Verasity had a terrific Q1 for the start of 2021. We hit our targets and exceeded our roadmap with substantive project tasks that were added during the Q1 without slowing down other product related tasks.
Lets see what was completed:
Today we released the Esports Fight Club proprietary video player which is the heart of the video sharing platform system and which supports all our modular products.
This includes:
- The VOD sharing platform which is located at esportsfightclub.com/video
- Our VOD content acquisition which includes over 500 hours of content on the VOD platform with more than 100 VODs and 7 Esports titles
- Search function for VODs so that users can search by keyword or by hashtag.
- Content includes Streamer/influencer VODs, third party compiled highlights as well as Esports Fight Club Tournament content.
- Content acquisition is ongoing and we have much more content to upload imminently
Further completed on the EFC video player:
- VRA rewards on the player integrated with VeraWallet
- Livestream viewing VRA reward system which is completed and you can test during the next live stream tournament.
- Proprietary ad stack which is now complete and integrated with the video player. During an upcoming tournament, ads will start appearing as our ad networks’ algos propagate our esportsfightclub.com domain throughout the programmatic ad ecosystem.
VeraWallet upgrades completed:
- Automated withdrawals
- Instant Stake ETH & BTC
- ERC777 VRA support and auto swap
Esports Fight Club site updates:
- Automation and other back end features for admins
- Additional games including Dota 2 and Free Fire
- Tournaments added
Project completions:
- Proof of View enabled smart contract (ERC777)
- Verasity swap from ERC20 to ERC777 across all exchanges and VeraWallet.tv. Using VeraWallet to manage the swap has been very successful.
- Added additional exchanges including Bittrex USDT pair, MXC, Uniswap with over $5M of liquidity, Gate.io, DigiFinex, Bitribe and DoDo with over $750k of liquidity
- Proof of View Patent #1095693 was awarded and issued to Verasity
- Keynote speech at the CoinTelegraph Hot Trends Global Summit
Marketing:
- EFC Community tournaments are on going with new influencer partners
- More than a dozen twitter and YouTube influencers
- Country targeted marketing in China and Korea with four agencies targeting AMAs, PR, Influencers and blogs
- 76% uplift in social media metrics
Team expansion to:
- 20 admins
- 18 moderators for non english groups
- Expanded Esports team to 4 people
- We will update our blog on team additions early in Q2
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 25.5% 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
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Join our local groups, we have support in the following languages
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Indian chat 🇮🇳 — https://t.me/VerasityIndia
WeChat — PM @cryptomeo on Telegram
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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
