Deepdive
by BSCN
March 27, 2025
Explore Verasity's evolution from its 2017 founding to its 2025 roadmap, including VeraWallet 2.0, dual-token ecosystem, and ad fraud prevention technology that's reshaping digital advertising.
Founded in 2017 by RJ Mark, Verasity began with a clear mission: to tackle the growing problem of ad fraud while helping video publishers increase their revenue. The company built its foundation on blockchain technology, developing a specialized video-sharing platform that prioritized transparency and verified views.
Since those early days, Verasity has achieved several important milestones. In the first quarter of 2021, the company launched the beta version of VeraViews. That same year, Verasity secured patents in both the United States and China for their Proof of View (PoV) technology, as confirmed in a March 23, 2021 social media announcement.
By 2023, the company shifted its focus toward commercial applications. In a significant leadership change, founder RJ Mark, who served as CEO until June 2024, handed the position to Mark Firth, who now serves as CEO and General Counsel. Mark continues to support the company's business development efforts.
The year 2024 proved to be foundational for Verasity, with the company establishing a presence in Dubai's Media City, a global center for digital media innovation. This strategic location positions Verasity at the heart of emerging technology and media developments.
VeraWallet stands as a cornerstone of Verasity's ecosystem. This non-custodial wallet specifically designed for $VRA tokens has gained the trust of more than 300,000 users. The wallet offers on- and off-ramp options for easier token purchases and withdrawals. It also offers an impressive 15% yield for token staking (until 2026), making it an attractive option for crypto investors.
According to the 2025 Roadmap, VeraWallet 2.0 will receive several major updates:
These improvements aim to make VeraWallet more user-friendly while expanding its capabilities within the broader Verasity ecosystem.
VeraViews represents Verasity's comprehensive answer to the persistent problem of ad fraud in digital advertising. As an end-to-end ecosystem for transparent advertising, VeraViews combines multiple technologies to ensure both advertisers and publishers benefit from legitimate traffic and engagement.
The platform offers a complete suite of solutions:
This comprehensive approach targets ad fraud at every level, ensuring advertisers only pay for genuine engagement while helping publishers maximize their legitimate revenue. According to VeraViews, their technology addresses one of digital advertising's costliest problems - the billions wasted annually on fraudulent ad impressions.
The platform will see significant advancements in 2025, including:
By providing end-to-end transparency throughout the advertising process, VeraViews delivers value to both sides of the digital advertising ecosystem: publishers receive verification that their traffic is valid, while advertisers gain assurance that their budgets are protected from Invalid Traffic (IVT) and reach only real, engaged users.
VeraEsports offers a dedicated platform where gamers, streamers, and esports enthusiasts can earn $VRA tokens through competitive play and engagement. Originally launched as Esports Fight Club, the platform was rebranded to VeraEsports in November 2021 to better align with Verasity's vision and branding for blockchain and video entertainment.
The platform allows both amateur and professional players to participate in various tournaments or even create their own public or private competitions. Players can compete against friends or test their skills against pros from around the world.
VeraEsports leverages Verasity's blockchain technology to offer a transparent "Watch & Earn" program where viewers can earn redeemable points by watching tournament streams. These points can be converted into $VRA tokens, creating an incentive system for genuine viewership.
The platform integrates with VeraWallet for seamless transactions and uses Verasity's proprietary VeraPlayer for high-quality streaming experiences. This integration creates a complete ecosystem that connects gamers, viewers, tournament organizers, and brands in the global esports industry.
The 2025 Roadmap confirms a significant development: the launch of Verasity's dual-token ecosystem on the TRON mainnet in Q2 2025. VeraWallet 2.0 will support both the existing $VRA token and the new PoV tokens.
$VRA, currently operating on the Ethereum blockchain, serves multiple functions within the Verasity ecosystem:
The company has already burned over 557 million tokens, demonstrating a commitment to tokenomics management and controlling the token supply.
Previously part of the $VRA contract, PoV will become a separate tradable data carrier token on the TRON blockchain. This strategic migration offers several advantages:
The migration ensures PoV operates independently via smart contracts, with Oracle nodes managing circulation. This separation particularly benefits services like decentralized Content Delivery Networks (CDNs), where users can access reduced fees through $VRA.
Verasity's patented Proof of View (PoV) technology represents a significant advantage in addressing ad fraud. The PoV system verifies video views on the blockchain by combining multiple verification methods:
According to Verasity's technical documentation, this system can detect fraudulent activity with 99.9% accuracy, ensuring advertisers pay only for genuine views while providing publishers with transparent analytics.
The technology has received patent recognition in both the United States and China, validating its unique approach to solving one of digital advertising's most persistent problems. This patent protection has positioned Verasity as a notable player in ad technology transparency across global markets.
Partnerships with established companies like Brightcove, Paybis, Creo Engine, Seerlabs, and many others extend Verasity's reach and integration capabilities. These relationships help position the company within the broader digital advertising industry.
Community reaction to the 2025 Roadmap has been mixed but generally positive. Some users express optimism, with predictions of significant value increases. Others have voiced concerns about delays in the PoV token implementation.
“I gotta say I didn't think this would be released but the VERY fact it's been released within the timeframe ( admittedly last moment ) but within the time frame gives me as an investor huge faith” said @ITSMEPURGE while @YankeeCrypto said: “*yawn* More soon to be broken promises on the way. Did you guys fix your tokenomics yet??” reflecting the community's mixed reactions of both optimism and doubt
While the roadmap outlines specific milestones, Verasity continues to explore innovations beyond these stated goals:
Through its technological approach, the company appears positioned to help reshape the creator economy and the digital advertising landscape.
As Verasity moves through 2025, its integrated ecosystem of products collectively drives growth and adoption. While VeraWallet plays a vital role in the financial aspects of this ecosystem, it's the combination of technologies—from VeraViews' ad fraud prevention to VeraEsports' engagement platforms—that powers Verasity's comprehensive approach to Web3 advertising.
The company's patented Proof of View technology remains at the core of its value proposition, addressing fundamental challenges in digital advertising verification. This focus on verified views, fraud prevention, and creator support positions Verasity to make progress toward its goal of becoming a leader in Web3 advertising. The combination of proprietary technology, strategic partnerships, and community engagement creates a foundation for potential long-term success in the rapidly evolving digital landscape. Join @verasitytech on X to stay up to date about their latest developments.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
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