Nowadays, everyone want to enjoy entertainment by digital. Youtube and Facebook video streaming become more famous to search on. People will get entertain by watching video. But seem video online must have changed because many problems that actually publisher meet, also technology always keep changed anyway.
Online video is the growing pace about 82% of all consumer Internet traffic by 2021 and the market is worth $312 billion. Online video business model has many challenges.
- Online video platforms have old models, many publisher failure to success, and expensive to operate.
- Most publishers have insufficient revenues to support their business models.
- Audiences personal data is sold to corporations for more targeted advertising
- content creators and online publishers with limited revenue
- The mass adoption of ‘ad-block’ technology make the viewer's frustration
- Many conflict between Creators, Advertisers and their current platforms.
Here the solution.
Verasity’s team of media, technology and blockchain experts has released a video player system that offers:
Video publishers and creators have benefit to enhance audience’s video engagement by video reward when viewers watching video, without changing their current video workflow. Viewers can do so without changing their platform preferences.
Viewers watch great content and receive VRA, a cryptocurrency as a reward for their attention. The goal is to improve the online video engagement, increase publisher monetization.
Verasity’s player technology is now accessible to 2 million publishers with 110 billion monthly views. This brings engagement, audiences and revenues back to publisher sites. The attention-based model creates a thriving VRA token economy between viewers, publishers and advertisers.
Verasity has a patent-pending system to securely verify audience metrics (views) in a way that is publicly transparent and tamper proof.
Verasity Foundation consolidated in the Cayman Islands under the Companies Law (Revised) and enrolled as an establishment company pursuant to the Foundation Companies Law, 2017. All Verasity products, and improvements, platform technology and development is provided by Verasity Technology (Cayman) Ltd, a possessed owned subsidiary of Verasity Foundation.
FUNCTION
Viewers sign up and make a VeraWallet on verawallet.tv. Viewer can download, and instantly start earning by watching videos and claiming tokens. Viewers are rewarded more VRA, If users want watch video ads. Verasity has partnered with several top advertising partners, bringing some of the absolute greatest brands advertisements to the Verasity network, along with revenues, which are used to buyback VRA.
VERASITY’S VIRTUOUS CYCLE
Publishers fund their VRA campaigns, they buy significantly more VRA to expand the size size of their campaigns.
Income created from promotions is utilized to buyback VRA, which means the more viewers on the system, the more VRA is remunerated, the more income is utilized to purchase VRA from the market.
Viewers will probably give VRA progressively back to the publisher or creator from within the player, helping support the production of great content. Users can spend VRA to buy real world goods and services through Verasity associations. Or, VRA can be exchanged 24/7 across a number of top exchanges including STEX, HitBTC and CoinAll with more to follow in the future.
VERASITY INFRASTRUCTURE AND INTEGRATIONS
The Verasity infrastructure has been integrated into the top online video platforms, making it simple for publishers to add the Verasity SDK’s or API’s to their existing video player, without affecting their workflow.
Verasity Integration with YouTube! And others such as Twitch, Vimeo, JWPlayer, Brightcove, Video.JS, Kaltura, Flow Player, Ooyala
VISION
The vision is Verasity technology to be adopted by millions of video publishers across billions of devices. The technology has been built to be integrated as an SDK and API throughout the current media landscape and technology stacks.
Earning VRA
How to earn VRA
a. by watching videos on a publisher’s domain. This make generate new traffic, and keep viewers engaged on the publisher’s platform.
b. by referring additional viewers to the content.
c. From: sign ups, sharing videos, referrals, watching ads, playing games.
Spending VRA
Viewers can use spend VRA for buy on goods and services and exchange with others crypto.
VERASITY TECHNOLOGY
SDK’s and API’s
Verasity’s platform generates a compatible SDK also Verasity has an API enabling data and analytics linked to the rewarded campaign.
VeraWallet
Inside the wallet, viewers have access to their main account, escrow account and staking account.
Fund Campaigns
Video publishers and advertisers’ escrow VRA tokens to fund their campaigns and reward viewers
Stake VRA
Staking VRA and transfer from main wallet to the staking wallet with rewarded daily with VRA Staking program (36% annualized).
Send / Receive / Donate VRA
Users can utilize VeraWallet to send VRA tokens to any wallet or to another exchanges.
VERASITY’S ONLINE VIDEO PLATFORM
Verasity’s video infrastructure utilizes several novel technologies and the latest Internet protocol performance standards like QUIC (Quick UDP Internet Connections). This is an innovative use of secure Transport Layer
Security (TLS) and User Datagram Protocol (UDP) reducing buffering and increasing video resolution for viewers. Viewers can access content from any browser without having to install any additional plug-ins or player software powering over 8 Petabytes of video traffic per month.
The technology features include:
• HTML5 Video Player Can run with or without Google IMA SDK
• Built-in player wallet (VeraWallet)
• 1080p / 60 frames per second full HD ready
• Embed technology making it available across any website
• Lightweight and adaptive for mobile screens
• Back end database structure
• Built-in notifications system
• Third Party Publisher widgets
• Referral system and social sharing features
CDN AND SERVER INFRASTRUCTURE
Verasity uses a custom-assembled online video stage called Akamai, a main worldwide CDN arrange. Utilizing a CDN ensures high playback quality, with low buffering, on a worldwide scale additionally empowers all substance to be safely facilitated, put away and oversaw on Verasity serversReliable video delivery using a scaled and trusted network such as Akamai guarantees superior user playback experience.
Partnership With Binance
Some reasons for Verasity’s has partnership with Binance Chain:
• Partnership with Binance has many intangible values as well as concrete ones
• Speed - more frequent block generation leading to faster transactions
• Time to confirmation – 1 second which is faster by an order of magnitude than any of its competitors
• Binance’s team intends to build the best DEX in the world
• Scalability – The Binance blockchain appears to be on equal footing with leaders like EOS, Tron and Stellar.
• A listing on Binance DEX with eventual move to Binance Exchange
• Security - token smart contract is implemented by the blockchain and has a higher security level
• Price - lower and more stable TX fees
• Binance exchange is the standard for stable liquidity and low fees
• Leading position of Binance at rate of product quality, financial resources and experience of the team.
• Binance will be able to provide high liquidity on its DEX, quickly obtaining leadership in this space.
• BNB is available through all the CoinFlip ATMs
• Binance Coin is one of the best performing altcoins in the cryptoverse
REVENUE
• Verasity earns significant revenues from ads published on publisher sites by utilizing Verasity Technology.
• By end 2020 Verasity expects 30 million views per month across all its publishers or $240k in monthly revenue in of desktop and mobile ad revenue and expected by end of 2021 to $2.5m in monthly revenue.
• In 2018, Verasity burned 600m VRA and expects to burn 300m additionally by year end and at least 1B VRA in 2020.
PARTNERSHIPS and INVESTORS
TEAM
Complete team on https://verasity.io/
ROAD MAP
MEDIA
TOKEN SALE
For more information you can click here:
Website : https://verasity.io/
Telegram: https://t.me/verasitychat
Twitter: https://twitter.com/verasitytech
Facebook: https://facebook.com/verasitytech
Medium: https://medium.com/verasity
Reddit: https://www.reddit.com/r/Verasity/
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