Vemanti Group Inc., a Nevada corporation with headquarters in Newport Beach, CA. Post-revenue and cash-flow positive, the Company is technology-driven with a pure focus on blockchain-based innovations. It drives growth through investment and acquisition of early-stage companies with potential for explosive growth in the US and global markets. Its investment targets are startups with blockchain‐based products and services, especially FinTech and E‐Commerce solutions. The Company is also capable of developing new subsidiaries of its own.
About Vemanti Group Founded in 2014, the Company is publicly traded on OTC Markets (OTC: VMNT). Its goal is to be a multi-asset technology holding and investment company focused on the emerging markets of blockchain-linked products and services with projected strong growth in the next few decades. Vemanti makes it easier for entrepreneurs to be part of a public company and for smaller investors to penetrate opportunities in emerging technologies without going through Private Equity or Venture Capital funds. With Vemanti being a publicly-traded company, anyone can now access investment opportunities in innovative startups or small companies through its portfolio with a viable exit plan.
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What Is Blockchain Technology?
At a very high level, blockchain is simply a digital decentralized ledger that keeps a record of all transactions that take place across a peer-to-peer network. Information will no longer be centralized and controlled by a third-party. Blockchain is the technology that enables the existence of cryptocurrency, among other things. Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. It is also the backbone of numerous other cryptocurrencies such as Ethereum and Litecoin. A cryptocurrency is a medium of exchange, such as the US dollar, but is digital and uses encryption techniques to control the creation of monetary units and to verify the transfer of funds. As an underlying technology, blockchain has potential applications far beyond Bitcoin and cryptocurrency. Globally, companies and financial institutions are actively exploring how they could also use blockchain technology to build next-generation business software.
Tan Tran, CEO of Vemanti, stated “Like the internet before it, blockchain promises to upend business models and disrupt industries.” He further described blockchain technology as a foundational technology, thus making it their technology focus, and also indicated they’re planning to invest in Bitcoin, Litecoin and Ethereum as part of their blockchain-focused strategy. The Company’s goal is to become part of the blockchain ecosystem early on, primarily focusing on FinTech and E-commerce applications where business-to-consumer, consumer-to-consumer and business-to-business transactions can be conducted using cryptocurrency.
Cryptocurrency and blockchain technology will become an irreversible trend. Already, they are changing the future of the digital economy. Besides pursuing growth opportunities in early-stage blockchain projects, the Company is planning to start applications development of its own. Vemanti has a unique advantage when it comes to execution. The Company’s business structure allows it to utilize a vast pool of affordable and brilliant blockchain developers from Vietnam who have made the leap toward Bitcoin adoption and its core technology for quite some time now. The principle behind this strategy is to benefit from low-cost product development expenses and faster time-to-market.
Why Utilize Talent From Vietnam?
Vietnam, the “New China”, is Vemanti’s primary source for tech talent in the realm of blockchain technology. Increasing blockchain activity there has produced a large pool of talented developers and entrepreneurs. The Company has extensive relationships with the blockchain and cryptocurrency developer community in Vietnam. Plus, the country has many positives:
- Deemed “Asia’s Next Tiger”, the country ranks among the world’s fastest-growing economies. Its GDP growth since 1990 is second only to China and on track to become one of the world’s biggest economies by 2050.
- It’s becoming a key economic and geopolitical partner for the United States in Asia. All US Presidents in office since 2000, including the current one, have visited and held strategic talks with Vietnam.
- It’s big and underserved by US-based venture capital firms. Vietnam has 96 million people, more than California, New York, and Florida combined, and nearly 50 million of them are on the internet.
- With a young and well-educated workforce, Vietnam offers plenty affordable tech talent at 70%-90% cheaper than the US. Potential to be “Silicon Valley” of Asia, it’s already a preferred outsourcing destination for global firms.
- Vietnam’s emerging tech startups are making it a priority to adopt blockchain technology and the use of cryptocurrency to produce brilliant FinTech and E-Commerce global solutions. With its ground-level relationships, the Company is well-positioned to engage with them early.
The Company’s core team has solid Silicon Valley and M&A experience along with extensive knowledge in creating, guiding, and growing great technology businesses. All team members have solid educational and professional background. Mr. Tan Tran serves as the Company’s Chairman and CEO.
The rest of the team consists of:
Matthew McMurdo – General Counsel
Rachel Boulds – CFO
Richard Oravec – Investor Relations
Fred Thiel – Board Member
Benjamin Tran – Advisory Chairman
Chau Le – Advisory Member
Nguyen Huynh – Advisory Member
Dang Khoi – Advisory Member
Finn Johnson – Advisory Member
About the Author
Stuart Smith is the CEO and Founder of SmallCapVoice.com. SmallCapVoice.com. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit https://www.smallcapvoice.com/the-small-cap-daily-small-cap-newsletter/