Verasity A Next Generation Video Sharing Platform

Today we will tell you about the Verasity blockchain project, created specifically for video sharing. Thanks to the platform’s capabilities, users can share their experience in creating online videos.

Ecosystem

The platform excludes mediation, which can be observed from competitors. All the values ​​created within the community, within the ecosystem, are preserved. Verasity creates an ecosystem in which all users come into direct contact with each other – both the creators of the videos, and ordinary viewers, and interested advertisers with brands. Any transactions between them will be available only for VERA tokens, which will make the process transparent and convenient.

Token

The short name of the token is VRA. The project is built on the Ethereum platform. You can buy coins for ETH and BTC, the price of crowdsdale is $ 0.01 per unit of the system. In total, the system produces 12,491,500,000 coins. The minimum investment amount is $ 100. Soft-cap of the project – $ 4 million (reported on the project site, has already been reached), the upper limit of project fees is $ 25 million. The legal address of the project is located in the Cayman Islands, and it is banned in North Korea, in Somalia , Yemen, the Cayman Islands themselves. In the US, only accredited users can be included in the project.

Pre-sale. During the period one coin of the system could be bought for $ 0.00750.
Public Sale. The main stage of sales began on May 21 and will last until July 11. The price of the VRA during the period of the crowdsale is $ 0.0075.

How will all the tokens be distributed?

– 7.5% advisers;
– 2.5% referral program;
– 1% stabilization fund;
– 20% team pool and founders;
– 19% share of the founders;
– and 50% went on sale.

How will the collected funds be distributed?

– 20% will be spent on the salaries of specialists;
– 20% for registration of technological licenses;
– 1% budget in case of unforeseen circumstances;
– 1.5% will go to business development;
– 2.5% legal issues and administration;
– 17% marketing pool;
– 18% of the operating costs of the platform;
– 20% pool of further development and research.

Pros of working with the platform for users

– Quality video content. The economy of the project is created primarily for the convenience of viewers. As the team promises, we will be provided with conditions for direct commercial relations. The owner of the channel and its viewer will interact directly.
– A system of rewards for viewing. The project gives users an incentive to use the platform, rewarding them with coins for viewing content. Also, the advertiser pays the users who are viewing the advertisement.
– earnings for support of video channels. To support the development of a channel in the system, VeraSparks operates. If the user owns VeraSparks in the channel, they receive the portion earned by the project coin channel.

Pros for content creators

– The functionality for downloading video is very convenient. Each user of Verasity has the opportunity to become a blogger, launch his channel. In its work, the project uses only proven streaming and, most importantly, scalable video technologies that must provide high quality for bloggers and viewers.
– Wide opportunities for monetization. The project makes it possible to conduct microtransactions, which create very convenient conditions for monetization of the process.
– High-speed payments. Yes, within Verasity they are transparent and fast.
– Possibilities for rapid development of the channel. Content creators thanks to the functionality of VeraSparks can even carry out such a transaction: to sell the share of revenue from the channel to Verasity for VERA. The money earned in this way can be allowed to develop your blog. Roughly speaking, the system allows you to invest in young talented bloggers. And for the latter, such an opportunity is a chance for self-realization.

Pros for Advertisers

– Exceptionally new model. The project provides direct contact between the brand and the user. The platform uses Proof of View technology, thanks to which all views are written on the Verasity blockchain. So here anyone can in time without any problems to estimate the actual number of views.
– Advertisers. In the system there is the possibility of paying VERA for an advertising preview. So, the advertiser in the project will be able to have access to the system only to those interested in that audience.
– Sponsors. The project also gives the opportunity for VERA tokens to viewers directly to pay with the authors of the videos.

Site: https://verasity.io/
Whitepaper: https://verasity.io/documents/verasity_whitepaper_eng.pdf

Twitter https://twitter.com/verasitytech
Facebook: https://www.facebook.com/verasitytech
Github: https://github.com/verasitytech
Reddit: https://www.reddit.com/r/verasity
Bitcointalk: https://bitcointalk.org/index.php?topic=3208145.msg33322978#msg33322978
Medium: https://medium.com/verasity
Telegram: https://t.me/verasitychat

Author:

Bitcointalk Username: saycryptohello
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1336255