Verasity is an innovative blockchain-based platform that aims to disrupt the advertising and video content industry by tackling issues such as ad fraud, providing open access to infrastructure for publishers and advertisers, and rewarding users for their engagement.
With its innovative technologies, such as Artificial Intelligence (AI), Machine Learning (ML), and blockchain, Verasity is building a powerful advertising ecosystem through VeraViews, developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay, and enhancing the attention economy with its patented Rewarded Video module.
Verasity (VRA) is a cryptocurrency that has garnered significant attention in the market. Traders and investors are always on the lookout for the next big opportunity, and Verasity has displayed promising growth potential.
This article will take a deep dive into the technical analysis of VRA, its price prediction indicators, factors affecting its price, bullish and bearish price prediction patterns, and more. Additionally, we will cover VRA price predictions for 2023 through 2035 and answer ten frequently asked questions about cryptocurrency. We will also delve into the various aspects of Verasity, its token economy, and the future roadmap.
VRA Price Statistics (As of May 31, 2023)
| Verasity Price Today | |
|---|---|
| Verasity Price | $0.00504028 |
| 24h Low / 24h High | $0.00493047 / $0.00528143 |
| 7d Low / 7d High | $0.00431536 / $0.00526440 |
| Trading Volume | $7,381,491 |
| Market Cap Rank | #408 |
| Market Cap | $51,959,892 |
| Market Cap Dominance | 0.004% |
| Volume / Market Cap | 0.1421 |
| All-Time High | $0.086208 -94.19% Nov 01, 2021 (over 1 year) |
| All-Time Low | $0.00199511 151.17% Feb 23, 2021 (over 2 years) |
| Circulating Supply | 10,305,680,354 VRA |
| Total Supply | 110,305,680,354 VRA |
| Max Supply | 110,356,466,695 VRA |
source: coingecko
Overview of Verasity (VRA)
The Need for Verasity
The current advertising and video content industry is plagued with issues like advertising fraud, lack of transparency, and inefficiencies in the supply chain. Verasity aims to address these challenges by creating an open-ledger ecosystem that benefits all stakeholders, including publishers, advertisers, and users. With its innovative technologies and transparent approach, Verasity is well-positioned to revolutionize the advertising and video content industry.
Verasity (VRA) Unique Features
Verasity brings several unique features to the table that sets it apart from other platforms in the industry. Some of these features include:
- Proof of View (PoV): Verasity’s patented PoV technology helps combat ad fraud by ensuring that ads are viewed by real users, leading to higher ROI for advertisers and faster payment times for publishers.
- VeraViews: An open-ledger video advertising ecosystem built around PoV, offering transparent and auditable campaign statistics for brands and invalid traffic tracking for publishers.
- VeraWallet, VeraCard, and VeraPay: A comprehensive payments ecosystem that enables seamless transactions using the VRA token, making it easier for users to earn and spend their rewards.
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The VRA Token and Staking Economy
The VRA token serves as the backbone of Verasity’s ecosystem, with multiple use cases, such as funding advertising campaigns, staking through VeraWallet, making payments through VeraPay, and distributing Watch & Earn rewards. Let’s explore the token and its staking economy in more detail.
Tokenomics
- Total Supply: The total supply of VRA tokens is 110,305,680,354, which includes 90 billion Proof of View ‘marker tokens’ that power the VeraViews ad stack backend and 10 billion VRA tokens reserved for potential corporate acquisitions and new business opportunities through a locked token allocation called the ‘Warchest’.
- Circulating Supply: There are 10,305,680,354 VRA tokens in circulation, with a deflationary mechanism in place where Verasity uses revenues from its advertising ecosystem to buy back and burn tokens at regular intervals.
- Token Utility: The VRA token has a wide range of applications within the Verasity ecosystem, such as funding advertising campaigns, staking, making payments, and distributing rewards.
Staking through VeraWallet
Verasity offers a thriving staking economy through its proprietary VeraWallet, a user-friendly non-custodial wallet for managing VRA tokens. Over 300,000 users trust VeraWallet for staking VRA, with a guaranteed 15% yield until April 2024.
Exchanges Supporting VRA
VRA is traded on several tier-one exchanges, including KuCoin, Bithumb, OKX, Gate.io, Crypto.com, Huobi, and Bitfinex.
VeraViews: A Transparent Advertising Ecosystem
VeraViews is an open ledger video advertising ecosystem built on Verasity’s patented Proof of View (PoV) technology. It offers a transparent and auditable solution for preventing ad fraud, ensuring that ads are viewed by real users. With 13 separate modules, including AI and ML modules, VeraViews enhances the advertising supply chain by storing data transparently and auditably on the blockchain.
In early 2022, Verasity announced a partnership with NASDAQ-listed marketplace Brightcove, a major video technology provider to over 30,000 web publishers worldwide. Later in the year, VeraViews delivered the first third-party-developed ad-support plugin for the Brightcove Web Player. VeraViews is also an Amazon Ads Partner.
