[ANN][ICO]Verasity - A next-generation video sharing platform

[verasity]

Project  Verasity is quite attractive. Tell me please, will it be more like Youtube? Still such question to me arose, if you have reached a soft cap so quickly, then tell me you can see the information on what the investors' money was invested in the project?

Whilst Verasity will have a video-sharing platform like YouTube we've also got vDaf which is a suite of online video platform products designed for international broadcasters and large media outlets.

These are media companies who have a lot of video content yet aren't able to monetize it well at the moment. Verasity's suite of products will allow them to use our video platform, CMS, proprietary player 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.

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[berta81]

Interests me why to the platform such huge number of tokens in a turn? On it there are some specific purposes, explanations? Just in my opinion, the there are less tokens, the attention from users to the project is more.

[Amaureshands]

Tell me correctly I understand that users will receive a reward for sharing videos and watching ads?
I think this would be a great motivation for the community

[verasity]

Interests me why to the platform such huge number of tokens in a turn? On it there are some specific purposes, explanations? Just in my opinion, the there are less tokens, the attention from users to the project is more.

Sure, VERA (VRA) is a high-volume token as our economy needs to be able to manage microtransactions at a massive scale. You can find out more about our economy in our economic whitepaper here: https://verasity.io/documents/verasity_economics_eng.pdf


It's worth checking out as we believe it's one of the most extensive analyses ever done on a cryptocurrency. It shows that the Verasity economy will not only stand the test of time but it can also function as a proper economy!

[verasity]

Tell me correctly I understand that users will receive a reward for sharing videos and watching ads?
I think this would be a great motivation for the community

On Verasity Viewers get to choose whether they want to watch adverts or not. If you choose to watch them you'll get paid directly be advertisers for your time.

In fact, choice is a big theme that runs throughout Verasity. You'll also get to choose how much of your demographic data you wish to share with advertisers and whether you want to let them target you with advertising based on your interests. If you want to allow them to have more of your demographic data you'll be rewarded more.

We'll also have incentives for people to share and watch videos - we'll go into more detail about this the closer we get to launch!

[verasity]

Interests me why to the platform such huge number of tokens in a turn? On it there are some specific purposes, explanations? Just in my opinion, the there are less tokens, the attention from users to the project is more.

Sure, VERA (VRA) is a high-volume token as our economy needs to be able to manage microtransactions at a massive scale. You can find out more about our economy in our economic whitepaper here: https://verasity.io/documents/verasity_economics_eng.pdf


It's worth checking out as we believe it's one of the most extensive analyses ever done on a cryptocurrency. It shows that the Verasity economy will not only stand the test of time but it can also function as a proper economy!

[verasity]

It seems verasity is aiming to be like youtube but will be using blockchain technology as its main system. Good luck on your project.

Whilst Verasity will have a video-sharing platform like YouTube we've also got vDaf which is a suite of online video platform products designed for international broadcasters and large media outlets.

These are media companies who have a lot of video content yet aren't able to monetize it well at the moment. Verasity's suite of products will allow them to use our video platform, CMS, proprietary player 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.

It's also worth noting that unlike some projects, which are doing decentralized video distribution, we're partnering with Akamai (the world's largest CDN). By centralizing our video distribution we're able to make sure that you'll get the high-quality video experience you expect without buffering.

[crazyer1976]

Simple and easy monetization of unique video content is a promising direction of investment. I have a question for you: how is your project better than the project https://viuly.io? I would like to invest in the video content industry. But my investment in https://viuly.io they were unprofitable (the project tokens cost much lower than the price of the ICO). I wouldn't want to lose money again.

[verasity]

Simple and easy monetization of unique video content is a promising direction of investment. I have a question for you: how is your project better than the project https://viuly.io? I would like to invest in the video content industry. But my investment in https://viuly.io they were unprofitable (the project tokens cost much lower than the price of the ICO). I wouldn't want to lose money again.

Compared to similar projects, Verasity has more than a few distinguishing factors:

1) Videos on Verasity's system are hosted on the world's largest CDN (Akamai) rather than using unproven decentralized video distribution technology. This ensures that right from the start, users will receive the consistently high-quality experience they've grown accustomed to. Verasity’s video player technology has distributed over 8 Petabytes of data in a month and is already embedded on leading ICO rating sites such as ICO Bench. You can test our player out right now: https://verasity.io/player

2) Decentralized proprietary blockchain (Q3 2018) - Verasity’s high-performance proprietary blockchain will provide the throughput required to support microtransactions at scale, overcome congestion, and other issues such as users forcing hard forks.

3) Proof-of-View™ (Patent Pending) - Ensures accurate and secure audience metrics, allows for independent auditing, and tackles issues such as ad-fraud and fake/bot views.

