Verasity Price Prediction 2024, 2025, 2030, 2040 - The future of Verasity (VRA)
This blog post will cover:
- Verasity Overview
- What Is Verasity (VRA) crypto?
- Verasity Price Chart
- Verasity Price Technical Analysis
- Verasity Price Forecasts Comparison
- Verasity (VRA) Price Forecast 2024, 2025, 2030, 2040
- A Historical look at VRA’s price
- Verasity Correlation
- Should you consider buying Verasity?
- Conclusion: The Future of Verasity (VRA)
- Verasity Price Forecast FAQs
Verasity is an open-ledger ecosystem that aims to bring trust and transparency to the digital advertising and payments industry. Verasity’s patented technology, Proof of View, is designed to prevent ad fraud and reward users for watching video content. Verasity also offers payment solutions and a staking ecosystem with 15% yields guaranteed until April 2024. In this article, we will explore the potential future price of Verasity’s native token, VRA, based on various factors and scenarios. We will also analyze the current market trends, technical indicators, and expert opinions on VRA’s price performance.
Disclaimer: SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.
Verasity Overview
Coin Name | Verasity |
Coin Symbol | VRA |
USD Price | $0.00605698 |
Market Cap | $74,912,326 |
24h Volume | $14,487,226 |
Total Supply | 10,249,906,818 VRA |
What Is Verasity (VRA) crypto?
To understand what is Verasity, we should dive deeper into its concept. Verasity (VRA) crypto is an innovative open-ledger ecosystem focused on combating advertising fraud and offering unrestricted access to infrastructure for publishers and advertisers. It incentivizes users for consuming video content while providing robust payment solutions and a lucrative staking system yielding 15% returns until April 2024.
Leveraging a dynamic blend of AI, ML, and advanced blockchain technologies, Verasity is spearheading a groundbreaking advertising landscape through VeraViews, facilitating accessible transactions via VeraWallet, VeraCard, and VeraPay, and revolutionizing the attention economy with its patented Rewarded Video module.
At the heart of the ecosystem lies the VRA token, serving as a versatile utility token for financing advertising initiatives, staking in VeraWallet, executing transactions with VeraPay, and dispensing Watch & Earn rewards. With a deflationary circulating supply, Verasity strategically plans token buybacks and burns using revenues generated from its robust advertising ecosystem.
Platform has a few key features that are worth pointing out:
- Patented technology, Proof of View, is designed to prevent ad fraud and reward users for watching video content.
- VeraWallet offers industry-leading security and cold storage to keep users’ funds safe.
- VeraPay enables fast and cost-effective transactions, setting a higher standard in the realm of blockchain technology.
- VeraCard provides a convenient and secure way to spend VRA tokens online and offline.
- Staking program offers a guaranteed 15% yield until April 2024, creating a deflationary pressure on the token supply.
- Governance model allows token holders to participate in key decisions and shape the future of the ecosystem.
Verasity’s rivals
When we are talking about the competitors on the crypto market, it’s always hard to pick a few titles, because tens of projects appear every year, becoming rivals to already existing ones. Check out some of the Verasity rivals.
- Theta (THETA)
Theta serves as the decentralized green room, revolutionizing the backstage of digital content delivery. It provides a virtual space where creators can fine-tune their performances, while blockchain technology acts as the stagehands, making sure the show goes on seamlessly.
- Fantom (FTM)
Fantom operates as the sonic highways of the crypto world, creating express lanes for transactions to travel at breakneck speed, ensuring a swift and efficient journey for decentralized applications.
- Arbitrum (ARB)
Arbitrum is the Ethereum bypass surgery, skillfully rerouting and streamlining transaction traffic to alleviate congestion on the main blockchain.
The Foundation of Verasity
Verasity was founded in 2018 by David Orman, Chris Gale, and Scott Brown. The project aims to revolutionize the digital advertising industry by providing a transparent, secure, and rewarding ecosystem for all stakeholders. Verasity’s patented Proof of View technology ensures that advertisers only pay for verified views, while users are incentivized to watch and engage with video content through VRA rewards. Verasity has partnered with several leading companies in the media and entertainment space, including YouTube, Vimeo, Amazon Web Services, and more. The project has also received recognition and awards from various organizations, such as the Blockchain Innovation Award, the TMT Global Award, and the Digital Entertainment World Award.
