What advantages does Verasity offer over current platforms like YouTube, twitch etc, unless there are clear advantages there is very little chance of getting adoption let alone mass adoption
Here's a list of our competitive advantages:
Videos on Verasity’s system are hosted on the world’s largest CDN (Akamai) rather than using unproven decentralized video distribution technology. Right from the start users will receive the consistently high-quality experience they’ve grown accustomed to and that is essential for adoption of the platform.
Verasity’s video player technology (VeraPlayer™) has distributed over 8 Petabytes of data in a month and is already embedded on leading ICO rating sites such as ICO Bench.
Decentralized blockchain — Verasity’s high-performance blockchain will provide the throughput required to support microtransactions at scale, overcome congestion, and other issues such as users forcing hard forks. Users will be able to transact directly between themselves without requiring middlemen which currently take a large percentage of value out of the ecosystem before creators even get paid. Users get to choose whether they watch advertising and if they do they'll get rewarded directly by advertisers for their time. Creators also get paid in near-real-time rather than having to wait for 60 or 90-days for payment in some cases. Verasity also includes donations, pay-per-view, monthly paid subscriptions all from within the browser.
Proof-of-View (PoV™) (Patent Pending) tech — Ensures accurate and secure audience metrics, allows for independent auditing, and tackles issues such as ad-fraud and fake/bot views which are rampant on existing platform.
Spark Marketplace — Think the next evolution of crowdfunding where users will be able to directly fund the growth of content as well as fund projects such as feature films and then receive an on-going share of the success in VERA.
Economic Model — Working with Dr. Christian Jaag (founder of the Centre for Cryptoeconomics), Verasity has commissioned one of the most extensive economic analyses ever undertaken on a crypto-economy. The model, which was created off the back of thousands of simulations and stress tests, is designed to create a stable economy with a 3% inflation rate. More information can be found at this link:
https://verasity.io/documents/verasity_economics_eng.pdfvDaf — a suite of online video platform products designed for international broadcasters and large media outlets. Verasity’s suite of products will allow them to use our video platform, CMS, VeraPlayer™ with integrated wallet, analytics, Proof-of-View™ technology, and last but not least our robust monetization system that allows donations, pay-per-view, monthly subscriptions, and the revolutionary Spark Marketplace.
Token Compliance — Verasity is SICOP (Sustainable ICOs Protocol) compliant meaning that Verasity is committed to conducting a safe and secure ICO, maintaining good practice and ethics. Further information is available:
http://sicop.tokeny.com/verasity-tokeny-u180301Wow! Thank you so much for the detailed write-up! I'm not the guy you're responding too, but you had managed to sway me - I was skeptic (as far as Verasity goes) but now I'm willing to invest in your ICO. Seriously well-thought-out response.
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