VeraOne
VRO
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
VeraOne (VRO) is an asset-backed commodity token issued by French entity CrypCool SAS, led by founder Jean-Francois Faure. While the issuer maintains a legal presence with French regulatory efforts (PSAN registration and planned MiCA filings), the project exhibits substantial operational and market shortcomings. Major market trackers report contradictory pricing (ranging from $0 on major aggregators to $159 elsewhere), near-zero trading volume, and discrepancies regarding whether the underlying reserve is gold or silver. Technical development lacks transparency with no public code repositories or retrievable smart contract audit reports, although CertiK assigns a moderate 'BBB' Skynet score of 62.92. Centralized custody, unverified vault reserve audits, and fully private governance present significant centralization risks. Community Support lacked sufficient data (-1.0) and was excluded from the weighted score calculation. No qualifying red-flag incidents or fraudulent mechanics were affirmatively established, but poor liquidity and data inconsistencies severely limit the asset's viability.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About VeraOne (VRO)
VeraOne (VRO)
Symbol: VRO
Overview
VeraOne (VRO) is a silver-backed digital asset issued on the Ethereum blockchain. Each VRO token represents one gram of physical silver securely stored in audited vaults. By combining the stability of precious metals with on-chain transparency, VeraOne provides a bridge between traditional commodities and decentralized finance.
Key Features
- Silver-Backed Reserve: Every VRO token is fully collateralized by one gram of 99.99% fine silver held in independent, audited vaults.
- On-Chain Transparency: Holdings and issuance records are verifiable on the Ethereum blockchain, ensuring auditability and trust.
- ERC-20 Standard: Compatible with popular wallets, decentralized exchanges, and smart contract platforms.
- Low-Cost Transfers: Peer-to-peer transfers of silver ownership incur only standard Ethereum network fees.
- Global Accessibility: 24/7 settlement without geographic restrictions.
Technical Specifications
| Attribute | Details | |---------------------|---------------------------------| | Token Name | VeraOne | | Symbol | VRO | | Blockchain | Ethereum (ERC-20) | | Collateral | 1 gram of 99.99% fine silver | | Audit Frequency | Quarterly independent audits |
Use Cases
- Digital Store of Value: Preserve wealth with a stable, metal-backed token.
- DeFi Integration: Use VRO as collateral in decentralized applications.
- Cross-Border Transfers: Settle value globally without traditional banking rails.
VeraOne (VRO) is a non-security digital token representing ownership of physical silver. Always conduct your own due diligence before interacting with blockchain assets.
