BNB Migration Plan for Verasity

Verasity
Verasity
Published in
2 min readJun 10, 2019

Listing proposal for Binance DEX

As you know the reason for choosing Binance Chain as our interoperability partner for executions over other blockchains is due to its high transactions per second and the increasing number of projects moving to Binance Chain. Binance has the strongest centralized exchange and liquidity and Binance Chain is a best in class decentralized ecosystem. For more about our reasons to move on to the Binance Chain read here. Check out the listing here.

The BNB Migration Plan and Binance Dex Listing

  • Prior to the DEX listing, Verasity will issue VRAB and lock up 100% of the total VRAB capacity which mirrors the ERC20 VRA maximum total supply (10,839,985,784 VRA).
  • 25/06 — Verasity will release VRA conversion gateway within the Verawallet, enabling VRA holders to swap VRA to VRAB.
  • 25/06 — Verasity will unlock 10% of the total supply of VRAB so VRA holders can swap VRA to VRAB at a 1:1 exchange rate.
  • 25/06 — Verasity aims to list VRAB to start trading on Binance DEX.
  • All VRA (ERC-20) swapped to VRAB (BEP2) will be burned so that the circulating supply is not affected.
  • Verasity will continue to unlock 10% of the VRAB total supply as required by liquidity on exchanges until such time that ERC-20 is swapped out.

Update on Airdrops: Bounty and Airdrop program finishes on Friday 14th June 2019

About Verasity

Verasity is a leading company providing rewarded video player technology to major publishers across the globe. The patent-pending video player enables tokenized rewards (VRA) as well as loyalty schemes within a video player wallet. The unique technology is already available to more than 1.6 million video publishers with 550 million users and 110 billion monthly views bringing engagement and revenues back to publishers’ sites. Verasity’s attention-based model creates a thriving VRA token economy between viewers, video publishers and advertisers.

In May, Verasity announced a partnership with Binance Chain, a blockchain software system developed by Binance in a move that will bring about a new incentivised video economy.

Verasity is the future of online video.

Verasity Products include: VeraWallet: verawallet.tv

Verasity technology is now integrated into the following video players on publishers’ sites: YouTube, Twitch, Vimeo, JWPlayer, Brightcove, Kaltura, VideoJS, Flowplayer, and Ooyala which represents over 95% of all the video players utilized.

VRA (ticker) is trading on:

HitBTC: https://hitbtc.com/exchange/VRA-to-BTC, https://hitbtc.com/exchange/VRA-to-eth

STEX: https://app.stex.com/en/basic-trade/pair/ETH/VRA/5

CoinAll: https://www.coinall.com/market?product=vra_btc

DCoin: https://www.dcoin.com/currencyTrading/VRA_ETH

Shortex: https://shortex.net

VRA can be staked for 36.5% annual interest at https://verawallet.tv.

Follow the VRA token at CoinMarketCap. Join our Telegram chat at https://t.me/verasitychat.

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https://verasity.io

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Verasity
Verasity

Advertising technology based on open-ledger principles. We have the first patented adtech protocol on the blockchain — VeraViews