What is Verasity (VRA)? Verasity is a Protocol and Product Layer Platform for Esports and Video Entertainment.
Verasity is a game-changing video-sharing site that seeks to reshape the online video environment by encouraging users, content owners, and marketers to engage openly and transparently. Their team has considerable expertise in the advertising and telecommunications markets, having occupied leadership positions at firms such as Eurosport, Sky, Joost, AOL, Turner, and the Guardian. Verasity offers a high-quality viewing experience by using existing cutting-edge video player technologies. Verasity’s Blockchain platform (PoVTM) builds a decentralized economy driven by VERA, a modern cryptocurrency.
Its mission is to allow developers and web publishers more flexibility while still enhancing the video-sharing experience. Verasity’s protocols can be used all over the internet, combining video distribution and instant micropayments like VERA, all backed by the trustworthy and open Proof of ViewTM Blockchain technology.
Among the highlights are: Instant Transactions – using VERA, a high-performance commercial utility token built into the player (capable of thousands of transactions per second), transfers between Developers, Fans, and Advertisers are disbursed in the near real-time. Proof-of-ViewTM – Audience measurements that are accurate, consistent, and auditable (anti-fake-view) – invention with a patent-pending Spark Marketplace is a smart coworking space.
When carrying a live smart contract, consumers earn a part of the channel’s revenue.
To know more about Verasity’s upcoming events, you can check them at https://coinmarketcal.com/en/coin/verasity
With all that being said, if you want to dig deep about them, I highly recommend checking their website at https://verasity.io.