The Verasity Team: A Blend of Expertise and Experience
The Verasity team comprises nearly 50 professionals, including developers, community managers, and the executive team, which can be found on Verasity’s About page. Founded by R J Mark, Verasity’s CEO, the leadership team consists of senior blockchain professionals, marketers, advertising industry experts, and established product owners and developers. The majority of the senior leadership team is based in London, UK.
The VeraCard, VeraWallet, and VeraPay Ecosystem
Verasity’s roadmap for 2023 includes the launch of the VeraCard, a physical debit card that complements its VeraWallet offering and provides new utility for the VRA token. The VeraCard can be used for online and in-store purchases.
Building on the success of the VeraWallet and the rollout of the VeraCard, Verasity plans to launch the VeraPay payments app in Q1 2023 for selected countries. VeraPay will use the VRA token as a utility within the app, enabling users to make payments and transactions easily.
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The VRA token will also be listed on the DAMEX app in preparation for the VeraCard rollout.
VRA Price Prediction: A Comprehensive Guide to Verasity’s Future
Verasity (VRA) is a cryptocurrency project that has gained significant attention in recent years. Traders and investors are keen to understand the future price prospects of this digital asset. In this comprehensive guide, we will cover various aspects of VRA price prediction, including technical analysis, price prediction indicators, price-affecting factors, bullish and bearish price prediction patterns, and a detailed outlook for VRA’s price in the coming years. Additionally, we will address the top 10 frequently asked questions (FAQs) that are most searchable.
Technical Analysis for VRA Price Prediction
Traders and investors use technical analysis to predict the future price movements of an asset based on historical price data. It involves the use of various tools and techniques to identify patterns, trends, and potential price levels where an asset may change direction. In the case of VRA, technical analysis plays a crucial role in determining its future price prospects.
Moving Averages
Moving averages are among the most popular VRA price prediction tools. They provide the average closing price for VRA over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average (SMA) for VRA is a sum of VRA’s closing prices over the last 12 days, divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Commonly used moving averages in the crypto market are the 50-day, 100-day, and 200-day moving averages.
Relative Strength Index (RSI) and Fibonacci Retracement Levels
Traders also use the Relative Strength Index (RSI) and Fibonacci retracement levels as VRA price prediction indicators. The RSI measures the speed and change of price movements and helps identify overbought or oversold conditions. On the other hand, Fibonacci retracement levels are used to identify potential support and resistance levels based on the asset’s price history.
Price Affecting Factors for Verasity (VRA)
Various factors can influence the price of VRA, driving its supply and demand dynamics. These factors include:
- Block reward halvings, hard forks, or new protocol updates
- Regulations and adoption by companies and governments
- Cryptocurrency exchange hacks and other real-world events
- Market capitalization changes in the crypto market
- Activity of VRA “whales” or entities and individuals that control large amounts of VRA
Bullish and Bearish Price Prediction Patterns for Verasity (VRA)
Traders often look for specific candlestick patterns to predict future price movements for cryptocurrencies like VRA. Some patterns are considered bullish, indicating a likely increase in price, while others are bearish, suggesting a potential decline in price.
Bullish Candlestick Patterns
Here are some of the most commonly followed bullish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
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Bearish Candlestick Patterns
Here are some common bearish candlestick patterns:
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
VRA Price Prediction for 2023-2035
In this section, we will provide a detailed outlook for VRA’s price in the coming years, based on our analysis and predictions.
VRA Price Prediction 2023
According to our analysis, VRA’s price for 2023 should range between $0.0045 to $0.0067, with an average price of $0.0056.
Verasity Price Prediction 2024
Our predictions suggest that VRA’s price for 2024 should range between $0.013 to $0.019, with an average price of $0.016.
VRA Price Prediction 2025
For 2025, we predict that VRA’s price should range between $0.016 to $0.024, with an average price of $0.019.
VRA Price Prediction 2026
Our analysis indicates that VRA’s price for 2026 should range between $0.03 to $0.04, with an average price of $0.026.
VRA Crypto Price Prediction 2027
According to our predictions, VRA’s price for 2027 should range between $0.027 to $0.039, with an average price of $0.034.
VRA Price Prediction 2028
We predict that VRA’s price for 2028 should range between $0.035 to $0.052, with an average price of $0.043.
VRA Crypto Price Prediction 2029
For 2029, our analysis suggests that VRA’s price should range between $0.045 to $0.067, with an average price of $0.056.
VRA Price Prediction 2030
According to our predictions, VRA’s price for 2030 should range between $0.058 to $0.086, with an average price of $0.072.
VRA Price Forecast 2031
We predict that VRA’s price for 2031 should range between $0.074 to $0.12, with an average price of $0.092.
VRA Price Prediction 2032
Our analysis indicates that VRA’s price for 2032 should range between $0.095 to $0.15, with an average price of $0.12.
Verasity Price Prediction 2033
According to our predictions, VRA’s price for 2033 should range between $0.13 to $0.19, with an average price of $0.16.
