Vetri: Self-Sovereign Digital Identity and Personal Data Management Platform

What is Vetri

Friends, imagine your personal data—such as your shopping preferences, browsing habits, health information, and more—being like the spare change in your pocket. Right now, many companies take this data for free, even profiting from it, while you remain unaware and receive no benefit. Vetri (project abbreviation: VLD) is like building a personal data bank and exclusive marketplace just for you.

Specifically, Vetri provides a “data wallet,” which you can think of as a highly secure digital safe for storing and managing all your personal data. Even cooler, it features a “data marketplace” where, just like selling goods in an online shop, you can sell portions of your data (of course, anonymized to protect your privacy) to research institutions, businesses, or marketers who need it. Most importantly, you are the sole owner of this data, with full control over who can use your data and for what purpose.

Vetri (VLD) itself is a crypto digital token based on the Ethereum blockchain. You can think of it as the “currency” circulating within this data marketplace, used to facilitate transactions between users and data consumers, and as a unit of value.

Project Vision and Value Proposition

The core vision of the Vetri project is to empower every citizen globally to have a trustworthy digital identity and full control over their personal data in the digital age.

The core problem it aims to solve is: In today’s internet environment, our personal data is often collected, used, and even abused without our knowledge, while we as the data owners have little say, let alone benefit from it. Vetri’s goal is to return control of personal data to each user.

Vetri’s value proposition is reflected in several aspects:

• For ordinary users: You can conduct online transactions securely and seamlessly while protecting your sensitive personal data. More importantly, you can monetize your personal data in a fully controlled and secure way—that is, earn money by selling your data.
• For data consumers (such as businesses, researchers): They can directly access reliable, anonymized user data in a compliant and cost-effective manner. This provides a high-quality, guaranteed data source, avoiding the gray areas of traditional data acquisition.

This project was originally founded by Procivis AG in Switzerland in October 2016. Procivis itself is also committed to working with governments to help them issue digital identities.

Technical Features

The Vetri project is built on the well-known Ethereum blockchain platform. You can think of Ethereum as a massive, open, and transparent digital ledger, where all programs and transactions are protected by cryptography and are difficult to tamper with.

Its core technical concept is to develop a fully user-controlled digital identity and personal data platform based on blockchain, called “VALID.” This means your digital identity and data are no longer fully controlled by a centralized institution (like a big company), but are instead decentralized on the blockchain, with you holding the keys. It’s like having a unique key to unlock your own digital safe.

Vetri mainly consists of two parts: a data wallet and a data marketplace. The data wallet is responsible for data storage and management, while the data marketplace handles data transactions. To protect user privacy, data is anonymized during transactions.

On GitHub, Vetri also has a public code repository, which includes the “VLD token smart contract” and other content, indicating that its core token functionality is implemented via smart contracts.

Tokenomics

The token of the Vetri project is called VLD, and it runs on the Ethereum blockchain.

• Token symbol: VLD
• Issuing chain: Ethereum
• Total supply: Approximately 449,848,164 VLD.
• Current circulating supply: As of November 21, 2025, about 369,021,637 VLD are in circulation. However, note that CoinMarketCap states the team has not yet verified the project’s circulating supply, and the project team once reported a circulating supply of 0 VLD. This inconsistency in data is something investors should pay special attention to.
• Token utility: The VLD token is the “universal currency” in the Vetri data marketplace. It is mainly used for data transactions between users and data consumers, and as a unit of value. Additionally, some platforms (such as Bitget) mention that VLD can be used for arbitrage trading and staking to earn returns, but this is usually provided by third-party platforms, not a core function of the Vetri project itself.
• Token issuance: The Vetri project conducted its initial coin offering (ICO) from February 23 to March 16, 2018, raising a total of $10.73 million, selling about 153 million Vetri tokens at $0.07 each.

