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Verasity Verasity

Verasity

Created using Figma
Created using Figma

Last Update

Apr 4, 2018

Verasity is a disruptive next-generation video-sharing platform. Taking the best elements from traditional models such as advertising, SVOD and crowdfunding, our decentralized blockchain takes intermediaries out of the equation and keeps value within the community.
Whitepaper
Public Sale
Jun 1, 2018
Jun 30, 2018
0% completed
no data
Goal 12 500 000 USD
upcoming
  • 1 VRA
    =
    0.01 USD
Public Pre-sale
May 1, 2018
May 31, 2018
78% completed
no data
Goal 11 200 000 USD
ongoing
  • 1 VRA
    =
    0.0075 USD
Private Sale
Mar 1, 2018
Apr 30, 2018
100% completed
no data
past

About Verasity

Verasity is a disruptive next-generation video-sharing platform. Taking the best elements from traditional models such as advertising, SVOD and crowdfunding, our decentralized blockchain takes intermediaries out of the equation and keeps value within the community.

Our patent pending “Proof-of-View” technology ensures only legitimate video views get committed to the blockchain. On Verasity, viewers determine the value of content by their consumption - rather than third-parties or advertisers.

Viewers are rewarded with VERA cryptocurrency for watching and sharing videos. If they choose to watch adverts the rewards increase.

The platform gives creators and publishers a variety of monetisation solutions to choose from including donations, pay-per-view, and subscriptions. Creators can also opt to sell ‘VeraSparks’ in their channel and accelerate their growth. The users who buy them from the 'Spark Marketplace' then share in a channel’s on-going financial success.

Features

Verasity for Viewers:

View great video content
Verasity’s economy is designed to help Viewers find the content that they really want to watch. Direct commercial relationships between channel owners and their Viewers, ensure no third party can bias content suggestions.

Get rewarded for viewing
Verasity incentivizes Viewers to engage with the platform by rewarding them with VERA for the content they watch. Advertisers directly reward Viewers who choose to watch their adverts.

Earn VERA by supporting channels
Within Verasity, Viewers can help support the growth of a content channel through VeraSparks. If Viewers own VeraSparks in a channel, they receive a portion of the VERA collected by the channel.

Verasity for Video Content Creators:

Create channels and upload videos
Any Verasity user can become a Creator and launch a channel. Verasity uses proven, scalable and high-quality video streaming technology that ensures the best experience for Creators and their fans.

Multiple monetization methods
Verasity enables microtransactions that create the most flexibility for Creators and Publishers to monetize their content. No more waiting on payments as Verasity transactions are fast, secure and transparent.

Fund development of your channel
Through VeraSparks, Creators can sell a portion of their channel’s future revenue on Verasity, in exchange for VERA. This VERA can be used to accelerate growth in a channel and users who buy VeraSparks share in the success they helped to create.

Verasity for Advertisers and Sponsors

Brand new value
Verasity creates a direct value exchange between brand spend and Viewer interaction. With Verasity’s Proof-of-View technology, each view will be recorded in a way that is transparently auditable within the Verasity Blockchain.

Advertisers
Verasity enables Advertisers to directly pay Viewers VERA in exchange for their attention. Advertisers are guaranteed to reach engaged Viewers who voluntarily accept to watch the adverts.

Sponsors
Verasity enables Brands to transact with Creators directly through the platform using VERA. This assures sponsorships and brand placements are verified through Verasity’s Proof of View technology.

Technical Info

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

Verasity Economics Paper: https://verasity.io/documents/verasity_economics_eng.pdf

Verasity Token Sale Document: https://verasity.io/documents/verasity_token_sale_proposal.pdf

Roadmap

  • Q3 2017

  • Founders identified opportunity for blockchain based video platform and started investigations - Delivered Adapted an existing white label UDP video player and CDN which has proven scale - Delivered UDP Video Player technology built into Chromium. TCP fallback integrated into player for seamless use on non-UDP enabled browsers - Delivered

  • Q4 2017

  • UDP video player tested with Akamai at 30m+ unique users per month - Delivered Assemble core team and advisors - Delivered Write and validate white paper - Delivered Investigation into Blockchain ledger - Delivered

  • Q1 2018

  • Creation of Foundation structure - Delivered Release VeraPlayer prototype - Delivered Announcement of project, publish whitepaper - Ongoing Launch Public sale website - Ongoing

  • Q2 2018

  • Fundraise through private sale - Ongoing Launch public sale Release Wallet prototype Expand team of engineers
    • Read More

  • Q3 2018

  • Release and test Blockchain Release VeraWallet Convert VERA onto Verasity Blockchain Launch CMS and Analytics

  • Q4 2018

  • Launch beta of consumer platform to a select group of Creators Launch VeraPay

  • 2019

  • Launch full version of site Launch Spark Marketplace Add advertising as a monetization option

