Verasity Out of Roadmap Achievements 2023 — A Prelude to the 2023 Annual Review

We’re soon going to post a 2023 full annual recap, as well as a deep-dive into our 2024 roadmap items. However, we want to take this opportunity to really remind our community what Verasity’s roadmaps are, and what their purpose is.

Our roadmaps are always published as a guide of milestones that we believe we can reasonably achieve in any given quarter. They are normally product driven, internal (i.e. not dependent on 3rd parties), and not a hard and fast rule on what will arrive in that quarter.

That’s why, historically, we have always vastly overdelivered each quarter, going far above and beyond what was contained within our roadmap. Last year was no exception. In fact, 2023 might have been our busiest year to date, with 30+ major non-roadmap items delivered totally out of the blue — some of which have gone on to be the most important developments of 2023.

In this short article, a prelude to our 2023 annual review and 2024 roadmap deep dive, we look at the achievements where we went far beyond our roadmap — with multiple milestones in each and every quarter.

Q1 2023

Q1 2023 saw the first VRA burns. This was unannounced and unscheduled according to our roadmap. Needless to say, the community gave good feedback. We also saw some huge tier-1 listings, such as Bybit, as well as new patent approvals, comms channels, and integrations.

In Q1 2023, on top of our roadmap, we delivered:

• Two burn events were conducted, which resulted in 70 million VRA being removed from circulation source [1] , source [2]
• Awarded South Korean patent for Proof of View (PoV) source
• VeraViews Oracle MOAT integration source
• VRA listed on Bybit source
• VRA listed on LunarCrush exchange source
• Launched Verasity YouTube channel source

Q2 2023

Q2 2023 saw more exchange listings for VRA, including major exchanges Bitpanda and LBank. We launched our Zealy board to reward our community better, and of course, we did more burns. We also became TAG registered in this quarter, and attended key events in the APAC region.

In Q2 2023, on top of our roadmap, we delivered:

• Verasity becomes verified by TAG source
• Two burn events were conducted which resulted in 84+ million VRA being removed from circulation source [1] , source [2]
• VRA listed on Bitpanda source
• VRA listed on LBank source
• VRA listed on BNS source
• Hosted two Sprints on Zealy source [1] , source [2]
• Launched on Link3 source
• Participated in a networking event held at the Hong Kong Web3 Summit source

Q3 2023

Q3 2023 marked a period of change. Voluntarily and unannounced, we opened a tokenomics consultation to our entire community to give us valuable feedback. We immediately burned the Warchest following this consultation, and made plans for PoV migration. This was not part of our roadmap. We also did more burns, had some fantastic media coverage, and launched the Verasity Elites Club.

In Q3 2023, on top of our roadmap, we delivered:

• Ran landmark tokenomics consultation source
• Burned Warchest (10 billion tokens) source
• Bought back and burned 86+ million VRA from the circulating supply, worth over $462,500 at the time of burning source
• Verified Verasity Telegram channel source
• Received coverage in large publications, including Yahoo Finance, Cointelegraph, Nasdaq, Business Insider, and more
• Launched Verasity Elites Club source

Q4 2023

Q4 2023, only just concluded, was our busiest quarter yet. In addition to our roadmap, we delivered two key collaborations that will propel adoption for Verasity’s tech in 2024 through Carbon Browser and Neo Tokyo, we did yet another burn, and we secured one of our most important patents to date in Europe. We also listed in the Bitcoin.com ecosystem, home to 44 million users, and added multiple new trading pairs. Finally, we released key data from our VeraViews performance upgrades that will enable us to scale our commercial adoption. Once again, this was all in addition to our roadmap.

In Q4 2023, on top of our roadmap, we delivered:

• Opened PoV Marker tokens migration consultation
• Bought back and burned 50+ million VRA from the circulating supply
• Launched a new service, VeraAds source
• Joined Neo Tokyo source
• Teamed up with Carbon Browser to explore the integration of Proof of View (PoV) source
• Secured European patent for Proof of View (PoV) source
• VRA listed on Verse DEX with Bitcoin.com wallet support source
• Published 2023 VeraViews performance update source
• Covered in Nasdaq and Business Insider
• VRA listed on Brazilian exchange, BitcoinToYou source
• VRA added to Bybit Derivatives platform source
• VRA added to Crypto.com Derivatives platform source

Is that all?

Nope. We also held over 40 AMAs, X Spaces, and podcasts; multiple trading competitions, welcomed new team members, joined industry steering groups, listed on new exchanges, and attended events that weren’t part of our roadmap!

What’s next?

We’ll soon publish a detailed overview of our roadmap for 2024, with a description for each roadmap item and how it fits into our business model. We’re also working on a 2023 annual review to discover our roadmap items, and everything else we achieved through the year, and it’s significance to Verasity.

Our key message is that our roadmaps are exactly that — a product guide to the year which we feel confident that we can deliver on. But as we’ve shown above, the Verasity team is constantly looking to deliver above and beyond our roadmap, and 2024 will be no different.

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