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

[verasity]

what is the motive for the discount of the tough cap? have you ever already obtained support from huge traders? i'm hoping that the challenge will maintain to actively display correct effects after the closure of ICO.

The Amazon Web Services (AWS) partnership has helped the project reduce the value of a hard cap. The media channel has details of this cooperation.

Is there really an Amazon Web Services partnership or can anyone claim such a partnership because they use the Amazon service?

Partnership with Amazon? This is really cool. Where you can read more about this. It will be very interesting to me.

Yeah anyone can claim that partnership but AWS is not an ordinary company that anyone can claim or else they want and easy jurisdiction.

I find these informations for you brothers. Because, i have a strong belief and trust to its whole team.

From their telegram announcent,

"We also happen to be one the first blockchain startups to be accepted into the program." https://medium.com/verasity/what-the-amazon-partnership-means-for-verasity-68b1637e9c61

Not that easy to assess the value of such a partnership since you don't really know how hard it is to get in or if it is even hard at all.

Anyone can get onto the AWS Activate base tier program however the Portfolio Plus level which we've been accepted into is hard. Amazon do due diligence on the company to make sure it's a serious and viable business. Only select startups, VCs, incubators etc are accepted into Portfolio Plus.

[Dump3er]

Good afternoon. I think this is quite an interesting project. But I would like to ask - why only 50% of tokens goes on sale? Why are so many tokens allocated to the team, advisers and foundation. I also wonder if the team's tokens will be frozen and if so then for how long. Thank you.

I think that the team has identified the size of their allocation based on the number of participants. A question about blocking command token is described on the website of the ICO. As I understand it, this  blocking will last until the year 2020.

Keeping 50% back is quite a lot. Usually projects use a good chunk of that to further incentivize people to come onto the platform. That's understandable if they would do that, too.

[verasity]

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.pdf

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, 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-u180301

[datguyian]

Is there already information about the agreements with new exchanges? I've seen the agreement with Exrates. I think that your project may be interesting for other exchanges. Are you receiving new offers?

Well, to start selling tokens, I think that's quite enough. And after the project is actively developed, the team will expand the list of exchanges with which they will cooperate.

At high ratings of the project the exchanges themselves will want to accept the token Verasity. At this point, it is important for developers to find  large investors to make the platform development a success.

I don't think it will work that way. The exchanges have a prime position and they very rarely accept cryptos for free.

[verasity]

Good afternoon. I think this is quite an interesting project. But I would like to ask - why only 50% of tokens goes on sale? Why are so many tokens allocated to the team, advisers and foundation. I also wonder if the team's tokens will be frozen and if so then for how long. Thank you.

I think that the team has identified the size of their allocation based on the number of participants. A question about blocking command token is described on the website of the ICO. As I understand it, this  blocking will last until the year 2020.

Keeping 50% back is quite a lot. Usually projects use a good chunk of that to further incentivize people to come onto the platform. That's understandable if they would do that, too.

Here's how the token sale allocation is being split:

50% Community Investors
20% Core Team & Founders
19% Foundation
7.5% Advisors
2.5% Referral Program
1.0% Stabilization Fund

Please see the token sale document for how proceeds of the token sale will be used: https://verasity.io/documents/verasity_token_sale_proposal.pdf

[verasity]

Is there already information about the agreements with new exchanges? I've seen the agreement with Exrates. I think that your project may be interesting for other exchanges. Are you receiving new offers?

Well, to start selling tokens, I think that's quite enough. And after the project is actively developed, the team will expand the list of exchanges with which they will cooperate.

At high ratings of the project the exchanges themselves will want to accept the token Verasity. At this point, it is important for developers to find  large investors to make the platform development a success.

I don't think it will work that way. The exchanges have a prime position and they very rarely accept cryptos for free.

It's very rare nowadays for exchanges to list tokens for free. Most are pay-to-play in some way.

[Juanleylacorav]

what is the motive for the discount of the tough cap? have you ever already obtained support from huge traders? i'm hoping that the challenge will maintain to actively display correct effects after the closure of ICO.

The Amazon Web Services (AWS) partnership has helped the project reduce the value of a hard cap. The media channel has details of this cooperation.

Is there really an Amazon Web Services partnership or can anyone claim such a partnership because they use the Amazon service?

Partnership with Amazon? This is really cool. Where you can read more about this. It will be very interesting to me.

Yeah anyone can claim that partnership but AWS is not an ordinary company that anyone can claim or else they want and easy jurisdiction.

I find these informations for you brothers. Because, i have a strong belief and trust to its whole team.

From their telegram announcent,

"We also happen to be one the first blockchain startups to be accepted into the program." https://medium.com/verasity/what-the-amazon-partnership-means-for-verasity-68b1637e9c61

Not that easy to assess the value of such a partnership since you don't really know how hard it is to get in or if it is even hard at all.

