1) In today's market it's increasingly difficult to select high quality cryptocurrencies.
Most fade away and as such we need to search for the best fundamentals.
A thread on $VRA and why you should take a look at this cryptocurrency.
Read on 🧵👇
@verasitytech #Verasity #Vra
Most fade away and as such we need to search for the best fundamentals.
A thread on $VRA and why you should take a look at this cryptocurrency.
Read on 🧵👇
@verasitytech #Verasity #Vra
2) The last 17 years we have seen an immense explosion of video-sharing platforms.
Since the start of YouTube countless others like Tiktok or Twitch have entered the market.
This opened the door to an entire new industry that we couldn't imagine living without anymore.
Since the start of YouTube countless others like Tiktok or Twitch have entered the market.
This opened the door to an entire new industry that we couldn't imagine living without anymore.
3) Like any other industry in today's market these are owned by centralized corporations.
This means they ALWAYS profit the most from other people's work.
Creators get small compensations, advertisers get exposure and the corporations keep most of the money.
This means they ALWAYS profit the most from other people's work.
Creators get small compensations, advertisers get exposure and the corporations keep most of the money.
4) The model we are used to seeing since the start of the video-streaming industry.
What if there was another way? What if we could empower the users the most?
What if there was another way? What if we could empower the users the most?
5) ENTER VERASITY.
Through the help of blockchain technology Verasity developed its own protocol called Proof-of-View.
This is the first patented protocol layer that offers secure, precise, and verifiable audience metrics.
Users can earn VRA through streaming or playing.
Through the help of blockchain technology Verasity developed its own protocol called Proof-of-View.
This is the first patented protocol layer that offers secure, precise, and verifiable audience metrics.
Users can earn VRA through streaming or playing.
6) The project’s watch-and-earn SDK is being integrated by over 2 million publishers.
There are two big problems with advertisements on traditional video platforms.
• You have to pay A LOT for advertisement.
• Ads are also viewed by bots.
There are two big problems with advertisements on traditional video platforms.
• You have to pay A LOT for advertisement.
• Ads are also viewed by bots.
7) For this reason companies are more inclined to reach out to individual influencers instead of the platforms.
Creators in return have no other way to monetize and accept advertisement deals in order to receive proper payment for their work.
Creators in return have no other way to monetize and accept advertisement deals in order to receive proper payment for their work.
8) With the project’s Proof-of-View, it can eliminate fraud when it comes to ads viewed by bots, as well as for NFT fraud.
Proof-of-View uses more than 200 touchpoints to analyze viewership and conclude whether the videos are being watched by bots or humans.
Proof-of-View uses more than 200 touchpoints to analyze viewership and conclude whether the videos are being watched by bots or humans.
9) Now that we have a basic understanding of Verasity let's look at the specific benefits for the users.
Verasity allows its users to actually earn cryptocurrencies in several ways.
• You can play in tournaments on major esports games and earn prizes for good performance.
Verasity allows its users to actually earn cryptocurrencies in several ways.
• You can play in tournaments on major esports games and earn prizes for good performance.
10) • You can earn VRA by watching videos and ads on sites of publishers and creators you love.
You can claim your tokens and withdraw the rewards to your VeraWallet.
The VeraWallet is a wallet that is compatible with all kinds of digital assets and blockchain products.
You can claim your tokens and withdraw the rewards to your VeraWallet.
The VeraWallet is a wallet that is compatible with all kinds of digital assets and blockchain products.
11) The project already partnered up with some of the biggest names in esports like
• PUBG Mobile
• VALORANT Challenger
• CS:GO
• Tencent Games
• ...
Verasity guarantees the security and growth by offering an “ultra-secure, all-in-one digital currency wallet”.
• PUBG Mobile
• VALORANT Challenger
• CS:GO
• Tencent Games
• ...
Verasity guarantees the security and growth by offering an “ultra-secure, all-in-one digital currency wallet”.
12) It also features a product called VeraViews, which is an end-to-end ad-stack solution that combines the transparency and accountability of blockchain technology with the security of Proof-of-View, Verasity’s own, patented protocol.
It's also backed by an impressive team.
It's also backed by an impressive team.
13) RJ Mark the founder is an successful entrepreneur and technologist developing exciting and high-growth hardware and software products since 1996.
Most of the other team members share a similar background especially the developers.
Most of the other team members share a similar background especially the developers.
14) Verasity has a maximum and total supply of 110.36 billion VRA tokens.
VRA’s circulating supply of 10.36 billion tokens is about 10 percent of its total supply.
While this doesn't sound very promising a deeper look explains where this imbalance is coming from.
VRA’s circulating supply of 10.36 billion tokens is about 10 percent of its total supply.
While this doesn't sound very promising a deeper look explains where this imbalance is coming from.
15) A huge chunk of VRA tokens (90 billion to be exact) have been reserved to power Verasity’s ad stack technology.
These tokens will not affect the circulating supply, and are only meant to serve as marker tokens to assist with data circulation price in the network.
These tokens will not affect the circulating supply, and are only meant to serve as marker tokens to assist with data circulation price in the network.
16) They won't be contributing to "tradeable supply" according to Verasity.
10 billion tokens have been set aside in a ‘war chest’ to fund potential corporate acquisitions to advance the adoption of Verasity’s technology.
All these together form the total supply.
10 billion tokens have been set aside in a ‘war chest’ to fund potential corporate acquisitions to advance the adoption of Verasity’s technology.
All these together form the total supply.
17) Third party websites like coingecko or coinmarketcap only add "minting tokens" in their infographics without any clarification.
This should at least provide clearance to the concerns of the small 10% circulation supply as practically its way higher than this.
This should at least provide clearance to the concerns of the small 10% circulation supply as practically its way higher than this.
18) Conclusion:
Verasity is a project that aims to disrupt online streaming in a way that rewards everyone who engages with it.
Advertisers will actually get what they paid for, while viewers stand to gain monetary rewards for playing and watching videos.
Verasity is a project that aims to disrupt online streaming in a way that rewards everyone who engages with it.
Advertisers will actually get what they paid for, while viewers stand to gain monetary rewards for playing and watching videos.
19) As a vivid video streamer myself I'm inclined to give them a try sooner or later and very curious to see how that plays out. Both today and in the future.
Verasity might just be the disruption the video streaming industry needs.
Nova out ❤️
Verasity might just be the disruption the video streaming industry needs.
Nova out ❤️
20) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.
I also research the communities top voted cryptocurrency every week so you can keep track of all the most exciting projects.
Your favorite writer Nova 📘
I also research the communities top voted cryptocurrency every week so you can keep track of all the most exciting projects.
Your favorite writer Nova 📘
21) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.
Everyone deserves free knowledge 📘
Love you all ❤️
First post 👇
Everyone deserves free knowledge 📘
Love you all ❤️
First post 👇
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