Get Rewarded Easily for Making and Viewing Videos: A Quick Review Of Verasity Platform

The internet technology without any doubt has succeeded to a considerable level in taking content production a great level. If you will all agree with me, the only medium of getting good contents in the time past was only through newspapers, televisions and radios.

So what change has the internet technology brought to the industry? With the internet technology, people can now easily select what content and what not they want. If you’re tech freaks fro example, you can easily go to youtube and get tech-related videos to watch unlike in the past ages where you have no other choice than to make do with the whatever content being given to you by a television or radio channel. Isn’t that awesome?

The Problems

As developed as the internet technology may seem, it is so unfortunate that the content industry is rather getting worse than being improved and if care isn’t well taken, its starting to become a threat to the existence of the industry. What then are these problems I am trying to emphasize?

If you’re so observant, then you will agree with me that the content industry most especially the video industry is being monopolized by few giants in the industry such as Youtube and facebook. The monopoly isn’t the main problem actually but the associated problems which has discouraged a lot of premium video producers and consumers in the industry.

The conventional video platforms are getting too expensive to mange by premium video producers which seems to discouraging for these producers and not only these, even the video consumers are now being faced with issues such as; inability to get good videos on just one platform as a result of the diversification of content producers to other platform as a result of the difficulties in managing their channels, monetization of consumers data by selling their data for third parties without the knowledge of the original data owners, hence impinging on their privacy.

What then is the way forward?
Verasity is here with the answer

Introducing Verasity

This is a fully operational platform that is dedicated towards enhancement of videos being produced by video publishers through enticing reward for the video consumers (watchers).
This platform is fully functional while the form of reward is through the native token of the platform, VRA token.

So basically, this is how Verasity platform works;
SDK module is being added to video players whenever publishers sign up, publishers then buy VRA tokens from exchanges, create an escrow account inside the Vera wallet and send the VRA tokens to it, they can thereafter set up a reward campaign according to their taste.

Viewers then get to earn VRA rewards whenever they watch video ads before their video starts which can be used to buy VRA on exchanges.

The team also uses the funds generated from transaction fees and revenues to buy back VRA tokens from exchanges and perform a token burn.

The VRA being purchased from exchanges can then be used by Publishers for further rewards and the cycle continues that way.
An amazing feature about Verasity is that it is now integrated into video players such as YouTube, Twitch, Vimeo, JWPlayer, Brightcove, Kaltura, VideoJS, Flowplayer, and Ooyala which conspicuously represents over 95% of all the video players being used globally.

How to earn VRA tokens?

There’s a staking reward program on the platform that allows VRA token holders earn passive income which is 36% annually which also increases the value of the token.
VRA token can be earned by watching videos directly from a publisher’s domain which will obviously generate new traffic for the publisher and viewers can also earn additional tokens through referral of other viewers to the video.

This VRA tokens earned can therefore be exchanged for other currencies on cryptocurrencies exchanges.

Verasity on Binance Chain

Just as it is so obvious that the team behind the Verasity project are constantly putting efforts to make the project be on top of the game, the team has successfully integrated with binance chain to further ease the achievement of the project goals. As we all are awareabout the popularity and credibility of the binance ecosystem, this makes it so conspicuous that the Verasity platform will definitely be on top of their counterparts and in no time, become globally adopted by the masses.

Another great feature of the platform worthy of mentioning is the Verawallet which allows viewers to easily store, earn and also transact with VRA tokens. An amazing feature of the wallet is that it is easily accessible from any compatible video player that has Verasity rewards SDK integrated in it.

Conclusively, without any form of hype or exaggeration, it is obvious that Verasity platform I here to bring an end to the nightmares being experienced on video platforms which is not only beneficial to video producers but also to video to viewers through their incentive programs, hence, I strongly advice you all to try out the platform.

For more information and enquiries, kindly check the links below;
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