Esports Fight Club is very excited to announce the launch of NFTs (Non-fungible token) built on Verasity’s patented Proof of View technology.
NFTs & Esports Fight Club
Esports Fight Club items will include NFTs such as Esports posters, badges, emotes, weapons, mods and short videos (highlights of Esports tournaments) all built on the Verasity Proof of View blockchain technology.
Each NFT is unique, owned by the owner and validated through Proof of View on the blockchain. NFTs make digital content one-of-a-kind: you will be the only person who can claim ownership of an NFT that you own. This means you will have control of the NFT, like the ability to resell or distribute it, and it will appreciate or depreciate in value just like any other asset.
As a content provider, Esports Fight Club produces some of the best Esports content in the industry. Together with other marketplace products, NFTs will be available on the Esports Fight Club Store soon.
Verasity has a unique role to play because through Esports it can capture user intent and contextual data through its video viewership on Esports Fight Club. It is clear that NFTs are great for fan-based economies. Given that Verasity through its proprietary video player and ad stack can track viewership, it is uniquely positioned to create value for NFTs.
For example an Esports star with a large streaming fan base can use the Esports Fight Club platform coupled with Verasity technology for data storage, consumption and targeting of NFTs. For Esports Fight Club it is natural to have NFTs baked in.
Proof of View
Proof of View applied to NFTs will help prevent some of the fraud in NFTs today. Many published artists are concerned about taking the leap into crypto until NFTs are proven free of fraud and secure. Verasity will make that a reality.
The Proof of View patent is a key patent in video monetization. Verasity is also utilizing it to tap into the broader consumer market through NFT digital collectables, a growing segment.
Proof of View utilizes hundreds of metrics to evaluate user behaviour combined with a pre-screening process that occurs at the initialisation stage. This produces extensive statistical data that is AI sorted.
Saved and Protected
Statistical data from the user is saved in the form of a fingerprint that is hashed yet complies with all privacy regulations.
The data collected in conjunction with historical data permits a verifiers’ network to validate the interaction and save the hashed records to the blockchain ensuring transparency and verifiability.
Our Digital Collectibles Showcase
See more NFTs on Esports Fight Club
About Verasity
Protocol and Product Layer Platform for Esports and Video Entertainment
The Verasity Mission
Verasity’s mission is to significantly increase engagement and advertising revenues for video publishers on any video platform.
How? Through its PoV Protocol, Product Layers & Platforms
- VRA Rewards — Product Layer
- Proprietary Video Player — Product Layer
- Proprietary Adstack — Product Layer
- Proof of View (US Patent Office #10956931 System and Method for Proof of View via Blockchain) — Protocol Layer
- PoV is the only Protocol Layer patented technology for the blockchain
- VeraWallet — Product Layer Payment System
Use Cases
Esportsfightclub.com — Esports Platform and Video Publisher owned by Verasity
This is Verasity’s most important use case because it combines all of the products into one Esports platform that Verasity owns and controls. The Esports platform has scaled to 8.6m viewers for its tournaments.
Verasity.tv — Aggregator of Publishers
Available SDKs which can be used by any publisher for the following video players: YouTube, Twitch, Vimeo, JWPlayer, Brightcove, VideoJS, Kaltura, FlowPlayer, iVideoSmart and others (90% of all video players in the West). This is now available for over 2 million video publishers struggling to survive on low advertising revenues.
Verasity Revenues
Verasity makes B2C revenues from its Esports Fight Club platform through subscriptions, commissions on prize pools, video ad revenues and transaction fees using Verasity products. Verasity will roll out its B2B products later in 2021 with attendant revenues. Verasity Roadmap
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