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Vera Labs
United States
- San Francisco, CA
- 20/08/2021
- Seed
- $3,000,000
Vera Labs is a United States fintech company behind the development of Vera, a DeFi protocol that enables rentals, lending, and buy now pay later for NFTs on any blockchain. Vera’s vision is to increase the gross domestic product of Web3 and empower communities by allowing anyone to easily share and monetize their NFTs. If Bitcoin (BTC) is the new digital currency for electronic cash payments that replaces the need for banks, then Vera coin is the new digital currency for NFT transactions that replace the need for escrows or intermediaries. Vera Labs enables brands, creators, metaverses and institutions to implement utility and DeFi use cases with NFTs such as memberships and loyalty programs in a retail consumer-friendly and compliant manner. Vera executives have an extensive track record of developing blockchain technologies for a wide range of clients such as NASA, Northern Trust, Daikin, Barett Jackson and Hollywood Oscar Award-winning actors.
- Industry Financial Services
- Website https://veralabs.com/
- LinkedIn https://www.linkedin.com/company/vera-labs/
Related People
Denis LamFounder
United States -
San Francisco Bay Area
Denis is the CEO of VitaBowl, a food + tech startup, and CEO of Vera Labs, a FinTech startup that provides decentralized financial solutions via NFT and Web3 technology. Denis is originally from Silicon Valley, California and has over a decade of cross-functional experience as a full-stack product engineer, entrepreneur, and advisor for several technology startups, Fortune companies, and blockchain-centric venture capital firms. Previously, Denis was part of the founding team that built a two-sided marketplace in telehealrh with medication fulfillment and insurance claims automation which scaled to 30+ states and over $100 million in 12 months.
In the crypto space, Denis has been involved since 2017 as an investor, advisor, and entrepreneur for several successful projects. He was an early supporter of Layer 1 projects such as Tomochain, Solana, and Hedera Hashgraph, and crypto lending platforms such as Nexo. Previously, he also founded a boutique blockchain and NFT consulting agency with several notable achievements such as:
* Being 1 of 2 firms (out of 1,000+ global applicants) that won the opportunity to build blockchain PoCs with Fortune companies in the Plug and Play global accelerator.
* Won the opportunity to architect and develop blockchains for Northern Trust (the #4 bank in the world with $14 trillion+ in assets), BitRail (PayPal for compliant crypto payments), Kodak One (media asset IP-management blockchain), a major e-commerce marketplace, and NASA.
* Developed and launched the first Hollywood movie NFT earlier this year with Oscar-award winning actor Anthony Hopkins.
* Won a grant from Web3 Foundation earlier this year to build NFT smart contracts.
Denis has a degree in Biotechnology Engineering from University of California, Berkeley and is currently based in various places in the Pacific West Coast.
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