The company has been developing its ecosystem and products since its first days, with a focus on innovation, user experience, and community engagement. Verasity’s VeraWallet offers industry-leading security and cold storage to keep users’ funds safe, while VeraPay enables fast and cost-effective transactions. Project’s staking program offers a guaranteed 15% yield until April 2024, creating a deflationary pressure on the token supply. Firm’s governance model allows token holders to participate in key decisions and shape the future of the ecosystem. Verasity’s roadmap for 2022 and 2023 includes several ambitious goals and milestones, such as expanding its partnership with Brightcove, launching VeraCard, and integrating with more media and entertainment platforms.
Verasity Token Functions
Understanding the role and functions of tokens in a cryptocurrency project is paramount for any investor seeking to make informed decisions in the ever-evolving world of digital assets. Tokens are the lifeblood of these projects, serving as the building blocks for decentralized ecosystems and blockchain-based platforms. They can represent various utilities, from governance rights and access to services to representing assets like real estate or stocks. By comprehending the specific functions a token serves within a project, investors can gauge the project's viability, potential for growth, and risks involved.
Moreover, the intricate details of token functions influence the long-term sustainability of a crypto project. For example, some tokens grant voting rights in the network's governance, which empowers investors to have a say in protocol upgrades, ensuring that their interests are represented. Additionally, tokens can determine the supply dynamics, inflation rates, and scarcity, which are critical factors in assessing a project's economic model and price stability. By grasping these nuances, investors can better anticipate how the project may evolve and adapt to changing market conditions.
Lastly, security and risk management are important in the cryptocurrency space, and understanding token functions can aid in assessing potential vulnerabilities and mitigating risks. If a token is used as collateral in decentralized finance (DeFi) platforms, it's essential to know how its value is secured, what mechanisms protect against sudden crashes, and whether there are exit strategies in place. A deep understanding of token functions enables investors to make more informed decisions, reducing the chances of falling victim to scams or volatile market movements.
To sum up, knowledge of token functions in a crypto project is a linchpin for intelligent investment choices, impacting everything from governance participation to financial security and ultimately enhancing the overall investment experience.
VRA token operates as a versatile digital asset within the Verasity ecosystem, serving an array of critical functions that contribute to the platform's seamless functionality and user engagement. Some of them include:
Funding ad campaigns and facilitating transactions
VRA plays a pivotal role in funding advertising campaigns within VeraViews, the native advertising module of the Verasity platform. Additionally, it serves as a medium for secure and efficient transactions within VeraWallet, enabling users to engage in various digital exchanges with ease and convenience.
Enabling staking activities and governance participation
VRA holders can actively engage in the staking of their tokens through the VeraWallet, availing a guaranteed yield of 15% until April 2024. Moreover, VRA holders wield significant governance rights within the Verasity ecosystem, allowing them to partake in key decision-making processes that shape the future trajectory of the platform.
Facilitating seamless payments and enhancing user rewards
Through VeraPay, VRA tokens facilitate swift and cost-effective transactions, providing users with a seamless payment experience that enhances overall transactional efficiency. Additionally, VRA serves as a rewarding mechanism for users engaging with video content on the Verasity platform, fostering a rewarding environment that incentivizes continued user interaction and loyalty.
Empowering advertisers and promoting transparency
Verasity leverages the VRA token to create a transparent and efficient advertising environment, where advertisers only pay for verified views. By utilizing VRA, advertisers can significantly reduce the risks associated with ad fraud, ensuring that their marketing efforts yield higher efficiency and a more substantial return on investment. Moreover, this approach fosters a mutually beneficial relationship between content creators and advertisers, stimulating the growth of the Verasity ecosystem.
By encompassing these diverse functionalities, the VRA token forms the cornerstone of the Verasity platform, playing a pivotal role in creating a dynamic and sustainable digital environment for users, content creators, and advertisers alike.
