Staking Program Extended to 2022 and Lower Withdrawal Fees

Verasity
Verasity
Published in
3 min readApr 1, 2021

We’re pleased to announce that the Verasity Staking Program has been extended to 31 March 2022 at the daily reward rate of 0.07% (25.55% per annum).

The minimum amount to be staked continues to be 10,000 VRA and there are no other changes to the staking terms.

Withdrawal Fees Reduction

We are continuingly monitoring Ethereum network costs and we’re happy that today we can reduce the VeraWallet withdrawal fee to 600 VRA.

To enable this fee reduction we are increasing the minimum amount of VRA to be withdrawn to 5,000 VRA.

All the above changes will take effect immediately.

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

📖 Read our latest adoption metrics and one page overview

📈 Find where VRA (ticker) is trading on CoinMarketCap

VRA can be staked for 25.55% annual interest at https://verawallet.tv.

Follow Us:

Medium: https://medium.com/verasity
Twitter: https://twitter.com/verasitytech
Website: https://verasity.io
Telegram Token Discussion: https://t.me/Verasity_Official
Telegram Token Announcements: https://t.me/verasity
Verasity Gaming: https://t.me/verasity_gaming
Facebook: https://facebook.com/verasitytech
LinkedIn: https://www.linkedin.com/company/verasity
Reddit: https://www.reddit.com/r/verasity
Blockfolio Signals: Follow VRA to receive updates straight from the team

Join our local groups, we have support in the following languages

Chinese Chat 🇨🇳 — https://t.me/Verasity_CN
German chat 🇩🇪 — https://t.me/GermanVRACommunity
Dutch chat 🇳🇱 — https://t.me/verasityamsterdam
Brazilian chat 🇧🇷 — https://t.me/Verasity_BR
Indonesian chat 🇮🇩 — https://t.me/verasityindonesia
Japanese chat 🇯🇵 — https://t.me/vrajapan
Korean chat 🇰🇷 — https://t.me/Verasity_Korea
Persian chat 🇮🇷 — https://t.me/verasity_irn
Russian chat 🇷🇺 — https://t.me/VerasityRU
Spanish chat 🇪🇸 — https://t.me/verasity_spanish
Turkish chat 🇹🇷 — https://t.me/VerasityTR
Vietnamese chat 🇻🇳 — https://t.me/Verasity_Vietnam
Philippines chat 🇵🇭 — https://t.me/verasity_philippines
Indian chat 🇮🇳 — https://t.me/VerasityIndia
WeChat — PM @cryptomeo on Telegram
Korean Kakao — https://open.kakao.com/o/gZaO4N1c

If you are a Game Developer or Video Publisher and want to grow your audience and revenue by 500% click the link to talk to the team

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Verasity
Verasity

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