Vra Coin: A Good Investment Option?

Verasity (VRA) is a blockchain-based platform that operates in the esports, digital entertainment, and advertising industries. It has developed a patented Proof of View (PoV) technology to address the issues of video advertising and NFT fraud. The VRA token is used for funding advertising campaigns, staking through VeraWallet, making payments through VeraPay, and distributing Watch & Earn rewards. The current market price of one Verasity is $0.0025. Analysts project a bullish trend for Verasity in 2030, with prices potentially reaching $0.0328. However, the price of Verasity has been volatile, and it is important to consider your risk tolerance and conduct your own research before investing.

Verasity's (VRA) price history and volatility

Verasity (VRA) has had a volatile price history since its ICO concluded in August 2018 at a token price of $0.0075. Its price remained flat until 2021, when it surged alongside the broader cryptocurrency market. Between 1 January and 11 April 2021, the token's price spiked by 10,000%, reaching $0.0509. However, it then declined to $0.008 on 20 July.

The next rally brought VRA to an all-time high of $0.0868 on 1 November 2021, but the token closed the year at $0.0342. Since the beginning of 2022, VRA's price action has been volatile, with several spikes and declines. On 24 February, it reached a 90-day low of $0.01579, before rebounding to a 30-day high of $0.0305 on 2 April. On 12 May, it hit a low of $0.007, and its price has continued to decline since then.

As of 25 October 2022, the VRA token was trading at $0.003987, with a market capitalisation of $41 million. This is 95% below its all-time high in November 2021.

In 2024, VRA's price has continued to fluctuate. As of 2 August 2024, the live Verasity price was $0.002636, with a 24-hour trading volume of $3,651,955. Its market ranking was #694, with a live market cap of $26,173,644. As of 2 September 2024, the current price of Verasity was $0.0025, with a market cap of $24,465,324, and a 24-hour decrease of -2.8%.

Looking ahead, analysts have predicted that the VRA token could experience a significant surge, potentially reaching $1.68 by the end of 2040. By 2050, the price could be anywhere between $1.86 and $2.15. However, it is important to note that these are just predictions, and the actual performance of VRA may differ.

Verasity's (VRA) future price predictions

Verasity (VRA) is a blockchain-based platform that operates in the esports, digital entertainment, and advertising industries. It has a native token, VRA, which is used as a medium of exchange for the online gaming and video economy.

• WalletInvestor predicts that VRA is a 'bad' long-term investment. Its price prediction for 2022 estimates that the coin could reach $0.000370 by the end of the year. Its prediction for 25 October 2025 is $0.0000680, and its five-year prediction indicated that the token could reach $0.000130 in October 2027.
• Price Prediction suggests that the average price in 2022 could be $0.004, and $0.015 in 2025. Its prediction for 2030 is $0.099.
• DigitalCoin estimates that the average price could be $0.00393 in 2022, $0.00653 in 2023, $0.00653 in 2025, and $0.0220 in 2030.
• CoinCodex's short-term price outlook on 25 October 2022 suggested that the VRA token could hit $0.004069 by 24 November 2022.
• According to PricePrediction.Net, Verasity (VRA) is anticipated to reach a maximum price of $0.0052 by 2025, $0.194 by 2050, and $0.0328 by 2030.

It is important to note that the cryptocurrency market is highly volatile, and past performance is not a guarantee of future results. Before investing in any cryptocurrency, it is essential to conduct thorough research and understand the risks involved.

Verasity's (VRA) staking economy and token utility

The circulating supply of VRA tokens is deflationary and will decrease as Verasity uses revenues from its advertising ecosystem to buy back and burn tokens at regular intervals. Over 242,000,000 tokens have been burned at the time of writing. The VRA total supply of 100,114,152,328 VRA includes 90 billion Proof of View Marker tokens, which do not contribute to the circulating supply and are exclusively used to power the VeraViews ad stack back-end. These tokens cannot be traded, and Verasity is considering moving them to a separate blockchain.