Verasity Development Roadmap
Verasity has published its quarterly roadmaps to showcase its plan to success. The roadmap includes several ambitious goals and milestones, such as expanding its partnership with Brightcove, launching VeraCard, and integrating with more media and entertainment platforms. The roadmap for 2023 is focused mainly on commercial goals for VeraViews, and the rollout of the VeraCard.
Verasity aims to become the most powerful advertising ecosystem in the world through VeraViews, developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay, and enhancing the attention economy through its patented Rewarded Video module. Verasity has also partnered with several leading companies in the media and entertainment space, including YouTube, Vimeo, Amazon Web Services, and more. The project has received recognition and awards from various organizations, such as the Blockchain Innovation Award, the TMT Global Award, and the Digital Entertainment World Award.
Where and how to buy Verasity crypto?
If you wish to buy the asset after you read the Verasity coin price prediction, you can purchase it via SimpleSwap or any other trusted crypto exchange. To become an owner of VRA through SimpleSwap, follow the easy steps below:
- Select the cryptocurrency you would like to exchange (for instance, Bitcoin).
- Enter the amount you want to swap.
- Choose VRA in the second drop-down list (the crypto you would like to receive). You will see the estimated amount that you will get after the exchange.
- Click the Exchange button.
- Enter the Recipient's Address. VRA will be sent there. Please ensure you enter the right address.
- Create the exchange.
- You will see the VRA deposit address. You have to transfer the necessary sum of VRA to this address to start the exchange. After that, wait for tokens to reach your wallet.
After you’re done, you will become an owner of the VRA tokens. If you’re interested in any other crypto, you may follow the same instructions to purchase it.
Verasity Price Chart
Based on the data from CoinMarketCap, the current price of Verasity (VRA) is $0.00605698, which represents a 7.6% increase in the last seven days and a 1,030% increase in the last year. The all-time high for the asset was $0.086208, reached on November 1st, 2021.
Currently, the Verasity asset is undergoing a correction after successfully breaching the inclined level, testing it for support. The POC of the range acts as the second foundation for the rebound. Elevated vertical trading volumes serve as the third foundation.
After retesting the inclined level and the POC, a rebound is expected with the potential to continue the upward trend. The first target is to reach the resistance level at $0.011548. Upon successfully surpassing this level, the next target is the Verasity coin price point of $0.017365.
VRA Price | $0.00605698 |
Volume (24h) | $14,487,226 |
Total supply | 10,249,906,818 VRA |
*Information given above as of November 6th, 2023.
Verasity Price Technical Analysis
Currently, the price of Verasity (VRA) hovers around $0.00605698. It has shown a strong bullish trend since October 2021, breaking several resistance levels and reaching new highs. The current support level is around $0.0055, while the current resistance level is around $0.0065. The Relative Strength Index (RSI) value is at 58.76, indicating a balanced market condition. The Moving Average Convergence Divergence (MACD) indicator shows a positive momentum, with the MACD line above the signal line and the histogram above zero.
As of this writing, VRA crypto holds the 350th position on the CoinMarketCap ranking with a market cap of $74,912,326.
Since the beginning of 2023, Verasity has demonstrated a steady upward movement, increasing its value from $0.002135 to $0.011548, marking a remarkable gain of over 459%.
However, followed by a significant VRA coin price decline of more than 68%, reaching a low of $0.003686. This period of decline lasted for over 220 days, leading to the formation of an inclined resistance level. The level of $0.003686 became a rebound point, and after three attempts, the Verasity crypto asset successfully surpassed the inclined level.
Verasity Price Forecasts Comparison
Different forecast platforms have provided their views on the potential future price of VRA:
- WalletInvestor: According to WalletInvestor, the VRA crypto price prediction is the following: it will reach up to $0.0072 in the next 14 days. The long-term forecast price for 2025 will be $0.0298, and the Verasity forecast for 2030 is $0.0576. Going even further, considering all previous highs and lower time frame prognoses, the prediction for 2040 is $0.1124.