VRA Price Prediction 2034
We predict that VRA’s price for 2034 should range between $0.16 to $0.24, with an average price of $0.19.
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VRA Price Prediction 2035
Our analysis suggests that VRA’s price for 2035 should range between $0.19 to $0.27, with an average price of $0.23.
VRA Price Prediction Table from 2023-2035
| Year | Minimum Price | Maximum Price | Average Price |
|---|---|---|---|
| 2023 | $0.0045 | $0.0067 | $0.0056 |
| 2024 | $0.013 | $0.019 | $0.016 |
| 2025 | $0.016 | $0.024 | $0.019 |
| 2026 | $0.03 | $0.04 | $0.026 |
| 2027 | $0.027 | $0.039 | $0.034 |
| 2028 | $0.035 | $0.052 | $0.043 |
| 2029 | $0.045 | $0.067 | $0.056 |
| 2030 | $0.058 | $0.086 | $0.072 |
| 2031 | $0.074 | $0.12 | $0.092 |
| 2032 | $0.095 | $0.15 | $0.12 |
| 2033 | $0.13 | $0.19 | $0.16 |
| 2034 | $0.16 | $0.24 | $0.19 |
| 2035 | $0.19 | $0.27 | $0.23 |
Connecting with Verasity on Social Media
Stay updated with Verasity’s latest developments and announcements by following them on various social media platforms:
- Twitter: @verasitytech
- Discord: Verasity’s Discord Channel
- Reddit: r/verasity
- Telegram: VRA Official Channel, VRA Token Discussion, VRA Token Announcements
- LinkedIn: Verasity’s Company Page
Conclusion: VRA Crypto Price Prediction
Verasity (VRA) has shown promising growth potential and has attracted the attention of traders and investors. This article has provided a comprehensive analysis of VRA’s price predictions, technical analysis, and factors affecting its price.
Read also: Uphold vs Coinbase: A Comprehensive Comparison of Two Leading Cryptocurrency Platforms
Remember to conduct thorough research and consider various factors before making any investment decisions. The cryptocurrency market is volatile, and past performance does not guarantee future results.
FAQs: Verasity Price Forecast
What is Verasity (VRA)?
Verasity is a blockchain-based platform designed to revolutionize the advertising and video content industry. It aims to combat advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for their engagement with video content. Verasity’s ecosystem includes VeraViews, VeraWallet, VeraCard, and VeraPay.
How does Verasity’s Proof of View (PoV) technology work?
Verasity’s patented Proof of View (PoV) technology helps prevent ad fraud by ensuring that ads are viewed by real users. With PoV, advertisers can enjoy higher ROI, and publishers can benefit from faster payment times.
What is the utility of the VRA token?
The VRA token is central to the Verasity ecosystem and serves multiple purposes, including funding advertising campaigns, staking through VeraWallet, making payments through VeraPay, and distributing Watch & Earn rewards.
What is VeraViews?
VeraViews is an open-ledger video advertising ecosystem built around Verasity’s patented Proof of View (PoV) technology. It offers a transparent and auditable solution to prevent ad fraud and enhance the advertising supply chain.
Where can I stake my VRA tokens?
You can stake your VRA tokens through Verasity’s proprietary VeraWallet, which offers a guaranteed 15% yield until April 2024.
Is Verasity’s VRA token deflationary?
Yes, the VRA token has a deflationary mechanism in place, where Verasity uses revenues from its advertising ecosystem to buy back and burn tokens at regular intervals. This helps reduce the circulating supply of VRA tokens over time.
What factors affect the price of Verasity?
Factors affecting VRA’s price include fundamental events, regulations, adoption, market sentiment, and whale activity.
What are some popular price prediction indicators for VRA?
Common price prediction indicators for VRA include moving averages, RSI, and Fibonacci retracement levels.
What are some common bullish and bearish candlestick patterns used to predict VRA’s price trends?
Some common bullish patterns include Hammer, Bullish Engulfing, Piercing Line, Morning Star, and Three White Soldiers. Common bearish patterns include Bearish Harami, Dark Cloud Cover, Evening Star, Shooting Star, and Hanging Man.
What is the short-term VRA price prediction for 2023?
The average VRA price in July 2023 is predicted to be $0.004, with a potential high of $0.0043.
What are the long-term VRA price predictions for 2024 to 2035?
The long-term VRA price predictions range from an average price of $0.015 in 2024 to $0.25 in 2035, with potential highs ranging from $0.018 to $0.30.
Is investing in Verasity a good idea?
Investing in Verasity should be based on thorough research and analysis of the project, its fundamentals, and market trends. It’s essential to assess the risks and potential rewards before making any investment decision.
How can I buy VRA?
VRA can be purchased on various cryptocurrency exchanges, such as Binance, KuCoin, and BitMart.
What is the current market cap and trading volume of VRA?
As of writing this article, the market cap of VRA is $52,158,661, and the trading volume is $7,398,757.
What is the all-time high price of VRA?
VRA’s all-time high price was $0.086 on November 1st, 2021.
