Verasity is a Protocol and Product Layer Platform for Esports and Video Entertainment. Verasity’s mission is to significantly increase advertising revenues for video publishers on any video platform through its rewarded player and ad stack utilizing its patented protocol layer on the blockchain - Proof of View. PoV is the only Protocol Layer patented technology for the blockchain. Verasity makes revenues from its use case esportsfightclub.com tournament platform with subscriptions, commissions on prize pools, video ad revenues and transaction fees. It will roll out its B2B products later in 2021. What is Verasity (VRA) | What is Verasity token | What is VRA token
In this article, we'll discuss information about the Verasity project and VRA coin.
Verasity is a disruptive next-generation video-sharing platform. Taking the best elements from traditional models such as advertising, subscription video on-demand, and crowdfunding, Verasity’s decentralized blockchain takes intermediaries out of the equation and keeps value within the community.
Verasity is designed to liberate Creators and benefit Viewers.
Creators struggle to effectively monetize their content on video platforms. There is widespread public disenchantment with online video advertising and viewers are reluctant to watch ads.
‘Fake views’ and ad fraud are also a pressing concern. With zero transparency of audience metrics, the value of content is skewed. And without a true value for content; brand pricing, content monetization and recommendation engine data is flawed.
Powered by cutting-edge video player technology that has been proven to scale to 8 PetaBytes of video data per month, Verasity’s video sharing platform provides a high-quality viewing experience.
The Verasity VeraPlayer features an integrated digital wallet that enables seamless microtransactions directly between Viewers and Creators using VERA Tokens. Within Verasity’s ecosystem, Viewers are rewarded for watching and sharing content in VERA.
If Viewers choose to watch ads they will earn more and be paid directly by advertisers. Creators are rewarded directly by Viewers with donations, and pay to unlock videos (pay-per-view) or paid subscriptions. On Verasity, Creators can choose how they want to monetize or demonetize individual videos. They decide what is right for their audience rather than having to adopt a one-size-fits-all model.
Verasity’s patent pending Proof of View (PoV) technology aims to detect fake views, bots and the manipulation of audience metrics. PoV ensures that only real views are counted and that all recommendations, content surfacing, and advertising metrics are accurate. On Verasity views have real value.
Finally, creators can use the innovative ‘Spark Marketplace’ to accelerate channel growth. The users who buy and hold ‘VeraSparks’ then receive a share of a channel’s on-going success in VERA Tokens.
Verasity is targeting a 6,245,750,000 (50%) VERA hard cap (between private and public sale).
Soft Cap 400,000,000 VERA
Price (USD) $0.00750 and increasing by 1% per 24 hours (paid in ETH or BTC)
There will be 12,491,500,000 total VERA in the supply, broken down as follows:
7.5% Advisors, 2.5% Referral Program, 1% Stabilization Fund,
20% Team, 19% Foundation, 50% Community Investors
Verasity Keynote Speech at CoinTelegraph Hot Trend Event
VRA has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy VRA
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since VRA is an altcoin we need to transfer our coins to an exchange that VRA can be traded. Below is a list of exchanges that offers to trade VRA in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase VRA from the exchange.
The top exchange for trading in VRA token is currently HitBTC, MXC.COM, DigiFinex, KuCoin, and Gate.io
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once VRA gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
Find more information VRA
🔺DISCLAIMER: The Information in the post isn't financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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