VERASITY - NEXT-GENERATION VIDEO SHARING

N.B - Verasity has a strategic partnership with Binance Chain, a blockchain software system developed by Binance in a move that will bring about a new incentivised video economy.

SYNOPSIS OF VERASITY ECOSYSTEM AND FEATURES

An online video platform (OVP), provided by a video hosting service, enables users to upload, convert, store and play back video content on the Internet, often via a structured, large-scale system that can generate revenue. Users generally will upload video content via the hosting service's website, mobile or desktop application, or other interface (API). The type of video content uploaded might be anything from shorts to full-length TV shows and movies. The video host stores the video on its server and offers users the ability to enable different types of embed codes or links that allow others to view the video content. The website, mainly used as the video hosting website, is usually called the video sharing website.

In the 2010s, with the increasing prevalence of technology and the Internet in everyday life, video hosting services serve as a portal to different forms of entertainment (comedy, shows, games, or music), news, documentaries and educational videos. Content may be either both user-generated, amateur clips or commercial products. The entertainment industry uses this medium to release music and videos, movies and television shows directly to the public. Since many users do not have unlimited web space, either as a paid service, or through an ISP offering, video hosting services are becoming increasingly popular, especially with the explosion in popularity of blogs, internet forums and other interactive pages. The mass market for camera phones and smartphones has increased the supply of user-generated video. Traditional methods of personal video distribution, such as making a DVD to show to friends at home, are unsuited to the low resolution and high volume of camera phone clips. In contrast, current broadband Internet connections are well suited to serving the quality of video shot on mobile phones. Most people do not own web servers, and this has created demand for user-generated video content hosting.

WHAT IS 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 PROBLEM

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.

ADVANTAGES OF VERASITY

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.

TOKEN DETAILS

VRA is an ERC20 utility token for Verasity.

Total Supply – 10,839,985,784 VRA

Circulating Supply – 3,803,335,583 VRA

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

EXCHANGE WHERE VERASITY (vra) IS LISTED

VRA (ticker) is trading on:
Binance Dex: https://www.binance.org/en/trade/VRAB-B56_BNB
HitBTC: https://hitbtc.com/exchange/VRA-to-BTC, https://hitbtc.com/exchange/VRA-to-eth
STEX: https://app.stex.com/en/basic-trade/pair/ETH/VRA/5
DCoin: https://www.dcoin.com/currencyTrading/VRA_ETH
CoinSuper: https://www.coinsuper.com/trade?symbol=VRA%2FBTC
CoinAll: https://www.coinall.com/market?product=vra_btc
Shortex: https://shortex.net
VRA can be staked for 36.5% annual interest at https://VeraWallet.tv.

N.B - You can Follow the VRA token at CoinMarketCap.

THE TEAM

FOR MORE INFORMATION:

Medium: https://medium.com/verasity
Twitter: https://twitter.com/verasitytech
Website: https://verasity.io
Telegram Token Discussion: http://t.me/verasitychat
Telegram Token Announcements: https://t.me/verasity
Kakao: https://open.kakao.com/o/gh8ZK0cb
Facebook: https://facebook.com/verasitytech
LinkedIn: https://www.linkedin.com/company/verasity
Reddit: https://www.reddit.com/r/verasity

AUTHOR:

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