Verasity

A Next Generation Video Sharing Platform
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Verasity is a disruptive video sharing platform designed to pivot the online video ecosystem by enabling a direct and transparent relationship between viewers, content creators and advertisers. Our experienced team has a wealth of experience spanning across the Media and Technology sectors, with previous leadership roles at companies including Eurosport, Sky, Joost, AOL, Turner and Guardian. Powered by existing cutting-edge video player technology, Verasity provides a high-quality viewing experience. Verasity’s proprietary Blockchain technology (PoV™) creates a transparent economy powered by a new cryptocurrency called VERA. Our goal is to liberate creators and online publishers whilst improving the viewer experience for video. Verasitys protocols will be used across the web integrating video delivery and instant micropayments using VERA all backed with trusted and transparent Proof of View™ Blockchain technology.

  • Project Rating:
    4.34
    Rating Сoefficient Original Score
    icobench 0.368 4.2 4.2
    tokentops 0.361 4.7 4.7
    icoholder 0.156 4.19 4.2
    foxico 0.057 8 4
    icomarks 0.057 7.7 3.9
    Ranks
    4.4
    team
    4.1
    vision
    4
    product
    4.6
    profile
    Igor Karavaev
    ico advisor and investor
    May 21, 2018
    Lets perform a task - to find any numbers in their 64 pages WP. I mean numbers about marketing, business planning etc. The correct answer - there are no numbers, just a text. Than is this the right paper to raise funds? NO. Though the team in the WP looks good. It is strange
    4
    team
    1
    vision
    3
    product
    8%
    WEIGHT
    David Drake
    Managing Partner
    Apr 5, 2018
    4
    team
    4
    vision
    4
    product
    3%
    WEIGHT
    Prof. Dr. Ralf Wandmacher
    Professor of Finance and Entrepreneurship
    Apr 11, 2018
    Team Pros: - a lot of knowledge and experience - token lockup for the team for 18 months Vision Pros: - Community building via the Spark Marketplace - taking short-term token holders into account Cons: - first central moderation, later users, however mechanism is not clear Product Pros: - Proof of View Concept - highly scalable Blockchain with DPoS - content management system - want to raise 23.7 Mio. USD, okay for such a project Cons: - utility token, however via the marketplace payments possible, hence danger of security interpretation - complexity of Vera, VeraSpark and TotalSpark - maintains always a set of trusted nodes... how, who? - 20% of the token go to the Core Team & Founders - 7.5% of the token go to Advisors
    5
    team
    4
    vision
    3
    product
    4%
    WEIGHT
    Michael Williamson
    Blockchain Consultant, MBA, LSSGB, Former USA Financial Advisor, Insurance Agent
    May 17, 2018
    In my opinion this is an interesting project. Probably the thing that caught my attention was “Verasity sets to change all this. It is next generation video sharing platform is designed to liberate creators and benefit the viewer experience.” Some questions to ask would be about adoption, scalability and how will the team meet adversity or changes? I think adjusting to change and learning from mistakes are most important at the beginning. I also don’t see any advisors. I think this product is needed in the industry, and I look forward to seeing how the project comes together *Please see my profile for disclosures.
    4
    team
    4
    vision
    4
    product
    5%
    WEIGHT
    Mofassair Hossain
    CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
    Apr 25, 2018
    Strong and experienced team and advisory board ...... Vision is quite good .... Will wait for the product
    5
    team
    5
    vision
    3
    product
    6%
    WEIGHT
    Michael Gord
    Partner at MLG Blockchain Capital
    May 1, 2018
    The team is amazing. The product is fully built and functional. The community is one of the largest in the industry. Incredible global partnerships.
    5
    team
    5
    vision
    5
    product
    5%
    WEIGHT
    Alexander Mitrovich
    Managing Partner, Usetech.com
    May 10, 2018
    For some reason video projects seem to attract strongest teams. This is one. I met one of the co-founders on a conference and liked what he was talking about. The only risk I see is the complexity of the business they're building. They do have the team to do it, it will just be challenging to get enough attention to the company's products to make it a unicorn.
    5
    team
    5
    vision
    4
    product
    5%
    WEIGHT
    Graham Doggart
    Blockchain Advisor and ICO Growth Consultant. Founder at Dynamic Abundance Advisory
    May 11, 2018
    Solid looking project, great idea.
    4
    team
    5
    vision
    4
    product
    5%
    WEIGHT
    Sanket Agrawal
    ICO Advisor, ICO Management & Strategies, Blockchain Technology, DLT, Digital Transformation
    May 14, 2018
    4
    team
    4
    vision
    4
    product
    2%
    WEIGHT
    Himanshu Chander
    CEO of AMBCrypto |ICO advisor | Serial Entrepreneur | Inventor | Marketing Service |
    May 14, 2018
    Team is looking very strong, product is really nice.
    5
    team
    5
    vision
    5
    product
    3%
    WEIGHT
    Bas Geelen
    ICO Analyst, Advisor & Investor
    May 15, 2018
    4
    team
    4
    vision
    4
    product
    2%
    WEIGHT
    Anders Larsson
    Investor and consultant in distributed ledger technologies. Business strategy and CTO profile.
    May 16, 2018
    - Strong advisors and team! - Informative marketing, one of the few ICO video ads that I actually watched. - I would like to see more on the product go-to-market strategy on how to compete with one of the world's strongest brands.
    5
    team
    5
    vision
    4
    product
    5%
    WEIGHT
    Hung Chih (Jason Hung)
    Serial Entrepreneur | Investor Meetup | ICO advisor | China Market | Exchange
    May 17, 2018
