Verasity is an innovative video sharing platform designed to revolutionize the digital content ecosystem by liberating creators and rewarding viewers. At its core, Verasity’s proprietary VeraPlayer integrates a digital wallet, enabling seamless microtransactions between viewers and creators using VERA Tokens (VRA). This blockchain-powered model fosters direct monetization, transparency, and engagement.
How Verasity Works
- VeraPlayer Technology:
The platform’s embedded player allows viewers to tip creators instantly with VRA tokens, eliminating intermediary fees. - Reward Mechanism:
Viewers earn VERA Tokens for watching, sharing, and interacting with content, creating a circular economy. - Decentralized Governance:
Smart contracts automate payouts, ensuring fair compensation for creators and incentivizing quality content.
👉 Discover how Verasity’s tokenomics drive engagement
The Team Behind Verasity
Verasity is backed by a diverse team of experts across blockchain development, video technology, and business strategy:
| Role | Key Members |
|---|---|
| Leadership | David Orman (CEO), David Rowe, Chris Gale, Adam Simmons (Co-Founders) |
| Engineering | Kyrylo Bybyk (Lead Blockchain Developer), Andy Long (Blockchain Infrastructure) |
| Marketing | Danielle Francis |
| Legal | David Archer |
Tokenomics and Funding
- Token Sale: Held from May 21–July 11, 2018.
- Total Supply: 12,491,500,000 VRA allocated for public sale.
- Use Cases:
- Content rewards
- Platform governance
- Ad-free premium access
Why Verasity Stands Out
- Direct Creator-Viewer Economy: Cuts out middlemen like YouTube or Patreon.
- Provably Fair Rewards: Blockchain ensures transparent distribution of VRA tokens.
- Scalability: Built to handle high-load video streaming with security in mind.
👉 Explore blockchain-powered video platforms
Frequently Asked Questions (FAQ)
1. How do creators earn on Verasity?
Creators receive VERA Tokens from viewer tips, ad revenue shares, and bonuses for high engagement. Payments are automated via smart contracts.
2. Is Verasity’s content copyright-protected?
Yes. All branding and content on Verasity are copyrighted, and the platform enforces strict intellectual property policies.
3. Where can I buy VRA tokens?
VRA is listed on major exchanges like KuCoin and OKX. Always verify liquidity and security before trading.
4. How does Verasity compare to traditional platforms?
Unlike YouTube, Verasity offers lower fees, instant payouts, and viewer incentives, creating a symbiotic ecosystem.
5. What’s the long-term vision for Verasity?
The team aims to expand its Proof-of-View (PoV) protocol to combat ad fraud and scale decentralized video sharing globally.