Anyone can get onto the AWS Activate base tier program however the Portfolio Plus level which we've been accepted into is hard. Amazon do due diligence on the company to make sure it's a serious and viable business. Only select startups, VCs, incubators etc are accepted into Portfolio Plus.

I am glad to see you in the list of reputable participants in this category. I am confident that with the support of the AWS, you can realize your idea in a specified time frame. For me, your participation in this program is essential for making a decision.

[hxmsam]

Hello development team! Do you have such information what amount is currently collected? On the site I did not find such information, I'm curious to know how your time passes in investing in your project.

I do not know how often the link is updated, but now the sensor shows tokens sold: 2,491,587,964.
Soft cap in $4M achieved, at the moment Verasity need to collect Hard cap: $25M

Quite a large amount which should be collected in the near future, but I very much hope that we will see good news from the team.

[snos-boss]

Is there already information about the agreements with new exchanges? I've seen the agreement with Exrates. I think that your project may be interesting for other exchanges. Are you receiving new offers?

Well, to start selling tokens, I think that's quite enough. And after the project is actively developed, the team will expand the list of exchanges with which they will cooperate.

At high ratings of the project the exchanges themselves will want to accept the token Verasity. At this point, it is important for developers to find  large investors to make the platform development a success.

I don't think it will work that way. The exchanges have a prime position and they very rarely accept cryptos for free.

It's very rare nowadays for exchanges to list tokens for free. Most are pay-to-play in some way.

Exrates is already your partner by prior agreement, and I think that is enough to have one quality to meet all the needs of exchange customers.

[Feritylenauria]

Hello development team! Do you have such information what amount is currently collected? On the site I did not find such information, I'm curious to know how your time passes in investing in your project.

I do not know how often the link is updated, but now the sensor shows tokens sold: 2,491,587,964.
Soft cap in $4M achieved, at the moment Verasity need to collect Hard cap: $25M

Quite a large amount which should be collected in the near future, but I very much hope that we will see good news from the team.

You are right. The end of ICO is scheduled for July 11. But the team said that, regardless of the charges of the investment fund, the project will be launched. It's good for us. Hard Cap accelerates the process of implementation of all functions.

[persefona]

Good afternoon. I think this is quite an interesting project. But I would like to ask - why only 50% of tokens goes on sale? Why are so many tokens allocated to the team, advisers and foundation. I also wonder if the team's tokens will be frozen and if so then for how long. Thank you.

I think that the team has identified the size of their allocation based on the number of participants. A question about blocking command token is described on the website of the ICO. As I understand it, this  blocking will last until the year 2020.

Keeping 50% back is quite a lot. Usually projects use a good chunk of that to further incentivize people to come onto the platform. That's understandable if they would do that, too.

Here's how the token sale allocation is being split:

50% Community Investors
20% Core Team & Founders
19% Foundation
7.5% Advisors
2.5% Referral Program
1.0% Stabilization Fund

Please see the token sale document for how proceeds of the token sale will be used: https://verasity.io/documents/verasity_token_sale_proposal.pdf

I think this is a fair distribution of investment fund. I think the team deserve to make a profit. And now everyone can take part in buying tokens. To do this, still have time.

[OZmaster]

what is the motive for the discount of the tough cap? have you ever already obtained support from huge traders? i'm hoping that the challenge will maintain to actively display correct effects after the closure of ICO.

The Amazon Web Services (AWS) partnership has helped the project reduce the value of a hard cap. The media channel has details of this cooperation.

Is there really an Amazon Web Services partnership or can anyone claim such a partnership because they use the Amazon service?

Partnership with Amazon? This is really cool. Where you can read more about this. It will be very interesting to me.

Yeah anyone can claim that partnership but AWS is not an ordinary company that anyone can claim or else they want and easy jurisdiction.

I find these informations for you brothers. Because, i have a strong belief and trust to its whole team.

From their telegram announcent,

"We also happen to be one the first blockchain startups to be accepted into the program." https://medium.com/verasity/what-the-amazon-partnership-means-for-verasity-68b1637e9c61

Not that easy to assess the value of such a partnership since you don't really know how hard it is to get in or if it is even hard at all.

 This can only be understood by those who want to have such cooperation. But I think that the support of this company will bring a result that can be evaluated by investors. I see that the team gained a high degree of  trust.

Of course but sometimes it is only because they can say there is a partnership without seriously cooperating on anything.

[Zabrysaitr]

what is the motive for the discount of the tough cap? have you ever already obtained support from huge traders? i'm hoping that the challenge will maintain to actively display correct effects after the closure of ICO.

