What is Verasity coin (VRA)? Definition from Digimagg

Verasity is a rapidly expanding cryptocurrency venture targeting esports, video entertainment, and commercial sectors. The company has secured a US patent for its technology designed to combat ad fraud.

The project aims to enhance viewer engagement and boost ad revenue for video creators across various platforms like YouTube or Twitch. This is achieved by employing a Proof of View (PoV) protocol, which rewards both the viewer and ad stack.

What is Verasity coin (VRA)?

Verasity has its own cryptocurrency called VRA, which currently ranks among the top 500 cryptocurrencies by market capitalization.

Verasity's mission

The primary issue addressed by this project is the lack of a unified platform where users can complete tasks and receive rewards from companies. Instead, companies devise separate reward systems in various locations, resulting in inconsistent rewards and users often being unaware of new promotions.

Verasity offers solutions for companies on platforms like YouTube and Facebook. VeraWallet, integrated into the streaming service verawallet.tv, facilitates rewards in VRA coin format.

Viewers can access their points and loyalty program rewards within the same video player used for watching various videos.

This solution is unique as no similar platform currently exists, providing the same technology and solutions.

How does VRA token work?

Publishers procure tokens at market rates to incentivize users for various actions such as watching content, purchasing memberships, and engaging in other activities. This acquisition of VRA tokens by publishers has a positive impact on the economy and broadens the pool of VRA users.

Rewards facilitate transactions among publishers, content creators, brands, advertisers, and viewers, connecting them through internal tokens. The process operates as follows:

1. Users watch videos and ads on the Verasity platform, earning VRA crypto tokens. They can also earn additional tokens by referring other viewers.
2. Publishers purchase tokens to reward viewers, supplementing their income from advertising, e-commerce, and subscriptions.
3. Advertisers purchase VRAs to incentivize potential users to watch videos and commercials.
4. Users have the opportunity to accumulate tokens and receive rewards on a daily basis.

In summary, the project caters to a diverse array of publishers and users, offering a straightforward conversion mechanism for users to acquire and redeem their tokens.

Verasity VRA Wallet - VeraWallet

VeraWallet is the most secure option for storing VRA coins, offering all token holders the opportunity to stake tokens for an annual return of 25.55%.

Continuously enhancing VeraWallet's functionality, the VRA team recently introduced features enabling users to view their VRA token balance in dollars and included decimal and comma formatting for numeric amounts. Additionally, to bolster security, developers implemented 2-Step Authentication, providing users with 16-digit secret codes. This measure ensures account security in case of device loss, requiring the code for account re-linking with a new authenticator.

Verasity coin prediction

As outlined in the roadmap, Verasity plans significant enhancements in the near future. By the end of 2021, developers aim to launch a VeraWallet mobile app, introduce in-game currency purchases through the Store with VRA, and implement Ad Fraud detection with Proof of View.

The successful realization of these objectives is expected to drive an increase in the VRA crypto price. According to predictions, Digitalcoinprice experts anticipate a value exceeding $0.011 by the end of 2021. However, the WalletInvestor team holds a more optimistic outlook, forecasting a potential rise to $0.023 per coin.

What is the current price of VRA crypto?

Today Verasity coin price is $0.0085.

In conclusion, Verasity presents a promising initiative geared towards benefiting users and video creators on a global scale. With continued partnerships from companies like AmaZix, North Block Capital, and Jun Capital, the outlook for Verasity's coin prediction becomes increasingly positive, positioning the token as an attractive option for long-term investments.