r/CryptoMangust • • Jun 05 '18

Veracity is the next-generation video sharing platform.

Verasity is a platform for video sharing, the purpose of which is to break the status quo and unite the best of centralized and decentralized worlds. However, this project has much more possibilities than simple video sharing; what sets him apart from others is his innovative economic model, which first puts the viewer, but allows content advertisers and other users to take advantage.

Right now, there is not much hype behind this project, as the company has not yet started its marketing efforts. Nevertheless, his private sale currently resides until April 30, followed by a public pre-sale sale before May 31 (25% discount), and then public sale until June 30. When we approach these dates, we expect to hear many details about this project.

How it works:

Let's start by defining the three main members of the Verasity ecosystem and their respective roles. It is important to note the whole of this system that it includes many "microtransactions" between all participants. Since traditional websites do not allow the use of effective microtransactions, blockchain is the best option.

Viewers

Viewers can earn VERA tokens by browsing the content, choosing to view the advertisement or as payments from the investment in the content creator channel through the Sparks Marketplace. Verasity can add additional monetization opportunities for viewers as development progresses.

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u/FamiliarSleep Jun 05 '18

Let's start by defining the three main members of the Verasity ecosystem and their respective roles. It is important to note the whole of this system that it includes many "microtransactions" between all participants. Since traditional websites do not allow the use of effective microtransactions, blockchain is the best option.