Verasity Veraplayer has been designed as a disruptive video sharing platform, a platform that has been made to pivot the online video ecosystem. It is through enabling and also direct transparent relationship that can exist between the content creators, viewers, and even advertisers. The company has an experienced team that has been equipped with a wealth of experience that is spanning across the technology and media sector.

Additionally, having previous leadership goals in companies like Sky, Eurosport, Joost, Turner, Guardian, and AOL. This is not all as cutting-edge video player technology has powered the platform, so you are assured of receiving the best in high-quality viewing experience.

The Verasity proprietary blockchain technology has been able to create a transparent economy that is being efficiently powered by the new cryptocurrencies that’s is called VERA.

More About Verasity VeraPlayer Video Sharing Platform

The primary goal of this company is to liberate the various creators that are present plus the online publishers while still improving on the viewer's experience of the videos provided. The company’s protocols will be used across the web in order to efficiently integrate the video delivery and also secure instant payments that are done using VERA. All this has been backed and trusted with the help of the transparent blockchain technology.

What To Know About The Video Sharing Market?

We have witnessed how online videos are the fastest growing medium on the web, it is actually set to account for about 82% of all the consumer traffic we see by the year 2021. This is not all as the market will be worth $312 billion. And yet with all these factors, the video business model is profoundly challenged.

With the gradual increase of online video platforms, both the consumption and the creation has become more accessible over time. As a result, it has led to a significant increase in the production of content and also the consumption as most individuals are shifting online to get their entertainment fix.

However, with the current advertising models, companies like Google and Facebook automatically stand out as the winners in the market, as they have been able to control the distribution of content and the sale of advertising.

As a result, having these monopolies controlling the market, they have been able to turn the screws to increase the profit margins, change the fundamental algorithms that demonetize the creators; as a result, they decide on which content will be monetized.

But Verasity has set itself to change all this; it is all thanks to the next generation video sharing feature they are ready to offer the market. It has been designed to liberate the various creators we have in the market and benefit the end users experience.

How Verasity VeraPlayer Will Work

The platform will be able to facilitate direct and also transparent value exchange that will exist between the video viewers and even the content publishers. As a company, the revenue that is generated is retained within the economy and appropriately used for the platform operation costs.

Essentially Verasity Veraplayer will put the power back into the hands of the various users and the creative content providers. As a result, this will create a better ecosystem for all parties involved. The protocol of the company aims at empowering the future that is in digital entertainment.

With the practical tools in place, this platform will quickly be adopted by the advertisers, content creators, publishers and replace the traditional monetization channels that have been used for decades.

Verasity has come to change the game for the tech giants who are slowly becoming digital cartels in the market.