Verasity
Crypto Overview
Purpose and Utility
Verasity (VRA) is a protocol and product layer platform for esports, video entertainment, and digital content management. Its primary utility is powering their Proof of View (PoV) technology, which aims to eliminate video advertising fraud and ensure genuine video viewership.
The VRA token is used for:
- Rewards for genuine video views verified through PoV
- Payments within the Verasity ecosystem
- Staking to earn rewards for supporting the network
- Gaming and esports tournament prize pools
Business Model and Implementation
The project has demonstrated real technological development with their patented PoV technology, which has been integrated with major video players. They have partnerships with companies like Brightcove and video game tournament platforms.
Real-World Adoption
Verasity's technology is actively being used by several platforms, particularly in the esports and video streaming sectors. Their PoV module has processed millions of views and has been implemented by various content publishers.
Development Activity
The project maintains active development, with regular updates to their technology stack and ecosystem. Their GitHub repositories show consistent activity, and they continue to expand their product offerings.
Token Distribution
The token distribution shows a reasonable allocation with vesting periods for team and advisors. No concerning concentration of tokens has been identified in founder or team wallets that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Verasity from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Verasity.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.