Team, Governance, and Funding

• Core team: The Vetri project was founded by Procivis AG in Switzerland in October 2016. During the ICO, core team members included Daniel Gasteiger, Krzysztof Adam Górski, and Patrick Graber.
• Governance mechanism: The white paper states that its content does not constitute a binding commitment for Procivis AG or “the foundation once established.” This suggests that governance may be handled by a foundation in the future, but no detailed governance model information is currently available.
• Funding: The Vetri project successfully raised $10.73 million through its ICO in 2018.

Roadmap

The currently available Vetri white paper (v2.0) mainly outlines the project’s vision and current concepts. In public information, we did not find a detailed, timeline-based list of major historical milestones and future plans. The white paper also clearly states that its content may be updated or modified.

This means that for Vetri’s future development direction and specific implementation plans, you need to refer to its latest official announcements or updated white paper for more detailed information.

Common Risk Warnings

Investing in any cryptocurrency project comes with risks, and Vetri is no exception. Here are some common risks to pay special attention to:

• Technical and security risks: Blockchain technology itself is still in its early stages, and the technology used by Vetri may also face challenges, competition, and a constantly changing environment. Smart contracts may have vulnerabilities, and network attacks may occur.
• Economic risks:
  • High volatility: As a cryptocurrency, VLD is highly volatile and may not be suitable for all investors.
  • Market uncertainty: The future value of any cryptocurrency is difficult to predict and is influenced by many factors, including macroeconomic policy, government regulation, technological advances, market sentiment, token circulation, and the development of the project ecosystem.
  • Insufficient liquidity: Currently, Vetri tokens are not actively traded on major cryptocurrency exchanges (whether centralized or decentralized), and may not even be directly purchasable. This means you may have difficulty buying or selling VLD, or the trading price may not be ideal.
  • Inconsistent circulation data: There are discrepancies between the official reported circulation and data shown on third-party platforms, which may affect the market’s assessment of the token’s value.
• Compliance and operational risks:
  • Regulatory uncertainty: Regulatory policies for cryptocurrencies are still evolving worldwide, and future policy changes may have a significant impact on Vetri’s operations and the value of the VLD token.
  • White paper disclaimer: Vetri’s white paper clearly states that its content is for reference only, does not constitute an offer to sell or buy securities, and is not investment advice. Statements in the white paper are based on current beliefs and expectations and may change in the future due to unforeseen events.

Please be sure to conduct thorough personal research and make decisions based on your own risk tolerance. The above information does not constitute any investment advice.

Verification Checklist

When researching the Vetri project in depth, here are some key pieces of information you can verify yourself:

• Block explorer contract address: You can check the VLD token’s smart contract address on the Ethereum block explorer (such as Etherscan):
  0x922ac473a3cc241fd3a0049ed14536452d58d73c
  . Through this address, you can view the total token supply, holder distribution, and all transaction records to ensure information transparency.
• GitHub activity: Visit Vetri’s GitHub page (
  github.com/VETRI
  ) to check the update frequency of its code repositories, commit records, and community contributions. An active GitHub usually means the project is under continuous development and maintenance.
• Official website: Visit Vetri’s official website:
  https://vetri.global/
  for the latest project information, announcements, and team updates.
• Social media and community: Follow Vetri’s official accounts on social media such as Telegram to learn about community discussions and project developments.

Project Summary

Vetri (VLD) is a blockchain project aimed at revolutionizing personal data management and monetization. By providing a user-controlled “data wallet” and “data marketplace,” it enables users to manage their data like personal assets and, under privacy protection, sell anonymized data to interested businesses and research institutions for profit.

The project is based on the Ethereum blockchain and raised over $10 million through an ICO in 2018. Its core vision is to give users full control over their digital identity and personal data.

However, it should be noted that Vetri tokens (VLD) currently have low liquidity and are not actively traded on major exchanges. There are also some inconsistencies in the data regarding token circulation. As a blockchain project, it also faces the inherent high volatility of the cryptocurrency market, regulatory uncertainty, and risks brought by technological development.

Overall, Vetri proposes a potentially promising solution to the current challenges of personal data privacy and value distribution. But for anyone interested, it is strongly recommended that you conduct in-depth research yourself and fully understand the risks involved before making any decisions. Remember, this is not investment advice.