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

[verasity]

Crypto Canucks on how Verasity is going to make sure Vloggers and online video creators get a better deal! https://cryptocanucks.com/creating-a-better-deal-for-content-creators-through-blockchain/?utm_content=buffer80b90&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

[Letopisets]

A very interesting project, but in this niche there is very much competition. Are you going to compete with YouTube  and facebook video services?

[verasity]

A very interesting project, but in this niche there is very much competition. Are you going to compete with YouTube  and facebook video services?

Thanks for the question, Verasity's video-sharing platform will complete against YouTube and Facebook's video services however our go-to-market strategy is robust and we know that once Creators see how much more they could be earning on Verasity adoption will ramp up quickly. That's before you get to the fact that we provide more choice than existing video platforms and don't force creators into a one-size-fits-all model.

Verasity isn't just a video-sharing platform though, our vDaf protocol will allow media businesses around the world to see better returns on their video content through our infrastructure. You can find out more about that here: https://medium.com/verasity/introducing-vdaf-verasity-decentralized-application-framework-5b5757777ae2

We'll have a lot more info coming on vDaf in the coming weeks!

[PchelkaMaja95]

Will the video be moderated? How are you going to deal with inappropriate content? Will they be moderated or will this happen automatically?

[verasity]

Will the video be moderated? How are you going to deal with inappropriate content? Will they be moderated or will this happen automatically?

Whilst most of the technology around Verasity is decentralized, our video distribution isn't - it will be delivered by a high-performance CDN. This means that content can be taken down. Verasity is going to adopt more of a Reddit style moderation approach, however illegal content will still be removed.

This is important as it means that the whole platform won't be blacklisted by advertisers or have its brand tarnished.

Initially moderation will be handled in-house but we have plans to move it out into the community over time with incentives so the community will police the community.

[angrygerl]

Will the video be moderated? How are you going to deal with inappropriate content? Will they be moderated or will this happen automatically?

Whilst most of the technology around Verasity is decentralized, our video distribution isn't - it will be delivered by a high-performance CDN. This means that content can be taken down. Verasity is going to adopt more of a Reddit style moderation approach, however illegal content will still be removed.

This is important as it means that the whole platform won't be blacklisted by advertisers or have its brand tarnished.

Initially moderation will be handled in-house but we have plans to move it out into the community over time with incentives so the community will police the community.

Thank you for such a detailed answer. I was just interested in this question. I think in the future the community will be moderating the content itself, it will be just super.

[Wellderly]

Just to check how do your company differentiate yourself from other existing players like Youtube and Vimeo?

[verasity]

Just to check how do your company differentiate yourself from other existing players like Youtube and Vimeo?

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

Videos on Verasity system are hosted on a high-performance CDN rather than using unproven decentralized video distribution technology. This ensures that right from the start, users will receive a consistently high-quality experience. 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.

Verasity doesn't force a one size fits all model so creators can choose how to monetize their videos e.g. Donations, pay per view, monthly subscriptions etc.

Viewers choose whether they want to watch advertising - if they do they get rewarded directly from advertisers.

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.

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.

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. 

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 here. 

[Amaureshands]

I read that the team tokens will be frozen until 2020. This simply means that guys believe in their product for a long time. And they have no choice but to do everything qualitatively

[orchideja75]

I would like to see the alpha version of the project. When will the testing of the project be available? I hope tokens grow very quickly in price.

[Arcurislahalyn]

With copyrights everything will be as difficult as on YouTube? Or will I be able to upload my own cuts from TV shows for example?

[alexsmalex]

The software is already assembled. So investors trust the project. I think to buy tokens for myself I believe in the success of this project.

[SamDummy]

there are already similar projects on the blockchain. Than you are better? what is your feature?

[verasity]

there are already similar projects on the blockchain. Than you are better? what is your feature?

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

Videos on Verasity system are hosted on a high-performance CDN rather than using unproven decentralized video distribution technology. This ensures that right from the start, users will receive a consistently high-quality experience. 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.

Verasity doesn't force a one size fits all model so creators can choose how to monetize their videos e.g. Donations, pay per view, monthly subscriptions etc.

Viewers choose whether they want to watch advertising - if they do they get rewarded directly from advertisers.

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.

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.

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. 

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 here.

[verasity]

I would like to see the alpha version of the project. When will the testing of the project be available? I hope tokens grow very quickly in price.

We'll be rolling out the beta towards the end of the year.

[verasity]

With copyrights everything will be as difficult as on YouTube? Or will I be able to upload my own cuts from TV shows for example?

Well copyright is copyright unless you are transforming work. We'll have a similar moderation approach to Reddit but illegal content won't be allowed.

[mlrdcoin]

Do I understand correctly that you have already raised more than $ 9 million? when will ico end? when will the launch of your wallet?

[Wellderly]

Just to check how do your company differentiate yourself from other existing players like Youtube and Vimeo?

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

Videos on Verasity system are hosted on a high-performance CDN rather than using unproven decentralized video distribution technology. This ensures that right from the start, users will receive a consistently high-quality experience. 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.

Verasity doesn't force a one size fits all model so creators can choose how to monetize their videos e.g. Donations, pay per view, monthly subscriptions etc.

Viewers choose whether they want to watch advertising - if they do they get rewarded directly from advertisers.

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.

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.

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. 

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 here. 

got it, thanks for your answer!

[rendravolt]

So the project that refers to the video? it seems really interesting, but outside of it there are still many projects that are better and beyond everyone's expectations. make everyone confident with what you offer.

[snos-boss]

I'm certainly worried that the project is going to compete with YouTube. It will not be easy at least. But the project has a number of advantages.