Verasity is a project focused on providing a new experience powered by decentralization through blockchain technology across esports, AdTech, and Digital Rights Management (DRM). The platform leverages a unique patented protocol layer, Proof of View, to provide higher transparency, accountability, and security within its infrastructure.

$VRA is the native token of the Verasity ecosystem, which supports the exchange of value across its core verticals. It can be used for transactions involving games, esports, NFTs, and video content on the network.

As of July 2022, the VRA token is held in more than 300,000 VeraWallets and is listed on over 24 global exchanges for trading. It is an ERC-777 token developed on the Ethereum blockchain with a max supply of 110.36 billion and a current circulating supply of 10.36 billion.

Verasity aims to develop global communities across gaming, esports, blockchain, NFTs, and AdTech through its innovative offerings. The companys services are supported in 18 international languages until July 2022, and it plans to add support for more languages to cater to its growing global community.

Verasity believes in leveraging the power of blockchain to increase engagement and monetization opportunities for digital content creators and consumers. Video publishing and consumption are among the key focus areas for the company.

In addition, the following are among the leading offerings from Verasity:

VeraEsports

Verasity has partnered with leading esports brands, including PUBG, Mobile, VALORANT Challenger, CS: GO, Tencent Games, and Athena Gaming, to offer a unique gaming experience powered by blockchain. VeraEsports allows users to play and watch esports and earn crypto rewards in the form of VRA tokens for their contributions.

VeraWallet

The official digital wallet of the Verasity ecosystem, VeraWallet, allows users to store their cryptocurrencies and NFTs securely. The VeraWallet is also an exciting way to earn passive income, giving users APYs of over 18% for staking VRA.

VeraViews

Verasity's offering in the AdTech space, VeraViews, is an end-to-end ad-stack solution developed on the blockchain. It leverages the projects patented proof of view technology to tackle the problem of ad fraud with complete transparency and accountability.

The $VRA is the native digital currency of the Verasity ecosystem and serves many purposes. Lets take a look at some of the leading use cases for the VRA crypto:

Native Currency

VRA is the currency that you can use to conduct transactions across the Verasity ecosystem, including on VeraEsports, VeraViews, and VeraWallet. To play or watch esports, you can earn rewards in VRA crypto on VeraEsports. You can also receive VRA rewards for watching and engaging with video publishers' content within the Verasity platform.

Staking

You can stake VRA via the VeraWallet for high APYs of 18.25% per annum. The $VRA Staking Program is one of the most lucrative ways to grow your crypto portfolio and contribute to the development of the Verasity project.

Crypto Asset to Trade and HODL

To grow your crypto portfolio, you can buy or sell VRA against other cryptocurrencies on supported exchanges and platforms. You can also hold VRA long-term if you believe in the future potential of Verasity. Review the real-time Verasity price, VRA market cap, 24-hour trading volume, and news before you trade VRA in the market.

Earn Passive Income

In addition to staking VRA on VeraWallet, BYDFi offers a risk-free and convenient way to put your VRA crypto to work and generate passive income. Head to the BYDFi Crypto Lending section to lend liquidity in VRA to the exchange. Earn attractive daily interest for your contribution over seven days, 14 days, or 28 days.

Verasity is a crypto project with the potential for making profits from real-world applications. It targets various lucrative avenues such as NFTs, gaming, and AdTech, making it especially appealing. The rising adoption of its ecosystem and partnerships, especially for VeraEsports, could increase the value of Verasity as an investment opportunity. Additionally, an improvement in the overall market sentiment could contribute to an uptrend in the Verasity price. Overall, Verasity presents an appealing crypto asset to invest in.

Verasity was founded by RJ Mark, a renowned entrepreneur and technologist, in Q3 2017. The white paper was published in Q1 2018, and the public sale of VRA occurred in the same year's second quarter. The team focused on technical features such as the Verasity blockchain, smart contracts for VRA, and POC for VRA earning apps in Q2 2018. In 2019, Verasity launched SDK integrations with leading video streaming platforms and advertising monetization services. The publisher mobile app rewarded users with VRA for interacting with ads. In 2020, Verasity focused on VeraEsports and blockchain gaming experiences. Staking on VeraWallet and the development of the NFT marketplace followed in subsequent years.

The Verasity price is currently trading below its all-time high of over $0.08 in November 2021. Touching the critical $1 level would be a considerable challenge due to VRA's high circulating supply of over 10 billion. However, as the Verasity team burns more VRA tokens and brings down its circulating supply, the $1 level could become a more realistic and achievable target. Factors such as increased adoption, faster token burning, and bullish market sentiment towards cryptocurrencies could contribute to the VRA price potentially touching the $1 mark in the future.

To stake VRA tokens on VeraWallet and earn passive income, follow these steps:

1. Create an account on VeraWallet with your email.
2. Add funds to your VeraWallet by buying $VRA on platforms like BYDFi.
3. Withdraw the funds from your trading account to your VeraWallet.
4. Head to the Stake VRA section in your VeraWallet.
5. Enter the number of VRA tokens you wish to stake and review the APYs and staking rewards.
6. Click on Stake to confirm your order and start earning staking rewards.