The Amazon Web Services (AWS) partnership has helped the project reduce the value of a hard cap. The media channel has details of this cooperation.

Is there really an Amazon Web Services partnership or can anyone claim such a partnership because they use the Amazon service?

Partnership with Amazon? This is really cool. Where you can read more about this. It will be very interesting to me.

Yeah anyone can claim that partnership but AWS is not an ordinary company that anyone can claim or else they want and easy jurisdiction.

I find these informations for you brothers. Because, i have a strong belief and trust to its whole team.

From their telegram announcent,

"We also happen to be one the first blockchain startups to be accepted into the program." https://medium.com/verasity/what-the-amazon-partnership-means-for-verasity-68b1637e9c61

Not that easy to assess the value of such a partnership since you don't really know how hard it is to get in or if it is even hard at all.

 This can only be understood by those who want to have such cooperation. But I think that the support of this company will bring a result that can be evaluated by investors. I see that the team gained a high degree of  trust.

Of course but sometimes it is only because they can say there is a partnership without seriously cooperating on anything.

I cannot claim that such cooperation is already yielding results, because I have not been involved in the development. But thanks to the AWS, the team was able to reduce the collection of hard cap. I think that soon we all will see.

[Ciidoctor]

I think that this project will find a response in the hearts of investors and will open wallets for this project. But, there is competition - piracy. Can you resist?

[Oritzionar]

A great team of professionals. I see their dedication to the project. Idea development has been going on for several years and they are willing to wait, blocking its portion of the fund.

This is me too impressed. This is a good sign for investors. I'm glad to participate in this project, because everything that I've read in the technical description of me more than satisfies.

[Vasyafet]

what is the motive for the discount of the tough cap? have you ever already obtained support from huge traders? i'm hoping that the challenge will maintain to actively display correct effects after the closure of ICO.

The Amazon Web Services (AWS) partnership has helped the project reduce the value of a hard cap. The media channel has details of this cooperation.

Is there really an Amazon Web Services partnership or can anyone claim such a partnership because they use the Amazon service?

Partnership with Amazon? This is really cool. Where you can read more about this. It will be very interesting to me.

Yeah anyone can claim that partnership but AWS is not an ordinary company that anyone can claim or else they want and easy jurisdiction.

I find these informations for you brothers. Because, i have a strong belief and trust to its whole team.

From their telegram announcent,

"We also happen to be one the first blockchain startups to be accepted into the program." https://medium.com/verasity/what-the-amazon-partnership-means-for-verasity-68b1637e9c61

Not that easy to assess the value of such a partnership since you don't really know how hard it is to get in or if it is even hard at all.

Anyone can get onto the AWS Activate base tier program however the Portfolio Plus level which we've been accepted into is hard. Amazon do due diligence on the company to make sure it's a serious and viable business. Only select startups, VCs, incubators etc are accepted into Portfolio Plus.

I am glad to see you in the list of those companies that Amazon considers promising projects with serious intentions. I have long participated in supporting your project,  as I see the steps toward success.

[Zachiermar]

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.pdf

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, 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-u180301

Yes, I figured it out after examining your technical documents. The benefits speak for themselves. Such offerings on the market video platforms have not yet been made. Great job.

[Chinylawka]

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.pdf

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, 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-u180301

Yes, I figured it out after examining your technical documents. The benefits speak for themselves. Such offerings on the market video platforms have not yet been made. Great job.

Completely agree with you. Direct transactions between the parties to the ecosystem, bypassing brokers who now receive a greater portion of the cost is a significant advantage. And of course getting money in real time, without waiting.

[drwoo]

Users will decide what they need for quality work on video platforms. I think that Verasity will smoothly expand its client base, and this is a normal phenomenon. The project needs to convey the advantages of its idea to the participants of this market.

Now often the project is mentioned in social networks and media resources. The popularity of the project continues to increase. I think that participation in the events dedicated to the development of blockchain technology will also bring good results for Verasity.

Recent meetings of the project representatives should help to find the best ways to successfully launch the Verasity platform to the market of video content with maximum success among users.

Of course, the entire community is waiting for the team to quickly complete the development. As an investor, I am interested in launching the platform in the fastest possible time. But the team still has a lot of work to do. I want to wish them success.

Seriously? Speed over quality? I want it to be in a decent qualitative state. Or at least in a state where it can't easily break.

I personally have no doubt that the team is not speeding up its work for the sake of Fame. This process is associated with getting new investment and support partners. But, of course, spectators and sponsors want to see platform faster.

I expect that to be true because so many people want faster development. I want high quality development and a great end result!

[Letopisets]

The project's desire to obtain new investment is very creditable. I think that participating in exhibitions and conferences, you get greater benefit.   As the giants of video content industry  responsive to your project? I'm talking about Youtube.