- DigitalCoin: According to DigitalCoin, the price of Verasity is predicted to increase by 55.67% and reach $0.009424 by the end of 2023. The long-term forecast price for 2025 will be $0.015813, and the Verasity forecast for 2030 is $0.025522. Going even further, considering all previous highs and lower time frame prognoses, the prediction for 2040 is $0.043847.
- TradingBeasts: According to TradingBeasts, the VRA crypto price prediction is the following: it will reach up to $0.0078 in December 2023, with a minimum price of $0.0053 and a maximum price of $0.0097. The long-term forecast price for 2025 will be $0.0119, with a minimum price of $0.0081 and a maximum price of $0.0149. The Verasity forecast for 2030 predicts the price of .
Here is the comparison table outlining the VRA coin price prediction given by these platforms:
Source | VRA Price Prediction 2024 | VRA Price Prediction 2025 | VRA Price Prediction 2030 |
WalletInvestor | $0.0072 | $0.0298 | $0.0576 |
DigitalCoin | $0.009424 | $0.015813 | $0.025522 |
TradingBeasts | $0.0078 | $0.0119 | $0.0678 |
*Information given above as of November 6th, 2023.
Currently, VRA forecast doesn’t suggest that VRA will approach the $10 mark in the nearest future.
Additional forecasts for Verasity from other platforms:
Source | VRA Price Prediction 2024 | VRA Price Prediction 2025 | VRA Price Prediction 2030 |
Changelly | $0.0667 | $0.0374 | $0.0438 |
Coinpedia | $0.0081 | $0.0453 | $0.06689 |
*Information given above as of November 6th, 2023.
Verasity (VRA) Price Forecast 2024, 2025, 2030, 2040
Year | Maximum price of VRA |
2024 | $0.0158 |
2025 | $0.0255 |
2030 | $0.0576 |
2040 | $0.1124 |
*Information provided as of November 6th, 2023.
Verasity (VRA) price prediction 2024
The price of Verasity can hit an average price level of $0.014651 mark by 2024. The year can end with a maximum price of $0.014651 if there is any bullish event. However, if there is any bearish environment in the market the minimum price level of Verasity can be around $0.005978.
Verasity (VRA) future price prediction for 2025
The Verasity price prediction 2025 ranges from $0.005547 at the lower end to $0.013209 at the higher end. If VRA achieves the upper price target, it would mark a substantial increase from the current value.
Verasity (VRA) coin price forecast 2030
The Verasity price prediction 2030 is currently between $0.001365 on the lower end and $0.006578 on the high end. Compared to today’s price, Verasity could gain 9.52% by 2030 if it reaches the upper price target.
Verasity (VRA) crypto price prediction 2040
According to the long-term VRA price prediction 2040, the anticipated prices could reach a new all-time high this year. By 2040, the maximum price of the VRA Coin is projected to be around $0.1580657. The average price forecast for Verasity is $0.04586 in 2040.
In general, Verasity (VRA) coin price prediction shows a potential for a substantial appreciation in the next few years. However, this is not a guarantee and there are many uncertainties and challenges that could affect VRA’s future value.
Please note that these predictions are based on historical data and current market trends. Cryptocurrency investments carry significant risk due to their volatility. Always do your own research or seek professional help if needed when deciding on investment steps.
A Historical look at VRA’s price
Verasity (VRA) reached its all-time high on November 1, 2021, when the price soared to $0.086366. On the other hand, it's all-time low was on April 19, 2019, where VRA’s price stooped to $0.0051720.
Verasity/USD Pair
VRA/USD | 5 October 2019 | $0.0056 |
VRA/USD | 5 October 2020 | $0.0061 |
VRA/USD | 5 October 2021 | $0.086208 |
VRA/USD | 5 October 2022 | $0.00603 |
VRA/USD | 5 October 2023 | $0.005603 |
There’s been a slight decrease in the VRA price in USD over the past year.
Verasity/EUR Pair
VRA/EUR | 5 October 2019 | €0.00033 |
VRA/EUR | 5 October 2020 | €0.00070 |
VRA/EUR | 5 October 2021 | €0.037 |
VRA/EUR | 5 October 2019 | €0.0039 |
VRA/EUR | 5 October 2019 | €0.0064 |
Verasity Correlation
During the past week, Veracity correlated with several assets. Let’s take a closer look at the positive and negative indicators.