    Team: The core team is good, but recommend to improve advisory board. And the most important team member should be operation expert, I did not see in the team. Vision: There are too many similar service leverage blockchain technology to increase transparency and monetizing in video community. So it's high challenge. Product: MVP is ready, looking forward to see the next generation video player.
    4
    team
    3
    vision
    4
    product
    8%
    WEIGHT
    Karnika Yashwant
    ICO Marketing Expert | Launch Strategist | Global Branding and Fundraising Master
    May 17, 2018
    Video site being a very large entertainment industry, the potential for this project is huge. There will be a next-crypto-youtube for sure and I cannot say if it is VERA, but if you persist on this path, they very well can be. Its going to be a rough journey, but commitment is all it takes and their team looks strong to keep up with it.
    4
    team
    5
    vision
    4
    product
    7%
    WEIGHT
    Vladyslav Antonov
    Entrepreneur, Investor, ICO Analyst
    May 22, 2018
    There are several weak points that this project has: - Weak token model (overpriced, in compare with similar, working projects) - Has several large blockchain and non-blockchain competitors. - Attention/sharing tokens didn't show any significant progress for the past years with couple expections - Solid team with relative experience - Weak demand for the product
    4
    team
    4
    vision
    2
    product
    3%
    WEIGHT
    Ian Scarffe
    Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.
    May 21, 2018
    There is a strong and knowledgeable team leading this, and they are also have a strong vision in what is a competitive market. I look forward to seeing how this one develops over the coming months
    5
    team
    5
    vision
    5
    product
    5%
    WEIGHT
    Gytis Trilikauskis
    Mr
    May 22, 2018
    I like the idea and the team look ok. However, there is little consideration how will Verasity take over things like youtube and twitch. The key to a video sharing platform at first is to get people to post content and quality content is preferable. The industry is certainly a hot one with influencers gaining popularity on a daily basis. Looking through Versaity wp I missed calculations and considerations about the competitors, market entry and user and author acquisition.
    4
    team
    3
    vision
    5
    product
    4%
    WEIGHT
    Abhijith Naraparaju
    Blockchain Solution Architect| ICO Advisor
    May 25, 2018
    Good team and vision. Would be good if you implement blackbox methodology for computation in PoV. Similar to BAT protocol, However it is restricted to single browser. Will be disruptive.
    5
    team
    5
    vision
    5
    product
    5%
    WEIGHT
    Benchy
    ICO Analyzer Bot
    Oct 18, 2018
    0
    team
    0
    vision
    0
    product
    17%
    WEIGHT
    TokenTops
    Jan 1, 1970
    Verasity is a next-generation video sharing platform designed to liberate Creators and benefit Viewers. The team behind Verasity have noticed the importance and size of online video market. It is set to account for 82% of all consumer Internet traffic by 2021 and the market is worth $312 billion. However, the current revenue model with lots of intermediaries and companies taking their huge shares doesn't satisfy the creators. Moreover, user's data is being sold to advertisers without any profits for the viewers. Using blockchain technology, the platform facilitates direct and transparent value exchange between video viewers and content publishers or creators. As a Foundation, revenues are retained within the economy and for platform operating costs. Verasity puts the power back into the hands of the users and content providers, creating a better ecosystem for all. Advertisers can directly reward Viewers who choose to watch their adverts. While content creators can benefit from microtransactions and can even sell part of a portion of their channel’s future revenue in exchange for tokens to get needed funds for content development and accelerate growth. It's like an investment in the channel. The site is very well designed and provides all of the necessary information. It's worth noting that apart from regular whitepaper with all of the important information about the project, the team prepared also a yellow paper, which explores the technical side of the project, explaining the technology and solutions used to deliver the platform and discuss structures and methods for dealing with the ongoing operation, security and performance of the ecosystem. The team is quite extensive and consists most importantly of blockchain specialists and full stack developers. It may be hard for the project to compete against mainstream platforms like YouTube and there are also other ICO and blockchain based projects which try to explore this market, however Verasity seems to be prepared very well to succeed despite the tough competition.
    ICO Review
    Jun 24, 2018
    Normally after reading about online video platform I'd say that there is no point in competing against such giants like YouTube or Facebook which were leading social media platforms and video distributing sites. However, with a great amount of dissatisfied content creators I can easily imagine a platform like Verasity to succeed. The current revenue model doesn't benefit creators nor users. Why big companies get paid for the data we, the viewers, are producing? We could easily get paid for what we provide to the advertisers, therefore Verasity idea is very good. The whitepapers and the site are well designed, the team also looks very good with many experienced developers.
    Ranks
    4.4
    profile
    4.2
    vision
    3.2
    activity
    4.3
    potential
    4.2
    product
    4.5
    team
    Ranks
    8
    idea
    8
    team
    8
    advisorspartners
    8
    tokenomics
    8
    project
    Ranks
    7
    PRODUCT
    6
    BUSINESS
    8.1
    ICO PROFILE
    10
    SOCIAL ACTIVITY
    10
    TEAM PROOF
    7
    WEBSITE
  • About Verasity

