Verasity vra is a fast growing cryptocurrency company with a focus on video games and esports advertising. It just received a US patent for its own technology, which helps eliminate ad fraud, and it already has a number of revenue-generating products.
Verasity’s goal is to increase video publisher engagement and ad revenue on any video platform using its patented technology. The player and ad stack were rewarded using proof of sight, a patented protocol layer on the blockchain which only the pov values protocol is accessible created a patented blockchain system.VRA offers the following products:
- sight proof
- Proprietary video player
- Proprietary adstack
- Content NFTs as well as Protocol Layer to ensure NFT chain of authenticity
- PoV is the only patented protocol layer technology for blockchain
- VeraWallet – Payment system for product layers.
How VRA protects against scams
Sight proof applied to NFTs will help prevent some of today’s NFT fraud. Many published artists are hesitant to get into crypto until NFTs have been shown to be fraud-free and secure, and NFT has seen a 70% drop in sales as a result. Verasity (VRA) will fix chain of ownership authentication and thereby reassure content providers and NFT buyers.
A major patent in video monetization is the Proof of View patent. Verasity (VRA) is also using it to enter a broader consumer market through NFT digital collectibles, which is a developing niche.
VRA Use Cases
Users must purchase credits from VRA through Pay to Play or subscription packages in order to access casual games and esports. Advertisers also buy the VRA token in order to engage and reward viewers. Through the staking program, the Verasity Economics (VRA) provides incentives to hold VRA while simultaneously increasing demand for the utility. Viewers can receive VRA tokens for watching videos on a publisher’s website. Viewers can trade VRA for other cryptocurrencies such as Bitcoin on a variety of exchanges. Verasity makes money from Esports Fight Club paid membership and membership packages. Verasity (VRA) makes money from the advertisements it publishes. Verasity also makes money from transaction fees collected for using its network in the form of withdrawal fees.