  • 2020

  • Launch mobile apps Scale platform to 15m VeraWallet holders

Materials

Verasity

Activity

BitcoinTalk
Status:
Member
MEDIUM
Activity:
71
LOW
Merit:
10
LOW
Posts:
147
LOW
Views:
1 509
LOW
Facebook
Posts:
178
MEDIUM
Followers:
251 320
VERY HIGH
Likes:
251 122
VERY HIGH
Rating:
4.70
VERY HIGH
Reviews:
63
MEDIUM
Twitter
Followers:
10 650
VERY HIGH
Tweets:
370
HIGH
Telegram
Members:
43 839
VERY HIGH
Alexa
Rank:
91 934
VERY HIGH
Delta:
-7 396 072

Team

Verified 92%

Attention. There is a risk that unverified members are not actually members of the team

David Orman
CEO
verified
Scott Brown
Project and Video Network Expert
verified
Chris Morof
Lead Engineer
verified
Andy Long
Blockchain & Data Centre Expert
unverified
Kyrylo Bybyk
Senior Blockchain Developer
verified
Ievgen Iegoroch...
Blockchain Developer
verified
Dmytro Medianik
High-load back-end developer & security engineer
verified
Mykolai Chapny
Blockchain and back-end Developer
verified
Anton Lukashenk...
Full-stack Developer
verified
Tom Hillman
Director of Communications
verified
Jon Hook
Advertising Technology Expert
verified
Danielle Franci...
Marketing
verified
Merv, Leslie
Social Video Expert
verified

Advisors

Verified 50%

Attention. There is a risk that unverified members are not actually members of the team

Dr. Christian J...
Economic Advisor
verified
Matt Haiman
Advisor, Investor, Media Expert
unverified
David Orman
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Very excited to be part of Verasity's next generation video platform project. Launching a new cryptocurrency (VERA) and utilising the blockchain to solve many of the big issues in the media world.
Scott Brown
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
The prospects of Verasity are so exciting, solving and evolving the legacy issues in media ecosystems through blockchain and digital economies. The opportunity for for disruption in multiple dimensions is simply limitless, not to mention the satisfaction of helping content creators and consumers to get the most out of their engagements with the platform.

Very excited to be involved with the project.
Chris Morof
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Being an active part of the video community both in ad tech and video tech we are working together for the common goal of disrupting the video world. As a Verasity team member I am actively consulting the team relative to tech, being an active developer
Dr. Christian Jaag
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Introducing its own token allows Verasity to organise its video platform as an independent economy, and therefore to use tools from fiscal and monetary policy to stabilize price levels and foster growth.
Kyrylo Bybyk
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Blockchain Developer
Ievgen Iegorochkin
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Within the Verasity team I work closely with the other developers on our team to ensure high performance of all blockchain elements within our products.
By utilizing some unique technology, Verasity is able to facilitate a complete ecosystem where both video creators and viewers can thrive.
Dmytro Medianik
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Having worked on multiple projects during my career, Verasity is a stand out project in so many ways. The fundamental idea, great team and overall technology are in a prime position to build a platform built to last. My role in the team is to ensure the security and scalability of the platform for our community.
Mykolai Chapny
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Having worked within online video for many years, helping to build the future of the industry is extremely exciting. My role within the project is to make sure all the backend technology and blockchain features work well together!
Anton Lukashenko
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
It is great to be part of such a talented and innovative team. I'm looking forward to helping the whole online video industry utilize Blockchain technology in a way that helps drive the growth and development of content creators!
Tom Hillman
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm Director of Communications at Verasity. I've been working in media for around ten years now and have experience in audience development, digital marketing, comms, social media, and community building.

Having worked for Guardian Media Group, and other global publishing entities, I'm acutely aware of how challenging the current landscape is for creators and publishers to not only get their content seen but also receive fair remuneration. I'm really excited about Verasity as it will be a step-change in the industry.

Verasity is a disruptive video sharing platform that puts the power back into the hands of the viewers and creators. Using Verasity’s own blockchain, viewers accumulate VERA cryptocurrency by watching and sharing content. Viewers then use VERA to donate, unlock pay-per-view videos and subscriptions from the creators they love. It’s a platform that empowers creators and viewers. Cuts out the middlemen. And improves the experience of online video for everyone.
Jon Hook
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Advisor to the Verasity.IO team.

New revenue models for content creators, publishers and advertisers need to be created as the current digital advertising model is failing and in serious decline. There is too much "smoke and mirrors' in the current video advertising ecosystem with a lot of advertiser money lost in hidden tech fees, meaning the publisher/creator lose out, the consumer loses out and so does the advertiser.

The Verasity team are focussed on developing the new consumer video model, building on existing and proven digital formats that have worked well in the gaming space such as rewarded video. From my time in the gaming and mobile word this trend and type of "ad format" is continuing to grow and break into mainstream premium publishers. Verasity's vision and tech is the next step in this process.
Danielle Francis
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Advise Marketing team on user growth and mobile products.
Merv, Leslie
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Provide a helping hand to ensure that Verasity is a content-first environment. Putting premium creators and their content at the centre of it all

Last News

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