Verasity signs a partnership deal with First Point Ventures to help drive mass adoption

Verasity is excited to announce a new deal with First Point Ventures (FPV), a leading early-stage investment and corporate advisory company, with a presence in Singapore and Hong Kong.

FPV has invested across the early stage technology and eSports markets. In addition, it has provided corporate advisory services to clients with projects raising over US$150m since 2017. Their management and advisory team bring together expertise and experience from a range of technology entrepreneurship and financial markets backgrounds and will bring invaluable expertise and access to new creators, publishers, partners and investors, all helping to grow the Verasity project.

After a successful listing across numerous exchanges and a growing user base, Verasity’s platform is ready to enter its next stage of growth and is signing up popular content creators and video publishers to adopt the technology and reward VRA tokens for users’ attention.

Verasity has rapidly integrated its in-player cryptocurrency wallet and rewards platform into 7 top video player platforms including Twitch, Vimeo, JW Player, and Brightcove. This now makes it very easy for creators and publishers to grow their user-base and revenues implementing Verasity’s technology.

“We are thrilled to have FPV backing our project and work to support our Company goals. Their advisory can help grow the usage of Verasity’s rewards-based video technology and the VRA token across a wide base of content creators and publishers FPV has access to. Especially in the eSports and Gaming vertical, where we see huge potential for growth.” Says Chris Gale, Verasity co-founder.

“We are delighted to partner with Verasity to grow their Twitch integrated platform and scale it into the eSports industry. Verasity’s platform provides innovative and valuable new revenue streams for teams, players and organisations in the eSports market. We look forward to it being used across some of the leading parties in the eSports space.” Quote from Sebastian Quinn-Watson, founder of FPV.

About First Point Ventures

First Point Ventures is a private investment firm focused on early-stage technologies and emerging industries. To date, First Point Ventures has served some of the pioneering companies across Distribute Ledger, Fintech and eSports. Forging long term partnerships with leading entrepreneurs transforming their respective industries. Our clients/portfolio includes Playkey, Powerledger, Bluzelle, 3DMAX, Enjin and others.

About Verasity is a leading video player providing unique Rewarded Video Player Technology to major video Publishers across the globe. The patent-pending Video Player enables VRA rewards, monetization and loyalty schemes within the video player wallet. Our unique player technology is already available to over 1.6 million video Publishers with 550 million viewers and over 110 billion monthly views. This brings engagement, audiences, and revenues back to video Publisher sites from YouTube. Our attention-based model creates a thriving VRA token economy between viewers, video Publishers and advertisers.

Verasity is the future of online video.

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Media Contact:

Anne Szustek Talbot

BX3 Capital