are eligible to participate in the sale.

Wallet addresses included in the snapshot have met the criteria for the whitelist as outlined in the whitelist announcement article.

Eligible wallet addresses are now able to access our registration event for the community pre-sale.

1. Visit our Whitelist check page to see if your wallet is on the Whitelist: https://www.verida.network/whitelist
2. If you are, please follow the link to the Pre-Sale registration page and complete the KYC identity verification through Tokensoft.
3. Do the following to make sure you don’t miss our upcoming announcement for the pre-sale date:

• Turn on your Twitter Notifications for Verida

• Subscribe to the Verida Announcements Channel on Telegram

• Subscribe to our mailing list here

Tokenomics

Verida is making available 2.5% of the VDA token supply for the public pre-sale of Storage Credits to the Verida community and node operators.


This allocation will be utilised across the Community Pre-Sale, Foundational Storage Node operators, and upcoming launchpad events.

Read more about the Verida Storage Credit token (VDA) in our community docs and on the VDA token webpage.

VDA powers the first private data DePIN

DePINs are helping build the community-led creation and operation of public infrastructure. Verida is a layer zero DePIN ecosystem that combines the performance and privacy of traditional databases with user controlled keys for complex DApps. It enables a decentralized private data storage layer for the new self-sovereign data economy.


The Verida Storage Credit Token (VDA) serves to coordinate resources in this new data-based economy. The network rewards infrastructure operators who supply storage capacity, and end users who bring their personal data onto the network. Users and applications can utilize credits to store and exchange data across the network.

As users connect more data, there’s more aggregate value for both the user and network. The value of user data increases as it becomes denser.

Read more about the Verida Storage Credit token (VDA) in our community docs and on the VDA token webpage.

Fast, low cost, decentralized storage infrastructure for the next billion users

Database storage will be a $200b market by 2027. The global market for database management services in web2 was $82.5B in 2021 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.

Global regulations demand privacy by design, by default. Regulations such as GDPR are forcing companies to rethink how much data they keep on customers. Big tech companies are being forced to give users their data, but there is no infrastructure to enable this at scale.

Current decentralized data storage solutions are not suitable for storing or managing private personal data. They are slow, expensive and don’t give users true sovereignty over their data.

Verida’s physical storage node infrastructure provides private encrypted databases, user control over where and how their data is stored, real-time synchronization, permissioned data access, and client-side encryption.

This approach ensures decentralization of private data, as well as decentralized control, but without the added shortcomings of uncontrolled public distribution.

Verida’s Funding History

Verida has raised a total of $3.8m in funding since its inception.

This includes participation from a number of VCs, funds and angel investors including Gate Labs, Amesten Capital, Capture Alpha, Evan Cheng, Bison Fund, Qwerty Fund, GBV Capital, Launchub, HASH CIB, Whitepaper Capital, O-DE Capital Partners, Polybius Capital, Decision Tree Capital and Sigmoid Venture Capital and more.

Read about our seed round raise here. The investment followed Verida’s participation in Coinlist Seed Spring Batch and the Open Web Collective. Verida received grant funding from Open Web Collective and NEAR Foundation in 2022.

The growing Verida ecosystem

Verida is not enabling the personal data ownership vision alone. A growing ecosystem has emerged to contribute new capabilities and extensions to the infrastructure stack.

We’ve been working with key partners across web3, crypto and identity and data ecosystems to bring privacy-preserving decentralized technology to the world.


On December 28th, 2023, Verida Mainnet officially went live, marking the arrival of the first private self-sovereign data network for web3. A new layer zero DePIN providing secure and encrypted database infrastructure for users to own and control their private data.

This was a significant milestone, that coupled with the upcoming launch of the Verida Storage Credit token (VDA), unlocks an exciting roadmap of releases for 2024 and beyond.

About Verida

Verida is a pioneering decentralized data network and self-custody wallet that empowers users with control over their digital identity and data. With cutting-edge technology such as zero-knowledge proofs and verifiable credentials, Verida offers secure, self-sovereign storage solutions and innovative applications for a wide range of industries. With a thriving community and a commitment to transparency and security, Verida is leading the charge towards a more decentralized and user-centric digital future.

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