The current price of Verasity is $0.0012970. Over the last 24 hours, Verasity has decreased by -4.63%. It currently has a circulating supply of 9,798,580,942 VRA and a maximum supply of 96,798,580,942 VRA, giving it a fully diluted market cap of $12.64M. At present, the Verasity coin holds the 271 position in market cap rankings. The Verasity/USD price is updated in real-time.
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Verasity (VRA) is a cryptocurrency that seeks to transform the digital advertising industry by creating a decentralized ecosystem for creators, viewers, and advertisers. It is part of the broader revolution by cryptocurrencies in various sectors, including finance, gaming, and digital content.
What is Verasity?
Verasity is a blockchain-based platform that aims to revolutionize the online video industry by introducing transparency and decentralization. It addresses various challenges within the industry, including data manipulation and limited monetization opportunities for content creators. Through blockchain technology, Verasity strives to create a fairer, more efficient ecosystem that benefits all participants.
The Verasity team
Verasity boasts a talented team of individuals with extensive experience in technology, digital media, and blockchain. Led by CEO RJ Mark Hain and CTO David Orman, the team is focused on driving innovation and providing real-world solutions to the video industry's existing problems. Their combined expertise and vision have been instrumental in shaping Verasity's development and growth.
How does Verasity work?
Verasity's platform operates around its proprietary video player, seamlessly integrating with major video platforms like YouTube, Twitch, and Vimeo. This player allows for real-time, tamper-proof data collection through the blockchain, ensuring transparency and accuracy. Verasity employs a Proof of View (PoV) mechanism to validate authentic views, rewarding viewers with VRA tokens. This incentivizes engagement, creating a more interactive experience for creators and viewers.
VRA: Verasity's native token
VRA is the native cryptocurrency of the Verasity ecosystem, functioning as a utility token that facilitates transactions and interactions within the platform. Creators can earn VRA based on their content's views, while viewers can earn tokens by watching videos, engaging with interactive elements, and participating in the community. VRA tokens are also used for tipping creators, purchasing premium content, accessing exclusive perks, and participating in the platform's governance.
VRA tokenomics
The maximum supply of VRA is 10,356,466,694 ensuring scarcity and value appreciation over time. The token distribution includes allocations for the team, advisors, partnerships, marketing, community development, and ecosystem growth. By strategically allocating tokens, Verasity aims to foster a robust and sustainable ecosystem that rewards active participation and aligns the interests of all stakeholders.
VRA token use cases
VRA tokens have multiple use cases within the Verasity ecosystem. Content creators can monetize their videos by receiving VRA tokens based on the engagement and viewership of their content.
Conversely, viewers can utilize VRA tokens to unlock premium content, access exclusive perks, and tip their favorite creators. Advertisers can leverage VRA tokens to run targeted advertising campaigns and engage with a more receptive audience. The versatility of VRA tokens makes them a valuable asset within the Verasity ecosystem.
VRA token distribution
With a total maximum supply of 10,356,466,694 tokens, VRA's distribution is as follows:
An estimated 20.9 percent is allocated to the founders and the team. These tokens are subject to a lock-up until VRA achieves a designated price target, often aligned with its ICO price.
The circulating supply, constituting about 67.5%, is distributed among Verasity Wallets, VeraWallets, and third-party wallets.
Approximately 8.2% is set aside for staking activities, providing token holders with opportunities to earn rewards.
An estimated 3.4% of the supply is allocated to the foundation to support ongoing initiatives and development efforts.
Verasity: Empowering the online video industry with decentralization
Verasity promises to revolutionize the online video industry through its decentralized ecosystem, benefiting content creators, viewers, and advertisers. Verasity addresses transparency, data manipulation, and monetization challenges by utilizing blockchain technology. The native VRA token is a crucial incentive for engagement, rewarding creators, and offering value to viewers and advertisers.
With a talented team, innovative approach, and strong tokenomics, Verasity has the potential to reshape the online video landscape, creating a fairer and more sustainable ecosystem for all involved.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 2.1K new posts about Verasity, driven by 893 contributors, and total online engagement reached 380K social interactions. The sentiment score for Verasity currently stands at 79%. Compared to all cryptocurrencies, post volume for Verasity currently ranks at 1918. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Verasity.
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Posts
2,139
Contributors
893
Interactions
379,564
Sentiment
79%
Volume rank
#1918
X
Posts
1,886
Interactions
377,079
Sentiment
80%
Verasity FAQ
What is Verasity?
Verasity is a cutting-edge blockchain-based platform revolutionizing the online video industry. It offers a decentralized ecosystem that caters to creators, viewers, and advertisers, effectively tackling challenges related to transparency, data manipulation, and limited monetization options. Verasity establishes a transparent and equitable environment for all participants by leveraging blockchain technology.
What are the benefits of using VRA tokens?
Using VRA tokens within the Verasity ecosystem offers several benefits. Content creators can monetize their videos and earn VRA tokens based on engagement and viewership. Viewers, on the other hand, can earn tokens by watching videos and engaging with the platform.
VRA tokens can also be used to access premium content, tip creators, and participate in the platform's governance. Advertisers can leverage VRA tokens for targeted advertising campaigns and better audience engagement. VRA tokens provide a versatile and valuable asset within the Verasity ecosystem, benefiting all stakeholders involved.
Where can I buy VRA tokens?
Easily buy VRA tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is VRA/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for VRA with zero fees and no price slippage by using OKX Convert.
How much is 1 Verasity worth today?
Currently, one Verasity is worth $0.0012970. For answers and insight into Verasity's price action, you're in the right place. Explore the latest Verasity charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Verasity, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Verasity have been created as well.
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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