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Verasity

ICO Ended
8,514 Views
Verasity is a next-generation video sharing platform designed to liberate creators and benefit viewers by rewarding users with a cryptocurrency called VERA that is easily convertible into traditional cryptocurrencies.

Every video view on Verasity translates into a fraction of newly minted coins: VERA is minted and distributed to platform users daily as rewards based on Proof of View™. Over time, as VERA accumulates, it can be cashed out for traditional cryptocurrencies or spent on donations to content creators, channel subscriptions, pay-per-view purchases or staking in favorite video channels on Verasity for future monthly dividend payouts.

The Proof of View properties and a fair coin reward distribution algorithm are built into the VERA coin in order to promote currency appreciation though growth of value exchange within the Verasity video sharing
economy ecosystem.
7.8
TOTAL SCORE
7
PRODUCT

(weight: 25%)

6
BUSINESS

(weight: 25%)

8.1
ICO PROFILE

(weight: 25%)

10
SOCIAL ACTIVITY

(weight: 15%)

10
TEAM PROOF

(weight: 10%)

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General
Website: Visit
ICO Time: 21 May 2018 - 11 July 2018
Whitelist/KYC: Whitelist + KYC
Country: Cayman Islands
Token info
Ticker: VRA
Platform: Ethereum
Token Type: ERC20
Available for sale: 6,245,750,000 VRA (50%)
Total supply: 12,491,500,000 VRA
Financial
Raised $ 19,151,838
Pre-sale Price : 1 VRA = 0.00750 USD
ICO Price: 0.0075 USD increasing by 1% every 24h
Accepting: ETH, BTC
Soft cap: $4,000,000
Hard cap: $25,000,000
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.

Public launch of project - Ongoing.

Fundraise through private sale - Ongoing.

Launch dedicated landing page to support KYC/AML - Ongoing.
Q2 2018
Launch public sale. Release VeraPlayer prototype. Release VeraWallet prototype. Expand team of engineers.
Q3 2018
Release and test Blockchain.

Release VeraWallet.

Airdrop VERA onto Verasity Blockchain.
Q4 2018
Launch beta of VeraCast.tv to a select group of creators. Launch CMS and Analytics. Launch internal exchange.
2019
Launch full version of VeraCast.tv.

Launch Channel Stake Marketplace.

Add advertising as a monetisation option.

Target non crypto viewers for mass adoption.
2020
Launch mobile apps. Scale platform to 5m Vera wallet holders.
Screenshots taken 8 Mar 2018
Chris Morof
Lead Engineer
Jon Hook
Advertising Technology Expert
Dmytro Medianik
High-load back-end developer & security Engineer
Ievgen Iegorochkin
Blockchain Developer
Kyrylo Bybyk
Senior Blockchain Developer
Scott Brown
Project and Video Network Expert
Andy Long
Blockchain & Data Centre Expert
David Orman
CEO
Mykolai Chapny
Blockchain and back-end Developer
David Archer
Legal Counsel
Anton Lukashenko
Full-stack Developer
Danielle Francis
Marketing
Adam Simmons
Co-Founder Verasity
Merv, Leslie
Social Video Expert
David Rowe
Co-Founder Verasity
Chris Gale
Co-Founder
Mark Ramberg
Executive Management
John Rankin
Business Development

Advisors (3)

Matt Haiman
Advisor, Investor, Media Expert
Simon Wajcenberg
Investor, Advisor
Dr. Christian Jaag
Advisor
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