4) 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.

5) 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.pdf

6) vDaf - 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, proprietary player 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.

7) 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-u180301

[btmndotio]

How this Verasity compare to $TUBE in terms of video online services?

[verasity]

How this Verasity compare to $TUBE in terms of video online services?

I think our answer would be the same as the community member asking about View.ly. It's also worth noting that on Verasity users decide whether they want to watch adverts - if they do then they'll get paid for their attention directly by advertisers.

1) Videos on Verasity's system are hosted on the world's largest CDN (Akamai) rather than using unproven decentralized video distribution technology. This ensures that right from the start, users will receive the consistently high-quality experience they've grown accustomed to. Verasity’s video player technology has distributed over 8 Petabytes of data in a month and is already embedded on leading ICO rating sites such as ICO Bench. You can test our player out right now: https://verasity.io/player

2) Decentralized proprietary blockchain (Q3 2018) - Verasity’s high-performance proprietary blockchain will provide the throughput required to support microtransactions at scale, overcome congestion, and other issues such as users forcing hard forks.

3) Proof-of-View™ (Patent Pending) - Ensures accurate and secure audience metrics, allows for independent auditing, and tackles issues such as ad-fraud and fake/bot views.

4) 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.

5) 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.pdf

6) vDaf - 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, proprietary player 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.

7) 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-u180301

[verasity]

Take Your Power Back On Verasity

We realised a long time ago that not everyone wants or even needs the same things. That’s why we believe you shouldn’t be forced into using a one-size-fits-all video platform where the decisions are made on your behalf!

One of the cornerstones of Verasity is choice. Whether that's choosing as a Viewer whether you want to watch adverts or the choice as a Creator/Publisher on how you want to monetize your video content. That’s what you’ll get on Verasity.

It’s only been relatively recently that people around the world have realised that they're the product and they’ve been paying for "free" services with their personal data. At Verasity we’re going to completely turn that around. You’re going to get to choose whether you want to see adverts, how much personal data you want to share with advertisers, and even the ways in which you want to support your favourite creators.

On Verasity you get to choose whether you want to watch advertisements. If you do you’ll get paid directly for your attention by advertisers in Verasity’s cryptocurrency, VERA. You’re also going to get to decide how much information you share with advertisers or whether you want to receive targeted advertising based on that information. If you choose to receive targeted advertising and share your demographic information, you’ll get paid more when you watch advertising. On Verasity, the choice is up to you. You can keep your data to yourself or get paid by the people who want to use it in the first place!
 
On existing video-sharing platforms if you want to support a creator, all you can do is turn your Ad-blocker off, watch the adverts, and hope that they get the money they deserve. Verasity’s going to give you the power to choose exactly how you want to support your favourite creators. You can donate directly, with the knowledge that there are no external middlemen taking their cut first. You can unlock pay-per-view videos with VERA for an amount that the Creator themselves has set. Or you can even support them on an ongoing basis and pay for a monthly recurring subscription. All of this happens from within Verasity’s video player which is revolutionary!
 
We’re even going to give you the chance to get even closer to your favourite creators. The Spark Marketplace is the next evolution of crowdfunding and allows Creators to put a portion of their channel future revenue on the Spark Marketplace in the form of VeraSparks, and let their fans buy them with VERA. The people who buy them then receive a portion of that channel’s incoming VERA from that point onwards until they sell those VeraSparks.
 
Remember, on Verasity you get to take your power back. You get to choose whether you want to see ads, whether you want to share your data, how much data you want to share, and you also get to choose how you want to support your favourite creators.
 
Find out below how to join the online video revolution today!

How To Buy VERA Tokens

The Verasity Token Sale is now live! Each day the price of VERA will increase by 1% so make sure you jump in and get it at the best price possible!

→ https://verasity.io/sale/sign-up ←

Join our community:
If you want to join the conversation about Verasity then please follow our various accounts below!

Website: https://verasity.io
Telegram: http://t.me/verasitychat
Twitter: https://twitter.com/verasitytech
Facebook: https://facebook.com/verasitytech
LinkedIn: https://www.linkedin.com/company/verasity
Reddit: https://www.reddit.com/r/verasity

[Junralz]

As I visited the site it seems that their softcap already reached? Anyway, while waiting for the confirmation I think Verasity team are composed of professional because I can see it in the website and they are really transparent.

The softcap has already been reached! You can see exactly how many tokens have been sold and when the next price increase of VERA (VRA) arrives at https://verasity.io

Then this is definitely a worth to invest it is because the soft cap has already been reached which every investors wanted to happen. Moreover, the team can confidently advertise their platform with ease because of their great achievement. So, I think the next step to do is to focus on their hard cap which I expect to also be a success.

