Verasity

What is Loyalty?

Verasity token or VRA is utility token native Truthfulness is a blockchain-based video sharing platform focused on, among other things, eSports.

VRA has more than one use case, but its main function is to serve exchange medium feeding the entire Verasity ecosystem.

As for the token itself, VRA is based on ERK-777 standard, although it was originally launched as ERK-20 token. Although VRA is being migrated to a different token standard, it still remains on Ethereum blockchain.

The maximum supply of VRA tokens is 110,356,466,695. Since the supply of tokens is limited, there is a possibility that the price of VRA will increase under certain conditions. These conditions must include strong demand and increasing scarcity of the VRA token.

You can purchase VRA by visiting one of the supported exchanges. Check out our list of recommended exchanges for purchasing VRA in the section above.

VRA is a cryptocurrency and as such it is generally quite volatile. This causes the price of VRA to fluctuate. Because of this aspect, it is extremely important to track the VRA before making any purchasing decision.

Various tools can be used to monitor cryptocurrencies. One of them is the VRA price chart above. It will provide you with price history and trends, as well as other information about the tokens.

What are the main characteristics of truthfulness?

Verasity is a video sharing platform based on blockchain technologies.

It claims to be especially valuable to publishers who don’t generate enough advertising revenue. This is because advertisers have no proof of whether their ads will be viewed by real people. This is where Verasity comes in – it provides real and tangible proof (on the blockchain) of the number of people reached by a specific ad or an entire advertising campaign.

One of the main goals of the project is game changer in digital advertising using the mentioned blockchain technologies to significantly increase video advertising revenue. Verasity aims to achieve this through its VeraViews advertising technology stack layer and exclusive PoV consensus engine, as well as other ecosystem features.

Beginning with VeraViewsUnique Verasity advertising technology stack, which is a solution to combat fraud. It provides advertising campaign data.

Interestingly, VeraViews was developed using Proof-of-View technology, or simply PoV. What is PoV? It is an advertising-focused anti-fraud protocol layer technology. Simply put, PoV is a type of blockchain technology that provides unique fraud detection capabilities.

For example, PoV can be used for determine whether the video is being watched by a real person or just another bot. This is very valuable information because it allows advertisers to see how many people are being reached by their ads, eliminating ad fraud.

This also serves as a safeguard against manipulation of view counts and other ad metrics such as engagement.

VeraView can be integrated into other platforms. Moreover, viewers can be rewarded with VRA tokens for viewing content or performing certain actions on a platform other than Verasity.

One of the key advantages points of view real-time fraud detection. This means advertisers won’t have to wait until an ad campaign ends to see results and, in turn, won’t have to file for a refund.

Verasity is committed to securing the future NFT utility with PoV technology.

As discussed in the “What is Verasity” section, the VRA token is the driving force behind Verasity. It is paid to users for contributing to the Verasity ecosystem. These contributions can be simple actions like watching a video and subscribing to a streamer, or something more complex like creating your own team and broadcasting their gameplay.

VeraEsports, formerly known as esportsfightclub.com, is another important component of the Verasity ecosystem. You can find the most popular games such as Counter Strike GO, PUBG, Dota 2, Valorant and Free Fire. VeraEsports primarily generates revenue from the Pay to Play model as well as tournaments.

Verasity.tv or simply Verasity.io is a platform containing all the SDKs mentioned above. They support well-known video players such as Youtube, Twitch and Vimeo, as well as custom video players such as JWPlay, VideoJS, Laktura, Flow and Brightcove.

VeraWallet is a Verasity digital wallet created exclusively for VRA tokens. One of its main functions, besides storage, is bid. This means that VRA holders can stake their tokens directly on VeraWallet. The VRA betting program guarantees APY 18.25%.

In addition to serving as a repository for your VRA and allowing you to place VRA bets, VeraWallet provides the ability earn VRA tokens just by watching videos.

When it comes to security, Verasity works on a hybrid principle. Proof of Stake (PoS) a consensus mechanism that integrates the above-mentioned PoV technologies. This mechanism is responsible for distributing Verasity tokens to eligible users.

Verasity provides security through auditing. Iosiro, a cybersecurity company, conducted a smart contract audit for Verasity. It is publicly available for review.

Who developed truthfulness?

The Verasity crypto project was launched in the spring 2018. It was founded by R. J. Mark is a tech entrepreneur with experience in software and hardware development. Prior to launching Verasity, Mark worked at Action TV, where he contributed extensively to the development of compression algorithms for streaming video. He also served as CEO of Datagrad.

The rest of the core team working on the project consists of professionals from various video streaming and technology industries, including Director David Archer, CFO Robert Keogh, CTO Sergei Molibog, Director of Production Elena Buyan, Director of Marketing Elliot Hill, Director of Development business Dan Hodgson and Lead Engineer Kirill Bibik.

In addition to major players in the gaming industry, Verasity has signed partnerships with Brightcove, a video streaming technology company.

If you are planning to purchase this token, be sure to check the Verasity price chart for more detailed information on price history and trends.