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Highlights
- Verasity is a protocol and product layer platform based on blockchain technology.
- Verasity announced a partnership with video technology platform Brightcove (BCOV) on Thursday.
- Verasity’s ad-tech technology, which includes Ad Stack, Verasity Reward System, and Proof of View (PoV), will now be available on Brightcove Marketplace.
Verasity (VRA) token jumped more than 7% on Thursday after announcing a partnership with video technology platform Brightcove (BCOV) Verasity (VRA).
The token rose 7.07% to US$0.03742 at 9:42 am ET after it said its products Ad Stack, Verasity Reward System, and Proof of View (PoV) would be available on Brightcove Marketplace.
Verasity is a protocol and product layer platform for e-sports and video entertainment, while Brightcove (Nasdaq: BCOV) provides secure, scalable video technology solutions.
Brightcove has more than 3000 customers across the world.
Verasity-Brightcove Partnership
The partnership will allow Brightcove customers to access Verasity’s proprietary technology products on Brightcove Marketplace.
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Media organizations can use Verasity’s ad-tech stack to deliver engaging eSports content. Brightcove said the global eSports market, especially Europe, has huge growth potential.
Brightcove’s media brands can broadcast Vera-eSports feeds to their audience, while the media customers can leverage Verasity’s reward system to boost viewership.
After the integration completes in 2022, Brightcove’s customers can monetize their video content with additional modules from Veracity.
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About the token
Veracity’s current market cap is US$167,681,042. Its 24-hour trading volume rose 32.25% to US$50,784,919. The token’s circulating supply is 4.47 billion VRAs, while the maximum and the total supplies are around 10.3 billion and 19.4 billion, respectively.
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Where can you buy Verasity (VRA)?
The token can be purchased and sold on cryptocurrency exchanges like OKEx, HitBTC, ZT, Gate.io, KuCoin, Uniswap, Bithumb, Bittrex, etc.
Verasity (VRA) was founded in May 2018 to provide a next-gen, fair video-sharing system where creators can monetize their work.
Its proof-of-view protocol technology uses authentication layers to detect fraud and eliminate it in real-time. It uses around 200 checkpoints to determine whether the user is a human or a bot.
The company plans to use its PoV and data storage technology to create NFTs in the future.
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Bottomline
The Crypto market is volatile and most dynamic. Thanks to various products, protocols, and use cases. However, investors must exercise due diligence before investing in digital assets.