[verasity]

As I visited the site it seems that their softcap already reached? Anyway, while waiting for the confirmation I think Verasity team are composed of professional because I can see it in the website and they are really transparent.

The softcap has already been reached! You can see exactly how many tokens have been sold and when the next price increase of VERA (VRA) arrives at https://verasity.io

Then this is definitely a worth to invest it is because the soft cap has already been reached which every investors wanted to happen. Moreover, the team can confidently advertise their platform with ease because of their great achievement. So, I think the next step to do is to focus on their hard cap which I expect to also be a success.

Well thank you! If you believe in Verasity please keep spreading the word about what we're doing and the token sale: https://verasity.io/sale/sign-up

[ishinn99]

As I visited the site it seems that their softcap already reached? Anyway, while waiting for the confirmation I think Verasity team are composed of professional because I can see it in the website and they are really transparent.

The softcap has already been reached! You can see exactly how many tokens have been sold and when the next price increase of VERA (VRA) arrives at https://verasity.io

Then this is definitely a worth to invest it is because the soft cap has already been reached which every investors wanted to happen. Moreover, the team can confidently advertise their platform with ease because of their great achievement. So, I think the next step to do is to focus on their hard cap which I expect to also be a success.

Well, proper planning and implementations of their plans will really help this project to reach its hard cap soon, for now let's watch and see how far this project can go and how successful they are soon.

[snos-boss]

Simple and easy monetization of unique video content is a promising direction of investment. I have a question for you: how is your project better than the project https://viuly.io? I would like to invest in the video content industry. But my investment in https://viuly.io they were unprofitable (the project tokens cost much lower than the price of the ICO). I wouldn't want to lose money again.

I would not compare it all https://viuly.io it is a failure of the project because the developers have stopped to deal with its development. And if you read the white paper, you will understand that here the concept is much better

[verasity]

Simple and easy monetization of unique video content is a promising direction of investment. I have a question for you: how is your project better than the project https://viuly.io? I would like to invest in the video content industry. But my investment in https://viuly.io they were unprofitable (the project tokens cost much lower than the price of the ICO). I wouldn't want to lose money again.

I would not compare it all https://viuly.io it is a failure of the project because the developers have stopped to deal with its development. And if you read the white paper, you will understand that here the concept is much better

Obviously it wouldn't be fair for us to deconstruct Viuly too much but we're confident in our whitepaper - it's 63 pages of substance and rationale for why Verasity exists, how we're going to disrupt the online video market, and why blockchain/our token is required to make it happen.

We've got a lot more literature if you're interested.

https://verasity.io/documents/verasity_whitepaper_eng.pdf <- Whitepaper
https://verasity.io/documents/verasity_blockchain_architecture_eng.pdf <- Yellowpaper
https://verasity.io/documents/verasity_economics_eng.pdf <- Economic Whitepaper
https://verasity.io/documents/verasity_token_sale_proposal.pdf <- Token Sale Document

[Arvilaine]

Simple and easy monetization of unique video content is a promising direction of investment. I have a question for you: how is your project better than the project https://viuly.io? I would like to invest in the video content industry. But my investment in https://viuly.io they were unprofitable (the project tokens cost much lower than the price of the ICO). I wouldn't want to lose money again.

I would not compare it all https://viuly.io it is a failure of the project because the developers have stopped to deal with its development. And if you read the white paper, you will understand that here the concept is much better

Obviously it wouldn't be fair for us to deconstruct Viuly too much but we're confident in our whitepaper - it's 63 pages of substance and rationale for why Verasity exists, how we're going to disrupt the online video market, and why blockchain/our token is required to make it happen.

We've got a lot more literature if you're interested.

https://verasity.io/documents/verasity_whitepaper_eng.pdf <- Whitepaper
https://verasity.io/documents/verasity_blockchain_architecture_eng.pdf <- Yellowpaper
https://verasity.io/documents/verasity_economics_eng.pdf <- Economic Whitepaper
https://verasity.io/documents/verasity_token_sale_proposal.pdf <- Token Sale Document

Your project got a very big potential ahead ,though viuly didn't make it as a profitable platform your project is way better for me,you have a well-planned and well-studied whitepaper, enough to make a major breakthrough in this industry.I will surely invest in this project.

As what I can see, this project is really big. The advertisements that they make is enormous which is really important since a project like this needs a big community but something that will really support the objective of it and not because they are just going to get some rewards.

[persefona]

In the economic document you have provided enough information about the way the project will achieve economic development. So far I have not seen such a detailed description. I think Verasity will be able to control deflation thanks to his strategy.

[Queregaett]

What functional set will be available in the desktop wallet? Will there be additional rewards for those users who will not spend their tokens but want to keep them in their desktop wallet for a while?