The live price of Verasity (VRA) today is 0.003426 USD, and with the current circulating supply of Verasity at 9,844,270,142 VRA, its market capitalization stands at 33,727,321 USD. In the last 24 hours VRA price has moved 0.000051 USD or 0.02% while 6,283,679 USD worth of VRA has been traded on various
exchanges. The current valuation of VRA puts it at #707 in cryptocurrency rankings based on market capitalization.
Learn more about the Verasity blockchain network and how it works or follow the price of its native cryptocurrency VRA and the broader market with our unique COIN360 cryptocurrency heatmap.
Introduction
Verasity is a blockchain-enabled company that is revolutionizing the world of ad tech, Esports, and video entertainment. With its patented Proof of View (PoV) technology, Verasity is tackling the pervasive issue of ad fraud in video advertising. By leveraging the power of blockchain, Verasity ensures transparency, immutability, and genuine human views of ads and video content.
Technology & Mechanism
Consensus Mechanism
Verasity operates on a consensus mechanism that ensures the integrity and security of its blockchain network. The specific consensus mechanism employed by Verasity is [insert consensus mechanism].
Blockchain Technology
Verasity harnesses the potential of blockchain technology to create a robust and decentralized ecosystem. Built on [insert blockchain platform], Verasity's blockchain offers unique features such as [mention any distinctive or innovative technical aspects].
Key Features
Scalability
Verasity is designed to scale efficiently, accommodating the growing demand for video content and ad tech solutions. Its infrastructure allows for seamless integration with popular video players like YouTube, Twitch, and Vimeo, ensuring a smooth user experience.
Security
Verasity prioritizes the security of its platform and users' data. By leveraging blockchain technology, Verasity eliminates the risk of data manipulation and provides a tamper-proof system for ad views and video content.
Privacy
Verasity understands the importance of privacy in the digital age. The platform ensures that users' personal information remains secure and confidential, giving them full control over their data.
Decentralization
Verasity embraces the principles of decentralization, empowering users and content creators. By removing intermediaries and enabling direct interactions, Verasity fosters a more equitable and transparent ecosystem.
Development Team & Governance
The Verasity project is led by a team of experienced professionals with a deep understanding of the media, video, and technology sectors. The team is committed to driving innovation and delivering user-centric products. While the governance model of Verasity is not explicitly mentioned, the project's legal and administrative elements are taken seriously, with a dedicated legal officer and reputable legal firm advising on regulatory matters.
Use Cases & Potential Impact
Verasity has a wide range of use cases across various industries. In the advertising sector, Verasity's Proof of View technology eliminates ad fraud, ensuring that advertisers get genuine human views. In the Esports industry, Verasity's Esports platform, VeraEsports, provides a competitive and fair environment for gamers. Additionally, Verasity's technology can be integrated into smart contracts to protect NFTs and prevent fraud in the growing NFT industry. The potential impact of Verasity is significant, as it addresses the multi-billion dollar issues of ad fraud and provides new monetization options for content creators.
Purchase & Storage
How to Buy
Verasity's native token, VRA, can be purchased on several cryptocurrency exchanges, including [list exchanges]. Interested individuals can acquire VRA by following a simple process of creating an account, depositing funds, and executing a trade.
Wallets & Storage
To securely store VRA tokens, users can utilize compatible wallets such as [list wallets]. These wallets provide a safe and convenient way to store, send, and receive VRA tokens.
Partnerships & Collaborations
Verasity has established strategic partnerships with industry leaders such as OKEx, Tencent, and major gaming publishers. These collaborations enable Verasity to expand its reach and leverage the expertise of established players in the ad tech and gaming sectors.
Roadmap
Verasity has already achieved significant milestones, with 90% of its roadmap completed and generating revenues. The project's future plans include launching a payments network and a VeraVerse NFT marketplace, further expanding its ecosystem and providing new opportunities for users and content creators.
Risks & Challenges
As with any blockchain project, Verasity faces certain risks and challenges. These include regulatory uncertainties, potential security vulnerabilities, and the volatility of the cryptocurrency market. However, Verasity's commitment to legal compliance and its focus on security and privacy mitigate these risks to a great extent.
Community & Regulatory Compliance
Verasity has a vibrant and engaged community of users, content creators, and supporters. The project actively seeks to foster a strong community by providing opportunities for users to earn VRA tokens through various activities. In terms of regulatory compliance, Verasity adheres to legal requirements and ensures that its operations are in line with applicable regulations.
In conclusion, Verasity is a groundbreaking platform that combines blockchain technology with ad tech, Esports, and video entertainment. With its innovative Proof of View technology, Verasity is revolutionizing the advertising industry by eliminating ad fraud and ensuring genuine human views. With a strong development team, strategic partnerships, and a clear roadmap, Verasity is well-positioned to make a significant impact in the digital advertising and entertainment sectors.