What is Verasity? Decoding information about the project and VRA . token

• Verasity project overview
• What is Verasity?
• Features of Verasity
• Verasity's main features
• Verasity's Development Roadmap
• Verasity's development team
• VRA . token overview
• What is VRA token?
• VRA . token allocation
• Where to buy VRA tokens?
• VRA . token storage wallet
• Should I invest in VRA tokens?
• summary

The Verasity project brings many useful products to the participants. Including products that support e-sports games, entertainment videos and even promotional clips. The project was born with the goal of maximizing revenue for content creators or bloggers. 

Verasity project overview 

What is Verasity?

Verasity is also known as a potential project that no wise investor can ignore. Verasity was born to increase revenue for content creators. The payout will depend on their popularity, the more followers someone has, the more money they receive. 

The project is built on the main technology of Proof of View. This is considered an extremely safe security layer, helping to detect and eliminate fraud when users watch videos. This system will record participants' behavior. It then compares it with valid criteria to predict whether the user's behavior is legal or not. If not, it will immediately notify to warn the user.

Verasity's product lines exist in many fields, but most of them use the main technology of Proof of View. Besides being a network, a blockchain platform, it also provides a storage wallet known as VeraWallet. Here, the VRA token becomes the official token of the project.

Features of Verasity 

As a potential project, Verasity attracts investors by its distinctive and unique characteristics that no other project has ever possessed before. Especially, the payment feature will be made completely automatically in the personal wallets of the customers. This means that all your revenue from websites that use this network will receive income in your personal wallet. This is an extremely attractive mechanism for users. Thanks to that, since its launch, the project has been attracting hundreds of thousands of visitors every day.

Realizing its growth in the cryptocurrency market, Verasity is determined to take advantage of this opportunity to increase its influence. In recent times, they have constantly organized awarding events by offering international exchange activities to be able to link their markets together, forming a large environment. To achieve that goal, they have gradually outlined their strategy. That is:

• The largest trading volume on exchanges 
• Eternal Prize
• An active, professional development team
• Build an income prediction model with near-maximum accuracy
• Automatic payment helps to optimize transaction time with preferential costs

Verasity's main features

As a leader in the cryptocurrency market, Verasity has rapidly grown and made a big splash in the field of e-sports as well as video and advertising. Thanks to Proof of View technology that received a US patent under the category "Technology to help eliminate advertising fraud", Verasity has succeeded in gaining the trust of users.

Verasity's main goal and mission is to drive engagement to drive revenue for content, video and advertising creators through any platform. The technology will then use its proprietary blockchain protocol layer, Proof of View, to reward participants.

Of the $400 billion in online advertising, up to 40% (about $160 billion) is viewed by bots (robots - software that run automatically) rather than humans. That's $160 billion of brands wasted on advertising. In addition, today, more than 2 million video creators are facing the problem that brands are not interested in paying too much for advertising, because they think it does not bring too much. benefits while they have to pay too much. This has hit the content providers of YouTube and other similar platforms heavily.

Verasity solves this problem with technology that helps detect when advertising fraud occurs. Using 200 touchpoints and AI, Verasity can determine with great confidence whether bots or humans are viewing ads or content based on viewer behavior in real time. As a result, ad fraud is detected and eliminated immediately. The Proof of View system also prevents many methods by which bad actors can try to manipulate view counts and audience metrics.

Verasity's Development Roadmap 

Since its inception, Verasity has developed its roadmap in great detail. Below is the development roadmap of the project by the end of 2022:

Second quarter of 2022

• Live Streaming Proof of View with Brightcove customers
• PoV-enabled smart contract for NFT
• NFT market development and beta for game publishers
• Collaboration with Vera Card
• VeraWallet: Automatic KYC.

Third quarter of 2022

Public launch of MVP on NFT marketplace:

• Introducing a platform to create, mint, and sell in-game redeemable NFT items to game publishers
• Purchasing function for market buyers
• Resell function to market sellers
• Introducing public user profiles and NFT collections.

