To Verasians and Binancians!

Verasity proposes to add the trading pair VRAB/USDSB on Binance DEX

1) Provide evidence (screenshots or links) that you satisfy the criteria listed above:

Within days of its listing on Binance DEX in June 2019 Verasity had a daily trading volume of over 2,000 BNB. It’s currently trading with a typical range of 3,000 BNB to 5,500 BNB.

VRAB / BNB: https://www.binance.org/en/trade/VRAB-B56_BNB

Link to DEX

Link to CMC

2) Add the link to your original listing proposal thread.

https://community.binance.org/topic/128/reinstated-proposal-for-listing-verasity-vra-on-binance-dex

3) Number and percentage of your BEP2 token currently in circulation, as well as the current breakdown by ownership.

10,839,985,784 VRAB is the total supply with 2,532,541,057 VRAB unlocked in circulating supply (23.3%).

https://explorer.binance.org/asset/VRAB-B56

4) What other token standards you currently have your token issued on and how many there are issued on each chain.

Verasity has an ERC20 token (VRA) with 3,113,236,610 VRA in circulating supply, as calculated by CMC. Its Smart Contract Address is: 0xdf1d6405df92d981a2fb3ce68f6a03bac6c0e41f

Verasity plans to migrate to the Binance Chain as explained here. As this will be a gradual process, VRA holders have time to convert their VRA to VRAB. Conversion can take place in either the Verawallet.tv or at Binance.com.

5) Project development and growth since the answers provided by you in the initial listing proposal.

The managed swap from an ERC20 (VRA) to a BEP2 (VRAB) continues and tokenholders have been converting their VRA to VRAB via Binance.com and through our VeraWallet.tv. Over 23% of the total supply has migrated at a faster speed than expected and over 2,500 DEX wallets have been opened with VRAB.

As well as introducing VRAB into the VeraWallet, users will be able to Stake VRAB, top-up VRAB account and, of course, withdraw VRAB to a BEP2 wallet address. Although this was expected for August 5, but due to high demand it will be moved forward.

We are also introducing a feature, requested by our community, to convert all Stakes from VRA to VRAB from within the Staking wallet, without having to withdraw the tokens.

eBonus.gg, one of our video publishers, has released the analytical results of the partnership and are excited to see that the stats are far better than anticipated with total videos being viewed on the ebonus site up by 18%; the number of unique daily visualisations up by 25% and the total time watching videos up by a massive 36%.

These publisher results showing huge viewer gains from Verasity’s rewarded video tech confirm the efficacy of Verasity’s solution. Verasity’s rewarded video solution is the only viable alternative to increasing engagement and profitability in the face of YouTube and Facebook. For more read here.

These results also mean that more new users are coming on to the Verasity platform at a higher rate and will be introduced to VRAB and the Binance Chain in the process.

We are launching a mobile gaming app with rewards in VRAB. This gaming application is now being reviewed by Android and IOS and will likely be in the market by the end of August. Three publishers have signed up to deliver over 300,000 installs of the mobile app which means that this large number of verawallets and DEX token holders will be part of the community utilizing VRAB by year-end and substantially increasing the number of users of BEP2 tokens.

Since our initial proposal, we have supported Binance DEX by publishing a number of clear guides to help users to convert from VRA to VRAB and to create new wallets within Binance DEX and encouraged them to join and contribute to the community.

https://medium.com/verasity/guide-to-trading-on-binance-dex-dd5c76e4afc3

https://medium.com/verasity/vrab-conversion-withdrawal-in-verawallet-6fff18084ad6

https://medium.com/verasity/vrab-conversion-guide-on-binance-e370c6a714a9

https://medium.com/verasity/bnb-migration-plan-for-verasity-74496f946f78

Verasity also pushed CoinSuper to implement the Binance Chain and will be the first BEP2 token listed on CoinSuper within the next 10 days. Verasity believes that other exchanges supporting BEP2 tokens are an important building block to gain acceptance of the Binance Chain.

In addition, the project development addressed so far, the development team is building out the rest of the road map which includes automation of the publishing partner onboarding, the mobile app launch, ad stack improvements and the Proof of View testnet to be launched later in the year.

Verasity technology is now integrated into the following video players on publishers’ sites: YouTube, Twitch, Vimeo, JWPlayer, Brightcove, Kaltura, VideoJS, Flowplayer, and Ooyala which represents over 95% of all the video players utilized online (outside of China).

As a result of these integrations, our unique player technology is already available to more than 2.0 million video publishers with their own sites on the above Online Video Platforms with 550 million users and more than 110 billion monthly views.

We look forward to expanding the trading options for our community and the Binance DEX community with the additional proposed pair which would create more demand via the DEX. Verasity will utilize a portion of its revenues to acquire BNB to support the VRAB/BNB market as well as increase the liquidity of VRAB on Binance DEX and if listed, on Binance.com. We are taking full advantage of BNB utility allowing us to decrease trading fees as well.

** UPDATE **

Verasity has published two articles discussing the benefits of transitioning the VRA token from Ethereum to Binance Chain. The first A Technical Look at Our Move to Binance Chain evaluates the advantages of Binance Chain and the second Extending Verasity’s Audience & Capabilities With Binance Chain dives deeper in to the interoperability benefits from using Cosmos.

And we have over 12,000 DEX wallets using VRAB!