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What is Verasity (VRA) coin?

By Warren Hayes | August 12, 2021

What is Verasity?

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.

What Problems Does Verasity Solve?

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 pressing concerns. 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 are flawed.

How Verasity Works

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 ongoing success in VERA Tokens.

Token Distribution

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

How and Where to Buy Verasity (VRA) coin?

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)…

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