    Online video is the fastest growing medium. It is set to account for 82% of all consumer Internet traffic by 20211 and the market is worth $312 billion2. Yet the online video business model is fundamentally challenged. With the advent of online video platforms, both video creation and consumption are more accessible than ever before. This has led to a significant increase in content production and consumption as audiences shift online for digital entertainment. However, under current advertising models, companies like Facebook and Google stand out as the winners generating $​ 191.8 b​illion3 of net advertising revenue between them in 2017 by controlling the distribution of content and the sale of advertising. Audiences have fast turned into a commodity. Their personal data is sold to corporations for more targeted advertising, while creators and publishers receive a percentage of revenue after the platform and intermediaries take a significant share of the advertising revenue. In recent years, content creators and online publishers have been very vocal on these issues, as the limited revenue they are generating means they are unable to re-invest into content and, therefore they struggle to maintain their channels. With these monopolies controlling the majority of online content, they continue to turn the screw to increase margins, change algorithms that demonetize creators and decide what content is monetizable. Any competitor who sets out to challenge this status quo and gains audience attention is quickly acquired and controlled, threatening future consumer options online. The mass adoption of AdBlock technology demonstrates the viewers frustration with the current model. Creators and publishers with strong, loyal audiences are exploring new platforms to sell subscriptions for their content, where users are happy to pay for an ad free experience, which is often an expensive route for all. Without disruptive change, we are witnessing a race to the bottom caused by conflicting priorities between Creators, Advertisers and their current platforms. Verasity sets to change all this. It is next generation video sharing platform is designed to liberate creators and benefit the viewer experience. Using blockchain technology, the platform facilitates direct and transparent value exchange between video viewers and content publishers or creators. As a Foundation, revenues are retained within the economy and for platform operating costs. Verasity puts the power back into the hands of the users and content providers, creating a better ecosystem for all. The Verasity protocol aims to power the future of digital entertainment. It will be adopted by Content Publishers, Creators and Advertisers as a replacement for traditional content monetization channels. Verasity will challenge the hegemony of the tech giants who are rapidly becoming digital cartels.

  • Token info

    Token
    VRA
    Platform
    Ethereum
    Type
    ERC20
    Price in ICO
    1 VRA = 0.01062 USD
    Bonus
    Presale: 50%, 40%, 30%, 20% according to the Whitelist position
    Token Sale: 20%, 0%
    Token for sale
    6 245 750 000

    Investment info

    Accepting
    ETH, BTC
    Distributed in ICO
    50%
    Raised
    $4 000 000
    Soft cap
    4 000 000 USD
    Hard cap
    25 000 000 USD
  • 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.
  • 4.2
  • 4.7
  • 4.2
  • 4
  • 3.9
More
  • Token:
    VRA
  • Price:
    1 VRA = 0.01062 USD
  • Buy with:
    ETH, BTC
  • Platform:
    Ethereum
  • KYC:
    Yes
  • Location:
    Cayman Islands
  • Can't join:
    USA, Cayman Islands, North Korea, Somalia, Yemen
  • ICO Start:
    May 21, 2018
  • ICO End:
    July 11, 2018
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