About Verasity

Verasity is a disruptive next-generation video-sharing platform. Taking the best elements from traditional models such as advertising, SVOD and crowdfunding, our decentralized blockchain takes intermediaries out of the equation and keeps value within the community.

Our patent pending “Proof-of-View” technology ensures only legitimate video views get committed to the blockchain. On Verasity, viewers determine the value of content by their consumption - rather than third-parties or advertisers.

Viewers are rewarded with VERA cryptocurrency for watching and sharing videos. If they choose to watch adverts the rewards increase.

The platform gives creators and publishers a variety of monetization solutions to choose from including donations, pay-per-view, and subscriptions. Creators can also opt to sell ‘VeraSparks’ in their channel and accelerate their growth. The users who buy them from the 'Spark Marketplace' then share in a channel's on-going financial success.

Features

Verasity for Viewers:

View great video content
Verasity’s economy is designed to help Viewers find the content that they really want to watch. Direct commercial relationships between channel owners and their Viewers, ensure no third party can bias content suggestions.

Get rewarded for viewing
Verasity incentivizes Viewers to engage with the platform by rewarding them with VERA for the content they watch. Advertisers directly reward Viewers who choose to watch their adverts.

Earn VERA by supporting channels
Within Verasity, Viewers can help support the growth of a content channel through VeraSparks. If Viewers own VeraSparks in a channel, they receive a portion of the VERA collected by the channel.

Verasity for Video Content Creators:

Create channels and upload videos
Any Verasity user can become a Creator and launch a channel. Verasity uses proven, scalable and high-quality video streaming technology that ensures the best experience for Creators and their fans.

Multiple monetization methods
Verasity enables microtransactions that create the most flexibility for Creators and Publishers to monetize their content. No more waiting on payments as Verasity transactions are fast, secure and transparent.

Fund development of your channel
Through VeraSparks, Creators can sell a portion of their channel’s future revenue on Verasity, in exchange for VERA. This VERA can be used to accelerate growth in a channel and users who buy VeraSparks share in the success they helped to create.

Verasity for Advertisers and Sponsors

Brand new value
Verasity creates a direct value exchange between brand spend and Viewer interaction. With Verasity’s Proof-of-View technology, each view will be recorded in a way that is transparently auditable within the Verasity Blockchain.

Advertisers
Verasity enables Advertisers to directly pay Viewers VERA in exchange for their attention. Advertisers are guaranteed to reach engaged Viewers who voluntarily accept to watch the adverts.

Sponsors
Verasity enables Brands to transact with Creators directly through the platform using VERA. This assures sponsorships and brand placements are verified through Verasity’s Proof of View technology.

Technical Info

Verasity Whitepaper: https://verasity.io/documents/verasity_whitepaper_eng.pdf

Verasity Economics Paper: https://verasity.io/documents/verasity_economics_eng.pdf

Verasity Token Sale Document: https://verasity.io/documents/verasity_token_sale_proposal.pdf

Verasity Roadmap

 
  • Q3 2017

  • Founders identified opportunity for blockchain based video platform and started investigations - Delivered
    Adapted an existing white label UDP video player and CDN which has proven scale - Delivered
    UDP Video Player technology built into Chromium. TCP fallback integrated into player for seamless use on non-UDP enabled browsers - Delivered
  • Q4 2017

  • UDP video player tested with Akamai at 30m+ unique users per month - Delivered
    Assemble core team and advisors - Delivered
    Write and validate white paper - Delivered
    Investigation into Blockchain ledger - Delivered
  • Q1 2018

  • Creation of Foundation structure - Delivered
    Release VeraPlayer prototype - Delivered
    Announcement of project, publish whitepaper - Ongoing
    Launch Public sale website - Ongoing
  • Q2 2018

  • Fundraise through private sale - Ongoing
    Launch public sale
    Release Wallet prototype
    Expand team of engineers