Verasity - Introduction
We live in an era where people can access everything they want from anywhere using their PC, their phones, tablets or other devices. They use it to access learning material, to be kept on track with the latest new but especially to be entertained.
Normally there should be only two parties: the entertainer and the one who is entertained. The video creator creates material for millions of users to see and through ads and other factors, the creator produces a great amount of money. The issue is that the creator receives only a small amount of the money he creates and the rest goes to the third party: the industries and platforms that support the creator.
Verasity is here to remove that third party and have video sharing be a strict relationship only between the creator and the viewer.
Verasity for viewers
Due to its economy, the platform is created in order to help the viewers find the content and material that they really want to watch. Due to the direct relationship to the content creator, there is no third party that can determine the viewers' suggestions.
Verasity encourages viewers to watch more content by rewarding them with VERA, the platform’s currency, for each video that they watch.
Within the platform, the viewers can support their favourite creators and help them grow more and more through VeraSparks. There’s even more to it. If a viewer owns VeraSparks in a channel, he will then receive a part of the VERA collected by that channel.
Verasity for content creators
There are no requirements for one to create a channel. Any Verasity user can easily become a content creator. Due to it’s scalable and high-quality video streaming technology, Verasity offers an amazing experience both to its viewers and content creators
The platform enables microtransactions to the content creators are free to monetize their content the way they want to. These transactions are not like ordinary slow transactions but instead, they are fast, transparent and most importantly, secure.
With the help of VeraSparks, the content creators can sell a fraction of their channel’s future revenue in exchange for VERA which, in the end, can be used to boost the channel’s growth.
Verasity for advertisers and sponsors
The platform offers a direct exchange without any third party involvement between brand spend and viewer interaction. Each view is recorded in a transparently auditable way within the platform’s blockchain.
Advertisers can now directly pay the viewers VERA if the users choose to view those respective ads. This way, advertisers are guaranteed to reach viewers who want to willingly watch their ads.
Verasity also gives the opportunity to brands to transact with the content creators directly using the platform’s currency: VERA. By doing this, the sponsorships and the brand placements can be verified through the platform’s Proof of View technology.
Do you want to be a creator and earn the complete share of your earnings? Or are you a simple consumer who wishes to be rewarded for watching videos? Or maybe you simply want to learn more about this platform. Whatever would be the case, you can go to https://verasity.io/ and join the Telegram and learn more about Verasity and how it works.
