Verasity
Verasity is a video network that offers unique Rewarded Player Technology to important publishers around the world. The patented Video Rewards Player method lets the player's account handle VRA rewards, monetization, and loyalty programs. Verasity's player technology is currently accessible to approximately 2 million publishers who generate 110 billion monthly views. This brings more traffic and money back to the source sites. The attention-based strategy facilitates a robust VRA token market among the platform's viewers, publishers, and advertisers.
The Verasity team is made up of experts in the media and film industries. The team also includes numerous well-known programs working on a high-traffic platform, like Kyrylo Bibik and Dmytro Medianik.
Verasity was established by Mark R.J. Mark has been working with streaming software and video technology for about 20 years. He's been in the PC and mobile device hardware and software development industry since 1996. Mark formerly worked as the managing director of a sports-related streaming application company. Mark has also served as the CEO of two software development firms that specialize in security technologies such as VPNs. Mark has also held the position of managing director of LiquidStream, a video streaming platform providing content related to gaming and esports.
Advertisers get to show their ads to real users: There are two major issues with advertising on conventional video platforms. First, they have to pay a lot of money to have their ads shown, and most of that money never gets to the content creators whose videos are actually being used for advertising. Second, marketers can never be sure that their ads are being seen by real people and not by bots. Some platforms allegedly use algorithms to view content to ensure that they will continue to receive payment from advertisers. As a result, advertisers continue to pay for viewers to view their advertisements, but their sales do not increase.
Eliminates Fraud: With Proof-of-View, the project can eliminate fraud associated with advertisements viewed by bots and NFT fraud. In reality, Verasity is establishing a brand-new benchmark for the open and honest authentication of NFT artwork, NFT vendors, and NFT platforms. Proof-of-View technology, meanwhile, keeps a watchful eye on the system at all times to detect fraudulent behavior as it happens.
Verasity's Proof of View is the core component of its blockchain technology. Proof of View is a patented piece of technology that employs sophisticated bot identification and a distributed ledger backend to guarantee the accuracy of transactions and the openness of reporting and tracking.
Digital transfers send hundreds of parameters between devices, which can be analyzed to find bots.
By publishing all legitimate trades on a public ledger, everyone may rest assured that the resulting transactions are legitimate and can be relied upon. This shortens payment terms and makes ad spending go further.
On a publisher's website, viewers have the opportunity to earn VRA tokens simply by watching videos. This incentivizes viewers to engage with the content and spend more time on the website, ultimately boosting traffic and promoting user retention. Viewers can also earn more tokens by introducing other viewers to the video. Viewers can get VRA by signing up, sharing videos, referring others, watching ads, or playing games.
Viewers can exchange their VRA for other cryptocurrencies such as Bitcoin and Euros using Coinmerce. Fiat gateways will be released in the future so that viewers can buy and sell VRA instantly using Euros. Verasity is also offering partnerships that will let VRA be spent on goods and services. Publishers can use their VRA to pay new viewers for engaging with their content, boosting the economy as a whole.
DATE NEWS/EVENTS IMPACT 10/03/2023 Verasity will shortly be listed on the Bybit exchange +50 +50% Increase 17/08/2021 Verasity surges as its 24-hour trading volume steadily increase +75% Increase
In the few years that Verasity has been active in the crypto space, its achievements have been impressive in comparison to those of competing technologies, particularly in the Video on Demand market. Tournaments hosted on the platform under the VeraEsports banner have also made waves in the competitive video gaming scene. With the support of a strong management and development team, Verasity is well on track to achieving its new roadmap goal of revolutionizing the esports and ad tech industries.