Positively Correlated Currencies
Name | Correlation |
XEM | 0.837 |
ZEC | 0.824 |
OKB | 0.806 |
Negatively Correlated Currencies
Name | Correlation |
MKR | -0.230 |
TRX | -0.045 |
BSV | -0.035 |
Should you consider buying Verasity?
Determining whether to include Verasity (VRA) in one's investment portfolio hinges on factors like risk tolerance, financial goals, and market insights. Notably, Verasity boasts a distinctive Proof of View system, a patented solution tackling issues in video advertising and NFT fraud. This innovative system ensures real-time verification and recording of each ad view, establishing a secure and transparent approach to validating views.
Furthermore, Verasity plays a pivotal role in the burgeoning esports sector and gaming community, providing robust server infrastructure, Proof of View security functionalities, and the user-friendly VeraPlayer platform for immersive video entertainment experiences. Its rebranded VeraEsports platform, formerly known as Esports Fight Club, enables users to stream content, compete, and earn rewards, while advertisers leverage Verasity's cutting-edge Proof of View technology.
Moreover, Verasity's ecosystem incorporates various engaging features such as watch-and-earn models, esports tournaments, and video publishers, all meticulously crafted to foster user engagement and incentivize viewers. With the VRA token, users can participate in the VRA staking program, yielding rewards of up to 18.25% APY, and earn tokens through active involvement in the network, including activities like watching videos, referring friends, or organizing tournaments.
It’s important to remember that investing in cryptocurrencies can be risky due to their volatility. It’s crucial to conduct thorough research and consider seeking advice from financial advisors before making any investment decisions. Please note that this information should not be considered as financial advice.
Conclusion: The Future of Verasity (VRA)
When considering the benefits and potential challenges of Verasity, there’s a relative sense of optimism surrounding the future of this cryptocurrency. However, the path and future projection of VRA are influenced by a multitude of factors, including technological advancements, market fluctuations, regulatory landscapes, and overall adoption trends. To stay updated on VRA’s developmental journey, it’s crucial to keep an eye on the latest developments and expert analyses in the field.
Key Insights:
- Verasity's proof-of-view protocol allows compensation in VRA crypto for video creators by verifying viewer engagement through tracking full or partial views.
- By allowing video publishers to earn VRA each time a viewer watches their content, and rewarding viewers in the Verasity coin for their engagement, the project aims to incentivize the formation of mutually beneficial relationships between all participants in its online video ecosystem.
- The Verasity coin found strong rebound support at technical analysis price points including an inclined resistance level, the center of its trading range, and elevated transaction volumes, signaling potential for upside momentum to continue.
Verasity Price Forecast FAQs
Here you may find answers to the most frequently asked questions about the project.
Is Verasity still a good investment?
Verasity’s unique features and patented Proof of View system make it an interesting prospect in the cryptocurrency market. However, investing in cryptocurrencies can be risky due to their volatility, and thorough research is recommended.
Will Verasity reach $0.1?
Some predictions suggest that Verasity (VRA) could potentially reach $0.1. However, these are just predictions and the actual price can be influenced by various market factors.
Can Verasity reach $10,000?
Given the current price and market cap of Verasity, reaching a price of $10,000 per token would require a significant increase that seems unlikely based on current market conditions.
What is the price target for Verasity in 2025?
Various sources predict that Verasity could reach between $0.011 and $0.049 by 2025. However, these are just predictions and actual prices can vary.
Is Verasity worth holding?
Verasity’s unique features and potential for growth might make it worth holding for some investors. However, decisions should be based on individual financial goals and risk tolerance.
Is Verasity bullish or bearish?
The general sentiment around Verasity is currently bullish, with many in the crypto community optimistic about its future prospects. However, market sentiments can change rapidly in the cryptocurrency space.
What is Verasity used for?
If you want to get acquainted with the VRA token functions, make sure to check out the “Token functions” section in this article. There we have reviewed the core responsibilities of VRA in the Verasity ecosystem.