What Is Verasity (VRA)? Features, Tokenomics, and Price Prediction | Alexandria

6mo ago

unique patented Proof of View system through which it plans to solve the problems of video advertising and NFT fraud. Verasity’s product lines range across multiple industries but are all built with the Proof of View platform as their backbone. It offers a VeraWallet on its blockchain network on which the VRA token is used as the main currency for participating in the online variety gaming and video economy.Verasity (VRA) offers athrough which it plans to solve the problems of video advertising and NFT fraud. Verasity’s product lines range across multiple industries but are all built with the Proof of View platform as their backbone. It offers ais used as the main currency for participating in the online variety gaming and video economy.Subscribe Join us in showcasing the cryptocurrency rotation, one newsletter at a time. Subscribe now to get daily news and market updates right to your inbox, along with our millions of early subscribers ( that ’ south right, millions love us ! ) — what are you waiting for ?

How Does Verasity (VRA) Work?

Verasity is a protocol and product layer platform for esports, video entertainment, and digital content management. Its products include a proprietary ad stack and the VRA rewards system which has been integrated into SDKs for YouTube, Twitch, Vimeo, and all major video platforms. As well as its patented Proof of View technology, which uses blockchain-powered AI, transparency, and immutability to defeat online ad fraud. Proof of View ensures every view captured on the ledger is authentic and ultimately provides stakeholders within the video ad space a trusted, single source of truth for capturing verified human views in real-time. Verasity ( VRA ) helps to world power the quickly growing esports industry and gaming community by offering dependable waiter infrastructure, Proof of View security functionality, and VeraPlayer — a intersection layer platform for video entertainment.

On November 8, it announced that its Esports Fight Club (EFC) platform was rebranded to VeraEsports — representing the firm ‘s update vision for its technology. This expand vision includes a new offer known as “ Watch & Earn ” — which allows users to stream content, gain and compete on the VeraEsports web site, while advertisers placid benefit from Verasity ’ s Proof of View technical school. With this solution, Verasity looks to provide a bridge to bring esports fans into the crypto diligence, while boosting gross for esports advertisers and enthusiasts. VeraEsports offers access to streams from some of the biggest names in gambling, with tournaments hosted by the likes of Valorant, Riot Games, and Axie Infinity. It has besides teased an approaching NFT market with both in and out of game message for its users. Verasity has besides expanded its Proof of View patent to include NFTs. The product volunteer will provide marketplaces and buyers the ability to verify the authenticity and accuracy of NFTs — ensuring those minting or selling the NFT are who they say they are, and the NFT is what it claims to be .

The Team Behind Verasity (VRA)

Verasity ( VRA ) was founded by RJ Mark  who is an entrepreneur and engineer. early members of the core leadership include :

  • David Archer – Director & Legal, Verasity

30 years feel in litigation, trust law, nonprofit organization entities, dispute resolution, conformity, and government .

  • Robert Keogh – Financial Director

Specializing in SMEs within digital media, blockchain, and cryptocurrency .

  • Justin Wenczka – CRO

10+ years experience in ad technical school, focusing on advertising security and performance .

  • Maryam Mahjoub – CMO

Experienced CMO with 17 years in commercialize, has worked with HL7, ConsenSys, and the Cardano Foundation .

  • Sergey Molybog – CTO

15 years of progressive experience in developing technical foul solutions in the television musician and blockchain industries .

  • Olena Buyan – CPO

Result-oriented Chief Product Officer with a prove track record of creating scalable, insight-driven, and user-centric products .

Verasity (VRA) Roadmap

Verasity has an fabulously chiseled and specific roadmap developed to achieve their business cases in each market. To date, the team behind the platform has met all of its quarterly roadmap goals, and an across-the-board tilt of objectives has already been locked in for the adjacent quarter. recent achievements include introducing the VeraWallet, referral integrations, listing on various exchanges, growing ad campaigns, running Esports tournaments, and launching a revamp tournament web site. In Q4 2021, Verasity intends to launch an NFT market, along with VeraViews, a full-stack advertising platform, and several other products. For a wax list, check out the official roadmap

Unique Features of Verasity (VRA)

Proof of View System

The Proof of View system  serves as a countermeasure to the manipulation and fraud  that is rife in the on-line television ad universe. With over 65 % of all television ad views being deceitful ( manipulated by bots ), publishers, advertisers, and subject creators all have an implicit in motivation to resolve the publish of imposter. The promote methods used by the PoV system make sure that the video views are verified as genuine and alone then added to the publicly available blockchain database .

VeraEsports

Designed to be a next-generation platform for community battle, VeraEsports allows users to access message from global creators, and to earn rewards by watching, participating in, and creating tournaments. The platform creates new social and economic opportunities for the video gamers, teams, tournament organizers, viewers, and brands in the global esports industry by incentivizing actual viewership through its Watch and Earn program — which enables viewers to earn redeemable points by watching their favorite tournament streams .

VeraWallet

VeraWallet serves as a cryptocurrency storage and payment gateway that allows users to store, stake, and trade VRA tokens. VeraWallet leverages cold-storage principles to maximize security and allows users to stake their tokens to earn rewards. The wallet now has over 250,000 users and continues to grow in popularity alongside Verasity and the on-line gaming world as a whole .

VRA Buyback and Burn

Verasity has scheduled redemption and sunburn events in which decree is used to buy VRA from crypto exchanges and burn it. This reduces the overall supply of the token and increases the demand over time .

VRA Token Use Cases

Staking

VRA can be staked as part of Verasity’s VRA staking program.  The rewards earned are proportional and based on the number of tokens staked. As it stands, the platform presently offers 25.5 % APY on bet on tokens until March 2022 – although this may be extended .

Earning 

participate in the activities offered by the VRA network to earn tokens. For example, they can watch videos on a publisher’s domain or on the Users can. For example, they can watch videos on a publisher ‘s sphere or on the VeraEsports web site, refer their capacity to others, and perform other actions that immediately increase the popularity of a knowledge domain to earn VRA tokens .

Spending

Users have the option to convert their VRA tokens into other cryptocurrencies on exchanges. They can besides use the VeraWallet to buy and sell VRA in return for decree currentness .

Verasity (VRA) Tokenomics

The sum supply of VRA tokens is 10,368,525,869  and the circulating supply of VRA tokens currently stands at 4.47 billion .

Verasity (VRA) Price

Verasity ( VRA ) is now trading at around $0.06178, as of Nov. 20, 2021. Its 24-hour trade volume on exchanges is around $76.5  million .

Verasity (VRA) Price Prediction and Future Outlook

The Esports industry has grown 50 % from the last year and experts believe that it could reach a sock $ 1.62 billion by 2024. This implies that anything that has even a constrict overlap with the on-line gambling worldly concern has significant potential. Since Verasity enables esports and the television entertainment diligence at bombastic to host streams on its chopine, and the VRA token is used as a currency in on-line gambling, the price of the VRA keepsake has a hard probability of breaking through the $ 0.10 doorway and could exceed $ 1 in the near future.

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source : https://ontopwiki.com
Category : Finance

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