verasity logo
Verasity
VRA
$0.01

Sector

Artificial Intelligence

Exchange Debut

2019-04-07

Market Cap

96,851,169

Maxim Supply

110,356,466,695

Circulating Supply

10,249,906,818

Circ. Supply(%)

9.29%
verasity logo

Verasity

VRA

Price

$0.01

Market Cap

Sector

Exchange Debut

96,851,169
2019-04-07

Volume 24h

High 24h

Low 24h

37744208
0.010231543308
0.009074569147

Change 24h

Change 7d

Change 30d

-7.0989
43.021
78.4497

Maxim supply

Circulating supply

Circulating supply(%)

110,356,466,695
10,249,906,818
9.29%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Verasity – VRA cryptocurrency:

 

Verasity – VRA emerges as a multifaceted blockchain solution poised to revolutionize the advertising realm and bolster viewer engagement through incentivization. With a fundamental analysis score of 6.96 out of 10, Verasity’s ecosystem, powered by AI, ML, and blockchain, guarantees a 15% yield in its staking economy until April 2024 and actively burns tokens to sustain a deflationary supply, underpinning its commitment to creating a robust advertising and payment ecosystem.

SOCIAL & MASS MEDIA: Score 7.2 out of 10

Verasity’s presence in the social and mass media landscape is strong, evidenced by a perfect score in attracting followers and community activity on social media pages. The fundamental analysis of the Verasity – VRA cryptocurrency shows it falters slightly with a lower engagement from social media administrators and a modest presence in mainstream media. The size of chat group communities lags, suggesting a potential area for growth in fostering a more vibrant online community.

AUDIT & SECURITY: Score 5.6 out of 10

The fundamental analysis of the Verasity – VRA cryptocurrency indicates room for improvement in audit and security, scoring a moderate 5.6. While transparency is high, the results from audits and liquidity on exchanges remain areas where Verasity could benefit from enhanced focus and development.

TOKENOMICS: Score 5.4 out of 10

Token economy is essential for the sustainability of any cryptocurrency. Verasity’s tokenomics score reflects a project with certain challenges, particularly in terms of its inflationary aspects and the centralization of its monetary mass. Adjustments and clear strategies in this domain could improve its overall robustness.

ECOSYSTEM DEVELOPMENT: Score 7 out of 10

The ecosystem development score of 7 signifies that Verasity is on a favorable track with its objectives and plans for new developments. This aspect of the fundamental analysis of the Verasity – VRA cryptocurrency suggests a proactive approach to innovation and growth within the project’s infrastructure.

TEAM & DEVELOPERS: Score 8.4 out of 10

A strong team underpins the success of Verasity, with a high score reflecting the experience of its members. However, the number of software developers suggests expansion could enhance the team’s capacity to innovate and maintain the platform.

PRODUCT & UTILITY: Score 8.7 out of 10

Product and utility receive high marks, showcasing Verasity’s robust utility in the ecosystem and the practicality of its product offerings. The utility of tokens and the product’s integration into the system are well-regarded, indicating a user-centric approach.

PARTNERS & INVESTORS: Score 5.25 out of 10

Partners and investors are crucial for the expansion and credibility of any project. Verasity’s score here reflects a need for stronger partnerships and more influential investors to propel the project forward.

Fundamental analysis of the Verasity – VRA cryptocurrency – The final conclusion

Considering the scores from the fundamental analysis of the Verasity – VRA cryptocurrency, the project stands out for its innovative use of AI and blockchain to combat ad fraud and enhance user engagement. The product offers tangible utility and has a solid team driving its vision. However, the ecosystem would benefit from a more active social media presence, stronger audit results, and a more decentralized token economy. Investors should be aware of these points, alongside the deflationary nature of the token supply which could influence the project’s long-term viability. Overall, Verasity presents a promising investment opportunity but warrants careful consideration of its medium-term goals and strategies to strengthen its weaker areas.

What is Verasity?

 

Verasity is an ecosystem combating advertising fraud and offers open infrastructure for publishers and advertisers. The platform rewards users for engaging with video content. With artificial intelligence, machine learning, and blockchain technologies, Verasity introduces products like VeraViews, VeraWallet, and the VeraCard to enhance the advertising world and payments sector.

Key Role of $VRA Token

The $VRA token is central to Verasity, serving multiple purposes such as advertising funding, staking, and payments. The circulating supply of these tokens is deflationary, with regular buy-back and burn practices. Certain tokens, like the 90 billion Proof of View ‘marker tokens’, aren’t in circulation and serve backend functionalities. Additionally, Verasity has reserved 10 billion VRA tokens for potential business expansions.

VeraViews and Its Impact

VeraViews operates as an open ledger video advertising system, built on the ‘Proof of View’ technology. This system ensures ads are viewed by genuine users, leading to better ROI for advertisers. It offers transparent data storage, and in 2022, Verasity collaborated with Brightcove, a prominent video tech provider. VeraViews is recognized as an Amazon Ads Partner.

Team Behind Verasity

Comprising nearly 50 individuals, the Verasity team consists of developers, community managers, and blockchain experts. R J Mark founded Verasity, with the core team located in London. They focus on enlisting top professionals to further their mission.

VeraCard, VeraWallet, and VeraPay Offerings

Verasity’s 2023 plans feature the VeraCard launch, which aligns with their VeraWallet service. This card facilitates both online and offline purchases. Additionally, VeraPay, set to launch in Q1 2023, will use the $VRA token to streamline payments in select nations.

This analysis sheds light on Verasity’s ambitious endeavors in the advertising and payment sectors, marking its significance in the crypto domain.

Fundamental analysis of the Verasity - VRA cryptocurrency

Verasity - VRA performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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