- Verasity: A Sneak Peak
- Verasity: Features And Benefits
- VRA Price Prediction: Price History And Technical Analysis
- VRA Price Prediction: From Industry Influencers
- Is VRA A Good Choice? When Should You Invest?
- Conclusion
Verasity enables the video entertainment and esports industry to host streams on its platform, and the native VRA token is used as a currency in online gaming. VRA was performing relatively well and made itself to the trending list. Based on VRA’s historical data and price chart, our VRA price prediction indicates a strong chance for VRA’s $0.1 soon.
Verasity: A Sneak Peak
Verasity is a turbulent next-generation video-sharing platform. It is a protocol that essentially intends to improve the returns of video publishers and creators by providing avenues a way for revenue increase. In 2017, entrepreneur and technologist R.J Mark founded the Verasity protocol. It utilizes a wide range of revenue-generating avenues such as fight clubs, esports tournaments, and other subscription-based activities.
The protocol’s main motive is to reward genuine content creators and solve the problem of fake views among advertisers. Thus it makes promises to increase advertising income for the video publisher drastically. The Verasity protocol is arguably the only patented blockchain technology-related protocol layer. While their technology is patented in the United States, as many AdTech companies are based there, and the SEC‘s lack of clarity on staking is out of their control. Let’s look at its current market details.
| Cryptocurrency. | Verasity |
| Token | VRA |
| Price | $0.006 |
| Market Cap | $62,882,312 |
| Trading Volume | $19,849,816 |
| Circulating Supply | 10.34B VRA |
| All-time high | $0.08683 |
| All-time low | $0.0002342 |
Verasity: Features And Benefits
The initiatives of Verasity are innovative and provide real solutions to financial problems. The utility of the Verasity protocol has a promising future and aims for great success in the future. In 2021, the founding team behind the protocol planned to release its B2B products to enlarge its scope to the levels of YouTube, Twitter, and other social media ad stacks to increase the reward. This expansion is a good sign for Verasity crypto holders since more developments in its ecosystem will result in the overall positive growth of VRA’s native digital currency.
There are several avenues for Verasity to make money and grow into a robust protocol like VRA’s crypto community can utilize the tournament platform for video ad revenues, transaction fees, and commissions on prize pools. Let’s look at VRA’s features and benefits.
- Verasity protocol is powered by smart video player technology that has been tested to scale to eight PetaBytes of video information per month. Verasity’s video-sharing platform offers a high-quality viewing experience.
- The Verasity’s VeraPlayer options associate a degree-integrated digital case that allows seamless microtransactions directly between viewers and creators’ exploitation of VERA Tokens. Additionally, viewers are rewarded for observation and sharing content in VERA.
- Verasity’s patent unfinished Proof of reading (PoV) technology can quickly identify fake views, bots, and manipulated audience metrics. PoV guarantees that the only real views area unit counts all recommendations, content emergence, and advertising metrics area unit correctly. So that views have actual worth on Verasity.
- Creators can use the revolutionizing ‘Spark Marketplace’ to boost channel growth. Users get and hold ‘Vera Sparks’ and then receive a share of a channel’s ongoing success through VERA Tokens.
VRA Price Prediction: Price History And Technical Analysis
The past performance of a cryptocurrency is not an indicator of future prices. However, it helps us to know the coin’s potential when providing predictions.
In 2019, when Verasity was launched in the open market, it was worth around $0.0005. It mostly remained around this price level for the next two years or so, making the occasional foray above the $0.001 mark but not exactly setting the world of cryptocurrency on fire.
Things changed in March 2021, when VRA saw a bull run and its price started booming. In September, VRA saw some bearish movement, but the market became bullish again in October, and the coin moved upwards until it reached its all-time high of $0.08683 on 1 November 2021. After that, the crypto market was hit hard by the Covid 19 and the coin rapidly dropped. It ended the year at a price of $0.03421. The news of China imposing a ban on crypto led the coin to below $0.02.
VRA is currently trading at $0.006 with a market cap of $62,882,312. The Bollinger Band’s upper limit is $0.007, a strong resistance. We predict that VRA will break this resistance soon and touch $0.008. Conversely, the Bollinger band’s lower limit is $0.004, which is a crucial support. If VRA breaks the support level, we can see its price below $0.002. MACD 50 and RSI are showing positive momentum, so we can expect a bullish move soon.
By the end of 2022, VRA’s price may be trading around $0.0136. As VRA is the most traded coin on KuCoin, we can see it trading around with a high price of $0.23 and a low price of $0.19 by 2025. VRA is at the front seat of the video streaming and esports sector, and its price can be $0.08 in 2030.
VRA Price Prediction: From Industry Influencers
Gov Capital’s experts think VRA is a good investment because it posts bullish sentiments. Verasity will pull a 715% increase in the next year. By 2023, the price can be $0.041.
Wallet Investor forecasts that VRA will rule the Metaspace. The minimum and average prices to occur at $0.00859 and $0.0219 respectively by 2022 and VRA to surge to a maximum of $0.1023 by the end of 2025.
Is VRA A Good Choice? When Should You Invest?
Based on our technical analysis and VRA’s fundamentals, it can turn out to be a profitable investment in the future. The team also announced a VRA tokenomic update. The community is large, and the team is dedicated to leading the project towards success. A price of $0.0045 can be a good entry point.
Conclusion
The team behind the project is constantly working on new partnerships and developing the protocol’s design which will help the coin to gain more value. Verasity is one of the most promising projects in the market. However, you are advised to research and analyze before investing in the volatility of the market.