Fourth quarter of 2022

On the product side:

• VeraWallet: Website Improvements
• VeraEsports: New video library tagging and classification system
• Verasity: Single sign-on across Verasity products (major update)
• Verasity: Identity and access management service for user authentication and authorization
• Verasity: Improved account security by introducing multi-factor authentication through phone numbers.

On the project side, Verasity will support integration on Verasity's services.

Verasity's development team 

Verasity attracts investors not only because of its special features but also owns a team of experienced professionals. The most prominent members include: 

• Founder – J Mark: He is currently an entrepreneur and also a researcher in the field of technology. In particular, his success in building hardware and software of different platforms on PCs, laptops as well as mobile devices under Android and iOS operating systems. Prior to that, J Mark also made active contributions to the development of algorithms for streaming applications used at Action TV in the 2000s.
• Legal Director – David Archer: A law graduate trained at the London School of Economics and Political Science, he is the representative of the project when participating in the resolution of disputes as well as legal issues. With more than 30 years of experience in this field, he ensures the project can operate legally and ensures the interests of all participants.
• CFO – Robert Keogh: He has experience in this position at well-known businesses in the field of digital media as well as blockchain. 
• Programmers – Sergy Molybog, Kyrylo Bibik and Dmytro Medianik: They are all highly skilled in programming.

VRA . token overview 

What is VRA token? 

The famous VRA token is a token of the Verasity project. It was born mainly to serve the use of participants on the Verasity platform. All VRA token transactions will take place on the blockchain through the project's own VeraWallet storage wallet. 

Functions of VRA token: 

• Used to pay for in-game purchases. When participants want to access the games on the platform, they will have to purchase VRA tokens. 
• VRA tokens are also used to reward users who watch videos or staking.

Some basic information about VRA token:

• Symbol: VRA
• Platform: Ethereum 
• Standard: ERC-20
• Token type: Utility token
• Contract: 0xf411903…66507255
• Circulating Supply: 4,470,185,346 VRA tokens
• Total supply: 19,310,636,532 VRA tokens

VRA . token allocation

Currently, VRA tokens with a total supply of up to 19,310,636,532 VRAs are allocated at a reasonable rate as follows:

• The research and development team accounted for 20%.
• The platform owns 18%.
• Marketing activities accounted for 17%.
• Legal managers account for 2.5%.
• Business developer owns 1.5%.
• Reserve budget accounts for 1%.
• Technology licensing accounts for 20%.
• Contracts and salaries paid 20%.

Where to buy VRA tokens?

As a token built according to ERC-20 standards, VRA tokens can now be easily purchased at reputable exchanges such as: KuCoin, Uniswap, Coinbase, Bancor… When trading on these exchanges, you complete your transaction. You can rest assured because these are all trusted exchanges with a trading volume of up to hundreds of millions per day.

VRA . token storage wallet

Once holding VRA tokens, many owners still wonder where to store them. So you can refer to a few suggestions of TraderH4 below:

• Since VRA tokens have their own storage wallet, VeraWallet, you can store VRA in this wallet.
• In addition, you can also refer to e-wallets that support the ERC-20 standard. Some wallets that you can refer to such as: MetaMask, imToken, MyEtherWallet…

Should I invest in VRA tokens? 

Verasity is not the first project related to the field of entertainment, video construction. However, it has extremely unique and novel features. With a completely new mechanism, a potential development team, and a transparent roadmap, the project has been gaining a lot of sympathy from investors. 

However, barriers from competitors as well as challenges encountered when social platforms are gradually disliking the advertising method from content creators are causing developers "headaches". ". This is probably the biggest weakness that the project needs to overcome. 

summary

So TraderH4 has joined you to learn the most basic information about the Verasity project as well as the VRA token. TraderH4 hopes that readers will find the article useful and make the right investment decisions.

If interested in the Verasity project, readers can access the information channels below:

Website | Twitter | Telegram | Discord | Reddit