What is Verasity (VRA)? VRA is a blockchain project that aims to optimize the value of ads. In this article, you can find answers to questions such as what is Verasity (VRA), what are its purposes, how to buy VRA coin, what are its advantages and disadvantages. cryptocoin.com we have compiled for you.
What is Verasity (VRA)? What purposes?
Developed by media professionals in 2018, Verasity (VRA) is a blockchain project focused on solving specific problems in the advertising and video industry. The project aims to increase the revenue generated by video creators from advertisements. It uses various protocols and platforms to achieve this.
The platform detects real trackers with bots using the Proof-of-View (PoW) protocol. This protocol works with various criteria, such as fingerprints, to verify that the person viewing the content is a real human. Through the protocol, it is aimed to reduce advertising fraud. In addition to these, the project has various services such as wallet, game market and video player platform. At the time of writing, the project had a market valuation of $91 million.
What is VRA coin? What is it used for?
VRA coin is a token that works as the native cryptocurrency of the project. The project distributes VRA token rewards through views, videos and ads. Users can earn VRA by watching videos on major video streaming platforms such as Youtube and Twitch. The project rewards its users with VRA coins for watching and subscribing to video creators.
Additionally, advertisers can purchase VRA to increase ad campaigns and user engagement. Advertisers and Verasity platforms monetize each other through real user interaction. As a result, the platform’s token cycle repeats itself. Going forward, the Platform intends to purchase a portion of the circulating VRA with revenue from advertisers. These purchased tokens will be removed from circulation by burning. This will increase the unit price of the token.
How to get VRA coins?
Verasity (VRA) coin is already listed on many crypto exchanges. VRA tokens are available on crypto exchanges such as Binance, Bittrex, Huobi Global, Bitfinex, Gate.io, WazirX, Bitvavo, BITEXLIVE, CoinEX, Bitnbs, Coindeal, HitBTC, Omgfin. Investors interested in the asset can purchase VRA by signing up for one of these exchanges and depositing funds into their wallets.
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