Verasity [OLD]

Verasity

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Blockchain powerd video sharing economy.

Token Sale – May 21, 2018 – July11, 2018

 Review

Social Media – Multiple times in a day

Multiple tech teams for different elements of our service (video, blockchain, proof-of-view). You can see full list of team in the website.

Team has decades of experience with management level positions at major companies such as Sky, Amazon, Akamai, Eurosport, Guardian Media Group and AOL.

Total community size is over 300,000.

Product Development – Video player technology is live ( https://verasity.io/?veraplayer) and has been developed over the past 4 years. The technology for video has already been used to deliver over 8 Peta Bytes of video data per month.

Blockchain technology is in development. We have a patent pending on our proof-of-view technology which eliminates fake views and bots.

Github – Some codes will be published in future.

Coin Strength – VERA coins will be able to transact at over 100,000 transactions per second. They are building on Graphene (full details in white paper)

Coin emission rate – There is a 3% inflation rate with minting controlled by blockchain algorithms. Full details can be found in the economics paper: https://verasity.io/documents/verasity_economics_eng.pdf

There is both fiscal and monetary policy build into the platform for the targeted 3% inflation rate on VERA. You can read full testing, reasoning and details in our economic paper here: https://verasity.io/documents/verasity_economics_eng.pdf

The online video industry is worth over $300Bn. The working technology is ready to help revolutionize this industry to help viewers, content creators and advertisers. The Verasity infrastructure can also be used by other businesses to power their own platform (more details here: https://medium.com/verasity/introducing-vdaf-verasity-decentralized-application-framework-5b5757777ae2 )