maniecool: VERASITY

Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain. We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and mining fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as VERASITY

Verasity is a video-sharing platform that caters for content creators and rewards viewers with VRA tokens just for watching content, sharing videos, watching ads and for referrals. Verasity is a disruptive video sharing platform designed to pivot the online video ecosystem by enabling a direct and transparent relationship between viewers, content creators and advertisers. Powered by existing cutting-edge video player technology, Verasity provides a high-quality viewing experience. Verasity’s proprietary Blockchain technology (PoV™) creates a transparent economy powered by a new cryptocurrency called VRA.

The Verasity protocol aims to power the future of digital entertainment. It will be adopted by Content Publishers, Creators and Advertisers as a replacement for traditional content monetization channels. Verasity will challenge the hegemony of the tech giants who are rapidly becoming digital cartels.

Verasity is presently incorporated by SDK with Twitch, Vimeo, JWPlayer, Brightcove, Kaltura and Video.js. Through these incorporations, the Verasity player innovation would already be able to be utilized by over 1.6M video distributors with 1.1B clients and 110B month to month sees.

Various publishers have officially coordinated the innovation live and 100 are arranged throughout the following two months with scaling to thousands of every 2021.

Video-Sharing Platforms and Browsers attempt to change the distributer's work process - enormous publishers are bolted into their present video stages or have worked in IP and won't move.

Hard to change Viewers' propensities and inclinations - This is about outlandish given the assets and decisions are given by the goliaths. A genuine case of this is the biggest YouTuber, PewDiePie, who moved to DLive solely. Disregarding the move despite everything he has 95M supporters on YouTube and just 0.25% or 250,000 moved to DLive.

Verasity innovation is currently coordinated into the accompanying video players on distributers' locales: YouTube, Twitch, Vimeo, JWPlayer, Brightcove, Kaltura, VideoJS, Flowplayer, and Ooyala which speaks to over 95% of all the video players used.

The Features

Video Player

HTML5, full HD video player that works across all mobile and desktop browsers and supported by our fully functional online video platform.

Rewarded Module

Integrated as an SDK into all major online video platforms (over 90%), provides rewards for actions without changing the publishers’ workflow or the viewer’s habits or preferences.

VeraWallet

VeraWallet in-video app allows publishers to fund campaigns, viewers to Earn VRA, Stake VRA , Send and Spend VRA.

Verification and Analytics (Proof of View)

Patent pending blockchain technology that produces accurate, secure and auditable audience verification metrics.

The Ecosystem

Within the Verasity ecosystem, video content Creators, Viewers, Advertisers and Brands interact directly with one another. All transactions are powered by VRA and therefore they are fast, secure and transparent.

There is no need for intermediaries that exist in traditional media ecosystems. Verasity retains all the value generated by the community within the ecosystem.

About The Verasity Token (VRA)

VRA is an ERC20 utility token for Verasity.

Total Supply – 10,839,985,784 VRA

Circulating Supply – 3,803,335,583 VRA

The Verasity token (VRA) has different utilities:

Publishers Grow their Audience by purchasing VRA on trades to remunerate their watchers.

See: https://verawallet.tv/develop your-group of spectators

Viewers procure VRA watching substance or promotions: https://verawallet.tv/gain VRA

Users can stake VRA and gain enthusiasm for VRA: https://verawallet.tv/stake-vra

Users spend VRA for merchandise at stores: Keyie.store and eBonus.gg as models

Send VRA to verawallet or trades: https://verawallet.tv/send-vra

By incorporating into the present video stages, watchers don′t need to do anything. They don′t need to change to another stage, download anything or change their survey propensities or inclinations. Moving watchers from their preferred stages is a test that has not scaled for any of the numerous video sharing stages.

Since we propelled as of late with distributers, a huge number of watchers over the world have utilized the administration and have been remunerated. Before the finish of 2019, we expect to focus more than one million watchers and 10 million out of 2020.
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