The VeraWallet is a non-custodial wallet that offers a guaranteed 15% yield until April 2024 and is used by over 300,000 users for staking. Verasity also intends to launch the VeraCard, a physical debit card that can be used for online and in-store purchases, to complement the VeraWallet and provide new utility for the $VRA token.

The $VRA token is listed on several tier-one exchanges, including KuCoin, Bithumb, OKX, Gate.io, Crypto.com, Huobi, Bybit, and Bitfinex, ensuring high trading volumes. Verasity's collaboration with Brightcove, a major video technology provider to over 30,000 web publishers worldwide, further enhances its staking economy and token utility.

Verasity's (VRA) partnerships and exchange listings

Verasity (VRA) has developed a patented Proof of View (PoV) technology that it intends to use to address the issues of video advertising and NFT fraud. The VRA token is central to the Verasity ecosystem and has a variety of applications. It is used for funding advertising campaigns, staking through VeraWallet, making payments through VeraPay, and distributing Watch & Earn rewards.

In March 2022, Verasity announced that its native token VRA had been listed on Crypto.com (CRO), one of the largest cryptocurrency exchanges globally. This launch resulted in VRA gaining visibility on five of the world's top 10 cryptocurrency exchanges, including Crypto.com, Huobi, OKX, KuCoin (KCS), and Gate.io. This partnership also allowed holders of VRA tokens to spend their assets in the real world through Crypto.com's proprietary crypto-enabled Visa debit cards.

On March 30, 2022, Verasity's VRA token was listed on the Bit2Me cryptocurrency exchange, providing users with additional liquidity. Verasity also has partnerships with Brightcove, a major video technology provider to over 30,000 web publishers worldwide, and Nasdaq.

VRA is traded on several tier-one exchanges, including KuCoin, Bithumb, OKX, Gate.io, Crypto.com, Huobi, Bybit, and Bitfinex. The token's price has been quite volatile, with the most recent peak in November 2021.

Verasity's (VRA) technology and product offerings

Verasity (VRA) is a blockchain-based platform that operates in the esports, digital entertainment, and advertising industries. It has developed a patented Proof of View (PoV) technology to address the issues of video advertising and NFT fraud. Verasity aims to enhance advertising income for video publishers on any video platform by using its unique PoV protocol layer on the blockchain.

The PoV protocol can be used in the advertising market and the broader consumer market through non-fungible token (NFT) collectibles. In the case of the latter, PoV can be used for authenticating the chain of ownership and verifying any digital image viewer. Verasity generates revenue from memberships, royalties on winnings, video ad revenue, and transaction costs on its esports platform.

Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024. It is powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies.

The $VRA token is central to the Verasity ecosystem as a single utility token with a host of applications. It is used for funding advertising campaigns, staking through VeraWallet, making payments through VeraPay, and distributing Watch & Earn rewards. There are over 10 billion VRA tokens in circulation, with a total supply of over 100 billion. The circulating supply is deflationary and will decrease as Verasity uses revenues from its advertising ecosystem to buy back and burn tokens at regular intervals.

Verasity has also developed VeraViews, an open-ledger video advertising ecosystem built around its patented PoV fraud identification technology. With transparent invalid traffic (IVT) tracking for publishers and auditable campaign statistics for brands, VeraViews offers a powerful and auditable solution for preventing ad fraud. Ads are seen by real people, resulting in a higher campaign ROI% for advertisers and faster payment times for publishers.

The Verasity roadmap for 2023 includes the launch of the VeraCard to complement its VeraWallet offering and provide new utility for the $VRA token. The VeraCard is a physical debit card that can be used for online and in-store purchases. The company also announced the launch of the VeraPay payments app for Q1 2023 for selected countries. VeraPay will use $VRA as a utility token within the app to facilitate payments and transactions.

Frequently asked questions