Verasity (VRA)

There are currently 257,365,675 USD in the market, and CoinMarketCap ranks it at number 300. Only 4,470,185,346 VRA coins are currently in circulation; this number is expected to grow. The maximum supply is 10,356,466,695 VRA coins.
VRA stands for Verasity (VRA), and what is it?
Verasity (VRA), a new video-sharing platform launched on May 18th, 2018, aims to create an equitable system for creators to profit from their work and for advertisers to get the most out of their ad spend. According to Verasity’s whitepaper, the most important use case for their protocol is, a pro-gaming streaming platform that features esports tournaments such as PUBG Mobile. They accomplish this through their proof-of-value (PoV) protocol and product layers. Verasity owns and controls the website, which serves as a hub for all of Verasity’s offerings. The platforms reward users for watching, subscribing, and winning in virtual reality (VRA).
VideoJS, Kaltura, FlowPlayer and iVideoSmart were among the platforms that aggregates publishers from. They were having difficulty making money from their work on platforms like YouTube, Twitch and Vimeo. Currently, advertising platforms like Google and Facebook aren’t attracting as much money from advertisers because they’re not confident that people are actually looking at the content. Real-time detection and elimination of fraud is possible thanks to Verasity’s proof-of-view protocol layer technology When determining whether or not a video is being watched by humans or bots, it makes use of over 200 different touchpoints and indicators. Adding non-fungible tokens to Verasity’s proof-of-view technology and data storage technology is also a goal (NFTs). With Verasity’s on-chain verification, NFTs will gain in value while their ownership claims are further authenticated.
Do you know who the founders of Verasity are?
Verasity was founded by a group of video and media professionals with a track record of success. The two of them have been working together since 2017 as full-time employees at Verasity. Action TV in the United Kingdom used Verasity’s founder Mark R.J. to develop a compression algorithm for streaming applications in 2000. Later, he served as CEO of Datagard, a company that managed data for a number of well-known brands. Verasity is Mark’s first venture into media technology and privacy management. He has been working in media technology and streaming applications for over two decades.
A Solicitor, Barrister and graduate of the London School of Economics, David Archer is the director of the Versity Foundation. Dmytro Medianik, Dmytro Bibik, and Sergy Molybog are all well-versed in a variety of programming languages, including object-oriented ones. Technology stack development and management is shared among the Verasity team members.
What Makes Verasity Different?
As the first patented protocol layer that produces precise, secure and verifiable audience metrics, Verasity’s proof-of-view technology is what sets it apart. The Verasity Esportfightclub platform allows users to watch, earn, and participate. Two million publishers already use the Verasity watch and earn SDK, with a combined 550 million monthly views and 110 million views per month.
Broadcast publishers will find Verasity’s built-in functionality useful. The UDP transport protocol is used, and direct broadcasting over the cloud is supported. It has been put through its paces with more than 8 PB of data a month in testing. There are no major changes required for content creators and large-scale video publishers thanks to its SDK/OVP integration.
There are timeout issues that may arise from having multiple service switching points and networks in a single stack. In order to thank viewers for their attention, advertisers can purchase VRA tokens. Whenever a viewer views a programmatic partner’s video ads, the VRA token is rewarded. VRA token holders who keep their tokens will be rewarded by Verasity to encourage and increase demand for VRA across a wide range of businesses and individuals. There are multiple ways to earn VRA, which can be spent on multiple exchanges or saved for APY rewards. A portion of the project’s revenue comes from the Esport platform, which operates on a subscription and membership model. On the Verasity platform, Verasity also receives a cut of the prize pools in jackpot tournaments. Using its POV, advertising stack, waterfall, and sales of modular B2B products are all other ways to make money.
Is Verasity Network Protected in Any Way?
Stake-based consensus is used by Verasity and the native VRA token is based on the ERC-20 standard. The Verasity ecosystem uses that and its unique PoV technology to distribute VRA to those who deserve it. A reward-based system like Verasity’s will benefit greatly from the huge network effects that Ethereum’s meme coins have enjoyed, just like Ethereum’s meme coins.
Is VRA Capable of Reaching $1?
There are a lot of Ethereum-based projects out there, and VRA is an ERC-20 token, so it’s possible that the token’s price will rise to new highs. Due to the planned updates and features by the project’s developers, it is possible for the market cap to increase by $800 million.

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