Verasity is a next-generation video sharing platform designed to liberate creators and benefit viewers by rewarding users with a cryptocurrency called VERA that is easily convertible into traditional cryptocurrencies.<br />
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Every video view on Verasity translates into a fraction of newly minted coins: VERA is minted and distributed to platform users daily as rewards based on Proof of View™. Over time, as VERA accumulates, it can be cashed out for traditional cryptocurrencies or spent on donations to content creators, channel subscriptions, pay-per-view purchases or staking in favorite video channels on Verasity for future monthly dividend payouts.<br />
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The Proof of View properties and a fair coin reward distribution algorithm are built into the VERA coin in order to promote currency appreciation though growth of value exchange within the Verasity video sharing<br />
economy ecosystem.
Founders identified opportunity for Blockchain based video platform and started investigations. - Delivered<br />
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Adapted an existing white label UDP video player and CDN which has proven scale - Delivered<br />
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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.<br />
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Public launch of project - Ongoing.<br />
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Fundraise through private sale - Ongoing.<br />
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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.<br />
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Release VeraWallet.<br />
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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.<br />
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Launch Channel Stake Marketplace.<br />
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Add advertising as a monetisation option.<br />
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Target non crypto viewers for mass adoption.
2020
Launch mobile apps. Scale platform to 5m Vera wallet holders.
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